ETH returns to $3000, mainnet meme players have already made a fortune

2025-07-12 08:20:48

Collection

ETH's surge ignites the mainnet meme market.

Author: kkk, BlockBeats

On July 11, ETH returned to the $3000 mark after nearly five months, igniting market attention. With signals of an uptrend in the mainnet, the Meme sector within the ETH ecosystem also saw a collective rebound, with multiple tokens experiencing short-term surges, and market sentiment quickly warming up.

Therefore, deeply exploring projects within the ETH ecosystem that truly possess growth potential has become a key path to finding Alpha. This article will focus on four potential projects that currently have both popularity and solid fundamentals, and provide analysis and summaries.

$MANYU: The Influencer Shiba Inu with 20 Million Fans

$MANYU is a "spoiled Shiba Inu" and a rare project IP in the current Meme market that has a real traffic foundation. Its prototype boasts over 20 million followers on social media platforms, with total video views exceeding 360 million.

In just five days since its launch, its popularity surged to the top of CoinMarketCap, with a 7-day increase of up to 14 times. Its current market cap has surpassed $42 million, with over 10,000 holding addresses and exposure exceeding 700,000 times. $MANYU aims to create the next potential Shiba Inu king after $DOGE and $SHIB through a "IP + community + pure emotion-driven" light model.

$BOOE: Writing the Crypto Bible on Ethereum

$BOOE constructs a narrative blueprint in the form of a "sacred manuscript," depicting the Ethereum ecosystem as an epic that spans mythology and code. It emphasizes digital sovereignty, the prophecy of decentralized finance, and the eternal wisdom driving Ethereum civilization forward. From "decentralized prophecy" to "eternal wisdom on-chain," $BOOE aspires to build the world's faith in Ethereum.

In addition to its captivating narrative, the team behind $BOOE is also noteworthy. The Ethereum whale "fbb4," who successfully managed the $Pepecoin and $BasedAI projects, recently invested $800,000 to heavily buy into $BOOE, aiming to create another legend.

Moreover, the project has attracted the attention of key figures in the Ethereum ecosystem. Joseph Lubin, an executive from the recently popular Ethereum micro-strategy SBET, followed $BOOE's project Twitter. Ethereum co-founder Anthony publicly interacted with "Winner winner" to express support for the project, giving $BOOE all the imaginative potential for an explosive breakout in both cultural and capital dimensions.

$SBET: The Same-Name Token of "ETH Micro Strategy"

$SBET, as a derivative of "ETH Micro Strategy" Shaplink Gaming, has not received official endorsement. However, it has successfully ignited market sentiment due to the company's substantial investment in ETH. Against the backdrop of ETH breaking through $3000 again, this token quickly rose to prominence, becoming an emotional outlet for retail investors and the community.

Compared to the Ethereum Foundation, which has been continuously selling ETH, SharpLink's operations have injected a shot of adrenaline into the "E Guardian": from June 23 to 30, SBET spent approximately $22.8 million to buy 9,468 ETH at an average price of $2,411. As of now, its total holdings have reached 205,957 ETH, all of which are staked on-chain, just 40,000 ETH away from surpassing the Ethereum Foundation, making it highly likely to achieve that goal. Since launching this strategy on June 2, SBET has earned 222 ETH in staking rewards, establishing a stable cash flow model.

The stock price trend has also provided clear feedback: SharpLink has surged from a bottom of $7 to its current $18.48, more than doubling, becoming the most representative star asset in the "ETH Micro Strategy" sector. The rise of the same-name Meme coin is undoubtedly a "natural product" of the intersection of financial narrative and cultural speculation.

$IMF: The "Shadow Bank" of Mainnet Meme

IMF (International Meme Fund) is a decentralized financial platform tailored for mainnet memes, allowing users to collateralize meme coins like $PEPE, $JOE, and $MOG to borrow stablecoins $USDS without selling them. At the same time, through modules like Accelerate and Amplify, project parties or whales can leverage their positions, engage in circular lending for protection, or even create the illusion of "locked positions," effectively achieving early exits and shadow fund management.

Currently, IMF has rapidly grown to become one of the most influential liquidity engines in the meme circle—being not only the 34th largest holder of $PEPE but also the largest holder of $MOG and $JOE. The $USDS raised by the platform is growing at an extremely fast pace, becoming the most powerful financial leverage behind the meme market, attracting more funds and market attention.

Conclusion

ETH's return to $3000 not only releases signals of mainnet value but also injects much-needed vitality into the Meme sector within the ETH ecosystem. This round of mainnet Meme's uptrend resembles "the old story replayed at a new high"—who can navigate the tides of emotion and uphold long-term value still requires further verification from time and the market.