TLDR:
- Milestone: The market capitalization of $PROPAGANDA reached a new all-time high of $3.14 million at a 24-hour trading value of $18.0 million on 27 May 2025.
- Narrative: The overall narrative of the token is to “Spread lies about this coin,” bringing speculation through false news like Alon development, Elon Musk support, Coinbase verified listings, a Dubai $100,000 investment, and a leveraged long by a Hyperliquid whale.
Spread lies about this coin ($PROPAGANDA), a meme token based on the Solana blockchain with contract address FMT9JbZ7DPSesSxM6vCnqYhwsG85cMeuMPvv5Cvrpump, has jumped its market capitalization to a record high of $3.14 million with a massive $18.0 million trading value within the past 24 hours as of May 27, 2025. The token’s popularity comes from a sassy narrative that calls out to the community to “Spread lies about this coin,” with misinformation
Check out the details of $PROPAGANDA on MevX now!
$PROPAGANDA’s history is a masterclass in artificially constructed hype. Among the falsehoods circulating are that the token was created by Alon, one of the co-founders of Pump.fun, and backed by Elon Musk, with no basis to back them. Another false rumor claims verified listings on Coinbase, a step that boosts a token’s value but has no basis. The group has also fostered a myth that $PROPAGANDA was invested in to the amount of $100,000 by Dubai, further fueling its credibility. Perhaps the most exciting falsehood is the “BREAKING” news that a Hyperliquid whale has opened a 20x leveraged $1 million long position, promising inside information that does not occur.
These unsubstantiated fictions have, nonetheless, fueled the token’s meteoric ascent. $3.14 million ATH market cap and $18.0 million trading volume prove the market’s hunger for narrative-driven speculation assets. Launched on Solana, a network renowned for speed and feelessness, $PROPAGANDA pushes the boundaries in a space where moments of virality and community engagement can push value exponentially.
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