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

It's been a mixed bag since the start of Season 2. Marketcap has halved but trading volume has nearly tripled.


Volume, at the end of the day, is the most important metric in the blockchain world. You can have the most expensive assets in the world on a blockchain but if they never generate any fees the chain will eventually die because no one will be willing to build blocks.

TVL (aka Marketcap) isn't nothing though. A lower marketcap indicates a lower value people are placing on assets, which is normally a negative (though not always).

Marketcap

Speaking of Marketcap HOOPs has picked up where they left off at the end of last season followed by sGOAT a little ways behind and THC in third about the same gap as is between HOOPS and sGOAT.
New comer TANGO sits about roughly even with fSONIC in 4th place, about a third of HOOPS.

Volume

Overall

Volume is another story though.
Here we see sGOAT just edging HOOPS for first place. fSONIC sits about 30% behind them in 3rd and TANGO sits comfortably in 4th about 20% back again.

Trend

If we look at trend we can see sGOAT and HOOPS starting to pull away from the pack and HOOPS looking like it'll overtake sGOAT pretty soon.

Analysing LPs

We have two qualifying positions in Season 2. We've hitched our wagon to HOOPS and TANGO.

HOOPS Harmonics

We've lost over 50% of our value in the LP (result of falls in the prices of both tokens) but the yields have been increase plus there's also extra farming rewards on top. Should prices recover we're likely decently placed here.
We've would've been voting maBEETS for HOOPS, via the gauges but, so far, we've yet to see HOOPS bribe here.

https://beets.fi/pool/0xd3dc477821bb37a54d96573821ed8408a980b118000200000000000000000867

WFTM/TANGO

Almost exactly the same story with TANGO and we've also been voting our EQUAL on the TANGO LP and adding those incentives back into our position.

https://equalizer.exchange/liquidity

Memecoin Roll Call

Let's meet some of these ****coins.

BLACKY

W https://fantomblacky.io/
dapp https://dapp.fantomblacky.io/
TG https://t.me/blackyftm
X https://x.com/FTM_Blacky
Blog https://medium.com/@blacky.fantom.meme


https://www.coingecko.com/en/coins/blacky


What to say about BLACKY? They seem ambitious based on their blog. Lotta stuff being pitched as utility.
And ... they've been doing it so far.
It's not an entire protocol but the BLACKY dapp is already pretty featured for a memecoin.
You can mint BLACKY NFTs and then stake them (all minted now) and keep up with the project stats.
They have some games coming soon (https://medium.com/@blacky.fantom.meme/utility-announcement-61384be7063d) and given everything they've done so far I'd back them to deliver on this too.



What's even more interesting is they are intending to build a launchpad called Fantom Ignite. Some interesting ideas here as well as standard launchpad stuff.

https://medium.com/@blacky.fantom.meme/unveiling-fantom-ignite-blackys-revolutionary-launchpad-5a16de690355