The retarded trend is storming the leading board of meme coins.
A wave of meme coins embracing the off-color “retarded” theme is inundating the cryptocurrency market, leveraging internet slang and bad joke humor to drive hyperbole-driven returns. Offensively named coins are leveraging the anarchic potential of the meme group, one part of a larger phenomenon of irreverent meme coins that thrive on shock value and goofiness.
At the front of the pack is Retard Finder Coin (RFC) with contract address C3DwDjT17gDvvCYC2nsdGHxDHVmQRdhKfpAdqQ29pump on Solana. RFC has grown to a market capitalization of $94.4 million, backed by $13.1 million of trading volume in the past 24 hours, fueled by its viral story of a tweet by Elon Musk mentioning @IfindRetards. Next is RETARD FRENS (FRENS) at AVrnCwrqicMd5YAxrNtB9aR6KiDygRh8SMa5wxDdpump, with a lower market capitalization of $182,000 but a decent $1.3 million of trading volume in the past 24 hours, highlighting a theme of an attitude of the people. Ethereum Maxi (ETHARD) at E4qzn7o7P5SR13Sd1X1JKiw6yBGXVPat6
Retarded Dog Coin (RDC) at FS5RzharJL468MrhUtbriuJwjvQNWF72GYksSoz5pump, with a market cap of $1.6 million and 24-hour trade volume of $6.9 million, gives a dog-themed twist to the trend, following the lead of Dogecoin. Retard Finance (ReFi) at 3Ksxijyb1vgCE6hvxqGejdRrQnSTKMXKDSMKki8Apump, taking a satirical jab at decentralized finance, boasts a market cap of $2.1 million with a trade volume of $3.2 million. Last but not least, Intelligent Quant (IQ) at 3ytXJrA8CNDt6mXfL2uSMrs2qiTmSwSprYhagiKLpump, named ironically to make fun of “smart” trading, has a market cap of $95,000 and 24-hour trade volume of $1.3 million.
These coins share one thing in common: using edgy terminology to tap into internet humor, markets that exist in the realm of shock and surreality. It is in line with other edgy meme coin phenomena, including the NSFW Bitcoin derivatives, where coins like Buttcoin saw triple-digit returns. Exchanging on Solana-based decentralized exchanges like Raydium, “retarded” meme coins capitalize on the speed and low costs of the blockchain, and are snapped up by traders fascinated by the coins’ edgy nomenclature.
The “retarded” meme coin phenomenon caters to the market’s thirst for humor and scandal, and outside-the-box stories generate enormous momentum. Led by RFC, worth a market capitalization of $94.4 million, this phenomenon proves the might of internet memes in fueling speculative appreciation in the crazy world of cryptocurrencies.
