Content Directory:

· SILLY price breaks through $0.07

· Solana founder AnaAnatoly's project

· Meme coin frenzy, "Silly Dragon" meets Chinese New Year

A series of meme-based dog coins on Solana have taken off, and in this prosperous scene, SILLY, a coin that quickly became the focus of the market, due to Solana Labs co-founder Anatoly's "dragon" costume at the Breakpoint conference.

SILLY price breaks through $0.07

Since its launch on December 16th, SILLY has experienced an impressive surge in market value and trading volume within two days, with a trading volume of 30 million US dollars on the Swap | Jupiter decentralized exchange and a market value rising from zero to nearly 10 million US dollars, experiencing an astonishing 900% appreciation. According to data from birdeye, as of the time of writing, the price of SILLY has surpassed 0.07 US dollars.

Solana founder Ana Anatoly's project

As the value of meme coins soared to about $10 million, with a potential return of 4,500 times the initial investment, it has attracted many other investors. And this meme has turned its attention to the founder's pet.

Related reading: "Vitalik's cat, Anatoly's dragon, this generation of memes targets founders' pets..."

On December 5th, Silly Dragon made its debut and immediately caught the attention of Solana founder Anatoly Yakovenko. Although the dragon is obviously not a pet that Anatoly can raise himself, his Twitter profile picture is a dragon image similar to the Silly Dragon cartoon character. Later, during Halloween, Anatoly welcomed attendees wearing a costume representing "Silly Dragon". This fun but significant moment marked the official launch of this new version of "Silly Dragon".

Anatoly's screenshot of following and retweeting Silly Dragon's tweet has also sparked discussion in the community, which is why many people are bullish on SILLY. Cryptocurrency researcher Pepper (@PepperPetey) posted on social media platform Twitter stating "this is Solana's next big move".

In addition, encryption researcher @BroLeonAus also posted on social media platform Twitter saying, "I watched the entire Solana Breakpoint live stream, which made me determined to delve deeper into Solana. Community members followed me from catching the rise of Sol and gradually received Backpack airdrops, Jito secondary and other ecological dividends. Most importantly, at BreakPoint, only a few projects were mentioned, but every single one mentioned skyrocketed. SillyDragon's appearance was actually quite subtle, and it wasn't until now that we realized Anatoly had hidden Easter eggs."

"So this time, I plan to hold onto Silly for a long time. The background is so orthodox and has the support of big shots. What if another Bonk happens?" added @BroLeonAus.

meme Coin Carnival, "Silly Dragon" Meets Chinese New Year

Before SILLY, the first meme coin on Solana, BONK, saw a steady rise in price in November, reaching an all-time high. During last year's Christmas season, Bonk conducted a large-scale airdrop for the Solana ecosystem. As BONK becomes active again on its one-year anniversary, it has driven up the price of SOL and other ecosystem projects have become active due to their participation in the Bonk airdrop and integration, giving SOL a "new life".

In addition, other meme coins on Solana have also received attention due to the market hype. According to BlockBeats, the ZERO token surged above $1.6 last night and returned to the public eye. As of writing, the price of WIF, which often ranks first on the Birdeye trading hot list, is $0.21. The reverse letter of "bonk", !knoB, is priced at $0.00093 with a 211.1% increase in the past 24 hours and a 1683.0% increase in the past 7 days. The community even refers to $zero $silly $knob as the "three horses of Solana".

Related reading: "Silly Dragon Silly hits new highs, MEME surges on Solana and Avalanche".

However, currently, "Shalong" does not have any special use, and its only noteworthy attribute is that it has a small dragon internet meme character. And meme coins are a narrative that cannot be underestimated in this round of market changes.

Since mid-October, memes led by HarryPotterObamaSonic10Inu (BITCOIn) have brought a new wave of "abstract fever" to the cryptocurrency market. Subsequently, the price of BONK has risen all the way, and POINTS, the native meme coin of the decentralized social protocol Farcaster, has achieved an impressive 2000% increase. At the same time, COQ, the Meme coin of the Avalanche network, has seen a 24-hour increase of up to 108.6%.

Therefore, it is not surprising that the meme "Silly Dragon", which has a founder's "blessing", has performed well in terms of its increase. In addition to promoting "Silly Dragon" offline, Anatoly also said on social media: "Solana urgently needs the Silly Dragon meme." Although Anatoly's attention to "Silly Dragon" does not directly reflect any connection between him and "Silly Dragon", the existence of these materials brings the symbol and design of "Silly Dragon" closer to Anatoly.

Perhaps meme coins mean no technology, no reason, only emotions.

And this is also the significant meaning of the existence of meme coins, in a sense, meme coins are essentially social infrastructure. It reflects the complexity of internet culture and interpersonal interaction. People are willing to find resonance through humor, make memes to respond to the absurd world, and keep those historical moments forever in internet memes.

In addition, the official Twitter account of "傻龙" uses the theme tag #theyearofsillydragon, which coincidentally corresponds to the upcoming Year of the Dragon. This narrative is also more likely to be welcomed in the domestic community.

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