Degen Meme Calls Weekly Roundup: Solana Goes Supernova — BONK Burns, Musk Moves, and Meme Manias
Market Mood & Sentiment: A Meme Supercycle in Full Swing
It’s officially FOMO season in meme land, and Solana’s ecosystem is ground zero for degen energy. BONK, the OG Solana meme coin, is about to burn a historic 1 trillion tokens as its on-chain holder count creeps over 950,000—closing in fast on the 1 million milestone. The community is buzzing hard, and the burn event is being hyped as possibly the biggest ever in meme coin history. Anticipation has propelled BONK up over 50% in a week, with social feeds lighting up in anticipation of even higher highs if ETF speculation—centered on a rumored 2x leveraged product—proves true. The token has already deflated over 12 trillion tokens since launch, and with over $7M in daily trading volume and $1B+ market cap, BONK isn’t just leading Solana memes, but the entire meme market narrative.
Meanwhile, the power of viral moments was on full display again. When Elon Musk dropped a tweet about “Peanut the Squirrel” ($PNUT), the resulting surge was wild. Despite PNUT having zero utility and no roadmap, it shot to a $130 million market cap in three days, trading volume exploded past $214M in 24 hours, and whales gobbled up fresh bags—all on nothing but social hype and a sprinkle of Musk magic. TikTok continues to be a launchpad for meme coin virality too, powering coins like $POPCAT and others into the mainstream spotlight with meme videos, FOMO warnings, and influencer shills.
But maybe the most mind-bending move yet: Bonk, Inc. (formerly Safety Shot, Inc.) went full degen by rebranding and becoming the first meme coin-linked company to trade on Nasdaq (BNKK). Their new mission? Bag 5% of all BONK token supply by end of year, with a treasury already holding $115M worth, and funneling in launchpad revenue to keep buying more. Despite wild Nasdaq stock price swings (down 27%, then up 37%, all in days), the corporate tie-in represents the fusion of meme coin culture and traditional finance—YOLO meets Wall Street.
Put together, this all sets the mood: memecoins are in a full-on mania, driven by hype, social virality, and a sense that anything can pump with the right meme magic.
Biggest Gainers & Wild Price Moves
This week’s leaderboard churned with some insane moves. USELESS coin exploded to a $378M market cap, flipping several competitors and even leading Solana meme tokens in Coinbase trading volume. Price soared 40.61% in a week, with $150M+ single-day volume and a record $1.25B in 30-day trades—proving that “waste” can literally moon with enough degen energy.
Popcat (POPCAT) and Launchcoin loaded the Solana hype train, with Launchcoin pumping a massive 40% on the week and Popcat stacking a 10% pop. Both showed classic pump-and-dump cycles, with whales and TikTok fueling wild volatility. The Binance.US listing for POPCAT triggered a fast rally and post-listing whipsaws, with prices ranging between $0.15–$0.56 and spiking trading volumes.
Snorter ($SNORT) presale drew in over $4.7M as Solana’s meme momentum attracted speculators looking for the next 10x. With less than five days left before its launch, SNORT hyped up the copy-trading, bot, and meme sniping features that make it more than just another JPEG-token.
Milk Mocha’s HUGS became the degen favorite for next-100x memes, with presale stages filling up, staking at 50% APY, and weekly burn events promising mega gains for early holders. The cuteness factor is real, but so’s the hype: early stage buyers could bank 200x+ paper gains.
Peanut the Squirrel (PNUT) hit the top of trending Solana memes after Musk’s mention, proving again that utility means nothing if you’ve got the right social tailwind. Trading volume soared 80% post-mention, with a $211–$224M market cap even after the initial pump cooled.
Solfart (SOLF) bagged a BitStorage CEX listing after launching as an SPL/ERC-20 hybrid, with buyers chasing projected 740% presale-to-listing gains. And Super Pepe crashed onto the scene, joining the “get rich in presale” meme as speculators ape into anything with a familiar frog face.
Whale Activity & Exchange Listings
Whales were back at it, with giant moves setting the tone for the week. UseLess coin’s pump was flat-out driven by “smart money” stacking and holding through the volatility, as on-chain data showed more buys than sells among big-wallet addresses. For BONK, Inc., treasury accumulation is on a whole new level—publicly aiming to buy up 5% of the supply, one carefully timed CEX dip at a time.
POPCAT’s post-Binance US listing saw major whale activity, with outsized buys immediately after news hit the wire. PNUT, meanwhile, attracted a handful of big swaps as soon as Musk tweeted, with one trader snagging nearly $850K in a single bite. The result? Sudden price spikes and liquidity crunches all week. With meme coin markets so thin, a single whale can launch (or nuke) a token’s short-term fortune.
Fresh Launches, Presales & Hype Plays
This week was a playground for new launches and blinding-fast presales. Solaxy ($SOLX) absolutely rocked it as Solana’s first Layer-2 meme chain presale, barrelling over $27M (now $43.8M+) raised and stacking whale orders ($200K buys for 115M tokens). The technical pitch: fix Solana’s congestion by batching meme coin feeding frenzies into faster, cheaper transactions. Investors loved both the infra play and the meme beta—staking APR hitting 92–149%.
Pump.fun showed up big, processing nearly 12 million meme coin launches with its bond curve mechanics and no developer code needed. The PUMP token itself surged 30% this week as the platform captured up to 80% of the Solana meme coin market share at its peak. The result? Madcap innovation, new coins every hour, and a full-on gold rush for degen trading.
Super Pepe and Snorter both stoked speculative flames as presales netted millions. SNORT tried to stand out with its Solana-based trading bot and copy-trading hooks, while Super Pepe just went hard on the meme—”meme native, designed to go viral,” say the marketers.
Milk & Mocha HUGS built a real ecosystem around its presale, with NFTs, staking, governance, and even a play-to-earn meta. As always, the lines between real tech and pure meme get blurrier by the day.
Tools & Platforms Update: The Pump.fun Effect and Meme-Centric Innovation
Pump.fun stole the show with its no-code, frictionless launch flow, helping everyone from first-timers to serial meme creators deploy their own coins. Its platform is responsible for a market-bending share of Solana meme coin launches, and the recent surge boosted PUMP’s own token with $1.33M in revenue logged just this week. The ease of use and fair launch mechanics (no premines, team allocations blocked) continue to fuel the never-ending parade of new coins and copycat trends.
The LUNA launchpad went viral with meme tutorials and got the herd hyped for launching with zero code or technical background. At the same time, degen trading bots—like the one bundled into Snorter—are giving meme traders tools to snipe, copy whales, and dodge rugs with one-click, leveling-up the arms race.
Final Outlook: Degens Gonna Degen — But Who Wins?
This week proved meme coins are more than a joke—they’re a movement rewiring how hype, tech, and finance collide. Solana’s meme economy feels unstoppable right now, but with so much money (and so little utility), the risk of epic rugs, forgotten coins, and whale dumps is ever-present. Communities flip from FOMO to FUD in a tweet, a TikTok, or a Discord raid.
Still, this is the time for new degens to learn: watch the whales, ride the trends, and never bet more than you’re willing to set on fire. The line between a hundred-x legend and tomorrow’s bagholder is razor thin, but the laughs, memes, and FOMO are always free.
Stay memed. Stay degen. The madness continues next week!
