SILLY（Silly Dragon） Project Analysis
1. Research Institute Review
In less than 2 weeks since the launch of the Silly Dragon token, its market capitalization has reached $70 million, with 8,600 holding addresses and a on-chain liquidity pool as high as $1.2 million. Silly Dragon is a community-driven cryptocurrency project based on Solana and stands out as one of the most interesting and creative projects within the Solana ecosystem.
2. Recent Developments
The founder of Solana regularly promotes it, making it the hottest meme coin on Solana at the moment, similar to the official meme coin they released, generating high community engagement.
3.Project Introduction
"Silly Dragon" is a character that emerged in the Solana ecosystem, officially launched by Solana co-founder Anatoly Yakovenko during Halloween 2023. This character symbolizes fresh and entertaining energy in the Solana narrative. As 2024 approaches, dragons are culturally associated with various traditions, and there is growing anticipation for new narratives and innovations centered around Silly Dragon, potentially catalyzing creative initiatives and community involvement within the Solana story.
4.Token Utility
None.
5.Token Economic Model
Total supply: 1 billion tokens
No transaction tax: Ensures transparency for each transaction.
LP (Liquidity Pool) destruction: Ensures fairness and stability of the ecosystem.
Renouncement of minting rights: Confirms fixed supply and enhances security.
6.Project Highlights
None.
7. Investment Institutions
None.
8.Special economic model
None.
9. Community
Twitter followers: 7,135; Telegram group members: 1,825.
10.Future Outlook
The future outlook for Silly Dragon is to become one of the most interesting and creative projects within the Solana ecosystem, providing users with more entertainment and value. Silly Dragon plans to introduce additional features and services such as NFTs, games, and applications to expand the project's influence and value. Silly Dragon also aims to strengthen collaboration and interaction with other Solana projects, contributing to the development and popularization of Solana.
Basic Information
Project Introduction: "Silly Dragon" is a character that emerged in the Solana ecosystem, officially launched by Solana co-founder Anatoly Yakovenko during Halloween 2023. This character symbolizes fresh and entertaining energy. As 2024 approaches, dragons are culturally associated with various traditions, and there is growing anticipation for new narratives and innovations centered around Silly Dragon, potentially catalyzing creative initiatives and community involvement within the Solana story.
Token Full Name: Silly Dragon
Token Symbol: SILLY
Project Website: https://sillydragon.io/
Project Documents: Not specified
Block Explorer:
https://solscan.io/token/7EYnhQoR9YM3N7UoaKRoA44Uy8JeaZV3qyouov87awMs
Liquidity Explorer:
https://jup.ag/swap/SOL-SILLY_7EYnhQoR9YM3N7UoaKRoA44Uy8JeaZV3qyouov87awMs
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CoinW Institute
2023/12/21