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Probably the most important dog in the Solana ecosystem

BlockBeats2024/07/09 03:52
By:BlockBeats

Although only half of this year has passed, Solana Meme Token has already experienced two waves of bull market. In these two waves, there are many "shooting stars" that have skyrocketed rapidly but have a life cycle of less than a week or even a day. Only a few Meme Tokens with solid enough Meme quality, community, and clear enough development direction, and constantly building, can stage a "heroic return" and enter a positive path of sustainable development.


$BENDOG is exactly like this. In the first wave of Solana Meme Token craze, it rushed to a high of 50 million US dollars in market value in half a month, and then fell into adjustment due to the decline of the overall market heat. But when the second wave of Solana Meme Token craze came, it was not forgotten, and it jumped from a market value of 5 million US dollars to 80 million US dollars in half a month. Such a strong recovery has attracted the attention of hundreds of crypto KOLs, and even Bybit CEO @benbybit has tweeted about $BENDOG on his personal Twitter.



Why has $BENDOG achieved such an impressive success?


The Origin of $BENDOG Meme



$BENDOG is not a Meme created temporarily during the Solana Meme Token market this year. On the contrary, it is a Meme image with a strong reputation worldwide.


$BENDOG’s meme image comes from a globally popular mobile game “Talking Ben the Dog”, which has been downloaded over 100 million times on Google Play alone. In the game “Talking Ben the Dog”, players can feed food and wine to Ben, a cute dog sitting on the sofa, talk to him through voice, and prepare potions in the laboratory to do crazy experiments.


Does this remind you of “Talking Tom Cat”? Yes, we can say that Ben the Dog and “Talking Tom Cat” are a pair of best CPs and best partners. They are also developed by the game company Outfit7. Like “Talking Tom Cat”, Ben the Dog has also accompanied countless players from all over the world, and one of them is Solana founder Anatoly Yakovenko. When Anatoly Yakovenko was unpopular and hesitant to launch Solana in 2017, he turned to a special advisor: Ben the Dog.


Ben only used a simple "Yeahppp" to answer Anatoly Yakovenko, convincing the future successful founder of Solana to bravely start his own exploration journey in the face of doubt. Today, Solana has become an indispensable phenomenal network in the Crypto world with thousands of users from all over the world, and $BENDOG has also followed Anatoly's successful footsteps to Solana, which can be said to be a two-way rush.


So, $BENDOG's Meme image actually has two extremely strong attributes. First, it is a world-famous game image, and like Pepe, different people come into contact with Pepe in different scenarios, get to know Pepe, and have different Pepes in their hearts. In the hearts of different people, $BENDOG may be a lovely partner, a person to talk to when lonely, a fool who is crazy and mischievous in the laboratory, or even more diversified images and connotations after more secondary works, which means that $BENDOG's Meme image can attract a wide range of people. At a time when Meme Tokens are increasingly seen as reasonable and valuable, we can foresee that Meme Tokens will play an increasingly important role in the next bull market, especially for people who are new to Crypto. Meme Tokens are very easy to understand and contagious, and Ben the Dog's potential in this regard cannot be ignored.


Secondly, this is a Meme that is closely related to Solana, and can even be said to be part of the original story of the Solana chain. If Solana founder Anatoly Yakovenko had not been inspired by Ben the Dog's "Yeahppp", would Solana be as successful as it is today? We have all seen many founders' pet Meme Tokens "rise to the sky", such as $HEMULE, which is based on the concept of Vitalik's cat, and $BEAR, which is based on the concept of AVAX co-founder Kevin Sekniqi's dog, but none of these are as touching as the story between Ben the Dog and Anatoly Yakovenko as a cyber pet - it even determined the birth of Solana.


Why has $BENDOG been able to recover again?


Since its launch, $BENDOG has been committed to content creation and community building, expanding its influence outward through content creation, while gaining support from a loyal and active community internally. Even during market downturns, this community remained steadfast and worked with the team to help promote $BENDOG. Currently, $BENDOG has nearly 75,000 followers on Twitter and 50,000 members on Telegram. The organic and sustained growth of the community is the reason why $BENDOG "returned" in the second Solana Meme Token boom.


Continued efforts during the downturn also paid off when Solana Meme Token heated up again. With continuous content creation output and active external relationship building, $BENDOG has gradually established strong partnerships and gained the attention and support of important KOLs. There are more than 100 well-known KOLs supporting $BENDOG, such as Eric Cryptoman, CTM, NotEezzy, etc. $BENDOG has also received support from the founder of NEAR and has established partnerships with leading projects such as HOT DAO, the number one Near Dapp on Dappradar.


Eric Cryptoman has been supporting $BENDOG from the beginning until now


The most unexpected thing is that after $BENDOG was born on Solana and firmly consolidated its position on Solana, they also worked hard to expand their influence to other chains and achieved great success. Illia, the co-founder of NEAR, personally followed $BENDOG and tweeted about it.



This tweet not only received a reply from the NEAR official Twitter account, but Andriy, the co-founder of the cross-chain bridge Allbridge, and Peter Volnov, the co-founder of the NEAR ecosystem wallet Here Wallet, also appeared in this video in the form of voices to interact with Ben the Dog. Soon after, $BENDOG supported bridging to the NEAR network and launched an official partnership with Here Wallet (HOTDAO) to airdrop $HOT holders.


Listing


Currently, $BENDOG has been listed on many mainstream CEXs, including Bybit (perpetual contract), Bitget, Gate.io, Kucoin, Bitpanda and Mexi. Some regional head CEXs with significant influence in specific countries have also listed $BENDIG, such as COINDCX in India and Coins.ph in the Philippines.


Currently, $BENDOG is working hard to get listed on Binance perpetual contracts.


Eco-Planning


$BENDOG has made waves and gained a place in the Crypto world as a Meme Token, but they are not satisfied with that. They hope to provide more utility for the Token through the "Benhalla" game ecosystem, provide a richer experience for holders, and help $BENDOG continue to expand its influence and form a more differentiated competitive advantage compared with other Meme Tokens.


The "Benhalla" game ecosystem includes:


Hopping Ben: The first game, aim in the direction and slide to let Ben pass the obstacles and reach the end. Ben will also make a magical and cute Yes sound in the process. Currently, the game is available on the App Store and Google Play.



Tapping Ben: Telegram mini app that allows the community to earn points and $BENDOG through fun gameplay.


Social-Fi Platform: A unique social task platform where users can complete social media tasks to earn points and $BENDOG Farming.


In addition to the above three apps, $BENDOG also plans to cooperate with more developers in the future to create more and more interesting Play 2 Earn games. $BENDOG holders can also choose to stake their $BENDOG to obtain exclusive Token activity participation rights, double game revenue, additional game props, and exclusive leaderboard rewards in the game ecosystem.


Tokenomics


Total supply of 1 billion, fully circulated, 0% transaction tax, initial LP has been burned.


Conclusion


Although $BENDOG has only been launched for less than half a year, it has already had a daily trading volume of up to $500 million (contract + spot), has been on Mario Nawfal's Roundtable, one of the most influential Twitter Spaces in Crypto, and has received nearly 200,000 listeners, has carried out official activities with Solana Mobile, released the first mobile game in the ecosystem, and continuously outputs high-quality original Meme content on Twitter. The good market performance is the result of the team's unremitting efforts.


However, the team did not take credit for themselves. They always said, "Our success is due to the solid community support from the first day."


With the community as the priority and efforts to explore the future, we believe that $BENDOG can continue to evolve in the Meme Token and even larger tracks.


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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