TLDR:
- Milestone: WeChat Doge ($旺柴) has reached an all-time high (ATH) market cap of $3.87 million, with a current market cap of $3 million and a 24-hour trading volume of $10.1 million as of July 5, 2025.
- Narrative: Inspired by the WeChat doge emoji, a sarcastic staple in Chinese internet culture, $旺柴 harnesses the iconic Shiba Inu’s ironic charm, blending cultural resonance with Solana-based meme coin hype to captivate global investors.
WeChat Doge ($旺柴), with the contract address 83kGGSggYGP2ZEEyvX54SkZR1kFn84RgGCDyptbDbonk, has stormed the crypto scene, hitting an all-time high (ATH) market cap of $3.87 million, with a current market cap of $3 million and a robust 24-hour trading volume of $10.1 million as of July 5, 2025. $旺柴 is constructed on the Solana blockchain and takes its power from WeChat doge emoji, a cartoon Shiba Inu drawing straight from the global Doge meme, which is celebrated for sarcastic humor in Chinese internet culture. The meme coin is running on a viral wave of momentum, merging humor and cultural significance to craft a unique place in DeFi.
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The tale of $旺柴 is based on the WeChat doge emoji, launched in January 2020, which has become a hallmark of Chinese internet conversation. More than cuteness, the doge, predicated on Kabosu, the Shiba Inu on which Dogecoin was based, is a symbol of irony, often used to comment on or mock subtly, quite similar to the upside-down smiling face. On platforms like Weibo, users deploy it to signal dissent, as seen in comments like “Use a woman to comfort a potential criminal, it’s really worth it [doge]” on posts about China’s divorce cooling-off period. This cultural heft, amplified by 2021 trademark filings from tech giants like Tencent and ByteDance, per Caijing, has propelled $旺柴’s rise, with X users hailing it as “China’s meme coin king” and eyeing a $10 million market cap.
Built on Solana’s speedy and low-cost blockchain, $旺柴 boasts frictionless integration with wallets like Phantom and Solflare, enabling frictionless trading on decentralized exchanges. Its $10.1 million trading volume, nearly threefold its market capitalization, is a sign of high market demand, with X posts noting that “insane volume” and liquidity of around $25,000 despite being unverified on Solana’s token registry. The burned mint ensures no more tokens, heightening scarcity-driven hype. While mirroring Dogecoin’s $85 billion high in 2021, $旺柴’s association with the 旺柴 (Wàngchái) sticker pack, which means “prosperous柴,” lends it a uniquely Chinese advantage in the meme coin contest.
Read more meme coin narratives on the MevX Blog!
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