The upcoming year of 2024 is the “Year of the Dragon” in the Chinese lunar calendar. Combined with the recent trend of calligraphy in the cryptocurrency circle, major public chains have also given rise to calligraphy tokens and memecoins related to the symbol of the dragon.
(Previous Summary:
Solana’s memecoin “Silly Dragon $Silly” skyrocketed 60% in a single day, with a market value exceeding 100 million pounds, hinting at the release of NFTs?
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(Background:
Calligraphy craze overwhelms AVAX network: Binance temporarily 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 upcoming Chinese Lunar New Year in 2024 has sparked the rise of memecoins and calligraphy projects related to the concept of the dragon on major public chains, whether it’s Silly Dragon on Solana or DINO on Avalanche.
However, the rise of the dragon concept is not only influenced by Chinese elements, but rather it originated from the West. During Halloween 2023, Anatoly Yakovenko, co-founder of Solana, appeared dressed as “Silly Dragon” at the Amsterdam Solana Breakpoint 2023 meeting. Shortly after Anatoly’s attention, Silly Dragon’s value increased more than 80 times and reached a historical high of 0.13 USDT on December 25.
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 national symbol for Vikings, Celts, and Anglo-Saxons, representing strength and divinity. In the Christian narrative of the Bible, the legend of “St. George and the Dragon” portrays the dragon as a “greedy miser” and a devil. In China, dragons have been worshipped as totems since the Shang and Zhou dynasties. They are the head of all creatures, bring rain and blessings to the earth, and symbolize peace in the world. In the political lineage since the Qin and Han dynasties, the dragon is a symbol of wealth, wisdom, and power in Chinese political theology.
The trend of “trading dragons in the Year of the Dragon” represents a shared cultural meme between the East and the West, beyond the context of the Year of the Dog. In light of this, Foresight News has compiled a list of recent dragon-themed memecoins and calligraphy projects on major mainstream public chains.
Solana Ecosystem
Silly Dragon (SILLY)
Silly Dragon (SILLY) is the most popular memecoin on the Solana public chain, Chinese name “傻龍” (Silly Dragon). It reached a historical high of 0.138 USDT on December 25, breaking through 0.1 USDT again. The current quote is 0.1183 USDT.
Silly Dragon was launched on December 5 and has gained support from Anatoly Yakovenko, the co-founder of Solana, resulting in an 80-fold increase in value in the past half month. Anatoly Yakovenko mentioned Silly Dragon on September 6:
On December 16, Anatoly tweeted about Silly Dragon:
On that day, Silly Dragon surged 26 times to 0.027 USDT.
The total supply of SILLY is 1 billion, with a market value of approximately 118 million US dollars and a 24-hour trading volume of approximately 24.39 million US dollars. There are over 6,000 addresses trading on-chain. Currently, over 13,000 addresses hold SILLY, with the address bitgetzero.sol holding the highest proportion of 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 memecoin on Solana, claiming to be created “for people to get rich”.
DRAGON started trading on December 20 and has increased nearly 100 times. The current quote is 0.0000000000023868 USDT, with a market value of approximately 238,000 US dollars and a 24-hour trading volume of approximately 256,000 US dollars. DRAGON currently has 388 holders, with Raydium holding the highest proportion of 8.13%, followed by an address named “Creator” with a proportion of 5.05%. The address 6qMgPW…v6eF ranks third with a proportion of 3.9%.
Foresight News reminds investors that DRAGON is an early-stage project with a small market value, although it is fully circulated, and there may be significant fluctuations. Investment should be cautious.
LOONG (LOONG)
LOONG (LOONG) is another memecoin on Solana with a total supply of approximately 99.9 million. LOONG started trading on December 19, with the current quote of 0.00010438 USDT, a market value of approximately 10,000 US dollars, and a 24-hour trading volume of 1,380 US dollars.
LOONG currently has 115 holders, with Raydium holding the highest proportion of 26.31%, ranking first, and pru.sol holding the second-highest proportion of 9.4%.
Foresight News reminds investors that LOONG is an early-stage project with a small market value, although it is fully circulated, and there may be significant fluctuations. Investment should be cautious.
Bitcoin Ecosystem
Long
Long is a BRC20 calligraphy token in the Bitcoin ecosystem, created in March, with a total issuance of 21 million. The slogan of Long’s X (formerly 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 of Long on Telegram has 282 members, but there are at least 8 WeChat groups.
On December 14, the highest trading price of Long was 1.01 USDT, and the current quote is 0.47 USDT, with a market value of approximately 10.06 million US dollars and a total of 1,411 holders. The address starting with bc1p06 holds approximately 407,545, accounting for 1.94%, ranking first. The top 8 addresses hold proportions between 1% and 2%.
DRAG
DRAG is also a BRC20 calligraphy token in the Bitcoin ecosystem, created on April 26, 2023. Its community slogan is “Take DRAG to the world, spread the culture of DRAG 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, with a single minting limit of 10,000. The market value is approximately 9.88 million US dollars, and the floor price has risen from 0.00082 USDT to 0.049 USDT. The 24-hour trading volume is approximately 160,000 US dollars, and there are a total of 1,606 holders. The address starting with 3PkQBd ranks first with a holding amount of 6,380,554 and a proportion of 3.04%. There are also 4 addresses with proportions between 2% and 3%.
DADA
DADA is also a BRC20 calligraphy token in the Bitcoin ecosystem, deployed on April 26, 2023. Its community slogan is “龍行龘 (DA) 龘 (DA)” and its goal is to target the bull market of BRC, the dragon concept in 2024, and the 2024 Spring Festival IP.
DADA has a total supply of 21 million and a single minting limit of 1,000. Currently, DADA has a market value of approximately 2.03 million US dollars, and the floor price has risen from 0.03 USDT to 0.096 USDT. The 24-hour trading volume is approximately 72,000 US dollars, and there are a total of 786 holders. The address starting with bc1pev holds the highest proportion of 2.06%, with a holding amount of 433,000, and there are 9 addresses with proportions between 1% and 2%.
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 tokens in their wallets, can earn USDT. Each transaction of DragonKing will add 0.5% to the liquidity pool, and 3% of each transaction will be redistributed to token holders who hold at least 15 billion DragonKing tokens. DragonKing has established the Dragon King DAO Foundation and released a whitepaper.
The maximum supply of DragonKing is 5 trillion, and the total supply is currently 13.27 trillion, fully circulated. The market value is approximately 249,000 US dollars, and the current quote is 0.000000018751 USDT.
Foresight News reminds investors that DragonKing is an early-stage project with a small market value, and there may be significant fluctuations. Investment should be cautious.
Avalanche
DINO
DINO is an ARC20 calligraphy token on Avalanche, claimed to be a Silicon Valley entrepreneurial project that reflects foreigners’ sentiment towards dinosaurs and Jurassic Park.
DINO has a total supply of 2,100,000,000,000,000 and has been fully minted. The single minting limit is 100,000,000. The floor price of DINO is currently 0.8 USDT, with a market value of approximately 16.96 million US dollars.
Currently, there are 41,772 addresses holding DINO on Avalanche, making it the top calligraphy token. Among them, the address starting with 0xc1af holds the highest proportion of 1.2%, with a holding value of 2.5 trillion. Other addresses are all below 0.65% in proportion.
In addition, there are other dragon-themed calligraphy tokens on Avalanche, such as drag, dragon, DRAGON-X, Dragon, LONG2024, long, and longking, but their market values are all zero.
Foresight News reminds investors that calligraphy tokens and memecoins can be highly volatile, and investors should exercise caution in controlling risks. This article does not constitute any investment advice.
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