Article: WOO X Research
Meme coins have been constantly mentioned this week and have been on the rise. Recently, KOL Murad gave a speech about the supercycle of meme coins at the TOKEN2049 conference. He believes that there will be 8 to 14 months of meme frenzy and has released his list of favored meme coin varieties, enthusiastically endorsing them. Among them, his favorite is SPX, which had a market value of only about $10 million when he first bought it. Its current market value is approximately $750 million, with a floating profit of up to $8.3 million, making it the god of the new generation of meme coins.
At the same time, he actively promotes on Twitter, repeatedly mentioning SPX, GIGA, PEPE, SIGMA, APU, POPCAT, and others.
But in fact, long before Murad vigorously promoted memes, many meme coin KOLs frequently endorsed them. WOO X Research in this article compiles the performance of the coins they endorsed since October to explore who is the king of meme endorsements.
Table of Contents
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Murad @MustStopMurad
Ansem @blknoiz06
POW @traderpow
POΞ@Poe_Ether
Summary
Endorsement Style: Prefers cult-style meme coins, with SPX mentioned the most, followed by GIGA and POPCAT. Most of the meme coins recommended by Murad have market values between $300M and $1.5B, with fewer endorsements for small market value coins. Basically, the current price requires less increase from the historical highs, indicating that meme coins have smaller rebounds.
Introduction: The most well-known KOL on Solana, known for endorsing SOL at $1.5 and subsequently endorsing BONK and WIF, achieving gains of 80x and 500x, respectively.
Endorsement Style: Ansem not only endorses memes but also includes “legitimate” projects such as ENA, FTM, PRIME, CROWN, HNT, XNET, CHEX, and others. He is currently bullish on the FTM chain, believing that it will be like SOL in the past. He also heavily promotes meme coins like GOGLZ and EQUAL. The prices of these coins have performed well and have significant upside potential with smaller rebounds.
The endorsed meme coins are also of medium to high market value, with WIF mentioned the most, followed by MEW. However, his Twitter feed is quite chaotic, with retweets accounting for up to 80%, with dozens of retweets a day. He has also retweeted Murad’s tweets multiple times, showing his agreement with Murad’s meme philosophy and stating that he is also a member of Murad Team.
Introduction: A chain Degen player with over 80,000 followers on Telegram. They mainly send real-time 1.5-grade meme coin call information. The statistics mentioned below are from Twitter endorsements and do not include Telegram endorsements. CB, LABUBU, and are projects launched after October, and the gains are calculated based on the closing price of the first day.
Endorsement Style: Prefers endorsing small market value meme coins. CB, LABUBU, and mentioned earlier have all retraced more than 50% from their highs. Apart from MOG, MEW, and SPX, the other coins are more than 40% away from their historical highs. It seems that POW is better at short-term PVP meme calls and performs poorly from a long-term perspective.
Introduction: A Degen with nearly 200,000 Twitter followers and over 40,000 followers on Telegram. The average Twitter impressions are around 15,000.
Endorsement Style: Issues a large number of meme calls, mostly for medium to small market value coins and in real-time. In addition to ETH and SOL, they also include BASE and SUI. GIGA is the most endorsed coin. Among them, SPX, GIGA, BITCOIN, GOAT, HODL, LOCKIN, and KEYCAT have smaller rebounds. Current events and DOGE-like names perform the worst.
The coins mentioned by all four KOLs are SPX, followed by GIGA, BITCOIN, and MOG. Their common characteristic is the “cult-like” nature.
It is worth mentioning LOCKIN, which also brought fame to amateur @ctlarp. He firmly holds the coin and has held it for 136 days, with a value exceeding $700,000. His Twitter page is full of content related to that coin, creating a strong “cult atmosphere.”
Returning to the four KOLs in this article, they are all well-known meme players, but each has a different style when it comes to “dog fights.”
Based on the statistical results, Murad is the most stable, POW and POE are good at PVP, and Ansem is exploring new battlegrounds with FTM. Has the supercycle of memes just begun? Let time be the judge.
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