From miners to DeFi players, how many detours have I taken. Now I’m studying meme coins again—I really can’t believe myself. But today, the movements of these few meme coins are definitely worth discussing.
First, Lobster. In a month, this coin surged 200%, and its market cap broke $18 million. It’s up 26% in a day—not just for a week, but steadily rising over a month. I dug into its community: the number of Twitter followers isn’t bad, and the discussion heat is decent too. But there’s one issue—Lobster is a seafood-themed meme, and that narrative has existed since last year. It’s not exactly new. So what’s driving the continuous 200% rise? Either the project team is actively doing something, or a market maker is pulling the strings.
Next is MAME on the BSC chain. It’s up 38% over the past 24 hours, and its market cap has just broken $10 million. Meme ecology on the BSC chain has been getting suppressed by Solana for a while, but lately it seems to be reviving a bit. If MAME can keep increasing volume, it could also lift other meme coins on the BSC chain.
The most unbelievable one is ASTEROID. SpaceX’s stock hit a new high—then the meme coin with the same name as its mascot jumped 50% straight away. Honestly, I can’t make sense of this logic at all. Elon hasn’t even posted a tweet, and there’s no official connection between SpaceX and the meme coin—yet it’s still up 50% just because the names match. That’s the world of meme coins: completely unreasonable.
There’s also one piece of news that must be mentioned. The whale who previously shorted 16 meme coins and reportedly made $13.68 million—today it was revealed that he sold 6,855 ETH. This person is a big player that specializes in hunting meme coins. His short strategy is to find meme coins with weak fundamentals and anonymous teams to short. Selling ETH doesn’t necessarily mean he’s running away—it could be rebalancing. But his operational direction is worth paying attention to: if he’s started selling, it suggests he believes there isn’t much room left for shorting meme coins.
When the broader market is falling, meme coins are actually rising—which means existing capital is seeking safety. But it’s not seeking safety into stablecoins; it’s seeking safety into high-risk, high-reward meme coins. This seesaw effect shows up often in bear markets. The problem is meme coins have terrible liquidity: they can pump fast, but they drop just as fast.
My advice: just watch the show. Lobster and MAME can be added to your watchlist, but don’t let your head get hot and chase the highs. Especially when the overall market is unstable, the meme coin sentiment premium could get wiped out at any moment. $Lobster $MAME $ASTEROID
#Meme #Solana