Fantom meme season update #5
If you haven't seen my introduction post about Fantom meme season start there as it'll give you all the background you need for this.
https://www.bulbapp.io/p/0647e9bd-4989-4165-aeee-48ed50d10b0f/fantom-meme-season-will-it-work-as-intended?s_id=b3f02dac-e2c4-4dbc-90fe-f152d08a42fc
Memecoin Stats Attack
We're definitely seeing a nice recovery in volume, driven by some new entrants to the contest, but MC (Marketcap) remains stubbornly low.
Marketcap
Starting to see a significant gap open up between 1st and 2nd and 1st+2nd and the rest of the field. Seem the most interesting battle here will be 3-5 as 1 and 2 already look locked in. But even then there seems to be a large gap between 3-5 and the tokens below so likely it'll just be the ordering of those 3.
Volume
Overall
Volume is a similar story for 1 and 2. But for 3-5 it's different. 3rd place is significantly a head of 4th place, and 4th is significantly ahead of 5th. Looks like the closest race will be for 5th with 3 tokens pretty close together.
Trend
The individual tokens are following the overall trend for volume. fSONIC has seen a jump in volume in the last couple of days.
Analysing LPs
We have two qualifying positions in Season 2. We've hitched our wagon to HOOPS and TANGO.
HOOPS Harmonics
After a big drop in value we're seeing at steady recovery, not least in part driven by the continuing rewards on the LP from HOOPS.
Starting to see some bribes on the voting gauges too from the HOOPS team.
Though not as aggressive as sGOAT. 
WFTM/TANGO
We are seeing much the same story on Equalizer for TANGO. My gauge votes have helped increase my position as TANGO is bribing heavily on the gauge vote LPs. 
Memecoin Roll Call
Let's meet some of these ****coins.
TANGO
https://www.tango.meme/
X https://x.com/TangoJRT
Discord https://discord.gg/x4rT4FQ8
TANGO is pretty simple: They bribe super heavy on Equalizer.
That's about the extent of it. 
And they're is running a side promotion to the main season which includes the LP on Base which also on Equalizer (which is called SCALE on Base).
And that's about it.
It's kinda 'keep it simple stupid' situation. Seems to be working for them.
But I can't see the longer term play here ...yet.
