BlockBeats news, November 10 - Elysium announced the launch of its mainnet last night, and ecosystem token trading has gradually become active. According to GMGN data, popular tokens mainly revolve around early mainnet propositions, mascots, and token issuance platforms. Among them, e/acc has a market cap of approximately $6.74 million, MONTRA recorded about $7.63 million in trading volume within less than 6 hours of opening, and BOXA rose 220.3% in the past 24 hours. Among the top five tokens by market cap this time:
e/acc: Accelerationist Meme, combined with HyperCore market expansion expectations
e/acc revolves around "effective accelerationism," echoing the accelerationist slogan in Elysium's early promotional materials. On November 8, the project team announced the acquisition of the HyperCore spot code EACC, increasing expectations for subsequent entry into the HyperCore market.
Currently, e/acc has a market cap of approximately $6.74 million, the highest among the five tokens screened this time, down about 10.5% in the past 24 hours.
MONTRA: New token issuance platform token, fee buyback
MONTRA is the token of Elysium's token issuance platform Montra, which opened at 08:37 today. Within less than 6 hours of opening, cumulative trading volume reached approximately $7.63 million, making it the most actively traded target in a short period among the five tokens this time.
Its core mechanism links platform trading revenue with token buybacks. According to official documentation, once the buyback function is enabled, 70% of the protocol's fee share will be used to buy back and burn MONTRA.
Its holding concentration is relatively high: the top ten addresses collectively hold approximately 51.06%, and the address marked by GMGN as the creator holds approximately 40%.
VOLTA: Token issuance platform, with 80% of fees used for buybacks
VOLTA is the token of another Elysium token issuance platform, and its core narrative also revolves around platform trading activity and token buybacks. According to the official website, 80% of the protocol's fee share is used to buy back and burn VOLTA, and creator fees generated by its own trading pool are also used for buybacks.
Currently, VOLTA has a market cap of approximately $3.47 million, down about 30.9% in the past 24 hours.
BLOB: Driven by a plush mascot image, community Meme
BLOB centers on a teal, grumpy-looking plush doll as its core image, spreading around the Elysium mascot and building community culture through avatar generation, offline events, and travel photos. Its main recognizability comes from its visual image and community spread.
Currently, its market cap is approximately $1.7 million, down about 35.1% in the past 24 hours.
BOXA: Integrated with GMGN and Kalos, plus a fee burn mechanism
BOXA combines the attributes of a token launch platform and a trading gateway. Among the five tokens this time, it is the one with the largest gain in the past 24 hours, up about 220.3%. BOXA currently has a market cap of approximately $1.56 million.
Recently, the project team has successively announced that the platform token is integrated with GMGN and Kalos, expanding market display and trading channels. At the same time, in the officially disclosed fee allocation plan, 50% is used to burn BOXA.
BlockBeats note: Meme coin trading is highly volatile and mostly relies on market sentiment and concept speculation, with no actual value or use case. Investors should be aware of the risks.
