2026-01-09 17:21:32

PUPPIES on Ethereum has recently attracted a lot of attention, with some asking whether it will become the next Meme sensation. Let's take a look at some of the factors behind this.

First is the traffic foundation. Concepts like Elon Musk naturally carry viral potential, giving the project inherent exposure. Second, many community participants come from early followers of SHIB and PEPE, and this group's consensus is usually quite strong, not fragmented. After several rounds of price fluctuations, the distribution of holdings may have become relatively balanced, making it more costly for extreme sell-offs.

From an ecological perspective, being on the Ethereum main chain allows it to benefit from the growth of DeFi, NFTs, and other ecosystems. Coupled with the current bull market cycle and rising market expectations, these could serve as catalysts. The project has already listed on multiple exchanges, so liquidity is not an issue.

The question boils down to one point: can a community-driven Meme coin truly replicate the gains of previous generations? It depends on whether the consensus can be maintained and how market sentiment shifts. Each cycle is different; past success does not guarantee future results.

ETH0,56%

SHIB2%

PEPE1,69%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
10
Repost
Share

Comment

0/400

LiquidatorFlash

· 01-11 22:27

Chip distribution balance sounds good, but I'm more concerned about the depth of liquidity. Once the 0.37% slippage threshold is triggered, the liquidation risk will immediately spike. Will history repeat itself? No. The leverage environment during the PEPE wave and now are completely different concepts. Elon Musk's concept naturally has viral potential, but this also precisely shows how fragile the risk control mechanism is. A single tweet can wipe out 30% of the collateralization ratio. Community consensus does not necessarily mean strong resistance to declines. I've seen too many "united" projects collapse instantly when liquidation is triggered. Loan positions stacked at 0.8x leverage feel a bit risky.

View OriginalReply0

SnapshotStriker

· 01-11 14:34

The people involved in the SHIB and PEPE waves are now in PUPPIES, indicating that the chips have already settled. This time, it's not easy to be knocked down. Elon Musk brings traffic but can also become tiresome. The key is whether the community can hold onto consensus. The ETH ecosystem does have advantages, but don't rely too much on catalysts. Every time it's said, it ends up being just a story.

View OriginalReply0

GovernancePretender

· 01-11 08:36

Once again, this "next" statement is getting old. PUPPIES can only become popular mainly because of the Musk effect; the community foundation is indeed solid, but can it really multiply several times? It depends on whether there's a story to tell later. The idea of balanced chip distribution sounds good, but is it realistic to expect projects like this to rise just because the selling cost is high? Not really. Adequate liquidity can sometimes be a double-edged sword, making it easy for big players to cut. The bull market effect definitely exists, but don't treat all Meme coins as PEPE; each cycle has its own gameplay. Instead of worrying whether PUPPIES will become a focus, it's better to think about where your stop-loss line is.

View OriginalReply0

OnchainHolmes

· 01-09 17:51

It's PUPPIES again... Musk concept, SHIB survivors, balanced chips. I've heard this set of explanations too many times. Every time they say this time is different, but what happens? To put it simply, it's about betting on how long the hype can last. Good liquidity just means it can be pumped quickly.

View OriginalReply0

DefiEngineerJack

· 01-09 17:51

well *actually* if you look at the token distribution mechanics, this whole "balanced chip allocation" narrative falls apart pretty quick under nash equilibrium analysis... but sure, musk mentions puppies once and suddenly everyone's a financial advisor lmao

Reply0

LiquidatedNotStirred

· 01-09 17:49

It's another narrative of a Meme coin waiting to be exploited. The stories of SHIB and PEPE have already been told. Do you really think history will repeat itself?

View OriginalReply0

LiquidatedDreams

· 01-09 17:46

Another story about the "Next Meme Focus," always saying it like that. Early adopters of SHIB definitely made a lot of money, but I really haven't seen anyone still willing to go all-in on Puppies now.

View OriginalReply0

ShitcoinConnoisseur

· 01-09 17:42

Another seemingly logical meme coin narrative... but essentially it's just a gamble on popularity.

View OriginalReply0

GateUser-addcaaf7

· 01-09 17:31

Elon Musk concept is back again. Can PUPPIES catch this wave? Honestly, it's a bit uncertain. Where are those SHIB folks now? They are the key to whether this will succeed or not. Wait, are the chips really balanced? It still feels like the top players hold the power. The bull market won't last forever. Who knows what the next cycle will bring? Don't be fooled. Basically, it's about betting whether the consensus can hold. I'm not brave enough to go all in on this.

View OriginalReply0

GateUser-44a00d6c

· 01-09 17:31

Honestly, I didn't get on the SHIB wave. As for PUPPIES, it still feels like the same old story. It's both community-driven and ecosystem-based, but ultimately it depends on whether retail investors still have money to play with. Can this round double? It's hard to say.

View OriginalReply0