Blockchain KOLs' Pets Turned Memes: A Continued Trend

The Current Trend Explained

In the ever-evolving world of memes and cryptocurrencies, a peculiar trend has taken center stage – the memeification and tokenization of founders, co-founders, and key opinion leaders' (KOLs) pets.

Memecoins have come a long way, from random avatars to characters from films, but this trend has added a whole new dimension to the meme coin universe.

This trend may not be breaking any new ground, but for some inexplicable reason (perhaps it's the mystical lore of memes at play), it's as if the universe has decided, 'Hey, why not stir up some buzz around this quirky phenomenon right now?'

With that being said, seems like a prime time to explore 6 notable projects of pets-turned-memecoins.

# 1: TOSHI and MOCHI on Base

First up, we have Toshi and Mochi, the beloved feline companions of Base Chain's founder.

When Base Chain made its debut, it created a unique opportunity for memecoin developers. Both Brian Armstrong's cherished cats, Toshi and Mochi, became the stars of their own memecoins, sparking a decentralized race for meme coin supremacy among these two feline celebs.

After the initial hype settled down, these tokens retraced and consolidated for over a month. But those who recognized the first-mover advantage in this space knew that, with the increasing mass adoption in the run-up to the bull market, they would likely regain momentum, especially if this bizarre trend of founders memecoins continues.

Well guess what? They did!

Today, both $TOSHI and $MOCHI are riding high on the wave of continued growth, especially as Base's Total Value Locked (TVL) continues to soar. So, if you thought meme coins were all about dogs, think again. Cats are taking center stage now!

# 2: WOLF on Avalanche

Now, let's talk about $WOLF. This isn't exactly a pet of Avalanche's founders, but it has earned its spot within this trend thanks to some intriguing interactions from Avalanche's founder.

Designed by @Matt_Furie, the creator behind the infamous Pepe meme, Landwolf proudly claims the title of Avalanche's mascot and is set to be the first meme to launch on the Avalanche blockchain.

Emin Gün Sirer has even tweeted about Landwolf's superiority over the Pepe meme, which has naturally led to the tokenization of this meme.

It's a prime example of how any association or likeness can propel a memecoin into the limelight.

This phenomenon isn't limited to pets, as demonstrated by another meme on Avalanche called COQINU, which is hailed as one of the funniest memes by co-founder of @avalabs Kevin Sekniqi.

# 3: MYRO on Solana

Amidst the recent bustling activity on Solana, which seems to be experiencing its own blockchain renaissance, Myro, the canine companion of Solana's co-founder Raj Gokal, achieved memecoin stardom by skyrocketing to a whopping $50 million market cap.

Then, seemingly out of nowhere, another token emerged, paying homage to Solana's primary founder, Anatoly Yakovenko's furry friend.

As MYRO's success unfolded, traders didn't think twice before leaping headfirst into this new token, $ADA, with dreams of flipping it.

In the quirky world of memecoins, here we can again observe the respected advantage of a first mover in the space.

$MYRO currently sits at a 10x of $ADA at $20 million market cap.

# 4: NOLA on Arbitrum

$NOLA was the OG memecoin on Arbitrum, a furry memecoin based on Harry Kalodner's cherished cat Nola. Another cat in the memecoin space... are you listening anon?

$NOLA reminded us that Arbitrum ain't dead, and the meme game is alive and kickin'. Is this the meme that will bring action on Arbitrum again?

I mean, seriously, it's a good time to raise the issue of Ethereum's sky-high gas fees.

When the bull market is back, are we really going to pay $100+ to swap a memecoin for wine money hoping for a 100x?

It isn't viable. Maybe a legit Arbitrum memecoin season will finally lure folks from L1s to L2s.

# 5: MAX on Injective

$MAX is the memecoin inspired by Injective Co-founder Albert Chon's pet dog, Max.

Albert Chon has gone as far as to join the community Telegram community going so far to post IRL pictures of his beloved Max, engaging with the community and ultimately propelling the meme season on Injective further.

It's not the first time a meme coin without any intrinsic value has thrived on this blockchain. For instance, $NINJA had a surprisingly good run, and its only quirk was a dog wielding nunchucks.

In the world of meme coins, anything goes, and $MAX is here to prove it!

Conclusion: Lessons Learned

In the ever-peculiar world of cryptocurrency and memes, pets have taken the stage, and it's been a wild ride. As we delve into this intriguing trend of pets-turned-memecoins, here are some key takeaways:

• Memes are a powerful onboarding tool: Memecoins have shown that humor and relatability can be gateways to the crypto world. Many start with a laugh but end up diving deeper into the crypto rabbit hole, buying more than just "degen" stuff.
• Founders' involvement matters: Founders who engage with their community, even through meme coins, can drive the meme season further. Real-world connections and authenticity resonate with users.
• Community engagement is vital: The success of memecoins often hinges on robust and passionate communities. These communities keep the memes alive and thriving.
• The line between reality and absurdity blurs: Memecoins challenge conventional notions of value, thriving on community engagement, wild narratives, and the sheer joy of being part of something fun and unpredictable.

As memecoins continue to pump and reach staggering market caps, one can't help but wonder: Is Ethereum finally going to be left behind by the meme season in this bull run? The game is changing, and memecoins are rewriting the rules.

So, keep an eye out for the next viral pet meme coin, and remember, don't go all in - it's more likely a scam than not.