The meme coin market’s rally was rejected.
TL;DR
- The meme coin market’s rally was rejected
- PumpSwap hit $10B in trading volume
- Trump's reciprocal tariffs shook the crypto market
- 9GAG has acquired Hong Kong-listed Howkingtech
- Top Base meme coins are all down in value
Meme Coin Snaps
- The meme coin sector was hit hard but PumpSwap defied gravity and continued to gain serious momentum.
- Liberation Day: Donald Trump announces more tariffs, sending the markets the wrong way again.
7-Day Meme Coin Market Snapshot
The meme coin market cap dropped almost 18%, declining from $57.15 billion to $46.99 billion just as we thought we were over the worst.
Despite the downturn, some meme coins posted impressive gains.
Source: CoinMarketCap
The crypto blue chips, Bitcoin, Ethereum, Solana, XRP and BNB, dropped in volatile action as Donald Trump signed an order for reciprocal tariffs.
Meme Coin Market vs Other Crypto Sectors
DeFiLlama's Narrative Tracker showed that memes were ranked 10th over the last seven days, sliding all the way from top spot. From hero to zero in one week!
The 30-day trajectory went down again but we are still above the lows made over the last month.
Source: DeFiLlama
Top 20 Meme Coin Leaderboard
It’s amazing how quickly the crypto market can change direction as the top meme coins now look like a war zone compared to last week’s sea of green.
Meme Coin Charts: 7-Day Insights
The meme coin sector’s party was hit by another Trump tornado, with MEW and WOULD trying their best to defend what's left of the trenches.
https://twitter.com/CramerTracker/status/1907544052796735684
Biggest Gainers
- cat in a dogs world (MEW): +13.49%
- would (WOULD): +9.36%
Top Decliners
- Popcat (POPCAT): -32.50%
- Pudgy Penguins (PENGU): -31.19%
- dogwifhat (WIF): -29.18%
- Fartcoin (FARTCOIN): -28.64%
- SPX6900 (SPX): -25.27%
Meme Coins by Chain
BSC Memes
- Test (TST) gained 10% as they continue testing robotics.
Solana Memes
- Cat in a dogs world (MEW) continued to meow the loudest and is up over 13%.
- Would (WOULD) rose almost 10%, but they would have probably hoped for more.
Ethereum Memes
- Pikaboss (PIKA) gained almost 5% on their mission to flip dogs and frogs.
Base Memes
Tron Memes
- Tron Bull (BULL) is up nearly 5%, but it has been on a downward trend since its peak, when every KOL and their dog jumped on the hype train.
Most of the Tron meme coins have low market caps so they are extremely risky.
Meme Coin News
Pump.fun Launches PumpFi
Pump.fun has introduced PumpFi, an on-chain lending platform that allows users to finance meme coin and NFT purchases by paying one-third upfront and the rest over 60 days. However, the platform does not conduct credit checks, raising questions about its risk management for undercollateralized loans.
To boost liquidity, PumpFi plans to establish a marketplace where lenders can trade debt. The launch comes after a slowdown in meme coin trading on Solana due to past scandals, but recent market stabilization could create new opportunities.
The best April Fools?
9GAG Takes Control of Howkingtech
Popular meme-sharing platform 9GAG has acquired Hong Kong-listed Howkingtech International in a move to expand into AI, cryptocurrencies, and the creator economy. The deal, valued at up to HK$79.6 million ($10.2 million), may see Howkingtech rebranded as "MemeStrategy" to align with its new focus.
Ray Chan, 9GAG’s co-founder, is leading the transition, aiming to bridge traditional finance and the Web3 economy while supporting Hong Kong's development as a virtual asset hub. Following the announcement, Howkingtech’s stock rose 3.5%.
Although specific crypto plans were not detailed in regulatory filings, reports indicate the company will invest in Bitcoin, Web3 initiatives, and decentralized infrastructure. A press release also confirmed MemeStrategy’s intent to incorporate Bitcoin and other virtual assets into its long-term investment strategy.
PumpSwap Continues To Print
PumpSwap, a decentralized exchange created by Pump.fun, has hit over $3 billion in trading volume within just 10 days of its launch on March 20, 2025. The platform has generated $5.4 million in protocol fees, gained 700,000 active wallets, and processed 30.59 million swaps, according to Dune Analytics.
Despite Raydium maintaining a dominant 74% market share of Solana’s total DEX trading volume as of March 30, PumpSwap has quickly captured 8% of the market. The platform simplifies meme coin trading and liquidity provision by combining trading, liquidity and token creation in one place, eliminating the need for mem ecoins to migrate to Raydium.
What Can You Do Next?
- DYOR before aping any celebrity tokens, so far they have all pumped and dumped.
- Don’t just focus on one chain as you can see even Ada coins are currently doing well.
- Meme coins are extremely volatile. Make sure to have a diversified portfolio.
- Consider reinvesting some profits into safer crypto tokens or stables.
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