In the dynamic world of cryptocurrency, new trends can emerge unexpectedly. Recently, the “Mars Tide” meme coin phenomenon has captured the attention of investors, with TERMINUS at the forefront.

The Buzz Around TERMINUS

Last Saturday, the meme coin project TERMINUS, dubbed “the first city on Mars” as envisioned by Elon Musk, gained traction after endorsements from notable crypto influencers, including Chinese KOL and SHIB community figure Li Ping. Following its community takeover (CTO), TERMINUS quickly became a focal point in the market.

Current Statistics:

• Token Price: Approximately $0.27 (with a peak above $0.33 and recently reported at $0.37).
• Market Value: $27 million
• 24-Hour Trading Volume: $10.5 million
• Token Holding Addresses: Over 3,300

Insights into Other “Mars” Meme Coins

1. TERMINUS:

• Token Contract: 0xcbde0453d4e7d748077c1b0ac2216c011dd2f406
• Project Origin: Named after Musk’s vision for human habitation on Mars, it aims to become a prominent player in the meme coin space.

1. Neiro/NEIRO:

• Token Price: Around $0.0000021
• Market Value: $673,000
• 24-Hour Volume: $932,000
• Note: Initially received attention but has seen significant declines.

1. THOG (The Heart of Gold):

• Token Price: Approximately $0.00064
• Project Value: $673,000
• 24-Hour Volume: $807,000
• Background: Inspired by a spaceship in Douglas Adams’ series, it had minimal growth prior to the “Mars boom.”

1. MARS:

• Token Price: $0.0000012 (high point was around $0.000004)
• Market Value: $508,000
• Note: Newly launched with low following but high initial trading volume.

1. BAR:

• Token Price: $0.0005 (with a peak of $0.003)
• Market Value: $515,000
• Background: Initially rumored to be linked with a prominent crypto influencer, but lost value significantly after false reports.

Conclusion: The Nature of Meme Coins

Meme coins represent the “crystallization of emotions” within the crypto market. As demonstrated by the Mars wave, the key to sustaining momentum lies in continuous emotional engagement and liquidity infusion. Currently, many projects have seen a decline after short-lived hype, reaffirming the notion that meme coins thrive on market sentiment.

Investors should tread cautiously, as meme coin values can fluctuate dramatically, and the inherent risks are considerable. Each project’s future remains uncertain, hinging on further developments and market dynamics.

 

Original title: “The “Mars Tide” Meme Coin is coming, TERMINUS ranks first”

Original author: Wenser, Odaily Planet Daily

 

 

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