#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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In the meme coin market, it is rare for projects to maintain long-term popularity. By comparing the data of several well-known meme coins, we can gain insights into some interesting trends.
Launched in 2005, Pepe, the bread cat introduced in 2011, Wif that appeared in 2019, and Popcat born in 2020 are all representative works of the memes market. However, there are very few projects that can maintain their popularity for over ten years.
From a market capitalization perspective, Doge WIF once peaked at 4.9 billion USD, while Big Mouth Cat POPCAT had a maximum market cap of 2 billion USD. However, what is truly remarkable is the performance of these projects on social media.
Taking TikTok as an example, WIF-related videos reached 34 million, while POPCAT had 44 million. But surprisingly, videos related to Bread Cat reached as high as 220 million, far surpassing the former two. This data fully demonstrates the strong influence of Bread Cat in the field of social media.
Furthermore, we can refer to the data from Know Your Meme, the world's largest internet culture research platform. On this platform, Bread Cat not only has a longer history, but its page views also far exceed those of other projects.
Overall, Bread Cat, as a meme coin project with a rich historical background, sustained popularity, and an active community, is undoubtedly worth investors' close attention. Its existence proves that in the volatile cryptocurrency market, lasting cultural influence may be a key factor for a project's long-term success.
However, we also need to bear in mind that the cryptocurrency market carries high risks, and investment decisions should be based on comprehensive research and rational analysis. Although some projects may exhibit attractive characteristics, diversification and risk control are always wise choices.