meme

On-chain analyst Nooman posted on platform X, indicating that the trend of meme coin trading platforms transitioning to perpetual contract business is accelerating. On Thursday, the number of daily active traders for FOMO and Pump.fun's perpetual contracts saw significant growth.Among them, FOMO's perpetual contract daily active traders approached 4,000, with a single-day trading volume reaching 334 million USD; Pump.fun's perpetual contract daily active traders approached 1,200, setting a historical high, with a single-day trading volume reaching 25.3 million USD.

Binance founder CZ used a "CZ meme" on social media in response to another meme "An arrow to the knee," implying "I didn't expect it to drop this much" or "I didn't expect the meme to be used here."The "An arrow to the knee" meme originates from the NPC line in the game "The Elder Scrolls V," "I used to be an adventurer like you, then I took an arrow in the knee." After the game became popular, this meme spread widely and evolved into a template for expressing a change in expectations due to an unexpected event. Musk is a fan of "The Elder Scrolls V" and has publicly expressed his love for the game multiple times.

Elon Musk replied to a meme in response to a tweet from a certain cryptocurrency user that said, "Just woke up, let's see how the market is doing," indicating a comprehensive decline in the cryptocurrency market.Although the image is blurred, it can still be inferred from the general outline that the original image is related to CZ.

According to Cointelegraph, SkyBridge Capital founder Anthony Scaramucci stated that Trump's cryptocurrency business and meme coin issuance caused the CLARITY Act to lose support from the Democrats, weakening the bipartisan momentum of the bill. He claimed that the related meme coins were launched before Trump's inauguration in January 2025, which is one of the reasons for the bill's obstruction.Scaramucci also pointed out that there are differences between lawmakers and the White House regarding ethical restrictions: lawmakers want to strengthen the limitations on government officials' interests in cryptocurrency assets, while the White House is reluctant to sign related provisions. He stated that both sides should take responsibility for the failure to advance negotiations.On September 15, the U.S. Senate failed to advance the CLARITY Act, with the procedural motion receiving 49 votes in favor and 50 votes against, falling short of the required 60 votes. The bill aims to establish a federal regulatory framework for digital assets.

The meme issuance platform Pump.fun announced that the NEAR token has now landed on the Pumpfun App. Users can trade NEAR ecosystem tokens within the app without the need for cross-chain bridging.

According to data released by Creative Planning CMO Charlie Bilello, the decline in major assets from their historical peaks varies significantly. The S&P 500 index fell by 3%, while Microsoft dropped by 6%. Palantir, Nvidia, Amazon, Tesla, Meta, and AMD saw declines ranging from 14% to 24%. Gold fell by 31%, Google dropped by 32%, SpaceX decreased by 41%, and Netflix declined by 54%.In terms of cryptocurrency, Bitcoin is down 39% from its peak, and Ethereum has fallen by 55%. Dogecoin, Fartcoin, TrumpCoin, and MelaniaCoin have dropped by 90%, 95%, 98%, and 99%, respectively.

The meme coin issuance platform Pump.fun posted on platform X that its limited-time 4x referral bonus event has ended, and the platform will continue to distribute 100% of its platform revenue. The referrer reward has been adjusted to 1.5 times, allowing referrers to receive 37.5% of the fees paid by the referred users.The remaining 62.5% of the revenue will be used for the Callout reward pool and in-app incentives. Pump.fun stated that the total rewards distributed so far have reached 30 million dollars.

According to the RootData Launchpad rankings, Pons launched 2015 memes in the last 24 hours, an increase of 35.69% compared to the previous day's 1485, with 20 graduating, a 100.00% increase from the previous day's 10.During the same period, Four.Meme launched 1879, a decrease of 28.15% from the previous day, with 1 graduating, a 50.00% decrease from the previous day's 2; Flap launched 7936, a decrease of 2.39%, with 33 graduating, a decrease of 8.33%.

Michael Selig, the Chairman of the U.S. Commodity Futures Trading Commission, stated at the CFTC's inaugural Frontier Forum in Washington that imagining a refrigerator autonomously purchasing groceries with funds from staked ETH, or even issuing its own Memecoin, "is no longer science fiction." He believes that when AI agents can hold assets and execute trades autonomously, regulators must make adjustments.Selig pointed out that the CFTC's regulatory framework is built around executing specific financial functions concerning "identifiable market participants," but autonomous software is raising questions about how these rules apply. He proposed that if AI agents identify trading opportunities and execute trades for users, their developers may need to register, who is responsible when the agent goes out of control, how regulators know for whom the agent is trading, and whether a new type of "Know Your Agent" rule, referred to as KYA, is necessary.Selig also mentioned that AI could provide smaller traders and businesses with risk management capabilities that were previously only available to large institutions, but greater autonomy also brings new risks: agents may react unexpectedly to market conditions, agents using similar models may exhibit correlated trading behaviors, and the speed of autonomous trading could complicate market regulation and risk management. Animoca Brands Chairman Yat Siu recently expressed similar concerns to Cointelegraph; Coinbase launched Agentic Wallets in February, and Binance introduced AI Agent Skills in March, allowing agents to trade within user-defined parameters or provide spot order tools.

The Solana ecosystem meme coin free mika (MIKA) dropped on October 28. Its genesis address transferred approximately 500.44 million tokens to another wallet, accounting for about half of the initial supply; about 7 seconds later, that wallet sold approximately 500.83 million MIKA on PumpSwap, with the selling price temporarily dropping about 99% compared to before the sale.There are claims that the wallet nonce prevented the key holder from transferring funds, but this transfer used a normal recent blockhash, and it is currently unclear whether this sale was due to an external attack or from existing holders.

According to Bloomberg, Solana is trying to shift from a growth model reliant on meme coins and speculative trading to more mainstream financial applications such as stablecoins and tokenized assets, in order to attract adoption from Wall Street institutions. Currently, financial institutions such as JPMorgan, Morgan Stanley, and Standard Chartered, as well as payment networks like Visa and Fiserv, have already started related businesses on this network.However, with the cryptocurrency market in a slump and competitors like Hyperliquid rising, Solana faces challenges in transforming its growth model. Data shows that SOL has dropped nearly 20% this year, and U.S.-listed spot and staking SOL ETFs have recorded outflows for two consecutive weeks this month, totaling about $50 million. Meanwhile, Solana's share of on-chain perpetual contract trading volume has decreased from 17% to 6%.

According to the RootData Launchpad rankings, Pump.Fun launched 52,847 memes in the last 24 hours, an increase of 12.59% compared to the 7-day average. Among them, 174 memes successfully graduated, an increase of 19.76% compared to the 7-day average.In terms of transaction fees in the last 24 hours, Pump.Fun maintained a lead with $1.96 million. Pons' transaction fees were $332,300, an increase of 5.35% compared to the previous day's $315,400. Stonk's transaction fees in the last 24 hours were $200,600, a decrease of 26.46% compared to the previous day's $272,800.

Galaxy Research report shows that the share of Meme coins in Solana's trading volume has dropped from over 50% at the end of 2024 to 15% to 20% in the second quarter of 2026. In addition, SOL has seen a decline of nearly 20% this year, and the U.S.-listed spot and staking SOL ETFs have recorded outflows for two consecutive weeks this month, totaling approximately $50 million.Meanwhile, Solana's share in on-chain perpetual contract trading volume has decreased from 17% to 6%. It is reported that the Solana Foundation has issued a statement indicating that Solana's transformation is underway, attempting to shift from a growth model reliant on Meme coins and speculative trading to more mainstream financial applications such as stablecoins and tokenized assets, in order to attract adoption from Wall Street institutions. However, with the cryptocurrency market in a downturn and competitors like Hyperliquid rising, Solana faces challenges in its growth model transformation. Market analysts point out that Solana's future key lies in its ability to attract stable assets, developers, and users, rather than relying solely on speculative trading to drive growth.

According to GMGN data, the market capitalization of the Meme coin Kimchi on the Solana chain violently surged past 15 million USD, with a 24-hour increase of over 47%, and has now fallen back to 9.4 million USD. On the news front, trader Kimchi (@kimchi1x) has re-added Pump.fun to their X profile.Previously, after Solana trader Kimchi (@kimchi1x) joined Pumpfun, the eponymous Meme coin $Kimchi completed a surge in a very short time: records on social platforms show that the token's market capitalization reached 30 million USD about 10 minutes after launch, and it briefly surpassed 40 million USD about an hour later.

According to community reports, on October 23, crypto influencer kimchi posted an image containing a QR code, which points to the meme coin kimchi. Relevant information indicates that the kimchi address holds over 50% of the token, and it is different from the previously mentioned "speedrun 30 million dollars" token. The co-founder of the meme coin issuance platform pump.fun, alon, subsequently retweeted the post.The new kimchi token briefly surged to a market value of about 10 million dollars. Afterward, alon canceled the retweet, kimchi deleted the post, and removed the mention of pump.fun from his personal profile, leading to a rapid decline in the token's value, which was then about 190,000 dollars. According to GMGN market data, the previous Kimchi token also accelerated its decline that morning, with a market value of about 12.81 million dollars at that time.These actions have sparked dissatisfaction within the community, with some crypto investors accusing kimchi and alon of potentially illegal behavior. Kimchi has frequently flaunted wealth on social media and claimed to have profited significantly from investing in the TRUMP token. Recently, alon stated that Kimchi is the first person to truly bridge the gap between the crypto industry and pop culture, and is the first case of a trader becoming a public figure.

According to GMGN market data, the Meme coin Kimchi on the Solana chain continued to decline after a rapid surge to a market value of 40 million USD yesterday, currently reported at 21.51 million USD, with a drop of over 50% from its peak. The top address for this token invested 144,000 USD at a market value of 33.7 million USD and has now incurred an unrealized loss of over 50,000 USD.Previously, it was reported that this token was inspired by the influencer trader Kimchi (@kimchi1x), who currently holds 75.32% of the total supply of this Meme coin. ChainCatcher reminds users that Meme coins generally have no practical use cases and exhibit significant price volatility, so investment should be approached with caution.

According to GMGN market data, the market capitalization of the GTA 6 themed meme coin Dacity on the Solana chain has surpassed 12 million USD, currently reported at 10.31 million USD, with a 24-hour increase of 80.3% and a trading volume exceeding 7.9 million USD.The well-known game series GTA 6 will officially launch on November 19. In the previously released trailer, there is a shot showing the text "Dacity Coin," from which this meme coin is derived. Additionally, this meme coin is backed by Take-Two Interactive Software Inc (TTWO), the parent company of the GTA 6 development studio Rockstar Games, and transaction fees will be distributed to token holders in the form of TTWO stock tokens.According to market news, the prices of related tokens are highly volatile, and users should invest with caution.

The Meme coin Kimchi on the Solana chain reached a market value of 40 million USD within 1 hour of its launch, currently reported at 38.71 million USD, with a transaction volume of 23.7 million USD. Kimchi (@kimchi1x) currently holds 75.32% of the total supply of this Meme coin.This trader rarely posts trading records or calls, mainly sharing photos and videos related to life, travel, luxury cars, and watches. Alon, co-founder of Pump.fun, stated that Kimchi is the first person to truly bridge the gap between the crypto industry and pop culture, as well as the first case of a trader growing into a public figure. Alon mentioned that Kimchi is helping Pump.fun define its creative direction and expand the ecosystem.

According to monitoring by Lookonchain, trader Jelitics traded 12 types of Meme coins on the Solana chain, all resulting in losses, with a win rate of 0%. The total loss exceeded 1 million dollars. Currently, he has sold all Meme coin holdings.