WEEX Labs: The Next Script for Memecoins, The Era of Flash Trends

marsbitPublished on 2025-12-15Last updated on 2025-12-15

Abstract

WEEX Labs: The Next Act of Memecoin—The Era of Flash Trends Despite a cooling market, memecoins remain a key arena for attention-based economic games. The memecoin landscape has evolved significantly in 2025, shifting from the earlier dominance of large-cap tokens like DOGE and SHIB to smaller, faster-cycling assets. Key shifts include a migration beyond Solana to chains like Base and BNB Chain, where Solana’s share of new token launches has dropped from 90% to 57%. Memecoin market caps are shrinking, with mid-to-small cap tokens such as BRETT and TOSHI becoming more common. Market cycles have accelerated from weeks to hours, driven by AI tools and social media algorithms that speed up both hype and fade-out. Recent trending memecoins illustrate these changes: - $Franklin (FDV peak: $24M), inspired by a politicized meme. - $DOYR (FDV peak: $31M), born from a typo and community reaction. - Horse Success (FDV peak: $5M), a Chinese-language meme. - $jesse (FDV peak: $28M), created by Base co-founder Jesse Pollak. Memecoins are maturing from internet jokes into cultural indicators. While established tokens like BONK are building utility, new tokens are increasingly driven by social momentum and data. This structural shift offers more opportunities but demands deeper research (DYOR) amid higher risks. In the flash trend era, memecoins reflect real-time social sentiment—volatile, fast, and ever-evolving.

Against a backdrop of a somewhat fatigued market, Memecoins, though no longer frenzied, remain a battleground in the attention economy.

Memecoins Haven't Reached the End, They've Just Changed Direction

Compared to the scene in 2024 where Memecoins stole the show, this year's Memecoin activity has indeed quieted down significantly after $TRUMP, but this is not the end; rather, the market has evolved to the next stage.

• From Solana to Base, BNB Chain: Initially, Solana monopolized 90% of new token issuance with its low fees and high speed, especially with the launch of Pump.fun, which significantly decentralized token issuance rights and spurred a full year of Meme mania in 2024. However, with multi-chain expansion and the continuous efforts of other public chains, Solana's share has now dropped to 57%, with BNB Chain, Base Chain, and others continually grabbing on-chain market share.

• Small to Medium-Sized Memes Become Mainstream: The Memecoin market narrative has shifted from being dominated by Ethereum chain tokens like DOGE, SHIB, PEPE with billion-dollar market caps, to Solana chain spawning large Memecoins with multi-billion dollar market caps like BONK, WIF, FARTCOIN, TRUMP, and now to small and medium-cap Memecoins with million-dollar market caps emerging on various chains, such as BRETT and TOSHI on Base chain, and Binance Life, BROCCOLI on BNB Chain. This indicates the market cap ceiling for Memecoins is continuously lowering, and the market is maturing.

• Accelerated Rotation Rhythm: With limited liquidity growth and an accelerating trend in the number of Memecoins, the market rotation rhythm has shifted from "weeks" to "hours." Particularly thanks to the proliferation of AI tools and upgrades in social media algorithms, the speed of viral spread and decay has increased dramatically. This results in a large number of new coins reaching their peak within just 24-48 hours of launch, with a lifecycle far shorter than the previous weekly cycles.

Recent Hot Memecoins: Social Media Hype + Small to Medium Market Cap

Browsing recent hot Memecoins undoubtedly confirms the above changes.

$Franklin: Franklin The Turtle was originally a classic children's character from a series of books and TV shows in Canada in the 1980s and 90s. The current U.S. Secretary of Defense recently posted a politically satirical image on X, expressing a tough stance on U.S. cross-border military anti-drug operations. Subsequently, the同名 Memecoin portrayed Franklin the Turtle as a satirical, militarized anti-drug warrior. The coin launched on December 1st, reached a peak FDV of $24.36M by the 10th, and has currently retraced to $5.4M.

$DOYR: The起因 was DYOR being misspelled as DOYR. Then, spurred by a reply post saying "DOYR = DO YouR meme?", the BNB Chain community quickly launched a同名 Memecoin. The coin launched on December 6th, reached a peak FDV of $31.34M the next day, and has currently retraced to $3.4M.

$马到成功 (Horse Success): Originating from the Chinese blessing phrase "马到成功" (meaning immediate success) leveraged by the community, it is a popular Chinese Memecoin following others like "Binance Life" and "Vulgar Penguin". The coin launched on November 15th, reached a peak FDV of $5.03M on December 2nd, and has currently retraced to $2.6M.

$jesse: A personal Memecoin issued by Base co-founder Jesse in November. The coin launched on November 21st, reached a peak FDV of $28.08M on the same day, and has currently retraced to $10M.

Opportunities in the Structural Changes of Memecoins

Starting from DOGE's dog meme to today's complex ecosystem where any topic can become a coin, Memecoins are no longer just simple internet jokes but a perfect fusion of community narrative, attention propagation, and speculative frenzy.

This year's Memecoin market has been as thrilling as a roller coaster: accelerated rotation, smaller scale, multi-chain expansion—all marking a transition from狂欢 (carnival) to maturity.

It is foreseeable that, regardless of bull or bear markets, the Memecoin market will not fall silent, because wherever there is attention, someone will go all-in on a dog picture to spread emotion.

However, in the era of flash trends, Memecoins are beginning to transform from "jokes" into "cultural indices." For example, older tokens like DOGE, SHIB, and BONK are shedding their religious constraints, continuously undergoing technical upgrades, and applications are empowering the Meme. Meanwhile, more newly produced small and medium Memecoins are turning to "social media heat + data-driven," which carries higher risks but offers more refined opportunities. The rises and falls of these Memecoins also represent the热度变迁 (heat变迁 - heat changes/evolution) of certain social topics.

No matter how you look at it, this structural change will reshape investment logic, bringing more opportunities for participants while also demanding more DYOR.

Related Questions

QWhat is the main shift in the Memecoin market as described in the article?

AThe main shift is that the Memecoin market has evolved from large-cap, long-cycle coins to smaller-cap, faster-rotating coins, with accelerated rotation speeds, multi-chain expansion, and a focus on social media virality and data-driven opportunities.

QWhich blockchain initially dominated new token issuance for Memecoins, and what caused its market share to decrease?

ASolana initially dominated with 90% of new token issuance, largely due to Pump.fun lowering the barrier for token creation. Its share has decreased to 57% due to multi-chain expansion and competition from other chains like BNB Chain and Base.

QWhat are some examples of recent popular Memecoins mentioned, and what were their peak FDV valuations?

AExamples include $Franklin (peak FDV $24.36M), $DOYR (peak FDV $31.34M), $Horse Success (peak FDV $5.03M), and $jesse (peak FDV $28.08M).

QHow has the lifecycle of new Memecoins changed in the current market?

AThe lifecycle has accelerated significantly, with new coins often reaching their peak valuation within 24-48 hours after launch, much faster than the previous weekly cycles, due to AI tools and social media algorithms.

QAccording to the article, what are Memecoins transforming into in this 'fast-flash era'?

AMemecoins are transforming from simple jokes into 'cultural indices,' where older memes are gaining utility through technical upgrades, while newer ones act as indicators of social media trend热度 and data-driven speculative opportunities.

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