Written by: TechFlow
In this wave of Meme bull market, the Base ecosystem has been overshadowed by the Solana ecosystem. Therefore, even though Golden Dogs appear frequently, the Memes of the Base ecosystem still seem to be "rising secretly".
In the past two days, a coin called $ANON in the Base ecosystem has been rising all the way just six days after its launch, reaching a maximum market value of 22 million.
Although it cannot compare to the current “one-day clearance” of Solana Memes, at a time when the market’s attention is more focused on the BTC and Solana craze, the increase in $ANON in the Base ecosystem is still worth exploring.
Is $ANON a new value narrative or a new layout of the conspiracy group in Base? TechFlow analyzes the ins and outs of $ANON for you through event sorting.
Supercast and Superanon
The story begins with the creation of Supercast, an application social product based on the Farcaster protocol by Polish developer woj (@wojtekwtf) in October 2024. Supercast is a level-one application layer like Warpcast, the leading social product in the Base ecosystem. Supercast introduced an anonymous posting function called Superanon, which supports users to post anonymously through the SuperAnon account through zk proof technology, but only requires a membership fee of 10U/month.
Apparently, Superanon, an anonymous posting app, is very popular among crypto users (or Farcaster ecosystem users). After only three weeks online, Superanon already has more than 4,300 followers, and many of the most heated discussions about Farcaster are posted anonymously on the Superanon account. The developer Woj himself is also very proud, saying "This is my most successful launch in recent times."
Anonymous users + AI issue coins, could $ANON really be a community coin?
Superanon has been running smoothly since its launch. On November 14, an anonymous user interacted with the AI Agent account @clanker in the Farcaster ecosystem through the Superanon account, successfully issued a $ANON MEME coin, and then airdropped 1% of the tokens to Supercast founder Woj, without Woj's knowledge at the time.
Until Woj woke up and found an extra $25,000 in $ANON in his wallet, he chose to airdrop all the $ANON in his wallet to all the more than 1,000 members who paid to use Supercast. (Woj's original words: "This is cool, but I can't fully support it because any Supercast token will be distributed to its users.")
Woj's very crypto-spirited move was greatly appreciated by the community. In addition, $ANON itself comes with the "zk+anonymity+AI coin issuance" version buff, so the community naturally paid crazy attention to $ANON's sufficiently decentralized narrative. Less than a day after its launch, $ANON's highest market value reached 4.5 million US dollars.
At the same time, the community also supported Woj's encryption spirit with practical actions: $ANON holders in the Farcaster community voluntarily sent 13 million tokens worth more than US$40,000 to developers for redistribution to Supercast users.
The capitalization dispute is coming again?
However, before the capital $ANON was a hot topic, Woj posted on Warpcast the next day that he would change the superanon "?" icon to a cute puppy image, mint it on the Zora platform as an NFT and airdrop it to supercast members. At the same time, this NFT can be converted into lowercase $anon in the form of image-to-coin. But at the same time, he also emphasized a series of "overlapping" statements, such as "it only has collection value at present, and the capital $ANON is purely coincidental."
In other words, Woj, who just used his own self-evangelism to make the capital $ANON famous yesterday, posted a lowercase $anon the next day...
However, this round of "uppercase and lowercase $anon" battle is not as fierce as that between $Neiro and $eliza, or lowercase $anon is no match for uppercase $ANON. As of the time of writing, the market value of uppercase $ANON is close to 20 million US dollars, while the market value of lowercase $anon is still hovering around 300,000 US dollars, but Woj himself loves the image of the lowercase dog.
The "ANON" application layer began to further differentiate
There is both narrative and consensus, but Woj does not seem to be particularly interested in further use cases for $ANON. However, the community has already had new ideas for $ANON.
Twitter user @0xLuo made a classification map for the current "ANON" ecosystem, which intuitively shows the clear context of the current "ANON" project.
Developers have created new applications based on $ANON, including anoncast, an anonymous publishing application similar to superanon but with zk proofs specifically for $ANON Holders, and the art project Base Colors.
anoncast
anoncast inherits the anonymous posting function of superanon, but the difference is that users need to hold a certain amount of capital $ANON in their wallet to use the app, and different functions are unlocked based on different holdings.
The most basic posting function requires 30,000 $ANON tokens (currently priced at about $450). More advanced functions, such as promoting posts to the X/Twitter platform or deleting published posts, require 1 million $ANON tokens (currently priced at about $16,000)
Cryptocurrency giants are also very interested in anoncast. Farcaster co-founder Dan Romero (@dwr) has tweeted and retweeted content about anoncast many times. V God also discussed technical details with anoncast developer @Slokh on Warpcast.
Base Colors
Base Colors is an NFT collection of Internet colors. Each color is unique and can be named by the owner on the blockchain. No two people can have the same color, and no two colors can have the same name.
Developer @0FJAKE said that unique colors can establish the uniqueness of anonymous identities, that is, confirm the attribute of "you are you".
summary
From $Degen to $ANON, the "product coins" that have become popular in the Farcaster ecosystem do seem to be taking a very solid and reliable route - that is, the tokens always revolve around the community and users.
However, along the way, it is inevitable that non-community members will enter for purely speculative purposes, which is not absolutely a bad thing for the token itself. The continued rise in prices will also allow more "outside" users to further understand the project itself, thereby retaining more users who are interested in the community.
The true value of a series of tokens such as $Degen and $ANON does not lie in short-term market value fluctuations, but in whether they can build a self-organizing and self-evolving ecosystem. This ecosystem can continuously adapt to user needs and continue to evolve under the promotion of the community, and ultimately achieve the transformation from a pure meme hype attribute to a practical pass.
