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Base's Official Token Launch Turns into a Marketing Rollercoaster, MEME Coins Crash and Soar to New …
In the early hours of April 17, Base made a high-profile move by creating MEME coins such as "Base is for everyone." However, this carefully orchestrated attempt to reignite on-chain cultural enthusiasm quickly spiraled out of control, pushing Base into the eye of a public storm. Yet, in a surprising twist, as the "failures" were remixed and turned into viral memes, the MEME coin prices staged a dramatic V-shaped recovery, sending on-chain sentiment on a rollercoaster ride. Author: Nancy, PAN...

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On March 6, 2025, U.S. President Donald Trump signed a landmark executive order announcing the establishment of a strategic Bitcoin reserve and the inclusion of other cryptocurrencies in the national digital asset reserve. This policy marks a significant strategic shift for the U.S. in the cryptocurrency space, aiming to solidify its position as the "global hub of cryptocurrency."Policy Content and DetailsTrump's executive order consists of two main components: the establishment of a Bitcoin ...



Base's Official Token Launch Turns into a Marketing Rollercoaster, MEME Coins Crash and Soar to New …
In the early hours of April 17, Base made a high-profile move by creating MEME coins such as "Base is for everyone." However, this carefully orchestrated attempt to reignite on-chain cultural enthusiasm quickly spiraled out of control, pushing Base into the eye of a public storm. Yet, in a surprising twist, as the "failures" were remixed and turned into viral memes, the MEME coin prices staged a dramatic V-shaped recovery, sending on-chain sentiment on a rollercoaster ride. Author: Nancy, PAN...

5 Charts to Decode Today’s Bitcoin Market: Where Exactly Are We?
$ERROR

Trump's Crypto Gamble: A Power Play of Politics, Money, and Technology
On March 6, 2025, U.S. President Donald Trump signed a landmark executive order announcing the establishment of a strategic Bitcoin reserve and the inclusion of other cryptocurrencies in the national digital asset reserve. This policy marks a significant strategic shift for the U.S. in the cryptocurrency space, aiming to solidify its position as the "global hub of cryptocurrency."Policy Content and DetailsTrump's executive order consists of two main components: the establishment of a Bitcoin ...
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MEET48's Evolution with AI and Web3
On June 11, MEET48 conducted its Token Generation Event (TGE), marking a crucial "evolution." With the TGE, how is MEET48 leveraging the dual engines of AI and Web3 to pioneer the next generation of "fan economy + creator economy"?
The Convergence of AI and Entertainment
With the advancement of AI technology, AI-driven digital singers and virtual idols have now achieved highly realistic visual effects. They not only resemble real humans in appearance but also continuously improve in performance and interactive capabilities. Meanwhile, the entertainment industry has seen a surge of AI-generated artists, who are rapidly integrating into various aspects of content creation, from music and dance to image design, propelling the virtual idol ecosystem into a new stage.
MEET48: A Web3 Entertainment and Social Metaverse
MEET48 is a "Web3 entertainment and social metaverse" that integrates AI-generated content, virtual idols, fan economy, and Web3 incentive mechanisms. The project boasts impressive resources and funding backgrounds. Recently, it secured a token round of financing with a billion-yuan valuation from investors such as Liang Xinjun, co-founder of Fosun Group, Hash Global, HashKey Capital, and Animoca Brands. It has also been selected for the 8th season of Binance BSC's MVB incubation program.
On June 11, MEET48 conducted its TGE, marking a crucial "evolution." With the TGE, how is MEET48 leveraging the dual engines of AI and Web3 to pioneer the next generation of "fan economy + creator economy"?
From Hatsune Miku to AIUGC: The Transformation of the Entertainment Industry
As early as 2007, Hatsune Miku rose to fame with VOCALOID voice synthesis technology, pioneering the era of user-generated content (UGC) for virtual idols. Around 2012, virtual idol projects such as Japan's Hololive and South Korea's PLAVE further developed virtual idols with motion capture and PGC methods. However, PGC faces issues such as high costs, creative bottlenecks, and long update cycles. Now, MEET48 redefines the development path of virtual idols by driving content generation with AI and value distribution with Web3.
MEET48's Diverse Product Matrix
MEET48 has a rich and diverse product matrix, including the Web3 + AI entertainment creation platform MEET48.ai, the meme token launch platform Mars Protocol centered on AI Agent, and the virtual entertainment world MEET48 Metaverse.
On February 7 of this year, the official launch of MEET48.ai marked a significant milestone. This Web3 entertainment creation platform integrates virtual idol AI cultivation, social interaction, and music and dance AIGC. It supports text-to-music, music-to-dance, AI-driven choreography, and voice cloning functions, enabling AI idols to generate multimedia content that can be instantly shared on major social platforms. MEET48.ai also introduced the exclusive AI creation tool AISHOWBOX, which supports 3D image generation, AI-driven choreography, and in-depth creation by idol agents.
In its initial phase, MEET48.ai has integrated a vast array of exclusive entertainment resources from the MEET48 ecosystem. Over 700 songs and dances from the Chinese female idol group SNH48 GROUP, which has more than 30 million fans, have been added to the material library. Additionally, more than 250 active idols will participate in creating their own AI idol agents.
Mars Protocol: A Pioneering Token Launch Platform
Mars Protocol, the most representative innovative token launch platform of MEET48, was launched simultaneously with the MEET48.ai platform on February 7. As the first AI idol platform in the BNB Chain ecosystem, Mars Protocol integrates the "Idol Meme + AI Agent" model, aiming to reshape the Web3 idol economy. It provides users with one-click token issuance, circulation, and trading tools. The platform deeply integrates AI technologies (including text, image, and music generation, as well as voice cloning) with the assetization path on the blockchain, supporting the tokenization of virtual idols and decentralized community interactions.
MEET48 Metaverse: An Immersive Virtual Entertainment World
The MEET48 Metaverse is a virtual entertainment world designed to offer users immersive social experiences that transcend reality and time. MEET48 also has its own multi-modal large model, which supports music and dance training. It provides users with AI creation tools and MaaS editors, significantly lowering the barrier to content creation. The model training data amounts to as high as 500TB.
Top-tier Resources Empower MEET48's Core Content Asset Entry
On April 4 of this year, MEET48 announced the completion of its token round of financing, with a Fully Diluted Valuation (FDV) of $100 million. The round was led by Liang Xinjun, co-founder of Fosun Group, Hash Global, and HashKey Capital, with follow-on investments from Animoca, Infinity Labs, Promontory, Oak Grove, and several Web3 professionals. The new funds will be used to support the development of its team and the creation of related AI products.
Investment institutions value not only MEET48's ability to implement technology but also its control over the core entry point of content assets. The copyright authorization of SNH48 gives it a real fan base and IP stickiness in the AI virtual human field. Combined with its comprehensive technology, this forms MEET48's unique moat.
Community Data Highlights MEET48's Market Demand and Scalability
As of January 14, 2025, data from the "MEET BEST7" global voting event showed that the total number of votes for the voting DApp exceeded 697 million, with a total of 3.39 million registered users. During the event, there were as many as 32.78 million on-chain transactions, and the cumulative number of active wallet addresses exceeded 1.18 million. MEET48 ranked first among social DApps on DappBay and third on DappRadar's social category leaderboard. These figures directly validate MEET48's real market demand and product scalability in the combination of AI virtual idols and Web3 incentive mechanisms. For investors, it is a rare project that has proven user growth, on-chain transactions, and ecosystem consensus.
Recognition from BNB Chain and Industry Events
On October 30 of last year, BNB Chain officially announced that MEET48 was selected for the 8th season of the MVB (Most Valuable Builder) accelerator program, a four-week initiative in collaboration with Binance Labs and CMC Labs (CoinMarketCap's accelerator program for startups). The selection rate for this program, which received thousands of applications, is less than 1%. The MVB program provided MEET48 with customized courses for early Web3 projects, fireside chats with the investment teams of BNB Chain and Binance Labs, and 1:1 guidance from CMC Labs. It also granted access to the entire BNB Chain ecosystem's resources.
At the Hong Kong Web3 Carnival in April of this year, Wayne Zhang, co-founder of MEET48, was invited to participate in the first panel discussion of "AI on BNB Chain Unlocking the Future," themed "How AI Agents are Reshaping the Web3 Ecosystem." The panelists analyzed successful AI Agent use cases, from smart contract automation and personalized recommendations to innovations in Web3 interaction models. They also explored the potential and challenges of AI in enhancing on-chain data analysis and optimizing DAO governance, providing forward-looking insights for industry development.
Token Economy Driving AI Idol Co-creation
To reward all users who support the MEET48 ecosystem, the $IDOL utility token airdrop campaign has now begun. The snapshot was completed at 16:00 UTC on May 21, 2025, and the claim page officially went live at 3:00 UTC on June 9.
$IDOL was launched on Binance Wallet, Bitget, Gate, MEXC, and PancakeSwap on June 11. From 4:00 PM to 6:00 PM (UTC+8) on June 11, Binance Wallet held an exclusive $IDOL TGE, and eligible users had to participate using Binance Alpha points. Bitget, Gate, and MEXC listed the IDOL token at 8:00 PM (UTC+8) on June 11, 2025.
Token Allocation
The total supply of MEET48's native token $IDOL is 4.8 billion. The specific allocation is as follows:
Community Incentives (including community rewards, future airdrops, and airdrops): 45.2%
Supporters (strategic investments and private rounds): 7%
Team and Advisors: 17%
Liquidity Support: 3%
Ecosystem Support: 20%
Marketing: 5.8%
IDO (Initial Decentralized Offering): 2%
Note: To ensure the smooth launch of new products and services within the community and promote the healthy development and growth of the MEET48 community, some tokens belonging to the "Community Incentives" and "Ecosystem" categories may be unlocked early. However, these will only be used for user incentives and marketing related to new community products and services, and must be approved by a community DAO vote.
Roadmap Ahead: From Idol Selection to AIGC Game Matrix
The highly anticipated TGE is just one of many important milestones for MEET48 this year. In the remainder of 2025, MEET48 will host the WIPA Community Annual Idol Selection, optimize the Mars Protocol launch platform, introduce a limited test of "AI Dance Crew," and launch two Web3 games, "Bounty Hunter Fish" and "Chain Tycoon."
According to the plan, MEET48 will hold the WIPA Community Annual Idol Selection and Awards Ceremony on August 2, 2025. The event will take place at the AsiaWorld-Expo in Hong Kong, bringing together SNH48, idol artists from Japan, South Korea, Hong Kong, Taiwan, Southeast Asia, and their overseas AI-Agent virtual groups.
In Q3, on the product side, Mars Protocol will continue to optimize AI Agent and meme coin launch functions, while advancing the "AI Idol Training Room," a virtual idol voice intelligent interaction and cultivation system. Users, acting as producers, will control real music scenes, lighting effects, and manipulate 3D virtual idols to direct dance choreography and live broadcasts.
"AI Dance Crew" will also be further developed. The original Dance Crew is a global online game with over 1 billion users and cumulative revenue of $10 billion. AI Dance Crew will create a large-scale community game ecosystem through $IDOL and virtual human music and dance LLM and AI Agent technology. The game will use $IDOL as the main token and is planned to start a limited test in Q3.
In Q4 of 2025, two Web3 entertainment games, "Bounty Hunter Fish" and "Chain Tycoon," will be launched. In Q1 of 2026, "AI Dance Crew" will enter the full public test and commercial operation phase.
Ultimately, MEET48 will build a global AI-driven Web3 ecosystem covering entertainment, social interaction, creation, and assetization, based on the Web3 AI social metaverse and combined with the MEET48 community and multiple AI game systems. The project's future progress is highly anticipated.
MEET48's Evolution with AI and Web3
On June 11, MEET48 conducted its Token Generation Event (TGE), marking a crucial "evolution." With the TGE, how is MEET48 leveraging the dual engines of AI and Web3 to pioneer the next generation of "fan economy + creator economy"?
The Convergence of AI and Entertainment
With the advancement of AI technology, AI-driven digital singers and virtual idols have now achieved highly realistic visual effects. They not only resemble real humans in appearance but also continuously improve in performance and interactive capabilities. Meanwhile, the entertainment industry has seen a surge of AI-generated artists, who are rapidly integrating into various aspects of content creation, from music and dance to image design, propelling the virtual idol ecosystem into a new stage.
MEET48: A Web3 Entertainment and Social Metaverse
MEET48 is a "Web3 entertainment and social metaverse" that integrates AI-generated content, virtual idols, fan economy, and Web3 incentive mechanisms. The project boasts impressive resources and funding backgrounds. Recently, it secured a token round of financing with a billion-yuan valuation from investors such as Liang Xinjun, co-founder of Fosun Group, Hash Global, HashKey Capital, and Animoca Brands. It has also been selected for the 8th season of Binance BSC's MVB incubation program.
On June 11, MEET48 conducted its TGE, marking a crucial "evolution." With the TGE, how is MEET48 leveraging the dual engines of AI and Web3 to pioneer the next generation of "fan economy + creator economy"?
From Hatsune Miku to AIUGC: The Transformation of the Entertainment Industry
As early as 2007, Hatsune Miku rose to fame with VOCALOID voice synthesis technology, pioneering the era of user-generated content (UGC) for virtual idols. Around 2012, virtual idol projects such as Japan's Hololive and South Korea's PLAVE further developed virtual idols with motion capture and PGC methods. However, PGC faces issues such as high costs, creative bottlenecks, and long update cycles. Now, MEET48 redefines the development path of virtual idols by driving content generation with AI and value distribution with Web3.
MEET48's Diverse Product Matrix
MEET48 has a rich and diverse product matrix, including the Web3 + AI entertainment creation platform MEET48.ai, the meme token launch platform Mars Protocol centered on AI Agent, and the virtual entertainment world MEET48 Metaverse.
On February 7 of this year, the official launch of MEET48.ai marked a significant milestone. This Web3 entertainment creation platform integrates virtual idol AI cultivation, social interaction, and music and dance AIGC. It supports text-to-music, music-to-dance, AI-driven choreography, and voice cloning functions, enabling AI idols to generate multimedia content that can be instantly shared on major social platforms. MEET48.ai also introduced the exclusive AI creation tool AISHOWBOX, which supports 3D image generation, AI-driven choreography, and in-depth creation by idol agents.
In its initial phase, MEET48.ai has integrated a vast array of exclusive entertainment resources from the MEET48 ecosystem. Over 700 songs and dances from the Chinese female idol group SNH48 GROUP, which has more than 30 million fans, have been added to the material library. Additionally, more than 250 active idols will participate in creating their own AI idol agents.
Mars Protocol: A Pioneering Token Launch Platform
Mars Protocol, the most representative innovative token launch platform of MEET48, was launched simultaneously with the MEET48.ai platform on February 7. As the first AI idol platform in the BNB Chain ecosystem, Mars Protocol integrates the "Idol Meme + AI Agent" model, aiming to reshape the Web3 idol economy. It provides users with one-click token issuance, circulation, and trading tools. The platform deeply integrates AI technologies (including text, image, and music generation, as well as voice cloning) with the assetization path on the blockchain, supporting the tokenization of virtual idols and decentralized community interactions.
MEET48 Metaverse: An Immersive Virtual Entertainment World
The MEET48 Metaverse is a virtual entertainment world designed to offer users immersive social experiences that transcend reality and time. MEET48 also has its own multi-modal large model, which supports music and dance training. It provides users with AI creation tools and MaaS editors, significantly lowering the barrier to content creation. The model training data amounts to as high as 500TB.
Top-tier Resources Empower MEET48's Core Content Asset Entry
On April 4 of this year, MEET48 announced the completion of its token round of financing, with a Fully Diluted Valuation (FDV) of $100 million. The round was led by Liang Xinjun, co-founder of Fosun Group, Hash Global, and HashKey Capital, with follow-on investments from Animoca, Infinity Labs, Promontory, Oak Grove, and several Web3 professionals. The new funds will be used to support the development of its team and the creation of related AI products.
Investment institutions value not only MEET48's ability to implement technology but also its control over the core entry point of content assets. The copyright authorization of SNH48 gives it a real fan base and IP stickiness in the AI virtual human field. Combined with its comprehensive technology, this forms MEET48's unique moat.
Community Data Highlights MEET48's Market Demand and Scalability
As of January 14, 2025, data from the "MEET BEST7" global voting event showed that the total number of votes for the voting DApp exceeded 697 million, with a total of 3.39 million registered users. During the event, there were as many as 32.78 million on-chain transactions, and the cumulative number of active wallet addresses exceeded 1.18 million. MEET48 ranked first among social DApps on DappBay and third on DappRadar's social category leaderboard. These figures directly validate MEET48's real market demand and product scalability in the combination of AI virtual idols and Web3 incentive mechanisms. For investors, it is a rare project that has proven user growth, on-chain transactions, and ecosystem consensus.
Recognition from BNB Chain and Industry Events
On October 30 of last year, BNB Chain officially announced that MEET48 was selected for the 8th season of the MVB (Most Valuable Builder) accelerator program, a four-week initiative in collaboration with Binance Labs and CMC Labs (CoinMarketCap's accelerator program for startups). The selection rate for this program, which received thousands of applications, is less than 1%. The MVB program provided MEET48 with customized courses for early Web3 projects, fireside chats with the investment teams of BNB Chain and Binance Labs, and 1:1 guidance from CMC Labs. It also granted access to the entire BNB Chain ecosystem's resources.
At the Hong Kong Web3 Carnival in April of this year, Wayne Zhang, co-founder of MEET48, was invited to participate in the first panel discussion of "AI on BNB Chain Unlocking the Future," themed "How AI Agents are Reshaping the Web3 Ecosystem." The panelists analyzed successful AI Agent use cases, from smart contract automation and personalized recommendations to innovations in Web3 interaction models. They also explored the potential and challenges of AI in enhancing on-chain data analysis and optimizing DAO governance, providing forward-looking insights for industry development.
Token Economy Driving AI Idol Co-creation
To reward all users who support the MEET48 ecosystem, the $IDOL utility token airdrop campaign has now begun. The snapshot was completed at 16:00 UTC on May 21, 2025, and the claim page officially went live at 3:00 UTC on June 9.
$IDOL was launched on Binance Wallet, Bitget, Gate, MEXC, and PancakeSwap on June 11. From 4:00 PM to 6:00 PM (UTC+8) on June 11, Binance Wallet held an exclusive $IDOL TGE, and eligible users had to participate using Binance Alpha points. Bitget, Gate, and MEXC listed the IDOL token at 8:00 PM (UTC+8) on June 11, 2025.
Token Allocation
The total supply of MEET48's native token $IDOL is 4.8 billion. The specific allocation is as follows:
Community Incentives (including community rewards, future airdrops, and airdrops): 45.2%
Supporters (strategic investments and private rounds): 7%
Team and Advisors: 17%
Liquidity Support: 3%
Ecosystem Support: 20%
Marketing: 5.8%
IDO (Initial Decentralized Offering): 2%
Note: To ensure the smooth launch of new products and services within the community and promote the healthy development and growth of the MEET48 community, some tokens belonging to the "Community Incentives" and "Ecosystem" categories may be unlocked early. However, these will only be used for user incentives and marketing related to new community products and services, and must be approved by a community DAO vote.
Roadmap Ahead: From Idol Selection to AIGC Game Matrix
The highly anticipated TGE is just one of many important milestones for MEET48 this year. In the remainder of 2025, MEET48 will host the WIPA Community Annual Idol Selection, optimize the Mars Protocol launch platform, introduce a limited test of "AI Dance Crew," and launch two Web3 games, "Bounty Hunter Fish" and "Chain Tycoon."
According to the plan, MEET48 will hold the WIPA Community Annual Idol Selection and Awards Ceremony on August 2, 2025. The event will take place at the AsiaWorld-Expo in Hong Kong, bringing together SNH48, idol artists from Japan, South Korea, Hong Kong, Taiwan, Southeast Asia, and their overseas AI-Agent virtual groups.
In Q3, on the product side, Mars Protocol will continue to optimize AI Agent and meme coin launch functions, while advancing the "AI Idol Training Room," a virtual idol voice intelligent interaction and cultivation system. Users, acting as producers, will control real music scenes, lighting effects, and manipulate 3D virtual idols to direct dance choreography and live broadcasts.
"AI Dance Crew" will also be further developed. The original Dance Crew is a global online game with over 1 billion users and cumulative revenue of $10 billion. AI Dance Crew will create a large-scale community game ecosystem through $IDOL and virtual human music and dance LLM and AI Agent technology. The game will use $IDOL as the main token and is planned to start a limited test in Q3.
In Q4 of 2025, two Web3 entertainment games, "Bounty Hunter Fish" and "Chain Tycoon," will be launched. In Q1 of 2026, "AI Dance Crew" will enter the full public test and commercial operation phase.
Ultimately, MEET48 will build a global AI-driven Web3 ecosystem covering entertainment, social interaction, creation, and assetization, based on the Web3 AI social metaverse and combined with the MEET48 community and multiple AI game systems. The project's future progress is highly anticipated.
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