Deep Picks

Robinhood is trading fruit flies, Solana is trading cats.

As the only innovative narrative currently, the U.S. stock meme玩法 is still ongoing. There isn't much innovation in new creations; it's mainly different narratives competing for attention with their respective targets.


First, let's look at the Robinhood chain.


On September 3, Cell published a paper: a group mapped the entire central nervous system of a male fruit fly from head to tail. It contains 167,000 neurons and 124 million connections, and the map was open-sourced.


So developers ran it as a massive, biologically sourced neural network. The specifics of how it runs are quite technical and hard to understand, but simply put, they connected eyes and hands to this map. As a result, some fruit flies are playing games, while others are trading crypto.


For example, a coin called FLYBRAIN currently has the most traffic. Because Marc Andreessen, co-founder of a16z, followed the project's official Twitter, people are comparing it to GOAT, that AI project from 2024.


FLYBRAIN's base pool trading pair is GOOGL, as Google is also involved in this. However, the pool's liquidity isn't large. After a16z followed it, it surged to $60 million and then fell back to $30 million.


There are also a bunch of other fly-related targets. Basically, the Robinhood chain today is all about flies. With dozens of meme targets in the same base pool, it's hard to choose. Currently, it seems you need KOLs to hype them, or some unique data with a massive pool, as homogenization is quite severe.


Solana is taking a different base pool approach


Over on Solana, it feels like fewer people are paying attention, but it's still quite interesting.


The core revolves around the StonkFun platform. ZCAT has surpassed $100 million, with its base pool being ZEC. So everyone is still playing the "cat + major altcoin" game.


RAYCAT is paired with RAY, LEVERCAT with xSOL, STONKCAT with STONK, and Backpack with BP.


They all use a dividend mechanism because ZCAT takes a 3% cut from each transfer, uses that money to buy ZEC, and distributes it to holders based on their holdings. Backpack distributes BP, and STONKCAT distributes STONK.


For instance, STONKCAT's base pool is STONK. Today, STONK hit a new high, igniting sentiment. Actually, there's another target with a larger market cap in the STONK base pool, KNOTS, with a similar玩法, but with the cat sentiment叠加, everyone has high expectations.

BSC Has No New Tokens

A few days ago, after 4Stock speed-ran Binance Alpha, no particularly new stock meme tokens have emerged. Many new tokens still use BNC4 as their base pool, and it all depends on whether the meme's ticker has any novelty, making it hard to play. What's left is just Niu Lai, a coin that keeps washing back and forth.


Market activity trend Illustrative data
+24.8%

Rising over the past 90 days

ANMREX Research view

The next stage of competition will shift from providing trading access to delivering reliable, understandable, and sustainable digital-asset services. Security and user experience are two expressions of the same product capability.

About this article

Originally published by ANMREX Research. Please credit the author and source when quoting.

For industry research and knowledge sharing only; not investment advice.

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