Will the recently popular Wukong be the next meme coin myth?
Recently, Meme coins on the Solana chain have once again become popular.
Moodeng (Pygmy Hippopotamus) has seen its stock price increase by more than 28,000 times in just half a month since its creation.
GOAT, which was created 6 days ago, increased by more than 1,000 times and reached a market value of 300 million US dollars. A user bought 727 US dollars and eventually made 2.44 million US dollars, with a return rate of 3,176 times.
KOL madman Murad claims that the performance of Meme Coin will surpass everything in this cycle.
Where will the next Meme coin’s wealth code come from? Wukong on the Solana chain caught my attention.
Recently, the Wukong Telegram game has been frequently forwarded in many communities where I work. Currently, the number of users of the game has exceeded 50,000, and the number of members in the Telegram group has reached more than 23,000, and is still growing rapidly. Many KOLs on Twitter have also launched Wukong NFT whitelist draws, attracting a large number of users to participate.
Although it has not yet been launched, Wukong has become the focus of the Solana chain with its amazing user growth rate and is gaining momentum.
The Wukong project claims to become the NFT and Meme coin with the highest market value in the East.
WuKong NFT will officially start Mint at 20:00 on October 23rd, Beijing time. The project team clearly stated that their goal is to benchmark the top NFT project Boring Ape, which has a floor price of up to 13 ETH. After the NFT Mint is completed, WuKongs Meme coin will start airdrops and mining activities one after another.
Those who hold WuKong NFT will receive a large number of WuKong token airdrops and can participate in WuKong token mining activities.
Currently, Wukong has launched a large-scale airdrop event on the Solana chain, which is estimated to cover more than 1 million addresses, including Solana Meme coins, Solana NFT, Solana mobile phones, Raydium active users, BTC ecology, wukongx golden shovel users, Wukong NFT and other ecological projects. If your wallet holds relevant assets, you can now go to the project’s official website to claim the airdrop.
Previously, Wukong also attracted over 310,000 addresses to participate through the “zero-transfer airdrop”.
Now follow the author’s steps and dig deeper into whether Solana Wukong can become the next 10,000-fold Meme coin.
Wukong — NFT and Meme Coin of the East
Most of the NFTs and Meme coins that have become popular in the past came from the West. Eastern culture, especially Chinese culture, is conspicuously absent in the Web3 craze.
Asia has a population of 4.6 billion, accounting for 57.8% of the worlds total population. However, the West, with its economic strength and talent advantages, has firmly grasped the discourse power of Web3.
Therefore, Solana Chain Wukong is positioned to awaken the power of the East, reshape cultural confidence, and create an NFT and Meme coin with a super high market value to compete with the Western Web3 world.
In recent years, governments in Asia have been calling for the development of Web3, and Web3 has developed rapidly under the impetus of a number of favorable government policies and large institutions.
South Koreans’ enthusiasm for cryptocurrencies has even coined the term “Kimchi premium,” with one in five people speculating in cryptocurrencies.
The Japanese government is also actively promoting the Web3 industry. The regulatory requirements for virtual assets are gradually relaxed, and local governments are also actively adopting Web3 technologies such as NFT and DAO.
India has the largest community of blockchain developers after the United States, with about 13.2 million developers.
The huge number of Web3 users in the East needs a Meme coin to carry a well-known big IP. With the right time, right place and right people, the East should have its own Meme coin representative project.
Meme coin = culture + consensus + fun
Looking at all the major Eastern IPs, no image can surpass the influence of Wukong.
Strong team background: Nintendo artist, former Binance employee
According to information on the official website and Twitter, the Wukong team has more than 10 members and has successfully created many well-known NFT and Meme coin projects. Its background and strength far exceed most Meme coin teams.
Including former Nintendo designer Emily 99, the creator of Wukong NFT, who has participated in the character illustrations of many games at Nintendo.
Jessica.eth: worked at Binance for a year and a half and is currently responsible for Wukong’s marketing. She focuses on creative digital marketing campaigns that resonate with the target audience.
Alex Johnson: An early OG in the Solana ecosystem, he has participated in the marketing and construction of multiple Solana Meme coins.
David Brown: CTO of Wukong, with extensive experience in smart contract programming. He has expertise in Rust language and decentralized applications.
In addition, according to the project’s Twitter account, the team has a designer team of more than 5 people. From the design and interaction of each interface on the official website, one can feel the team’s meticulous work and their solid foundation in art design.
Solanas massive airdrop is underway to reach 1 million users
According to the project’s Twitter account, Wukong is conducting a “large-scale airdrop campaign on Solana, expected to cover tens of millions of users, involving Solana Meme coins, Solana NFTs, Solana phones, Raydium active users, BTC ecosystem, and Wukongx community.” This airdrop is expected to make Wukong one of the projects with the most coin holders on the Solana chain.
The airdrop is currently in progress. Those who hold corresponding assets can go to the Wukong official website to receive the token airdrop.
Even before the token was launched, Wukong already had 310,000 addresses holding coins through the “zero-transfer airdrop”. Combined with this large-scale airdrop, it is estimated that Wukong’s coin holders account for more than 99% of Solana Meme coins. The currently popular GOAT, although its market value has exceeded 300 million US dollars and has increased by 1,000 times, has only more than 18,000 holders.
The number of KOL ambassadors exceeded 1,000, the zero-transfer activity exceeded 200,000 addresses, and the number of Telegram mini-game users exceeded 50,000
On October 12, Wukong launched the Global KOL Ambassador Program, which attracted more than 1,000 KOLs to participate in the whitelist lottery in just a few days. On October 16, Wukong released an exclusive Telegram mini-game, where users can earn token rewards and whitelist qualifications by playing the game.
In the multiple Web3 Telegram groups, WeChat groups and even Discord groups that I have joined, I have seen a large number of groups sharing their Wukong mini-game invitation links. Currently, the number of users of this game has exceeded 50,000.
On October 18, Wukong launched a zero-transfer airdrop event on the Solana chain. Within 48 hours of its launch, the number of addresses participating in the transfer reached 316,160, and each participant received an airdrop reward of 288 tokens.
The Wukong team has discovered that there are more than 100,000 Sybil addresses and will adopt an anti-Sybil solution to ensure that airdrops can be distributed to real players.
Currently, Wukong’s Telegram community has reached 23,215 members, and has become a highly active project on the Solana chain in recent times.
The rapid development of the Wukong project in a short period of time is inseparable from the strong resources and channel support behind it. On October 12, Wukong announced that it would join the Golden Shovel Program of Fractal Bitcoin inscription wukongx, which brought a lot of traffic and wide exposure to the project.
Benchmarking Bored Ape, New Ways to Play with NFT Meme
The total number of Wukong NFTs is 10,000, and Mint will start at 20:00 on October 23, 2024, Beijing time.
Led by former Nintendo designer Emily 99, more than five top artists jointly created the project. According to community OG estimates, the current MINT price is estimated to be within 0.7 SOL. The current floor prices of high-quality NFT DeGods and SMB Gen 2 on SOL are around 18 SOL. If Wukong NFT is issued at a price of less than 0.7 SOL, there is still a lot of room for appreciation for users.
Wukong NFT occupies a blank market in the East, and in addition to its own value, it can also capture the value of the token.
The current Meme coins all start to build a community after a round of PvP, but Wukong first builds a community through NFT, and then obtains token airdrops and participates in token mining by holding NFT.
At present, the specific details of the Wukong token have not been fully disclosed, but according to the official Twitter message, the token will be airdropped for free to users of multiple ecological projects, including Wukong NFT holders, Solana Meme coin holders, Solana NFT holders, Solana mobile phone users, Raydium active users, BTC ecological community members, Wukongx gold shovel mining users, Wukong whitelist holders, users participating in Wukong Telegram mini-game mining, and users participating in zero-turn airdrops.
Whether Wukong token can take over from Western Meme coins and become the next PEPE that will skyrocket 10,000 times is worth waiting and seeing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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