Meme coins continue to struggle, Pump.fun gets hit with another lawsuit, and many are starting to question the idea of a Meme Coin Supercycle.
TL;DR
- Flaunch.gg launchpad offers 100% fee revenue to developers
- The meme coin market cap dropped by 28%
- Pump.fun facing another class action lawsuit
- Elon Musk’s father goes degen
- Ross Ulbricht-linked wallets lose $12M
Meme Coin Snaps
- Meme coins continue to struggle, Pump.fun gets hit with another lawsuit, and many are starting to question the idea of a Meme Coin Supercycle.
- Like father like son, Elon Musk’s father Errol Musk steps into the degen arena.
- An innovative new launchpad, Flaunch.gg, arrived on the scene, where developers get 100% of the fees and early losses are prevented.
7-Day Meme Coin Market Snapshot
With the Trump tariffs shock and other dominating FUD headlines, as well as a controversy brewing around market makers’ orchestrated dumps which took Ethereum as low as $2K before rebounding, the overall meme coin market cap went over the cliff. It crashed from $92.40 billion to $72.30 billion with a loss of almost 28% during one of crypto’s worst weeks ever, which saw between $2 billion and $8 billion in liquidations.
Most of the top meme coins went sideways and only FU defied the trend.
No, FU!!!
Source: CoinMarketCap
All the crypto majors, Bitcoin, Ethereum, Solana and XRP, dropped in value over the last week. Wasn’t Trump supposed to pump our bags? It seems he has a nasty new surprise each week for us, but it’s still early days.
Source: CoinMarketCap
Meme Coin Market vs Other Crypto Sectors
DeFiLlama's Narrative Tracker looked like the Red Sea over the last seven days. Can someone please call Moses? We need some magic. At least we outperformed NFTs!
The 30-day trajectory continued its decline and is down almost 30%. B.R.U.T.A.L.
Source: DeFiLlama
Top 20 Meme Coin Leaderboard
The top meme coins got REKT but perennial coin printer Pump.fun does not care and posts another record revenue score for January.
Meme Coin Charts: 7-Day Insights
Many people were calling PAIN a rug, but did the team just pull off a masterclass on how to launch a token and create massive hype? The cope is real.
Biggest Decliners
- Ai16z (AI16Z): -45.15%
- SPX6900 (SPX): -39.67%
- Notcoin (NOT): -36.20%
- Gigachad (GIGA): -35.40%
- Brett (BRETT): -34.19%
Meme Coins by Chain
Solana Memes
- Act I: The AI Prophecy (ACT) surges by 35% and partners with Unicorn Verse.
- dogwifhat (WIF) is down 82% from its ATH. Should we rename it to doglosthat?
Ethereum Memes
- Amaterasu Omikami (OMIKAMI) rises by 10% while on the final journey for "teh" people.
- Dogelon Mars (ELON) is up 3% and claims it is the King of Coins.
Tron Memes
- Fofar (FOFAR) gains 6% while they stay locked in.
Most Tron meme coins have low market caps compared to tokens on chains like Ethereum and Solana, so they are extremely risky until proven otherwise—no matter what Senor Sun sez.
SUI Memes
- Tardi (TARDI) soars by 60% and has a community rewards program. Wait, I think I hold some of this that I forgot to dump, BRB.
- AXOL (AXOL) gains 8% while their vibes are electric.
Most SUI meme coins have low market caps compared to tokens on chains like Ethereum and Solana, so that’s either an opportunity or a hell no depending on your risk tolerance and, ahem, remaining funds.
Base
- Ski Mask Dog (SKI) is up 3% and the mask stays on.
Bitcoin Runes
- All top Rune tokens are down bad!
Most Bitcoin Runes have low market caps compared to tokens on chains like Ethereum and Solana, so be careful or you’ll be calling them Ruin tokens.
Meme Coin News
Pump.fun Hit With Lawsuit
Pump.fun is facing another class action lawsuit which alleges it has earned nearly $500 million in fees while violating U.S. securities laws.
The lawsuit names U.K.-registered Baton Corporation, Pump.fun’s alleged operator, along with co-founders Alon Cohen, Dylan Kerler, and Noah Tweedale. Good luck finding these guys’ doxxed Twitter accounts.
Elon Musk’s Dad Plans $200M Raise
The Musk It (MUSKIT) token was launched by a Middle Eastern crypto firm on Dec. 12, 2024, but has struggled to gain traction, losing over 52% of its value since launch.
Errol Musk, father of Elon Musk, plans to raise $200 million through the meme coin to support his for-profit scientific think tank, the Musk Institute, focused on advancing projects like flying vehicles.
Ross Ulbricht-Tied Wallets Lose $12M
Crypto wallets linked to Ross Ulbricht lost $12 million due to a trading error involving a fan-made meme coin called ROSS, reports blockchain analytics firm Arkham Intelligence.
The mistake occurred when Ulbricht or someone operating his wallets mispriced liquidity while setting up a trading pool on the decentralized exchange (DEX) Raydium.
A similar error was repeated, leading to another $10.5 million loss, or roughly 35% of the supply. So, ROSS took a massive hit, dropping 90%.
Is Flaunch.gg the Next Pump.fun Killer?
Flaunch.gg, a new launchpad on the Base Network powered by Uniswap V4, is giving 100% of its fees to developers. The platform also has an automated buyback system and a structured launch process to prevent immediate sell-offs.
Ownership of revenue streams is decentralized and tokenized as an NFT, which can be transferred between wallets.
Flaunch.gg also introduces a 30-minute no-sell rule to prevent early dumps, ensuring fair launches where all buyers receive the same price. Once this phase ends, the token moves into price discovery mode.
What Can You Do Next?
- Keep an eye on the new launchpad Flaunch.gg—it could be huge if they pull it off.
- Find out about the laws and regulations in your countries.
- Meme coins are extremely volatile. Make sure to have a diversified portfolio.
- Consider reinvesting some profits into safer crypto tokens or stables.
- Be careful of launches where celebrities or their related wallets are involved
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