Memecoin market rockets $17 billion in a month — Solana launchpad hype fuels the fire
At the time the article was written, the value had slightly dropped to $78.81 billion. The big reasons behind this jump were, hype around new memecoin presales. Strong support from online communities. A new launchpad for memecoins on Solana that got popular fast.
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Different opinions in the crypto community
Some people in crypto are happy and excited about the memecoin boom. Others think it's a bad sign and say it's hurting crypto's reputation.
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From BTC to ETH: Retail traders flock to Ethereum as $4000 price target gains steam
Anthony Anzalone – Against memecoins
Anthony Anzalone the CEO of Xion blockchain said, memecoins are damaging the hard work of real builders in crypto. He said that even though the market cap is growing, it doesn't show real-life use of crypto. He also said that the more memecoins grow, the worse it is for the future of serious crypto projects.
He said, 'inverse correlation between success of this industry and the memecoin market cap'. In his view, the money going into memecoins shows there's nowhere better for capital to go in crypto.
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S Community lead of Neiro memecoin
S thinks memecoins are the most exciting and attractive part of crypto. S said that many memecoin projects like Pudgy Penguins, Floki, and Neiro are actually building new tech and showing maturity.
According to S, memecoins are simple, fun, and easy to understand, unlike the complex VC-driven crypto tokens. S also said,'warriors in the trenches… rush to deploy capital'.
ALSO READ:
BlackRock goes big on crypto — adds $916 million in Bitcoin and Ethereum in just 16 days
Petr Kozyakov– Neutral but notes bullish mood
Kozyakov said that market mood is a big reason why memecoins are rising. He gave three reasons for the memecoin surge:
The PUMP coin presale raised $500 million in minutes.
Memecoins are easily available to normal retail investors.
Bitcoin hit a new all-time high, making the market feel positive.
Kozyakov didn't predict how big the memecoin market would get, but said that the mood is clearly bullish now. He also mentioned that memecoins are now a big part of crypto culture, with loyal fans backing them. A related report said that 1 in 6 new memecoins on Base are scams and 91% have vulnerabilities.
FAQs
Q1. Why did the
memecoin market surge
in July 2025?
The memecoin market surged due to Solana's new launchpad, presale hype, and strong community support.
Q2. Is the memecoin rise good or bad for crypto?
Some say it boosts excitement, while others believe it harms crypto's serious reputation.
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