The upcoming year 2024 is the “Year of the Dragon” in the Chinese lunar calendar. With the recent frenzy of calligraphy in the cryptocurrency market and the rise of meme coins, major public chains have also given birth to token projects and meme coins related to the symbol of the dragon.
(Summary:
Solana’s meme coin “Silly Dragon (SILLY)” surged 60% in a single day, surpassing a market value of 100 million, hinting at the release of NFTs.
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(Background:
Calligraphy craze overwhelms AVAX network: Binance suspends deposits and withdrawals, Avalanche official wallet disconnects, is ASC-20 project DINO causing trouble?
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Table of Contents:
Solana Ecosystem
Silly Dragon (SILLY)
DragonCoin (DRAGON)
LOONG (LOONG)
Bitcoin Ecosystem
Long
DRAG
DADA
BNB Chain
DragonKing
Avalanche
DINO
The concept of “dragons” in meme coins and calligraphy projects has emerged on major public chains as the Chinese New Year of the dragon approaches in 2024. Whether it’s Silly Dragon on Solana or DINO on Avalanche.
However, the rise of the dragon concept is not just influenced by Chinese elements; on the contrary, it originated from the West. During Halloween 2023, Anatoly Yakovenko, co-founder of Solana, appeared in a “Silly Dragon” costume at the Solana Breakpoint 2023 meeting in Amsterdam. Shortly after, “Silly Dragon” went online on Solana.
After catching Anatoly’s attention, Silly Dragon’s price increased more than 80 times and reached a historic high of 0.13 USDT on December 25th.
In the Western world, dragons exist in ancient Greek, Babylonian, Christian, Norse mythology, and Celtic culture, as well as Anglo-Saxon legends. It is a symbol of power and sacredness for Vikings, Celts, and Anglo-Saxons. In the Christian narrative of the Bible, the legend of “St. George and the Dragon” portrays the dragon as a “hoarder” and a devil. In China, dragons have been worshipped as a totem since the Shang and Zhou dynasties. They are the leaders of all beasts, bringing rain and blessings to the earth, symbolizing peace. In the political hierarchy since the Qin and Han dynasties, the dragon has been a symbol of wealth, wisdom, and power in Chinese politics.
“Trading dragons in the Year of the Dragon” is a cultural meme shared by both the East and the West. In view of this, Foresight News has compiled the recent “dragon” concept meme coins and calligraphy projects on major mainstream public chains.
Solana Ecosystem
Silly Dragon (SILLY)
Silly Dragon (SILLY) is the most eye-catching meme coin on the Solana public chain. It broke through 0.1 USDT again yesterday (25th) and reached 0.138 USDT, a historic high. The current quoted price is 0.1183 USDT.
Silly Dragon went online on December 5th and has gained support from Anatoly Yakovenko, co-founder of Solana. Its price has increased more than 80 times in the past half month. Anatoly Yakovenko mentioned Silly Dragon on September 6th:
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On December 16th, Anatoly tweeted about Silly Dragon:
On that day, Silly Dragon surged 26 times to 0.027 USDT.
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The total supply of SILLY is 1 billion, with a market value of approximately 118 million USD and a 24-hour trading volume of approximately 24.39 million USD. There are over 6,000 addresses trading on the chain. Currently, over 13,000 addresses hold SILLY, with the address “bitgetzero.sol” holding the highest proportion at 6.78%, ranking first. The address “HRgsV5…zhjg” ranks second with a holding proportion of 5.77%. The address “12eC4Ew…KgkW” ranks third with a holding proportion of 2.19%.
DragonCoin (DRAGON)
DragonCoin (DRAGON) is a meme coin on Solana that claims to be “created for people to get rich”.
DRAGON started trading on December 20th and has increased nearly 100 times. The current quoted price is 0.0000000000023868 USDT, with a market value of approximately 238,000 USD and a 24-hour trading volume of approximately 256,000 USD. DRAGON currently has 388 holders, with Raydium holding the highest proportion at 8.13%, followed by the address named “Creator” at 5.05%. The address “6qMgPW…v6eF” ranks third with a holding proportion of 3.9%.
Foresight News reminds investors that DRAGON is a particularly early project. Although it is fully circulated, its market value is small, and there may be drastic fluctuations. Investment should be cautious.
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LOONG (LOONG)
LOONG (LOONG) is another meme coin on Solana with a total supply of approximately 99.9 million. LOONG started trading on December 19th, with the current quoted price at 0.00010438 USDT and a market value of approximately 10,000 USD. The 24-hour trading volume is 1,380 USD.
LOONG currently has 115 holders, with Raydium holding the highest proportion at 26.31%, ranking first. The address “pru.sol” ranks second with a holding proportion of 9.4%.
Foresight News reminds investors that LOONG is a particularly early project. Although it is fully circulated, its market value is very small, and there may be drastic fluctuations. Investment should be cautious.
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Bitcoin Ecosystem
Long
Long is a BRC20 calligraphy in the Bitcoin ecosystem, created in March, with a total issuance of 21 million coins and a maximum single minting limit of 1,000.
Long’s slogan on Twitter is “Long Bitcoin, Short the World” and “Buy $Long in the Year of the Dragon 2024 for good luck and a soaring dragon in the sky.” The global Chinese community on Telegram has 282 members, and there are at least 8 WeChat groups.
On December 14th, Long reached a peak trading price of 1.01 USDT. It is currently quoted at 0.47 USDT, with a market value of approximately 10.06 million USD and a total of 1,411 holders. The address starting with “bc1p06” holds approximately 407,545, accounting for 1.94% and ranking first. The holdings of the top 8 addresses are between 1% and 2%.
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DRAG
DRAG is also a BRC20 calligraphy in the Bitcoin ecosystem, created on April 26, 2023. Its community slogan is “Let DRAG go global and spread the dragon culture to every corner of the world” and claims to have gathered industry OGs and well-known capital.
DRAG has a total supply of 210 million coins and a maximum single minting limit of 10,000 coins. Its market value is approximately 9.88 million USD, and the floor price has risen from 0.00082 USDT to 0.049 USDT. The 24-hour trading volume is approximately 160,000 USD, and there are a total of 1,606 holders. The address starting with “3PkQBd” holds the highest proportion, with a holding quantity of 6,380,554 and a proportion of 3.04%, ranking first. There are also 4 addresses with holding proportions between 2% and 3%.
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DADA
DADA is also a Bitcoin BRC20 calligraphy deployed on April 26, 2023. Its community slogan is “龍行龘 (DA) 龘 (DA)” and its goals are focused on the bull market of BRC, the dragon concept in 2024, and the 2024 Spring Festival IP.
DADA has a total supply of 21 million coins and a maximum single minting limit of 1,000. Currently, DADA has a market value of approximately 2.03 million USD, and the floor price has risen from 0.03 USDT to 0.096 USDT. The 24-hour trading volume is approximately 72,000 USD, and there are a total of 786 holders. The address starting with “bc1pev” holds the highest proportion at 2.06%, with a holding quantity of 433,000. There are also 9 addresses with holding proportions between 1% and 2%.
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BNB Chain
DragonKing
DragonKing is a BEP-20 community token on the BNB Chain, adopting a deflationary model. Holders of DragonKing, who hold more than 15 billion coins in their wallets, can earn USDT. 0.5% of each DragonKing transaction will be added to the liquidity pool, and 3% of each transaction will be redistributed to token holders who hold at least 15 billion DragonKing coins. DragonKing has established the Dragon King DAO Foundation and has published a white paper.
DragonKing has a maximum supply of 5 trillion and a total supply of 13.27 trillion, all of which have been circulated. Its market value is approximately 249,000 USD, and the current quoted price is 0.000000018751 USDT.
Foresight News reminds investors that DragonKing is a particularly early project. Although it is fully circulated, its market value is very small, and there may be drastic fluctuations. Investment should be cautious.
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Avalanche
DINO
DINO is an ARC20 calligraphy on Avalanche and claims to be a Silicon Valley entrepreneurial project that reflects foreigners’ nostalgia for dinosaurs and Jurassic Park.
DINO has a total supply of 2,100,000,000,000,000 and has been fully minted. The maximum single minting limit is 100,000,000. The floor price for DINO is currently 0.8 USDT, with a market value of approximately 16.96 million USD.
Currently, there are 41,772 addresses holding DINO on Avalanche, ranking first among calligraphies. Among them, the address starting with “0xc1af” holds the highest proportion at 1.2%, with a holding value of 2.5 trillion. The remaining addresses are all below 0.65%.
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In addition, there are “dragon”, “DRAGON-X”, “Dragon”, “LONG2024”, “long”, “longking”, and other “dragon” concept calligraphies on Avalanche, but their market values are all 0.
Dynamite Zone reminds investors that calligraphies and meme coin prices fluctuate dramatically, so investors should pay attention to risk control. This article does not constitute any investment advice.