'Return of themes?'… Game, AI, meme, RWA coins continue to be newly listed

Minseung Kang

Summary

In the first week of October, major virtual asset exchanges listed new projects with various themes such as games, AI, meme, and RWA.
The industry said signs of theme rotation in the market are reappearing.
Analysis suggested that newly listed coins are dispersing investment demand through different narratives, diversifying trading flows.

In the first week of October, major virtual asset (cryptocurrency) exchanges saw new projects with various themes such as games, artificial intelligence (AI), memes, and RWA (real-world asset tokenization) being listed. Industry observers say signs of theme rotation in the market are reappearing.

Recently, domestic virtual asset exchanges began trading a number of new projects, including Superbus (SUPER), Orderly (ORDER), Falcon Finance (FF), Somnia (SOMI), Open Eden (EDEN), and Ape & Pepe (APEPE).

First, Superbus is a game-centric blockchain platform that integrates multiple web3 games, NFTs, and governance features. Orderly provides trading infrastructure that aggregates multi-chain liquidity into a single order book, and Falcon Finance is an on-chain liquidity protocol that issues the synthetic stablecoin USDf backed by collateral assets. Somnia is an Ethereum Virtual Machine (EVM)-compatible layer-1 blockchain capable of processing millions of transactions per second, specialized for building high-throughput dApps.

At the same time, Open Eden is an RWA project that tokenizes U.S. Treasuries on-chain and provides cash management solutions for institutional investors. Ape & Pepe is a community-centric token that combines Ape and Pepe meme cultures and has strengthened social and entertainment features.

Meanwhile, market analysis suggests that newly listed coins are dispersing investment demand through different narratives such as web3, DeFi, RWA, and memes, and that trading flows, which had been concentrated in specific sectors, are gradually diversifying.