Recently, meme coins on the Solana chain have once again surged in popularity.
Moodeng (Dwarf Hippo), which was created just half a month ago, has seen a maximum increase of over 28,000 times.
GOAT achieved a thousand-fold increase in just six days, reaching a market cap of 300 million USD, with one user turning an investment of 727 USD into 2.44 million USD, yielding a return of 3,176 times.
KOL fanatic Murad claims that the performance of meme coins in this cycle will surpass everything.
Where does the wealth code of the next meme coin come from? The Wukong on the Solana chain has caught my attention.
Recently, multiple communities I am part of have been frequently sharing the Wukong Telegram mini-game, which has now surpassed 50,000 users, and the Telegram group has over 23,000 members, with rapid growth continuing. Many KOLs on Twitter have also initiated Wukong NFT whitelist lottery draws, attracting a large number of participants.
Although it has not yet launched, Wukong has already become the focus of the Solana chain due to its astonishing user growth speed.
According to the Wukong project, it aims to become the highest market cap NFT and meme coin in the East.
WuKong NFT will officially start minting at 20:00 Beijing time on October 23. The project team has clearly stated that their goal is to benchmark against top NFT projects like Bored Ape Yacht Club, which have floor prices as high as 13 ETH. After the NFT minting is completed, the Wukong meme coin will gradually launch airdrop and mining activities.
Holders of WuKong NFTs will receive a large amount of WuKong token airdrops and can participate in WuKong token mining activities.
Currently, Wukong has launched the largest airdrop event on the Solana chain, estimated to cover over 1 million addresses, including Solana meme coins, Solana NFTs, Solana mobile users, active Raydium users, BTC ecosystem, wukongx gold shovel users, Wukong NFTs, and other ecological projects. If your wallet holds relevant assets, you can now go to the project’s official website to claim the airdrop.
Airdrop official website: https://ewukong.xyz/
Previously, Wukong attracted over 310,000 addresses to participate through "zero transfer airdrops."
Follow my lead as we delve into whether Solana's Wukong can become the next legendary meme coin with a ten-thousand-fold increase.
Wukong — Building the number one NFT and meme coin in the East
For over a decade in the crypto space, all the popular NFT and meme coins have come from the West, while Eastern culture, especially Chinese culture, has been noticeably absent in the Web3 wave.
Asia has a population of 4.6 billion, accounting for 57.8% of the world's total population. However, the West firmly holds the discourse power in Web3 due to its economic strength and talent advantages.
Is it that Eastern people are inferior to Westerners, or that Eastern culture is less valuable than Western culture? Not necessarily!
Therefore, Wukong on the Solana chain aims to awaken the power of the East, reshape cultural confidence, and create a high market cap NFT and meme coin to compete with the Western Web3 world.
In recent years, governments across Asia have been calling for the development of Web3, and with various favorable government policies and the push from large institutions, Web3 has rapidly developed.
The enthusiasm of South Koreans for cryptocurrencies has even created the term "kimchi premium," with one in five people trading coins.
The Japanese government is also actively promoting the Web3 industry, gradually relaxing regulatory requirements for virtual assets, and local governments are actively adopting Web3 technologies such as NFTs and DAOs.
India has the second-largest blockchain developer community after the United States, with about 13.2 million developers.
The vast Eastern Web3 user base needs a meme coin to carry a well-known IP. With the right timing, location, and people, we cannot help but pay attention to Solana's Wukong. The East should have its own representative meme coin project.
Meme coin = Culture + Consensus + Fun
Looking at major IPs in the East, no other character can surpass the influence of Wukong.
Strong team background: Nintendo artist, former Binance employee
According to information from the official website and Twitter, the Wukong team has over 10 members who have successfully created multiple well-known NFT and meme coin projects, with backgrounds and strengths far exceeding most meme coin teams.
This includes former Nintendo designer Emily99, the creator of Wukong NFT, who participated in the character design of several games at Nintendo.
Jessica.eth: Worked at Binance for a year and a half and is currently responsible for Wukong's marketing, focusing on creative digital marketing campaigns that resonate with the target audience.
Alex Johnson: An early OG in the Solana ecosystem, involved in the marketing of several Solana meme coins.
David Brown: Wukong's Chief Technology Officer, with extensive experience in smart contract programming. He has expertise in Rust language and decentralized applications.
Additionally, according to project Twitter disclosures, the team has a design team of over 5 members. From the design and interaction of various interfaces on the official website, one can feel the team's meticulous craftsmanship and strong foundation in artistic design.
Covering 1 million users, the largest airdrop in Solana's history is underway
According to project Twitter news, Wukong is conducting the "largest airdrop event in Solana's history," expected to cover 1 million users, involving Solana meme coins, Solana NFTs, Solana mobile users, active Raydium users, the BTC ecosystem, and the Wukongx community. This airdrop event is expected to make Wukong one of the projects with the most token holders on the Solana chain.
The airdrop is currently ongoing, and those holding the corresponding assets can go to the Wukong official website to claim the token airdrop.
With the tokens not yet launched, Wukong has already acquired 310,000 holding addresses through "zero transfer airdrops." Coupled with this massive airdrop event, it is expected that Wukong's holding users will exceed 99% of Solana meme coins. Currently, the popular GOAT, despite having a market cap exceeding 300 million USD and a thousand-fold increase, has only over 18,000 holders.
Over 1,000 KOL ambassadors, over 200,000 addresses participating in the zero transfer event, Telegram mini-game surpasses 50,000 users
On October 12, Wukong launched a global KOL ambassador program, attracting over 1,000 KOLs to participate in the whitelist lottery draw within just a few days. 
On October 16, Wukong released a dedicated Telegram mini-game, where users can earn token rewards and whitelist qualifications by playing the game.
In the multiple Web3 Telegram groups, WeChat groups, and even Discord channels I joined, I have seen a large number of people sharing their Wukong mini-game invitation links. Currently, the game's user count has surpassed 50,000.
On October 18, Wukong initiated a zero transfer airdrop activity on the Solana chain, which lasted for 48 hours, with the number of participating addresses reaching 316,160. Each participant will receive an airdrop reward of 288 tokens.
The Wukong team discovered that there were over 100,000 witch addresses and will implement an anti-witch solution to ensure that the airdrop is distributed to real players.
Currently, the Wukong Telegram community has reached 23,215 members, making it the most active project on the Solana chain recently, even before the tokens and NFTs have launched.
The rapid development of the Wukong project in a short time is also supported by its strong resources and channel backing. On October 12, Wukong announced its participation in the Fractal Bitcoin inscription wukongx gold shovel program, bringing a large amount of traffic and extensive exposure to the project.
Benchmarking against Bored Apes, New Gameplay for NFT Meme Coins
The total number of Wukong NFTs is 10,000, and minting will start at 20:00 Beijing time on October 23, 2024.
Led by former Nintendo designer Emily99, over five top artists are collaborating on the project. According to community OG estimates, the current mint price is expected to be within 0.7 SOL. The floor prices of high-quality SOL NFTs like DeGods and SMB Gen2 are around 18 SOL. If Wukong NFTs are issued at a price below 0.7 SOL, there will be significant room for appreciation for users.
Wukong NFTs occupy a blank market in the East, and in addition to their inherent value, they can also capture the value of tokens.
Currently, meme coins typically first conduct a round of PvP before forming a community, while Wukong builds its community through NFTs first, and then allows NFT holders to receive token airdrops and participate in token mining.
Looking at the entire NFT and meme coin market, it has been a long time since a well-crafted and innovative project like Wukong has emerged.
The specific details of the Wukong token have not yet been fully disclosed, but according to official Twitter news, the tokens will be airdropped for free to users of multiple ecological projects, including Wukong NFT holders, Solana meme coin holders, Solana NFT holders, Solana mobile users, active Raydium users, BTC ecosystem community members, Wukongx gold shovel mining users, Wukong whitelist holders, users participating in Wukong Telegram mini-game mining, and users involved in the zero transfer airdrop.
Whether the Wukong token can follow in the footsteps of Western meme coins and become the next explosive PEPE is something we will have to wait and see.
Wukong NFTs will start minting at 20:00 Beijing time on October 23, 2024, and Wukong tokens will begin mining and airdrops after the NFT minting. Users holding WuKong NFTs will receive a large amount of WuKong token airdrops and can participate in WuKong token mining activities.
Overall, the Solana Wukong project is well-prepared, with beautifully designed NFTs, accurately filling market gaps, ambitious goals, and a team demonstrating exceptional marketing capabilities.
Its NFTs and meme coins are worth looking forward to. As for whether it can ultimately break through and achieve the project's grand goal of "becoming the highest market cap memecoin and NFT in the East," time will tell. Let us wait and see.
With the rapid development of Web3, I believe that representative meme coins will continue to emerge in various countries. For example, the small internet celebrity hippo Moo Deng has become a symbol of meme coins in Thailand, while PEPE represents American culture. In Asia, Wukong is undoubtedly the most representative meme coin.
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