RND surges, another spring for Meme?

Since Animal Coin brought a wave of Meme craze in May 2021, "Meme culture" has been blowing every once in a while. From Dogecoin to SHIB to LOWB and then to the domestic conscience NFT that was popular some time ago, the Meme model has opened up another wealth code of encryption with its "easy to understand and down-to-earth" mode.

Just recently, a new project Random (RND) by a 12-year-old elementary school student once again set off a "Meme craze" and caused a sensation in the crypto community.

12-year-old prodigy RND goes viral

On February 6, a 12-year-old primary school student caused widespread discussion in the crypto community. He posted a video tutorial on smart contracts on Bilibili. According to the video, his name is Huang Zheng, and he is still a primary school student. Huang Zheng said that he deployed a smart contract on the Ethereum chain at the end of January. Now this course is based on the entire process of deploying this smart contract. The course will introduce in detail the creation, deployment, testing, release and subsequent series of contents of smart contracts. I hope everyone can learn how to create a smart contract from this course. However, the video has been deleted.

Although Huang Zheng has repeatedly emphasized that he is just an elementary school student and hopes to learn and improve with everyone, his strength should not be underestimated.

Huang Zheng started learning programming 6 years ago and came into contact with the solidity language in the second half of 2021. Out of interest in solidity, Huang Zheng created the RND token on the Ethereum chain through self-study and deployed a smart contract. RND has no private placement and directly airdropped to 100,000 users. Such a large airdrop attracted people to join in, and it became popular in the crypto circle for a while. Many people expect Huang Zheng to become the next Vitalik Buterin.

It is understood that the full name of the RND project is TheRandomDao. The official website of TheRandomDao is very concise, with only a few sentences of relevant introduction. According to the official website information, a total of 37.8 trillion RND tokens were issued, of which 12% were left to Huang Zheng's parents to thank them for their dedication and love in the past 12 years. In addition, 38% will be used for liquidity mining, and the remaining 50% will be airdropped to 101,010 people. The airdrop has ended. The airdrop must be claimed within 1 year, and unclaimed tokens after 1 year will be directly destroyed.

RND official website: http://therandomdao.com/

It is worth mentioning that RND tokens are only used as demonstrations in Solidity programming teaching videos and have no other value. Based on this, many people believe that RND is also a "Meme coin" and that "Meme culture no longer uses animal names as self-deprecating labels, but has opened up a new way, a Meme culture that does not care about interests and follows one's heart."

Will RND become the next Shib?

There is no doubt that the RND token issued by Huang Zheng has a Meme model. Although Meme coins are very popular at present, they have always been widely criticized as meaningless and worthless air coins. Their prices can soar rapidly, usually driven by giant whales or countless retail investors. The prices have no real support, and when there is no profit, they will naturally collapse.

When it comes to Meme coins, investors still have the impression that they are just hype coins. Shib is the most successful coin after the hype. So, will RND token, the hottest project represented by Meme, become the next Shib?

Regarding the RND token, Huang Zheng himself tweeted that RND has no actual value and is only used as a demonstration in Solidity programming teaching videos. He also called for people not to speculate on the buying and selling of RND.

As soon as the news came out, two voices immediately emerged in the community.

Some people say that RND itself is a DAO, with no private or public offerings, and no ICOs or IEOs. It just allows everyone to get a free lunch for free. Overall, this is a real DAO, something that a group of people think is valuable.

Of course, some people also said that Huang Zheng can no longer control what the community will do next, and the community is demonstrating the process of how to make RND become Shib.

According to the current situation, RND is still popular and has attracted the participation of many crypto celebrities. It is natural to use the hype of the existing community. Since the contract of RandomDAO is open source, RND may also derive various project branches under the community autonomy. The development of RandomDAO may go against what Huang Zheng hopes.

But when it comes to replicating Shib’s success, it is not an easy task. Therefore, RND may not become the next Shib, but another special existence in Meme culture.

Final Thoughts

Currently, the RandomDAO community is in a strong FOMO mood, and Meme coins are generally more volatile. We would like to remind everyone to pay attention to risk control.

According to Coingecko data, the RND token has seen its highest increase since its launch, exceeding 70%. However, it is worth noting that after Huang Zheng tweeted that RND has no actual value, the token price showed a clear downward trend, falling by 6.4% within an hour.

It is hard to imagine that this is the result of a 12-year-old child. The cryptocurrency world is a place where miracles can happen at any time. Investors may enter the market because they are optimistic about the hype potential of RND, but no matter what the reason for entering the market is, we have to admit that the RandomDAO project has brought another spring to Meme.

There are many supporting factors for the current RND project. For example, the background of the project founder is completely transparent, he has 6 years of coding experience and can teach smart contract knowledge in Chinese and English. Another example is that the project theme of RandomDAO itself is unprecedented, which is enough to attract the attention of most investors.

In this way, the subsequent development of RND is indeed worthy of continued attention. Finally, I would like to ask everyone a question, what did you do when you were 12 years old?