Robinhood is Trading Fruit Flies, Solana is Trading Cats

As the only innovative narrative at the moment, the meme play in the U.S. stock market continues, but there isn't much new innovation; it's mainly different narratives competing for attention.

First, let's look at the Robinhood chain.

On September 3, a paper was published in Cell: a group of people mapped out the central nervous system of a male fruit fly from start to finish. It contains 166,700 neurons and 124 million connections, and this map has been open-sourced.

Developers have treated it as a massive, biologically sourced neural network. The specifics of how it operates are quite technical and hard to grasp, but simply put, they connected this map to eyes and hands. As a result, some fruit flies are playing games, while others are trading cryptocurrencies.

For example, there is a coin called FLYBRAIN, which currently has the highest traffic. This is because Marc Andreessen, co-founder of a16z, followed the project's official Twitter account, leading people to compare it to GOAT, the AI project from 2024.

The trading pair for FLYBRAIN is GOOGL, as Google is also involved in this matter. However, the liquidity of the pool is not very high. After a16z's attention, it surged to 60 million, but then returned to 30 million.

There are also a bunch of other fly-related assets; basically, the Robinhood chain today is themed around flies. Choosing among dozens of meme assets in the same pool is quite challenging; currently, it seems that a KOL shout-out is necessary, or there are some unique data points with a significantly large pool, but the homogeneity is quite severe.

Solana is Following Another Pool

On the Solana side, it seems that there aren't as many people paying attention, but it's still quite interesting.

The core is still centered around the StonkFun platform, with ZCAT exceeding 100 million, and the pool being ZEC. So everyone is still playing with "cats + major altcoins."

RAYCAT is linked to RAY, LEVERCAT is linked to xSOL, STONKCAT is linked to STONK, and the backpack is linked to BP.

They all operate on a dividend mechanism, as ZCAT takes a 3% fee from each transaction, which is used to buy ZEC and distributed to holders based on their holdings. The backpack will distribute BP, and STONKCAT will distribute STONK.

For instance, STONKCAT has STONK as its pool, and today STONK hit a new high, igniting excitement. In fact, there is another asset in the STONK pool with a larger market cap, KNOTS, which has a similar playstyle, but the cat sentiment adds an extra layer of expectation.

BSC Has No New Assets

A few days ago, after 4Stock quickly accessed Binance Alpha, there haven't been many new meme stocks emerging. Many new assets are still based on BNC4, and it all depends on what new ideas the meme tickers bring, making it hard to predict. The rest is just the coin "Niu Lai" being traded back and forth.

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