Mainstream Public Chains Riding the Meme Wave: Lunar New Year "Year of the Dragon" Hype盘点
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Mainstream Public Chains Riding the Meme Wave: Lunar New Year "Year of the Dragon" Hype盘点
Jia Chen Year, the Wealth Treasury Year. With the Azure Dragon guarding wealth, encountering one treasury brings ten years of prosperity.
Navigating Web3 tides with focused insightsBy Peng SUN, Foresight News
The year of Jia Chen corresponds to the heavenly stem "Jia" and earthly branch "Chen," associated with the Wood element in the Five Elements system. "Chen" represents the Dragon. Capable of storing water and accumulating earth, it harbors the vitality of Yi Wood, the nourishment of Gui Water, and the stability of Wu Earth. For those born under Wu and Ji, the Year of the Dragon is a treasure year—guarded by the Azure Dragon. As an old saying goes, “Encounter one treasury, enjoy ten years of wealth.”
Recall the 2022 Spring Festival Gala, when Shen Teng repeatedly mentioned “DogKing in the Metaverse” in the skit “Will You Pay or Not?” Subsequently, the cryptocurrency DogeKing surged 5,000-fold over two nights. With the arrival of the 2024 Lunar New Year, “Dragon”-themed Memecoins and inscription projects are gaining momentum across major public blockchains—whether Silly Dragon on Solana or DINO on Avalanche, their popularity remains undiminished.
However, the rise of the “Dragon” concept is not solely due to Chinese cultural influence—in fact, it originated in the West. During Halloween 2023, Solana co-founder Anatoly Yakovenko appeared at the Amsterdam Solana Breakpoint 2023 meetup dressed as a “Silly Dragon.” Shortly after, “Silly Dragon” launched on Solana. After gaining attention from Anatoly, the token surged over 80x, breaking 0.13 USDT today and reaching an all-time high.
In Western culture, dragons appear in ancient Greek, Babylonian, Christian, Norse mythology, Celtic traditions, and Anglo-Saxon legends. They symbolize strength and divinity for Vikings, Celts, and Anglo-Saxons. In Christian biblical narratives, the legend of “Saint George and the Dragon” portrays the dragon as a hoarder and the embodiment of evil. In China, dragons have been worshipped as totems since the Shang and Zhou dynasties—the sovereign of all creatures, bringing gentle rains and blessings to the land, symbolizing peace and prosperity. From the Qin and Han dynasties onward, the dragon became a political-religious symbol representing wealth, wisdom, and power.
“Investing in Dragons during the Dragon Year” has become a shared cultural meme between East and West, beyond just dog-themed tokens. With this in mind, Foresight News compiles recent “Dragon”-themed Memecoins and inscription projects across major public blockchains for our readers.
* Given the high volatility of inscriptions and Memecoins, Foresight News reminds investors to remain rational, manage risks carefully, and notes that this article does not constitute investment advice.
Solana
Silly Dragon (SILLY)
Silly Dragon (SILLY) is the most talked-about memecoin on Solana recently, also known as “Sha Long” in Chinese. It has once again broken 0.1 USDT, reaching a new high of 0.138 USDT, with current market quotes around 0.1183 USDT.
Launched on December 5, Silly Dragon gained support from Solana co-founder Anatoly Yakovenko, surging over 80x in the past half month. On September 6, Anatoly first mentioned Silly Dragon:
On December 16, Anatoly publicly endorsed the project on Twitter: “We really need the ‘Silly Dragon’ meme.” That day, the token surged 26x to 0.027 USDT.
SILLY has a total supply of 1 billion tokens, with a market cap of approximately $118 million and a 24-hour trading volume of about $24.39 million. Over 6,000 addresses have traded on-chain. Currently, more than 13,000 addresses hold SILLY, with bitgetzero.sol holding 6.78%, ranking first. The address HRgsV5...zhjg holds 5.77%, ranking second; 12eC4Ew...KgkW holds 2.19%, ranking third.
DragonCoin (DRAGON)
DragonCoin (DRAGON) is a memecoin on Solana, claiming “DragonCoin was created to make people rich.”
DRAGON began trading on December 20, surging nearly 100x. It is currently quoted at 0.0000000000023868 USDT, with a market cap of approximately $238,000 and a 24-hour trading volume of about $256,000. DRAGON has 388 holders, with Raydium holding the largest share at 8.13%. An address labeled “Creator” ranks second with 5.05%, and 6qMgPW...v6eF ranks third with 3.9%.
Foresight News reminds investors that DRAGON is an extremely early-stage project. Although fully liquid, its small market cap may lead to extreme volatility—invest with caution.
LOONG (LOONG)
LOONG (LOONG) is a memecoin on Solana with a total supply of approximately 99.9 million. Trading began on December 19, with a current price of 0.00010438 USDT, a market cap of about $10,000, and a 24-hour trading volume of $1,380.
LOONG has 115 holders. The Raydium address holds 26.31%, ranking first; pru.sol holds 9.4%, ranking second.
Foresight News reminds investors that LOONG is an extremely early-stage project. Despite full liquidity, its very small market cap may result in extreme volatility—invest with caution.
Bitcoin
Long
Long is a BRC20 inscription on Bitcoin, created in March, with a total issuance of 21 million and a per-mint limit of 1,000.
Long’s Twitter slogan is “Long Bitcoin, Short the World,” promoting “Buy $Long in the 2024 Dragon Year for good luck, aim for a soaring dragon.” The Long global Chinese-speaking Telegram community has 282 members, while there are already at least eight WeChat groups.
On December 14, Long reached a high of 1.01 USDT, now quoted at 0.47 USDT, with a market cap of approximately $10.06 million and 1,411 holders. The bc1p06... address holds about 407,545, accounting for 1.94%, ranking first. The top eight addresses each hold between 1% and 2%.
DRAG
DRAG is a BRC20 inscription on Bitcoin, created on April 26, 2023. Its community slogan is “Let DRAG go global, let DRAG spread the Dragon culture to every corner of the world,” claiming to “gather industry OGs and well-known capital.”
DRAG has a total supply of 210 million, with a per-mint limit of 10,000. Its market cap is approximately $9.88 million, with the floor price rising from 0.00082 USDT to 0.049 USDT. The 24-hour trading volume is about $160,000, with 1,606 holders. The 3PkQBd... address holds 6,380,554 tokens (3.04%), ranking first. Four other addresses each hold between 2% and 3%.
DADA
DADA is a BRC20 inscription on Bitcoin, deployed on April 26, 2023. Its slogan is “The Dragon walks Da Da (DA) Da Da (DA),” aiming for a bull market in BRC, the 2024 Dragon Year theme, and alignment with the 2024 Spring Festival Gala IP.
DADA has a total supply of 21 million, with a per-mint limit of 1,000. Its current market cap is approximately $2.03 million, with the floor price rising from 0.03 USDT to 0.096 USDT. The 24-hour trading volume is about $72,000, with 786 holders. The bc1pev... address holds the highest share at 2.06% (433,000 tokens), with nine other addresses holding between 1% and 2%.
BNB Chain
DragonKing
DragonKing is a BEP-20 community token on BNB Chain using a deflationary model. Holders who keep DragonKing tokens in their wallets and own over 15 billion earn USDT rewards. 0.5% of each transaction is added to the liquidity pool, and 3% is redistributed to holders owning at least 15 billion tokens. DragonKing has established the Dragon King DAO Foundation and released a whitepaper.
DragonKing has a maximum supply of 5T, with a current total supply of 13.27T—all fully circulating. Its market cap is approximately $249,000, currently priced at 0.000000018751 USDT.
Foresight News reminds investors that DragonKing is an extremely early-stage project. Despite full circulation, its small market cap may cause significant volatility—invest with caution.
Avalanche
DINO
DINO is an ARC20 inscription on Avalanche, reportedly a Silicon Valley startup project reflecting Western nostalgia for Jurassic Park and dinosaurs.
DINO has a total supply of 2,100,000,000,000,000, fully minted, with a per-mint limit of 100,000,000. Its current floor price is 0.8 USDT, market cap approximately $16.96 million, 24-hour trading volume around 8,195, and 24-hour sales volume at 939.
Currently, 41,772 addresses hold DINO, making it the top inscription on Avalanche. The 0xc1af... address holds 1.2% (worth 2.5T), while all others hold 0.65% or less.
Besides DINO, other “Dragon”-related inscriptions on Avalanche include drag, dragon, DRAGON-X, Dragon.., LONG2024, long, and longking—but all have zero market value.
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