Today we continue to shine a light on the intriguing world of meme coins with today’s spotlight on $APU and $GIGA tokens, both making waves in the crypto scene.

$APU: More Than Just a Meme 💘

Apu Apustaja, or "Little Apu," is not Pepe, though the characters share a visual resemblance and trace their roots back to 4chan. Apu is part of Murad's list and is known for fostering camaraderie, friendliness, and resilience within its community. Launched on March 11, 2024, on ETH L1, $APU has seen growth in both holders and market cap. This community token embodies the spirit of WAGMI (We're All Going to Make It) and perseverance.

Achievements and Community Engagement 🏆

  • Domain Acquisition: Secured the apu.com domain.
  • Event Sponsorship: Sponsored bare-knuckle fighting events.
  • Social Media Interaction: Received a Twitter response from the official KFC account.

The Apu community has also developed an NFT collection and a merch-store, on it’s roadmap.

Lore and Literature 📖

The community has documented an extensive lore of 57 chapters, which are humorous, lighthearted and full of pulp. Luckily for you I read all of it so you don’t have to. Here is my summery in rapid bullet points:

  • Rug
  • Jeet
  • Rug
  • Rug
  • Doxx
  • KFC
  • Jeet

$GIGA: The Chad of Memes 💪

Giga Chad, inspired by bodybuilder Ernest Khalimov (cannot confirm if he is real) and a photograph by Krista Sudmalis, has become an iconic meme. The $GIGA token, launched on January 5, 2024, on Solana, resonates with themes of masculinity and self-improvement. The following is the communities thesis:

Naturally, $GIGA attracts real, IRL, high-testosterone, chad holders. No soy jacks, no larps. $GIGA attracts people to hold and be apart of a movement of masculinity and improvement.

Low testosterone = prone to fear.

High testosterone = confidence/conviction.

$GIGA is a relevant IRL meme that normies are aware of. Real memes are the only real meme coins, the holders are all chads, and the Gigachad meme on Solana is irreplaceable due to the community ownership of the @gigachad Twitter handle and being partnered with the original meme creator Ernest Khalimov and photographer Krista Sudmalis.
$GIGA Thesis

Quite the whiplash going from a Telletubby indulging community to a Spartan larping group of folk, but fear not because Sideshift.ai has enabled $APU and $GIGA to be traded direct from your wallet to another wallet with competitive fees and ease of use. They already enabled over 200 tokens and are constantly adding more. $BITCOIN, $MOG, $SPX, $APU, and $GIGA - currently 5 out of the ten on Murad’s list is enabled on Sideshift.ai. Collect all ten and become the titan of memes!

Market Makers in the Crypto Scene 💹

Professional market makers play a critical role in providing liquidity for these tokens. Entities like Wintermute and Gotbit Hedge Fund are instrumental in this process, ensuring meme coins have the capital needed for trading.

Lets follow the typical progression of a successful meme coin. The token launches, rugs and CTOs, and is punted for a few months by traders in the trenches. If lucky it catches the attention of larger players and eventually is picked up by a market maker, who then deploys that capital on CEXs. Once a meme coin is listed on a CEX, then CEX traders with more resources and tools can further punt it around all the while by this point the token stands at Billions in market cap and the MM slowly exit from the position. Case in point Coinbase recently announce they will list $GIGA and $MOG. $MOG is in Wintermute’s portfolio. [Link]

The business involved in this on chain activity happens off chain helping to lubricate the economic activity. Gotbit for example commented that they only start trading tokens with already a few million in mktcp, but recently has been involving themself in the launches as well. The last fool from the beginning to the end.

I thought to point this out as it is important to stay informed in this wild industry. Next time you pass someone mentioning that this token is fully CTO yet the mktcp is in the several million, question is it possible to go that high with only a loose group of users connected by the internet and an even looser definition of the term 'community'?

Conclusion 🤗

Staying informed in the crypto industry is crucial. While communities drive the initial momentum, professional market makers and strategic listings are key to a meme coin’s success. If you're investing in community-driven tokens, remember it's a choice driven by your belief in the community's vision and resilience. Non of this is FA and DYOR, and sideshift over 200 tokens at Sideshift.ai.

This is a reprint from my Mirror