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Ethereum Meme Revival Matt Concept Re-emerges RATO and BERRY Lead the New Wave
Recently, the market has rebounded from the bottom, with Ethereum showing particularly bright performance. Thanks to the Pectra upgrade, continuous ETF purchases, and the success of the Virtual new issuance model, multiple favourable information including capital recognition, technological advancement, and ecological prosperity have driven the price of Ethereum to continue to rise. This has also led to the resurgence of Ethereum on-chain Memecoins.
In contrast, while the Solana ecosystem has seen a broad rise in established secondary Memecoins and the AI sector, the primary market is accelerating its pace and lacks a sustained narrative. At the same time, it faces continuous selling pressure from higher-level addresses and a loss of funds in the lower market. Apart from the Bonk system, new tokens are struggling to support the overall ecosystem, making it increasingly difficult for ordinary investors to profit.
The revival of Ethereum Meme is mainly reflected in the return of Matt Furie's concept. As one of the most well-known Memes, Pepe cultivated a strong community during the last round of ETH Meme frenzy and remains a main force. Matt's works are deeply tied to the EVM ecosystem, with others like ANDY and BRETT also performing well.
With the strong pump of Ethereum, veteran traders have revived the Matt concept, awakening this long-silent "Meme chain". The new Matt series tokens worth paying attention to include:
RATO: The character "Rato the Rat" from Matt Furie's new book has reached a market cap of 36 million USD.
BERRY: The female version of the "Pepe" image, which once reached a market value of 55 million USD.
In addition, there are other "frog" concept tokens like FROGGER. Industry insiders believe that if Ether starts a new round of pump, new leading projects may emerge among the Matt series characters.
On the Solana side, despite challenges in the primary market, established Meme coins still attract a large influx of funds. The BONKFUN platform of the BONK ecosystem has performed well, continuously delivering quality projects through community foundations and incentive programs. Tokens like USELESS and HOSICO have also shown impressive performance.
In addition, some well-known Solana Meme coins like MoonDeng and PNUT have also experienced a collective explosion. Projects like TITCOIN and other "copycat" projects have also performed impressively.
Overall, the current market for the Meme sector is showing a prosperous scene, but there are also opinions that it lacks incremental funds, and caution is advised against manipulators pulling up prices for self-rescue. In the current acceleration of the bull-bear transition, investors need to remain cautious and manage risks effectively.