Data

I created a dashboard that gives Farcaster memecoins financial and social scores, so communities can understand how they stack up against one other and investors can better understand risks.

Let me detail the methodology (article and dashboard linked below)

Memecoins generally go through a lifecycle with about five or so stages, like the ones below. It relies heavily on a mix of social and financial factors: liquidity, volume, casters, casts, holders, etc.

headmaster @duneanalytics, previously mirror and consensys

Here are some of the social and financial metrics I used to calculate these scores - there was a lot of data engineering that went into cleaning these up!

You can find the full dashboard and article with these charts below. This research was done in partnership with @archetype, where I'm helping out as a research advisor.

You can find the full dashboard and article with these charts below. This research was done in partnership with @archetype, where I'm helping out as a research advisor.

https://dune.com/ilemi/social-memecoins

https://read.cryptodatabytes.com/p/a-social-and-financial-study-of-memecoins

This is really great! Thanks for sharing. And to you I share my lavish daily allocation:

41 $DEGEN

This is some incredible work by the Dune headmaster.

1201 $DEGEN

Getting /better
Crypto class of '17-FID 7012-⚔️ Web3 🖼️Art 🧑‍🎓 AI

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this is an amazing work! I'll def use it for a new article I'm writing on tokens, thx for building this dashboard!  

4000 $degen

job: token analyst/trader. interests: football, sports, outdoors, growth, econ, investing, chess.

Thanks! Yeah it was pretty interesting to see it come together. And this is with logarithms attached so in reality the distance between tokens is much larger.

994 $degen

Absolutely love how this takes very noisy memes in a spam overloaded social setting, compiles it via data analysis & it becomes easy to digest!

/new-york by day 🗽 /latenightcrew by night :) Fan of eating tacos and bringing people together, often at the same time 🌮 oh and /untzuntz 😈

Yup I recognize that! Unfortunately its hard to add in a mapping of associated symbols. And just checking for “higher” (or any of these) leads to a lot of false positives. 

I’ll think of ways around this in the future.

I actually found a way around it. so symbols are now included!

Really cool analysis!

One thing to note about higher: most folks refer to the token using “↑higher” and the overall project with just “higher” or “↑”

Would be great to factor that into the social score if possible

Chronically degening onchain | Home Staker $GNO

10000 $NOGS

As said on X, thanks for this dashboard and analysis so here some Nogs ⌐◨-◨

Shouldn't the ratios of FDV somehow follow a natural progression, e.g., Fibonacci or whatever?

Founder /kiwi-news, a decentralized Hacker News

Hmm, surprisingly no. Some memecoins have really high supply lol

𝖒𝖆𝖓𝖉𝖆𝖙𝖚𝖒 𝖆𝖉 𝖆𝖘𝖙𝖗𝖆

Yeah thats a bit hard to tease out because of mixes in safes and liquidity pools. Am thinking more on it.

wrt the financial score, were you able to to spot any notable distinctions between holder distributions? which ones are close to top 20% holding 80%?

GOAT as always! 💙 1000 $DEGEN 👽 $GLOOM

Super interesting analysis.

6900 $NOGS ⌐◨-◨

This is amazing! Bookmarked it. 500 $DEGEN

this will go into textbooks! can’t wait to dig in

100 $degen