How to Identify the Next Alpha Memecoin Amidst the Craze for Fundraising Memecoins

Recent Meme craze has swept through the entire cryptocurrency market through crowdfunding, and this article lists the methods to obtain information about new Meme projects, helping you understand how to find the next Meme coin alpha.
(Summary:
Opinion: The Meme Coin frenzy is just the beginning, 5 mainstream narratives will continue the bull market
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(Background:
SLERF surpasses BOME to become the 8th largest Meme coin by market capitalization, how is the SOL fundraising going for compensating victims?
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Table of Contents
Review of popular new Meme coins
SNAP(NAP)
Nostalgia(NOS)
Slerf(SLERF)
Methods to get ahead in Meme projects
Following the success of Meme coin BOME, which had a return on investment of nearly 460 times, the Solana Meme wave is once again underway. The new generation of Meme crowdfunding has become a standard for popular Meme projects in recent times.
Compared to the previous trend of Meme coins, the size and rapid increase in value of this Meme coin has impressed the market and shocked the hardworking crypto projects. “Working hard for years is not as good as a few days with MEME.”
In this round of the market, Meme took advantage of the FOMO sentiment of investors who missed out on the mainstream coin market trend. While the overall market was rising and Bitcoin reached new highs, the native crypto community did not enjoy the same level of capital influx. The emergence of this round of Meme craze allowed this FOMO sentiment to be released, creating the myth of BOME reaching a market capitalization of over 2 billion USD in less than three days and landing on the Binance platform in three days.
On the other hand, the birth and development of this round of Meme also coincides with the development context of asset issuance models in the crypto world. In the past, most Meme tokens were created due to a specific event, a famous person, or a cute pet, and had random attributes. However, the rise of BOME this time has put all the funds raised into the LP pool, reducing the risk of control by Meme coin project teams and creating a fairer token launch experience that aligns with the core values of Web3.
Both factors have pushed this round of Meme market to a climax and further increased the cohesion of the Solana ecosystem community. This has made Solana (SOL) and The Book of Meme (BOME) the hottest tokens on crypto social media last week.
The Book of Meme (BOME)
On March 13th, The Book of Meme (BOME) started crowdfunding and raised over 10,000 SOL in just two days. The project founder, Darkfarm, added all the raised SOL to the LP pool, with an initial price of 0.03496 USDT, which soared to a high of 0.0268 USDT, a nearly 460-fold increase, and reached a market capitalization of over 2 billion USD. Platforms such as Bybit, XT.COM, CoinW, and others have listed BOME, creating the myth of landing on Binance in three days. Currently, BOME is trading at 0.0092 USDT with a market capitalization of 638 million USD.
As the leader of this new Meme wave, The Book of Meme was created by Pepe Meme artist Darkfarm. It is a permanent storage album for Meme and will expand its features with a series of Meme creation functions.
BOME adopts a presale crowdfunding method and injects all the raised funds into the LP pool, enhancing token liquidity and attracting large funds to enter. The project’s revenue is obtained through donations – once the token rises, investors receive generous returns and donate some funds to the founder, which creates a mutually beneficial partnership between the founder and the community.
However, when the token price falls, the future development momentum of the project is uncertain, and we believe we will soon see the answer.
On March 15th, KOL Kero opened a vote on social media asking whether to issue Solana Meme tokens. After the vote passed, it took less than 2 days to raise approximately 54,696 SOL for SNAP, which was worth over 10 million USD at the time. Randomly on March 17th, liquidity pools were built on Raydium and trading was opened for SNAP, with an initial price of 0.04216 USDT, which soared to a high of 0.03153 USDT, a more than 7-fold increase, and reached a market capitalization of nearly 200 million USD. Platforms such as Bitget, XT.COM, CoinW, and Gate.io have listed NAP. Currently, NAP is trading at 0.04162 USDT with a market capitalization of 26.64 million USD.
SNAP is a new Meme project that has been frequently selected by CEX exchanges after BOME, and its popularity remains high. The representative of SNAP, COCO, is an alligator image similar to the PEPE style. However, SNAP’s token issuance is more based on its popularity, and there is no disclosure of subsequent project development plans similar to BOME.
On March 16th, Nostalgia (NOS) started crowdfunding and raised over 16,000 SOL in less than 12 hours, worth over 3 million USD at the time. On March 17th, NOS completed the refund, token airdrop, and token listing.
Project founder Satoshis Mom also added all the raised funds to the LP pool. The initial price was 0.0059 USDT, which soared to a high of 0.0698 USDT, an over 11-fold increase, and reached a market capitalization of nearly 90 million USD. MEXC and BitMart have listed NOS. Currently, NOS is trading at 0.0043 USDT with a market capitalization of 4.23 million USD.
Compared to the previous two projects, Nostalgia (NOS) has relatively lower popularity, but it has a better overseas community atmosphere. Project founder Satoshis Mom has been creating pixel art since early 2021 and has sold over 7,000 NFT artworks to more than 1.1 million collectors on Ethereum. The theme of this Nostalgia is “nostalgia,” and Satoshis Mom has announced plans to launch a Bitcoin ecosystem text project in Discord.
On March 17th, Slerf (SLERF) released a crowdfunding tweet on Twitter, and in just over 13 hours, the fundraising reached its maximum limit, raising over 50,000 SOL.
Subsequently, on March 18th, bad news came out for the Slerf project. The project founder made a mistake and destroyed the airdropped tokens and revoked the minting rights. At the same time, the project founder confessed his mistakes through tweets and a Space session. Unexpectedly, the Slerf project did not die out but instead received a response from the community, with people buying in and causing the token price to increase by over 700% in one hour. At the same time, BOME reached a market capitalization of over 100 million USD in 9 hours, and the token price reached a high of 1.36 USDT, with a market capitalization of nearly 700 million USD. The current price is 0.7578 USDT, with a current market capitalization of 380 million USD.