Meme Coin Weekly Recap: Last week, once again, the world of meme coins proved to be full of volatility, with significant controversies, market fluctuations, and ever-growing fanfare. From unexpected celebrity endorsements of meme coins to the surge of AI-powered meme tokens, the space continues to showcase its unpredictability but undeniable excitement.
Meme Coin Weekly Recap
Mira Dad’s Public Apology
Siqi Chen, the creator of the MIRA token, issued a public apology after an experiment with a test token called ZERO spiraled out of control. Launched on Pump.fun as a satirical token described as destined for worthlessness, ZERO still attracted buyers.
Chen confessed to panic-selling 40% of the token’s supply, netting 444 SOL in profits, only to later repurchase and burn the tokens. Recognizing the turmoil caused, he vowed to compensate wallets that incurred losses during the incident.
Chen’s actions highlight the risks in the meme coin space, where speculative fervor often overshadows warnings and intentional disclaimers.
Kekius Maximus Coin Surges by 900%
Elon Musk, an endless wellspring of meme coin news, had struck again. Elon Musk recently caused a significant stir in the markets by altering his X (formerly Twitter) profile name to “Kekius Maximus” and updating his profile picture to the iconic Pepe the Frog. In doing so, Musk inadvertently sent a namesake meme coin flying by over 900%.
The name, a playful blend of “kek” and “Maximus Decimus Meridius” from Gladiator, resonated with enthusiasts of meme coins. The coin’s meteoric rise demonstrates the influence of high-profile endorsements—even unintentional ones – on the volatile meme coin market.
Vitalik Buterin’s Moo Deng Sponsorship
Ethereum co-founder Vitalik Buterin surprised many by adopting Moo Deng, a viral hippo from Thailand’s Khao Kheow Open Zoo. Moo Deng rose to internet fame in September 2024, inspiring the creation of the MOODENG meme coin, which skyrocketed in value following the announcement.
Buterin himself donated 10 million Thai baht, or approximately 88 ETH, valued at around $292,000, which would get Moo Deng and her family set for the next couple of years. The move not only showed the more philanthropic side of Buterin himself but gave a good morale boost to MOODENG holders, its price experiencing a modest uptrend.
Meme Coin Charts: 7-Day Insights
Biggest Gainers
- Ai16z (AI16Z): +115.55%
AI-driven meme coins remain hot commodities. Ai16z’s growth reflects the heightened interest in AI agents and their utility within decentralized finance. - Gigachad (GIGA): +19.74%
This token continues to solidify its position as a community favorite, leveraging humor and relatable memes to maintain momentum. - Goatseus Maximus (GOAT): +5.21%
Riding on the coattails of Musk’s “Maximus” trend, GOAT posted modest but consistent gains. - SPX6900 (SPX): +4.60%
The Ethereum-based meme token gained traction for challenging traditional finance systems, resonating with the crypto community. - Pepe (PEPE): +1%
Despite its slow week, Pepe remains a staple in the meme coin universe, benefiting from Musk’s nod to the iconic frog.
Biggest Losers
- Popcat (POPCAT): -21.93%
The token struggled amid waning interest, shedding significant value as investors shifted focus elsewhere. - Brett (BRETT): -19.23%
With no major updates or developments, BRETT faced a sharp decline in trading activity. - Turbo (T|URBO): -18.77%
Once a promising contender, Turbo faltered this week due to profit-taking and reduced hype. - Dog (DOG): -16.67%
Even meme coins tied to dogs, typically favorites in this category, couldn’t escape a market dip. - Fartcoin (FARTCOIN): -15.06%
Despite its comedic appeal, Fartcoin’s lack of real utility led to a noticeable drop.
Meme Coins by Blockchain
Solana Memes
- WOULD: Up by 345%, this token asks a simple yet engaging question: “Would you?” The playful narrative resonated with investors, sparking a rally.
- ELIZA: Up 223%, this meme coin capitalized on pop culture references and quirky late-night antics, cementing its place as a fan favorite on Solana.
Ethereum Memes
- SPX6900: A rise of nearly 9% as it continues its crusade against traditional finance (TradFi), positioning itself as a disruptor.
- PEPE: Up about 7%, Pepe capitalized on Musk’s latest antics, further solidifying its status as a cultural phenomenon.
Tron Memes
- Sugar Boy: Spiked by 30%, claiming dominance in the meme coin niche.
- Justin Sun Meets Eliza Labs: Tron’s meme ecosystem saw a boost in sentiment following this high-profile interaction. Despite growth, most Tron-based meme coins remain highly speculative due to their relatively low market caps.
SUI Memes
- TARDI: Up 38%, thanks to an announcement of an airdrop to SuiPlay users. The reward mechanism attracted fresh attention.
Base
- MOEW: On a moon mission, surging 330% as the MOEW army continues to grow in numbers and enthusiasm.
- SIMMI: Surged by 91%, riding the wave of speculative interest while proclaiming, “The future isn’t human.”
- Akuma Inu: Up 37%, maintaining steady growth and climbing the meme coin ladder.
Bitcoin Runes
- Bitcoin Wizard (WZRD): Announced plans to migrate from the BRC-20 standard to Bitcoin Runes, sparking excitement.
- AIXBT: Amid controversy, this token shilled DOG while warning against RSIC, which it labeled as a potential rug pull.
The market for meme coins keeps being one of the most volatile yet hugely entertaining parts of the entire cryptocurrency ecosystem. From AI-powered trends to surprise celebrity endorsements, this week has just proved how really unpredictable this particular space is.
Moving into the next week, investors and lovers of memes alike can expect more surprises, yet keep their eyes on the possible risks moving forward in this ever-changing nook of the crypto world. Be it Kekius Maximus, Moo Deng, or AI agents taking the game to the next level, the meme coin space has proved a number of times it is here to stay and to entertain.
To stay updated with the latest trends and news on meme coins, visit MEVX today!