Meme coins climbed roughly 5% this week, even as geopolitical turmoil kept broader markets on edge.
Meme coins climbed roughly 5% this week, even as geopolitical turmoil kept broader markets on edge.
Meanwhile, Pump.fun, Solana’s top meme coin launchpad, rolled out another update to its revenue-sharing model as app revenue across the network sputtered.
Memes Grind Higher Despite Chop
Memes rose this week despite a turbulent market. Source: CoinMarketCap
The total meme coin market capitalization added more than $1.5 billion WoW, rising to almost $31.24 billion, even as ongoing conflict in the Middle East weighed on broader crypto markets.
Oil briefly climbed back above $100 as deadlocked U.S.-Iran peace negotiations fueled risk aversion.
On March 26, U.S. President Donald Trump urged Iran to “get serious soon” about negotiating an end to the war after Tehran reportedly rejected his proposed ceasefire plan.
TRUMP’s decline came despite the U.S. President rewarding the token’s largest holders with an invitation to an April 25 gala.
SIREN Steals the Spotlight
SIREN surged more than 130% WoW. Source: Sirenai.me
SIREN, an AI agent token on BNB Chain, was one of the meme sector’s biggest movers this week.
After briefly retracing to around $740 million, SIREN rebounded and currently trades at a market cap of over $1.4 billion, making it the fourth-largest meme coin by market cap.
Pump Tightens Fee Controls
Pump.fun has made further changes to its fee-sharing program. Source: X/Alon
Pump.fun has tightened its creator fee settings again, limiting token deployers to a single post-launch change in where fees are sent.
Coin creators can now redirect fees to a different wallet only once after launch, after which the setting is permanently locked.
Pump.fun co-founder Alon said the change is intended to reduce “griefing,” or shifting fee recipients after a token has already gained traction.
The move builds on a broader overhaul Pump.fun began earlier this year as it tries to rebalance incentives between token creators and traders.
Activity on Solana’s wider app layer has cooled sharply from last year’s highs.
That is roughly half of what the network’s apps earned during the final week of January, before a marketwide cooldown hit trading activity.
Pump.fun remains Solana’s top-earning app, generating nearly $14 million in fees over the past seven days, according to DeFi Llama.
By the Numbers
Total Solana Ecosystem Market Cap: $31.24B
Source: CoinMarketCap
Top 5 Meme Coins by Market Cap:
- Dogecoin (DOGE): $15.15B
- Shiba Inu (SHIB): $3.50B
- MemeCore (M): $2.53B
- Siren (SIREN): $1.42B
- Pepe (PEPE): $1.42B
Source: CoinMarketCap
Most Visited Memes:
Source: CoinMarketCap
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