Ethereum's "Hundred Dogs Barking" Returns: Can HANA be the Successor to SHIB?Among them, HANA has gained significant attention with its identity as the "SHIB prototype dog." Rumor has it that HANA is the name of SHIBAInu's prototype pet
Ethereum's "Hundred Dogs Barking" Returns: Can HANA be the Successor to SHIB?
Following the listing of Neiro on Binance, both for futures and spot trading, many "chain market makers" and meme players sensed a new market opportunity. A slew of dog meme tokens, including MOODENG, TERMINUS, and EDOGE, have experienced tenfold or even hundredfold surges, riding the wave of this traffic. With the meme market momentum continuing to grow, Ethereum has once again opened up a production line for dog memes, replaying the classic scene of Hundred Dogs Barking.
Among them, HANA has gained significant attention with its identity as the "SHIB prototype dog." Rumor has it that HANA is the name of SHIBAInu's prototype pet. $SHIB, as a classic dog meme, now boasts a market cap exceeding \$8 billion. Many KOLs call it the "successor to SHIB", believing that HANA has the potential to follow in SHIB's footsteps and recreate its glory.
@Mirro7777 posted on X that the $HANA token originated from a "conspiracy group," learning from the previous failure of DOGGO's manipulation. Some insider addresses remain within the market. Data shows that HANA's peak market cap reached \$7.3M, currently standing at \$3.5M, with a 24-hour trading volume of \$16.3M. The highest profit for buying in the early morning (GMT+8) today reaches 2689%, with the current profit still at 1130%.
Besides HANA, ESTEE and ESTI share similar concepts, with their peak market caps nearing \$4 million and \$1.5 million respectively.
Another notable dog meme token attracting market attention is $GOU. According to community members, $GOU was jointly created by whales from the Neiro community and overseas KOLs. The token ticker is the Chinese Pinyin for "dog." Unlike other dog memes, $GOU's Twitter account operation appears more "professional" and "high-end," hosting multiple Twitter Spaces in the past few days, attracting the attention of many community members. The token reached a peak market cap of \$19M, currently at \$13.3M, with a 24-hour trading volume of \$4.4M. The highest profit for buying in the early morning (GMT+8) today reaches 224%, with the current profit still at 128%.
$EDOGE's inspiration comes from an astronaut dog featured on the Ethereum official website (ethereum.org). This dog frequently appears on various pages of the website and is thus considered the "official mascot" of Ethereum. However, @0xBit90536646 pointed out on Twitter that the $EDOGE token contains several backdoors in its code: limitations on sell quantity, maximum transaction amount, adjustable maximum holdings and trading tax, and the ability to set whitelists and blacklists. This has raised concerns among community members. Nevertheless, $EDOGE's peak market cap exceeded \$11M, with its current market cap at \$8.3M and a 24-hour trading volume of \$6.6M. The highest profit for buying in the early morning (GMT+8) today reaches 94%, with the current profit still at 57%.
DOGGO is a story about founder dumping." On September 20th, dog coin founder ShibetoshiNakamoto (@BillyM2k) posted a video of a silly dog on X, along with the caption: "whathappenedtopoordoggo?" Subsequently, the team issued the $DOGGO token and allocated 6.56% of it to Shibetoshi. Unexpectedly, Shibetoshi sold off all his $DOGGO holdings, causing the token to plummet the next day. Despite a peak market cap of \$32M, its current market cap is only \$11.7M, with a 24-hour trading volume of \$8.5M. The highest profit for buying in the early morning (GMT+8) today was only 22%, and the current profit has experienced a loss of -27%.
CHEEMSCheems is a Shiba Inu with his own mocking buff. His expressive face has become a meme in many online communities. Cheems' popularity can be traced back to September 4th, 2017, when a photo of him was posted online by his family, and he quickly became a popular internet figure. He is known for his love of cheeseburgers (Cheemshamburg). Cheems real name is Balltze, nicknamed "SpongeBob," and on August 19th, 2023, his owner announced his passing, leaving many fans saddened. $CHEEMS token reached a peak market cap of \$8.32M, currently at \$2.6M, with a 24-hour trading volume of \$3.3M. The highest profit for buying in the early morning (GMT+8) today was 56%, but the current profit has experienced a loss of -15%.
The explosion of dog memes on Ethereum, the Hundred Dogs Barking, has presented investors with opportunities, but also significant risks. While chasing profits, investors need to analyze rationally and avoid getting reaped.
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
