PNUT promotes the animal rescue narrative, Jorgie and the eagle become the new favorite memes

Tác giả gốc: TechFlow

Good morning, dear PNUT holders.

It is another day awakened by the rise of PNUT. While congratulating (envying) the distinguished PNUT holders, FOMO sentiment is flooding the market today.

If you look closely at the sector structure, you will find that the overall market is on a slight downward trend today, but Meme is far ahead.

Among them, PNUT and FRED are bound to attract attention. The formers market value quickly exceeded 200 million US dollars, and the latter also started its own growth after the launch of Moonshot.

There is no need to introduce PNUT in detail. Its birth originated from a controversial incident: a popular squirrel was captured and euthanized without sufficient communication, which gradually turned into a political controversy seeking animal protection and expressing reasonable demands.

Similarly, FRED was created in memory of Frederick, the second squirrel that was found dead.

On the other side of the ocean, politics means attention; at the core of the narrative, animals also seem to reflect the protection of self-power.

The superposition of external attention and internal narrative core will inevitably cause FOMO emotions to overflow after the emergence of the miracle stock. Funds that are too high to get on the train are also looking for similar narratives and themes.

Therefore, today we see that this “animal rescue” narrative has gradually spawned new Meme coins, attempting to create new waves with different specific hot events after PNUT’s squirrel war.

Jorgie: The monkey taken away by the police ($Jorgie)

At a seemingly ordinary car accident scene in Dallas, police accidentally discovered a spider monkey named Jorgie Boy. The monkey belonged to local Internet celebrity Brandi Botello, but this unexpected car accident forced her to separate from her beloved pet.

According to the Dallas News, the authorities found Jorgie Boy was malnourished and underweight after the inspection. More importantly, it is illegal to privately keep monkeys in the Dallas area. Based on animal welfare considerations, the police immediately decided to take Jorgie Boy away from the scene.

The incident also caused an uproar on social media, and Jorgies owner Brandi immediately launched the Free Jorgie Boy campaign to try to arouse public attention to the incident.

Meanwhile, in the Tesla owner community, this incident has been widely discussed, and some people have posted that they hope Musk can see the story about Jorgie. It is worth mentioning that Musk is indeed paying attention to this Tesla community, but no one can predict whether he can respond to the monkey incident.

It was in this expectation and context that several Jorgie-themed tokens came into being yesterday, and a battle over capitalization was also taking place:

OG Jorgie:

5VPFmQs892HeP6PZYw91UEAfLqXeT4cTW2pu4Ppipump 2 M

Suspected Cabal Jorgie:

AMgMqadZ7Qpe9PCQwehAG3Xbg5cf8JxCxH7sGCSupump 15 M

However, market participants have made their own choices. Although the community has been supporting and calling for the old OG Jorgie, the price is shaky as of press time; while the conspiracy group Jorgie seems to have run out, with a current market value of around 15M, but the daily giao dịch volume and number of holders are very large.

It is not known whether the monkey can be rescued, but the degens are plotting to take advantage of the FOMO of the squirrel not getting on the bus.

Free Shayne Coplan (Eagle): Petition after Polymarket founder was arrested

Free Shayne Coplan:

AyxrBmqbzf169oe14XcSDMbgpUV1ntP6thcScYpYpump

Current Chợ Cap: 37M

Free Shayne Coplan is another hot meme coin today, but it goes deeper than simply rescuing animals, and has a bit of the flavor of using animals to express ones aspirations.

The token’s avatar is an eagle, but this is not as simple as an eagle being caught and needing to be released. The person behind it is Shayne Coplan, the founder of Polymarket, a platform that has made a name for itself in election predictions.

Today, Shayne Coplan’s home was raided by the FBI.

At the same time, Bloomberg revealed that the US Department of Justice is investigating the company, pointing the finger at illegally providing Polymarkets services to US users.

The FBI raid sparked a strong reaction in the mật mãcurrency community, with supporters launching the Free Shayne campaign and creating related tokens to show their support. This phenomenon is quite similar to the recent Free Jorgie Boy incident, reflecting the crypto communitys sensitive reaction to regulatory actions.

From a broader perspective, the incident highlights the ongoing regulatory pressure facing the cryptocurrency industry, especially when it comes to sensitive areas such as prediction markets and online gambling. Polymarket has previously had contact with the U.S. Commodity Futures Trading Commission (CFTC) over compliance issues and has shown a substantial cooperation attitude.

At present, the entire crypto community is closely watching the development of the situation. This story, which started from the prediction market and evolved into a law enforcement action, has also made the corresponding Meme the focus of attention in the current bull market environment;

What’s more worth mentioning is that the logo of the FSC coin is an eagle. The eagle itself is also the avatar element of Shayne Coplan, and the eagle is also a symbol of the United States itself. The double entendre is full of irony about censorship.

To further provoke attention, Shayne tweeted that this was clearly political retaliation and that the current administration would go after companies they believe were associated with political opponents… Polymarket didnt hurt anyone.

Musk immediately responded to Shaynes comment: Indeed.

This undoubtedly brings more factors worthy of attention to this layer of Meme coins.

Anti-censorship and freedom are always the correct narratives in the crypto community. Coupled with the celebrity factor, the voices of releasing the Eagle means releasing Shayne will probably continue for a while.

Cảnh báo rủi ro: MEME không có giá trị thực tế hỗ trợ và bị ảnh hưởng rất nhiều bởi tâm lý thị trường. Hầu hết (trên 99%) MEME là PVP và cuối cùng sẽ trở về 0. Bài viết này chỉ là chia sẻ kinh nghiệm cá nhân và không cấu thành bất kỳ lời khuyên đầu tư nào.

This article is sourced from the internet: PNUT promotes the animal rescue narrative, Jorgie and the eagle become the new favorite memes

Related: Polymarket: The positioning, expansion and shadow of the crypto prediction market

By: Lydia Wu, Researcher, Mint Ventures The data in this article is as of October 8, 2024 TL;DR Prediction markets in a narrow sense usually do not include traditional gambling and sports betting, but emphasize information discovery and public decision-making reference functions. Prediction markets cannot remain “correct”. They fail because people take the probabilities given by prediction markets as given facts. Cryptocurrency brings more freedom of transaction amounts and less friction to the prediction market Polymarkets user profile is quite different from crypto native users such as NFT traders and meme players. They are usually older, do not pursue extreme profit and loss ratios, and have a strong motivation to obtain and analyze information. The competitive factors of prediction market products are reflected in how to arrange better events and…