Author: Nan Zhi, Odaily Planet Daily
Last week, with Binance launching GOAT and MOODENG contract transactions, the AI Meme concept ushered in a new round of climax, and the zoo concept also recovered. At the same time, the token Ban issued by Sotheby's Vice President Michael Bouhanna made the concept of "art" begin to gain momentum. Odaily will sort out the recent hot tokens and the concepts behind them in this article.
Risk Warning: The tokens in the table below are selected by the author based on his subjective judgment of the popularity of tokens. They are not for token promotion purposes, but only for readers to understand the current data and concepts of tokens. If there are omissions in concepts and definitions, please feel free to communicate and correct them. The market value of tokens in the figure is as of 07:00 on October 28 (UTC+ 8).
Tokens and concepts
ai16z、degenai
ai16z was originally a concept token issued by @pmairca on the fundraising platform daos.fun, raising a total of 420 SOLs, with a market value of around $4 million before October 27. At 8 a.m. yesterday, a16z partner Marc released two ai16z-related content posts in succession, and the token began to rise rapidly, reaching a market value of $80 million.
Degenai is the AI token purchased by the @pmairca address, and it rises along with ai16z.
According to X platform user @tocuee, the team behind @pmairca is actually the "AI conspiracy group" (Note: For a detailed introduction to the conspiracy group, see this article), which has launched a large number of AI concept meme tokens, and many popular tokens are issued by it.
ACT
The concept is the token related to the AI project ACT I, and the project developer is @amplifiedamp. The AI project itself has received investment from a16z, and the tokens will reportedly be used for the development of the AI project.
The token initially rose due to the a16z investment concept. However, on the day of the token issuance, the developer @amplifiedamp announced the issuance of another token, causing the ACT market value to plummet from $40 million to less than $10 million. Later, with the joint efforts of the Chinese and foreign communities, the market value once rose to $70 million. (Note: The main force in the Chinese community is @0x cryptowizard.)
However, because @amplifiedamp's address openly sold tokens continuously and disagreed with the community's opinions, the token price fell to a market value of around 20 million US dollars.
In addition, the author's analysis of on-chain data shows that ACT was clearly a "conspiracy" token at the beginning of its issuance. There are multiple addresses that have never traded any tokens. After buying ACT on the internal market, they sold it for a profit of tens to hundreds of thousands of dollars, and then did nothing. For example, there are the following addresses:
4QkkjUSvf3ZS1FWwb2cf2gwFfCpETCwtvbMStFhUXzPL
AACPFyaZRrUapKhz3C7oJ4Dz98zKkbBMpzauVYVhwkRG
DyY9MErexKC4ywHLWFbxqMG3GRtRkKBf4phbpaN2GyUG
Project 89
The tokens issued by AI developer @whyarethis are different from other AI Meme concept tokens in that @whyarethis is very deeply involved in the development of the tokens, has conducted a lot of external interactions and hosted many Spaces, so the price fluctuations are relatively small.
Art track and secondary KOL transformation: BAN, EYE
At the beginning of its release, BAN was the same as regular Pump tokens, and its price was cut in half after its launch. Then, a user discovered that the BAN dev address belonged to Michael Bouhanna, vice president of Sotheby’s, and the token’s market value once exploded to $7 million.
For unknown reasons, Michael Bouhanna deleted the tweet related to his personal address (the right half of the picture below), causing the token to fall 85% in a short period of time.
After BAN fell below $1 million, a large number of bloggers who were originally in the "secondary trading" track began to call for this token (such as Chang Weixi, etc.), believing that Michael Bouhanna deleted the tweet in order to avoid legal risks and that it did not change the endorsement relationship of the token.
BAN’s market value peaked at $60 million, and its current market value is $26.5 million (as of 8:00 a.m. Beijing time on October 28).
Yesterday, another Dutch digital artist, Jesper (@Jesperish), also issued his token. His works have been exhibited and sold at well-known auction houses such as Christie's and Sotheby's, but the price was not disclosed.
The market value of the token EYE issued by Jesperish peaked at $20 million and is currently $8.4 million. Jesperish said, "(The account) was not stolen, this is an experiment, and (the token) is the only project I created," and he is relatively deeply involved in the promotion of tokens.
