The DRUGS token has sparked a new craze for initial offerings on daos.fun
1. The Amazing Surge of the DRUGS Token
Recently, the DeSci project Big Pharmai (DRUGS) has continued to write a wealth creation myth on the daos.fun platform. According to GMGN market data, the quote for DRUGS has temporarily reached $0.0401198, corresponding to a market value of approximately $44 million.
Based on the fundraising stage limit of 420 SOL (approximately $92,000), DRUGS has seen an increase of nearly 500 times since breaking out of the 'internal market,' becoming the most outstanding daos.fun system token after ai16z.
2. Brief Introduction to the Big Pharmai Project
The meme narrative of Big Pharmai focuses on the medical and pharmaceutical fields, with the vision of disrupting large pharmaceutical companies with significant influence and market share globally, known as 'Big Pharma.'
The project initiator's X account name is Anthony Fauccai, clearly imitating the well-known epidemiologist Anthony Fauci.
The widespread attention to Big Pharmai is largely due to support from the leading DeSci project Pump Science, although Pump Science has emphasized that DRUGS is not its platform token.
3. Positioning and Changes of the daos.fun Platform
daos.fun was originally positioned as a meme 'fund' launch platform based on Solana, aiming to operate 'funds' launched through the platform in the form of a DAO and issue corresponding DAO tokens. However, the community has not viewed the platform according to daos.fun's own positioning, but rather sees it as another pump.fun.
The fundraising phase of daos.fun is seen as the internal market phase of pump.fun, while the public trading phase after fundraising is equivalent to the free trading phase after pump.fun breaks out of the internal market.
4. The Fundraising and Initial Offering Craze of Big Pharmai
Big Pharmai's fundraising introduced whitelist rules, and the team selectively granted fundraising participation qualifications based on community interaction content. A large number of users went to great lengths to attract the attention of the Big Pharmai team to squeeze into the fundraising phase. In the end, a total of 7,082 people participated in the fundraising for Big Pharmai. The subsequent increase in DRUGS proved that these users' efforts were not in vain; once they squeezed into the fundraising phase, it meant hundreds of times the increase.
5. Future Outlook of daos.fun
The difference in user participation opportunities between daos.fun and pump.fun lies in the fact that popular projects on daos.fun often impose whitelist restrictions on fundraising, leading users to compete in other dimensions such as community interaction to seize limited fundraising quotas. However, this distinction actually opens up the imaginative space for daos.fun's system tokens.
The explosive popularity of ai16z and the performance of DRUGS have further solidified daos.fun's new positioning and proven the continuity of its wealth creation effect. Therefore, we have reason to expect that in the coming period, daos.fun will attract more retail attention and participation, driving new opportunities on the platform.
The content described in this article is for reference only and does not constitute any investment advice. Investors should view cryptocurrency investments rationally based on their own risk tolerance and investment goals, and should not blindly follow the trend.
The copyright of this article belongs to the original author and only represents the author's personal views, not the views or positions of this platform.
