Under the MEME wave, a review of the mainstream public chain concept of "Dragon Year Speculation on Dragons"

Written by: Peng SUN, Foresight News

In the Year of the Dragon, the heavenly stem is Jia, the earthly branch is Chen, and the five elements belong to wood, with Chen representing the dragon. Chen can store water and accumulate soil, containing the vitality of Yi wood, the nourishment of Gui water, and the stability of Wu soil. For those born in the years of Wu and Ji, the Year of the Dragon is a year of wealth, with the Azure Dragon guarding the treasure. An ancient saying goes, "Encountering a treasury leads to ten years of wealth."

Looking back at the 2022 Spring Festival Gala, Shen Teng repeatedly mentioned "DogKing in the Metaverse" in the skit "Returning or Not," and shortly after, the cryptocurrency DogeKing surged 5000 times over two nights. As the Lunar New Year of 2024 approaches, the "dragon" concept Memecoins and inscription projects have emerged on major public chains, whether it be Silly Dragon on Solana or DINO on Avalanche, the enthusiasm remains as high as ever.

However, the rise of the "dragon" concept is not merely influenced by Chinese elements; on the contrary, it originated in the West. During Halloween 2023, Solana co-founder Anatoly Yakovenko appeared in a "Silly Dragon" costume at the Solana Breakpoint 2023 meetup in Amsterdam, shortly after which "Silly Dragon" was launched on Solana. Following Anatoly's attention, Silly Dragon has surged over 80 times and today surpassed 0.13 USDT, setting a new historical high.

In the Western world, dragons exist in ancient Greek, ancient Babylonian, Christian narratives, Norse mythology, Celtic culture, and Anglo-Saxon legends. They symbolize the strength and sanctity of the Vikings, Celts, and Anglo-Saxons; in the Christian Bible narrative, the legend of "Saint George and the Dragon" portrays the dragon as a "guardian of wealth" and a devil. In China, during the Shang and Zhou dynasties, dragons were worshipped as totems, regarded as the king of all beasts, bringing rain and blessings to the earth, symbolizing peace throughout the land. In the political lineage post-Qin and Han, dragons became symbols of political divine power in China, representing wealth, wisdom, and authority.

"Dragon Year speculates on dragons," and beyond dogs, a shared cultural meme has emerged in both the East and West. In light of this, Foresight News has compiled a list of recent "dragon" concept Memecoins and inscription projects on major mainstream public chains for readers.

• Due to the significant price fluctuations of inscriptions and Memecoins, Foresight News reminds investors to remain rational and manage risks, and this article does not constitute any investment advice.

SolanaSilly Dragon (SILLY)

Silly Dragon (SILLY) is the most hyped memecoin on Solana recently, with the Chinese name "傻龙". Today, it has once again surpassed 0.1 USDT, reaching 0.138 USDT, setting a new historical high, currently quoted at 0.1183 USDT.

Silly Dragon was launched on December 5, and has since gained support from Solana co-founder Anatoly Yakovenko, with a price increase of over 80 times in the past half month. Anatoly Yakovenko mentioned Silly Dragon on September 6:

On December 16, Anatoly tweeted about Silly Dragon: "We urgently need this cultural meme 'Silly Dragon'." On that day, Silly Dragon surged 26 times to 0.027 USDT.

SILLY has a total supply of 1 billion, a market cap of approximately 118 million USD, and a 24-hour trading volume of about 24.39 million USD, with over 6,000 addresses trading on-chain. Currently, over 13,000 addresses hold SILLY, with the address bitgetzero.sol holding 6.78%, ranking first. The address HRgsV5…zhjg holds 5.77%, ranking second; the address 12eC4Ew…KgkW holds 2.19%, ranking third.

DragonCoin (DRAGON)

DragonCoin (DRAGON) is a memecoin on Solana, claiming "DragonCoin is created to make you rich."

DRAGON was launched for trading on December 20, with an increase of nearly 100 times, currently quoted at 0.0000000000023868 USDT, with a market cap of approximately 238,000 USD and a 24-hour trading volume of about 256,000 USD. DRAGON currently has 388 holders, with the Raydium address holding the largest share at 8.13%; an address named "Creator" ranks second with 5.05%; the address 6qMgPW…v6eF ranks third with 3.9%.

Foresight News reminds investors that DRAGON is a very early-stage project. Although it is fully circulated, its small market cap may lead to significant volatility, so investment should be approached with caution.

LOONG (LOONG)

LOONG (LOONG) is a memecoin on Solana, with a total supply of approximately 99.9 million. LOONG was launched for trading on December 19, currently quoted at 0.00010438 USDT, with a market cap of about 10,000 USD and a 24-hour trading volume of 1,380 USD.

LOONG currently has 115 holders, with the Raydium address holding 26.31%, ranking first; the address pru.sol holds 9.4%, ranking second.

Foresight News reminds investors that LOONG is a very early-stage project. Although it is fully circulated, its very small market cap may lead to significant volatility, so investment should be approached with caution.

Bitcoin

Long

Long is a BRC20 inscription in the Bitcoin ecosystem, created in March, with a total issuance of 21 million and a single minting limit of 1,000.

Long's Twitter slogan is "Long Bitcoin, Short the World," "Buy $Long in the Year of the Dragon 2024 for good luck, buy a flying dragon in the sky." The Long global Chinese community on Telegram has 282 members, but there are at least 8 WeChat groups.

On December 14, Long's highest transaction price was 1.01 USDT, currently quoted at 0.47 USDT, with a market cap of approximately 10.06 million USD and a total of 1,411 holders. The address starting with bc1p06 holds about 407,545, accounting for 1.94%, ranking first, with the top 8 addresses holding between 1% and 2%.

DRAG

DRAG is a BRC20 inscription in the Bitcoin ecosystem, created on April 26, 2023, with the community slogan "Let DRAG go global, let the culture of DRAG spread to every corner of the world," claiming "it gathers industry OGs and well-known capital."

DRAG has a total issuance of 210 million, with a single minting limit of 10,000, a market cap of approximately 9.88 million USD, and the floor price has risen from 0.00082 USDT to 0.049 USDT, with a 24-hour trading volume of about 160,000 USD and a total of 1,606 holders. The address starting with 3PkQBd holds 6,380,554, accounting for 3.04%, ranking first, with 4 other addresses holding between 2% and 3%.

DADA

DADA is a BRC20 inscription in Bitcoin, deployed on April 26, 2023, with the community slogan "Dragon Walks (DA) (DA)," targeting the BRC bull market, the dragon concept of 2024, and the Spring Festival Gala IP of 2024.

DADA has a total supply of 21 million, with a single minting limit of 1,000. Currently, DADA has a market cap of approximately 2.03 million USD, with the floor price rising from 0.03 USDT to 0.096 USDT, a 24-hour trading volume of about 72,000 USD, and a total of 786 holders. The address starting with bc1pev has the highest holding ratio at 2.06%, with a holding quantity of 433,000, and there are 9 other addresses holding between 1% and 2%.

BNB Chain

DragonKing

DragonKing is a BEP-20 community token on the BNB Chain, adopting a deflationary model. Holders of over 15 billion DragonKing tokens in their wallets can earn USDT, with 0.5% of each DragonKing transaction added to the liquidity pool, and 3% of each transaction redistributed to holders of at least 15 billion DragonKing tokens. DragonKing has established the Dragon King DAO Foundation and released a white paper.

DragonKing has a maximum supply of 5 trillion, with a current total supply of 13.27 trillion, fully circulated, with a market cap of approximately 249,000 USD, currently quoted at 0.000000018751 USDT.

Foresight News reminds investors that DragonKing is a very early-stage project. Although it is fully circulated, its very small market cap may lead to significant volatility, so investment should be approached with caution.

Avalanche

DINO

DINO is an ARC20 inscription on Avalanche, reportedly a Silicon Valley startup project, reflecting the foreign sentiment towards Jurassic Park.

DINO has a total supply of 2,100,000,000,000,000, fully minted, with a single minting limit of 100,000,000. DINO's floor price is currently 0.8 USDT, with a market cap of approximately 16.96 million USD, a 24-hour trading volume of about 8,195, and a 24-hour sales volume of 939.

Currently, there are 41,772 addresses holding DINO, making it the top inscription on Avalanche. Among them, the address starting with 0xc1af holds 1.2%, with a holding value of 2.5 trillion, while the remaining addresses hold 0.65% or less.

In addition, there are other "dragon" concept inscriptions on Avalanche, such as drag, dragon, DRAGON-X, Dragon.., LONG2024, long, longking, etc., but all have a market cap of 0.