Luigi Skyrockets 500x, APPLE Whales In with 40M, and Solana Sees Another Gold Dog on-chain | What Memes Are Hot Today?
Today, most mainstream cryptocurrencies are generally down, and market sentiment is somewhat subdued. However, on-chain transactions have not decreased significantly. Instead, several tokens worth paying attention to are quietly rising, attracting a lot of investor interest.
Lately, many popular tokens on the Solana leaderboard have been closely tied to social trends, especially as the hype from social platforms like TikTok continues to expand into the meme coin space. For example, the token based on a college student assassination case background, Luigi, surged to a market capitalization of 63.8 million US dollars in the early hours today, marking an increase of nearly 494 times. Similarly, the APPLE token based on the concept of an "apple-loving dog" has rapidly gained popularity on TikTok, drawing significant attention. Additionally, tokens related to AI and applications are also gaining heat, competing with these meme coins and collectively becoming the market focus.
TikTok Concept
Luigi
In the early hours today, Luigi token's explosive growth contrasted sharply with the overall market decline. This token is based on a social news background. The story behind it involves a 26-year-old man named Luigi Mangione, who was arrested by the police in a McDonald's in Altoona, Pennsylvania, for allegedly assassinating UnitedHealthcare CEO Brian Thompson. At that time, an employee recognized him from his wanted photo and alerted the authorities.
What's most surprising is that Mangione is a graduate from an Ivy League school from an affluent family and holds a bachelor's and master's degree in Computer Science from the University of Pennsylvania. Netizens believe that this incident is not just a murder case; it also involves profound societal issues across various aspects, including economic inequality, educational background, and mental health. Its popularity on TikTok is particularly high. The case has sparked widespread discussions in various media outlets, with everyone closely following the latest developments.
The peak market capitalization of the Luigi token reached 63.8 million US dollars, with a maximum surge of nearly 494 times. Despite some retracement, the overall trend is still upward, with significant market interest and trading volume.

Highest Market Cap: 63.18M
Current Market Cap: 42.49M
24h Trading Volume: 139.3M
High Profit on buy at today 12AM (GMT+8): 49400%; Current Profit 2252.94%

APPLE
The APPLE token originates from a viral TikTok video of a dog enjoying an apple. The short video of the dog quickly became popular on TikTok, surpassing 170 million views on December 8. Behind it lies a strong community effect, especially combining AI, the TikTok trend, Christmas marketing, and dogecoin culture in a comprehensive project, with great potential and hype space.
The token's surge began with its launch on December 4, initially receiving a lukewarm market response. However, it wasn't until Sunday afternoon that the price started to rapidly rise, reaching a peak market cap of $48.64 million before experiencing a pullback.
Netizens generally believe that the APPLE token is the next "chillguy" and "moodeng," both of which have also rapidly gained popularity on TikTok, becoming hot tokens. In addition, well-known investor Marc Andreessen also tweeted that this dog is a "good boy," further boosting the hype around the APPLE token.

Peak Market Cap: $48.64M
Current Market Cap: $20.46M
24h Trading Volume: $49.1M
Today's Highest Profit from 12AM (GMT+8) Buy: 140.00%; Current Profit 5.50%

$DAGO
The $DAGO token is centered around the classic Disney character, Scrooge McDuck, who is depicted in the comics as the richest duck in the world, with a particularly large global fanbase. Leveraging the influence of TikTok and Telegram, this token has become a hot topic on current social media, especially the trend on TikTok driving its exposure. The DAGO token's market cap soared to $10.21 million but later experienced a pullback, with the current market cap at $2.33 million. Nevertheless, the current market frenzy surrounding the token is still significant.

Peak Market Cap: $10.21M
Current Market Cap: $2.91M
24h Trading Volume: 25.9M
Today's Highest Buy Profit at 12AM (GMT+8): 29.69%; Current Profit: -54.69%

Application Category
JAIL
Jail is an open-source decentralized application where users can test AI models and discover potential vulnerabilities. If you successfully find a vulnerability and "jailbreak" it, you will receive a reward from the platform, jokingly referred to as "human rebellion against AI."
This project was very popular right from its weekend launch, reaching a moonshot3 shortly after creation, with a market cap exceeding $20 million. Within less than a day of launch, the market cap peaked at $20.92 million, but has now dropped to $8.37 million. Interestingly, the Jail token did not receive much attention from most VC firms; instead, it garnered more interest from key opinion leaders (KOLs) in the primary market and the community. This characteristic led netizens to believe that it relies more on community support for its growth.
Jail token's 24-hour trading data shows that today's highest profit reached 12.03% at one point, but the current ROI is -46.20%, indicating significant market volatility.

Highest Market Cap: 20.92M
Current Market Cap: 8.37M
24h Trading Volume: 36.4M
Today's Highest Buy Profit at 12AM (GMT+8): 12.03%; Current Profit: -46.20%

MIKO AI
The MIKO token is closely tied to virtual girlfriend culture, with the concept being "Your kawaii virtual girlfriend as the ultimate partner in everything," combining famous anime characters with AI concepts. Leveraging the appeal of anime and otaku culture, MIKO has successfully attracted a large number of male otaku fans. It has also capitalized on the trendiness of AI technology and TikTok.
MIKO's token saw a breakout yesterday around 9 PM, with the token skyrocketing 100x shortly after launch, reaching a market cap of $59.34 million. Subsequently, the token price has maintained high levels, forming a typical right-angled candlestick pattern, demonstrating strong market support.

Market Cap: 59.34M
Current Cap: 51.73M
24h Trading Volume: 27.9M
Today's Highest Profit from 12AM (GMT+8): 63.38%; Current Profit 29.58%

SORAI
The SORAI token is built around an AI-generated image of a little girl, with speculation from the community linking it to OpenAI's video-generating AI project "Sora." Although the $SORAI website only provides relevant data without further information, its unique background and potential have garnered significant attention, leading to increasing popularity and relatively good trading volume. The token experienced explosive growth after its launch, reaching a peak market cap of 3.52 million USD at one point, marking a 36x increase, followed by a quick pullback and significant volatility.

Market Cap: 3.52M
Current Cap: 1.32M
24h Trading Volume: 21.3M
Today's Highest Profit from 12AM (GMT+8): 3081.82%; Current Profit 1136.36%

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Sun Valley Releases 2025 Financial Report: Bitcoin Mining Revenue Reaches $670 Million, Accelerating Transformation to AI Infrastructure Platform
On March 16, 2026, in Dallas, Texas, USA, CanGu Company (New York Stock Exchange code: CANG, hereinafter referred to as "CanGu" or the "Company") today announced its unaudited financial performance for the fourth quarter and full year ended December 31, 2025. As a btc-42">bitcoin mining enterprise relying on a globally operated layout and dedicated to building an integrated energy and AI computing power platform, CanGu is actively advancing its business transformation and infrastructure development.
• Financial Performance:
Total revenue for the full year 2025 was $688.1 million, with $179.5 million in the fourth quarter.
Bitcoin mining business revenue for the full year was $675.5 million, with $172.4 million in the fourth quarter.
Full-year adjusted EBITDA was $24.5 million, while the fourth quarter was -$156.3 million.
• Mining Operations and Costs:
A total of 6,594.6 bitcoins were mined throughout the year, averaging 18.07 bitcoins per day; of which 1,718.3 bitcoins were mined in the fourth quarter, averaging 18.68 bitcoins per day.
The average mining cost for the full year (excluding miner depreciation) was $79,707 per bitcoin, and for the fourth quarter, it was $84,552;
The all-in sustaining costs were $97,272 and $106,251 per bitcoin, respectively.
As of the end of December 2025, the company has cumulatively produced 7,528.4 bitcoins since entering the bitcoin mining business.
• Strategic Progress:
The company has completed the termination of the American Depositary Receipt (ADR) program and transitioned to a direct listing on the NYSE to enhance information transparency and align with its strategic direction, with a long-term goal of expanding its investor base.
CEO Paul Yu stated: "2025 marked the company's first full year as a bitcoin mining enterprise, characterized by rapid execution and structural reshaping. We completed a comprehensive adjustment of our asset system and established a globally distributed mining network. Additionally, the company introduced a new management team, further strengthening our capabilities and competitive advantage in the digital asset and energy infrastructure space. The completion of the NYSE direct listing and USD pricing also signifies our transformation into a global AI infrastructure company."
"As we enter 2026, the company will continue to optimize its balance sheet structure and enhance operational efficiency and cost resilience through adjustments to the miner portfolio. At the same time, we are advancing our strategic transformation into an AI infrastructure provider. Leveraging EcoHash, we will utilize our capabilities in scalable computing power and energy networks to provide cost-effective AI inference solutions. The relevant site transformations and product development are progressing simultaneously, and the company is well-positioned to sustain its execution in the new phase."
The company's Chief Financial Officer, Michael Zhang, stated: "By 2025, the company is expected to achieve significant revenue growth through its scaled mining operations. Despite recording a net loss of $452.8 million from ongoing operations, mainly due to one-time transformation costs and market-driven fair value adjustments, the company, from a financial perspective, will reduce its leverage, optimize its Bitcoin reserve strategy and liquidity management, introduce new capital to strengthen its financial position, and seize investment opportunities in high-potential areas such as AI infrastructure while navigating market volatility."
The total revenue for the fourth quarter was $1.795 billion. Of this, the Bitcoin mining business contributed $1.724 billion in revenue, generating 1,718.3 Bitcoins during the quarter. Revenue from the international automobile trading business was $4.8 million.
The total operating costs and expenses for the fourth quarter amounted to $4.56 billion, primarily attributed to expenses related to the Bitcoin mining business, as well as impairment of mining machines and fair value losses on Bitcoin collateral receivables.
This includes:
· Cost of Revenue (excluding depreciation): $1.553 billion
· Cost of Revenue (depreciation): $38.1 million
· Operating Expenses: $9.9 million (including related-party expenses of $1.1 million)
· Mining Machine Impairment Loss: $81.4 million
· Fair Value Loss on Bitcoin Collateral Receivables: $171.4 million
The operating loss for the fourth quarter was $276.6 million, a significant increase from a loss of $0.7 million in the same period of 2024, primarily due to the downward trend in Bitcoin prices.
The net loss from ongoing operations was $285 million, compared to a net profit of $2.4 million in the same period last year.
The adjusted EBITDA was -$156.3 million, compared to $2.4 million in the same period last year.
The total revenue for the full year was $6.881 billion. Of this, the revenue from the Bitcoin mining business was $6.755 billion, with a total output of 6,594.6 Bitcoins for the year. Revenue from the international automobile trading business was $9.8 million.
The total annual operating costs and expenses amount to $1.1 billion.
Specifically, they include:
· Revenue Cost (excluding depreciation): $543.3 million
· Revenue Cost (depreciation): $116.6 million
· Operating Expenses: $28.9 million (including related-party expenses of $1.1 million)
· Miner Impairment Loss: $338.3 million
· Bitcoin Collateral Receivable Fair Value Change Loss: $96.5 million
The full-year operating loss is $437.1 million. The continuing operations net loss is $452.8 million, while in 2024, there was a net profit of $4.8 million.
The 2025 non-GAAP adjusted net profit is $24.5 million (compared to $5.7 million in 2024). This measure does not include share-based compensation expenses; refer to "Use of Non-GAAP Financial Measures" for details.
As of December 31, 2025, the company's key assets and liabilities are as follows:
· Cash and Cash Equivalents: $41.2 million
· Bitcoin Collateral Receivable (Non-current, related party): $663.0 million
· Miner Net Value: $248.7 million
· Long-Term Debt (related party): $557.6 million
In February 2026, the company sold 4,451 bitcoins and repaid a portion of related-party long-term debt to reduce financial leverage and optimize the asset-liability structure.
As per the stock repurchase plan disclosed on March 13, 2025, as of December 31, 2025, the company had repurchased a total of 890,155 shares of Class A common stock for approximately $1.2 million.

