ETH returns to 3000 and triggers the mainnet meme, here are four potential projects
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On July 11, ETH returned to the $3,000 mark after nearly five months, sparking market attention. With mainnet upward signals released, the Meme sector in the ETH ecosystem also saw a collective rebound, with multiple tokens experiencing short-term rallies and market sentiment quickly warming up.
Therefore, deeply exploring projects with genuine growth potential in the ETH ecosystem has become the key path to finding Alpha. This article will focus on four potential projects with current popularity and solid fundamentals, providing analysis and summary.
$MANYU: A Social Media Superstar Shiba Inu with 20 Million Fans
$MANYU is a "spoiled Shiba Inu" and a rare Meme market project with a real traffic foundation, with over 20 million followers on social media platforms and video views exceeding 360 million.
Within just five days of launch, the project rushed to the top of CoinMarketCap, with a 14-fold increase in 7 days. Its market cap has now exceeded $42 million, with over 10,000 token holders and exposure breaking 700,000 times. $MANYU aims to create the next potential Shiba Inu king after $DOGE and $SHIB through an "IP + Community + Pure Emotion" light mode route.
$BOOE: Writing the Crypto Bible on Ethereum
$BOOE constructs a narrative blueprint in the form of a "sacred manuscript", portraying the Ethereum ecosystem as an epic spanning mythology and code. It emphasizes digital sovereignty, decentralized finance prophecies, and the eternal wisdom driving the Ethereum civilization forward.
Beyond its compelling narrative, $BOOE's team is also noteworthy. The Ethereum whale "fbb4", who successfully managed $Pepecoin and $BasedAI, recently invested $800,000 in $BOOE, intending to create another legend.
The project has also attracted attention from Ethereum ecosystem core figures, with Joseph Lubin, an executive of the recently popular Ethereum micro-strategy SBET, following $BOOE's project Twitter. Ethereum co-founder Anthony publicly interacted with "Winner winner", showing support and giving $BOOE imaginative potential in both cultural and capital dimensions.
$SBET: The "ETH Microstrategy" Token
$SBET, as a derivative of Shaplink Gaming's "ETH Microstrategy", has successfully ignited market sentiment through the company's substantial ETH holdings, despite lacking official endorsement.
Compared to the Ethereum Foundation's continuous ETH selling, SharpLink's operation has injected a strong stimulus: from June 23 to 30, SBET spent approximately $22.8 million to buy 9,468 ETH at an average price of $2,411. Currently, its total holdings have reached 205,957 ETH, all staked on-chain, just 40,000 ETH away from the Ethereum Foundation.
$IMF: The "Shadow Bank" of Mainnet Meme
IMF (International Meme Fund) is a decentralized financial platform tailored for mainnet meme, allowing users to mortgage and lend stablecoins $USDS using meme tokens like $PEPE, $JOE, and $MOG without selling.
Currently, IMF has quickly grown into one of the most influential liquidity engines in the meme circle - not only the 34th largest $PEPE holder but also the largest holder of $MOG and $JOE.
Summary
ETH's return to $3,000 releases not just a mainnet value signal but also injects long-missed vitality into the Meme sector of the ETH ecosystem. This round of mainnet Meme's upward movement seems more like "an old story replaying at a new high point" - who can navigate through emotional tides and support long-term value still requires time and further market verification.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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