MEME COIN: From agitation to consensus, AO is the first to achieve MEME COIN——$BENCAT
2024-12-19 11:21

What is the MEME

MEME (memes) is a cultural element or concept that spreads rapidly on the Internet through transmission and imitation. MEME does not have a single carrier, it can be a picture, GIF, video, or text, and spread on network social media, sometimes the spiritual connotation conveyed by MEME can even beyond the language and culture barriers, to the whole world; MEME has no specific or proprietary meaning, it has a high degree of variability and adaptability, a representational MEME may have different meaning in different environment and time, people can also add their own content or change some elements to create new MEME.

 

What is the MEME COIN

MEME COIN, Also known as memes or coins, is a cryptocurrency themed or inspired by Internet MEME.MEME COIN Combining the spiritual core conveyed by MEME with blockchain technology to create a new form of virtual assets.

The origin of MEME coins can be traced back to Dogecoin (Dogecoin). The MEMECOIN, jointly launched by software engineers Billy Markus and Jackson Palmer in 2013, was inspired by the then-popular Kabosu shiba u Dog MEME (dog memes).Dogecoin Originally intended to mock speculation in the cryptocurrency market, it quickly won the favor of the community members, becoming the first MEME COIN to become famous.

Unlike ordinary cryptocurrencies, MEME COIN initially had no real value. General cryptocurrencies usually have clear technological innovations or application scenarios, such as Bitcoin's decentralized currency system and Ethereum's smart contract platform. These cryptocurrencies are often designed to address specific financial or technical problems. The MEME COIN value base depends more on the community enthusiasm, the influence of social media, and market sentiment. They tend not to have substantial technical support or clear application scenarios, their value fluctuates greatly and is more dependent on "hype".

Today, Dogecoin ($ DOGE) has reached a market value of billions of dollars. With the continuous spread of many emerging MEME COIN, MEME COIN has gradually transformed into a huge ecosystem that cannot be ignored in the cryptocurrency market.

 

Opportunity or risk?MEME COIN Community consensus and the dark side

The satire and protest —— narrative inspires the collective will of the community
During the US election, an Internet celebrity squirrel made a stir in the MEME narrative: the New York State Environmental Protection Agency (DEC) broke into a private house and killed a celebrity squirrel named Peanut. On social media, the incident ignited the fire of MEME's satirical culture. DEC's move not only exposes the problem of its abuse of power, but also triggers people's anger and dissatisfaction with the unfair behavior of the authority. In this context, the MEME coin $ Pnut came into being and became a tool to satirize DEC atrocities and express protest.

Through MEME COIN, the MEME community transforms the atrocities of individual government agencies into a narrative of crypto market, thus to satirize and counter the misconduct of power. In the process, $ Pnut became a symbol, a virtual symbol of fight against corruption and tyranny. In this context, community consensus has become the main force driving MEME COIN value growth. As a fire, it has ignited investor sentiment. By the time of writing, $ Pnut's market value has reached $1.1 billion. At this moment, $ Punt as MEME COIN is not only an investment tool, but also carries investors' recognition of justice and freedom, which has become a cultural embodiment.

Manipulate and monopoly —— rat warehouse monopolies token supply

But at the other end of the crypto market, the same narrative is manipulated by people with ulterior motives. On May 24,2024, the death of $ DOGE prototype shiba Ou Kabosu brought a wave of nostalgia to the crypto community, followed by the rise of another named (Neiro), symbolizing the continuation and spiritual inheritance in MEME COIN culture. However, the superficial "feelings" are hidden behind a careful layout for investors. On October 19,2024, people in the crypto industry revealed that behind the small case $ Neiro was a large "rat warehouse" team, which controls more than 80% of the supply of tokens. The team drew KOL and market makers through various means, quickly pulled up the price of the currency, and then shipped at a high price, extracting the funds of those investors trapped in the "Neiro" narrative.

While community consensus makes $ Pnut a highly spiritually symbolic MEME COIN, the small-case $Neiro team has used a similar narrative to exploit investors through capital manipulation. Investors are often guided by the "feelings" and "beliefs" in the MEME COIN narrative, but it is difficult to distinguish whether the real value is the convergence of group power or the manipulation of interest groups in the dark.

 

$BENCAT —— The first MEME COIN of the AO ecology

How to avoid becoming meat on the MEME COIN chopping board? How can we find a real and cohesive community consensus, MEME COIN?

In my opinion, joining the $BENCAT community gives you some ideas.

$BENCAT Community

$BENCAT Is the first MEME COIN of the AO ecology.$BENCAT No pre-sale, no reservation, no VC —— 100% fair launch, the total supply of 1 billion pieces.

$BENCAT The combined curve of Obtimus (AR + AO Ecological AI survival game) was first launched on December 16,2024.$BENCAT Is the MEME COIN created by the Obtimus project team through AO Agent technology and using the MEME as the prototype.

The $BENCAT community has thousands of participants, and most of them are participants and contributors to the AO ecology, but unlike other MEME, $BENCAT has no pre-sale, no team allocation, and everything is left to $BENCAT led and driven by the community consensus.

 

100%, fair distribution

To prevent the recurrence of events in lower case $Neiro, and to ensure that more community members could purchase $BENCAT at a lower price, all purchasers were imposed purchase restrictions during the union curve that —— could purchase up to $BENCAT of 5 $ wAR per address. Users can still sell it at any time, but once sold, they will not be able to buy it again until $BENCAT enters the Permaswap.

When $BENCAT became available on Permaswap, to ensure that $BENCAT early supporters could get the $BENCAT, $BENCAT set up airdrops. The designer of $BENCAT will purchase a certain amount of $BENCAT during the union curve. After $BENCAT launches on Permaswap, designers will drop 100% of these tokens to Obtimus players (based on their Obtimus rewards) and early community veterans. The designer will disclose the wallet address and remain completely transparent.

This means that everything in $BENCAT is open and transparent.$BENCAT The long-term vision of community consensus is about the value of $BENCAT's future without being manipulated.

 

Liquidity problem

If the liquidity is insufficient, then it will affect the future sustainable development. While 80% of the $BENCAT will be introduced through the joint curve. Once the total purchase volume reaches 888 $ wAR, it will automatically list in the Permaswap and the remaining 20% of the $BENCAT will serve as a liquidity pool for the transaction.
How do I get the $BENCAT?

Here is a simple guide on how to bridge an AR to the AO network and prepare it for a $BENCAT purchase:


1. Buy the AR and transfer it to your ArConnect wallet.
2. Connect the AR to the AO network.
3. Visit the https: / / obtimus.  aogames. org / website (Obtimus AO game).
4. Trade $BENCAT on Permaswap after the union curve reaches its target.

 

ending

$BENCAT Whether it can gather a huge community consensus to write a new narrative may have a direction.

Only when we devote ourselves to the $BENCAT community and participate personally, can we understand where the core drivers of MEME COIN's unique ecology come from.

Only with a deeper understanding of the community culture and community consensus can we confirm whether the rise of MEME COIN is derived from the cohesion of consensus or a brief market carnival.