Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
A cryptocurrency inspired by the "Beast Senpai" meme, which symbolizes Japanese internet culture, is currently experiencing something quite interesting. The original "114514 Coin" and the split-off "YAJU Coin" are clashing fiercely, but the background seems to be a fundamental conflict in operational philosophy.
The origin dates back to December last year when the 114514 Coin was launched. This coin, created by X user Kaede Games, is extremely famous in Japanese-speaking communities for its catchphrases of Beast Senpai and the phonetic pun with numbers. In January, it started to surge rapidly, jumping nearly 2000 times within a week. That was fine, but then a decisive disagreement arose over community formation between Kaede and another X user, Senshi. The main issues were twofold. One was Senshi demanding the transfer of 30% of the total token supply. He claimed this was the seed fund for community initiatives like airdrops, but Kaede refused. The other was about the use of approximately 1000 SOL in creator fees. When there were calls for buybacks (market support), Kaede unilaterally decided to manage the funds himself.
The core of this conflict is the differing views on how to position meme coins. Kaede sees them as "tools for entertainment and enjoying apps." Meanwhile, Senshi and others aimed for a "community-led project to increase value." Recognizing that realizing this ideal was difficult, Senshi shifted activities to another meme coin, "YAJU Coin," and declared a CTO (Community Takeover). This method involved volunteers taking over an abandoned project and launching organized marketing. The market responded immediately. YAJU Coin soared over 10,000%, with its market cap temporarily exceeding $20 million. Currently, an unusual situation persists with two "beasts": the original and the CTO faction. Is it entertainment or a serious community? This conflict highlights the frenzy and risks inherent in the meme coin market.