2025-12-25 07:26:17

The bubble in the meme coin market is bursting.

In early 2025, when US President Trump issued the TRUMP coin, a wave of speculation swept through the market. The legend of "100x coins" spread everywhere, attracting a large number of retail investors. Amid this hot streak, a lawsuit storm faced by a leading meme coin issuance platform also surfaced.

The turning point occurred recently. The platform's co-founder and COO have not updated their social media accounts for over a month. For someone accustomed to frequent interactions and real-time market updates, this silence is particularly suspicious.

Data tells everything. According to on-chain data, the platform's weekly trading volume plummeted from a peak of $3.3 billion in January to the current $481 million—more than an 80% drop. Accompanying this, the platform's token price also fell from its all-time high to $0.0019, a retracement of 78%.

Remember a few months ago? In mid-July last year, the token public sale launched by the platform sold out in just 12 minutes, raising about $600 million, pushing the entire market sentiment to a peak. Investors rushed to buy in, and exchanges were crowded.

From the hot market at the beginning of the year to the current coldness, the entire narrative has undergone a dramatic change. Those who once promoted "certain rise" have gradually disappeared, replaced by doubts about the platform's compliance and operational risks. The market has given the answer in the most direct way—through trading volume and coin price.

TRUMP1.47%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
8
Repost
Share

Comment

0/400

OnchainSniper

· 14m ago

Here we go again. The founder's silence for a month indicates things are serious. Lawsuit turmoil + the coin price halved, and they still dare to claim "long-term optimism"? The dream of a hundredfold coin is shattered, retail investors are going to cut losses again. Trading volume down 80%, tsk tsk, this is the true face of a bubble. At the beginning of the month, they were touting guaranteed rises, now everything has disappeared.

View OriginalReply0

RadioShackKnight

· 10h ago

This is Web3. Going from 600 million to zero so quickly. --- The CEO was silent for a month, I knew something was going to happen. --- The dream of a hundredfold coin is not finished yet, and the coin is gone haha. --- Another lawsuit storm, this circle's tricks are really deep. --- 78% retracement? I just want to ask, is anyone still in? --- Trading volume dropped from 3.3 billion to 481 million. Don't say it's retail investors; I think the institutions are the ones taking profits. --- Last July, they raised 600 million and were on fire; this year, it's just like that. It's so ironic. --- Silence is the biggest signal. Has it run away or been frozen? --- Meme coins are basically gambling; if you win, you boast; if you lose, you say lawsuit. --- The market is the most honest; the coin price speaks louder than the CEO's silence.

View OriginalReply0

GasFeeLady

· 10h ago

watched the on-chain metrics pivot hard... that 85% volume drop screams rugpull energy, no cap

Reply0

MetaverseVagabond

· 10h ago

Hey, this is incredible. From 600 million to now, my goodness. Rumor says someone disappeared for a month. That must have been pretty nerve-wracking. It's the same old trick. I knew it would happen when they sold out in 12 minutes. A hundredfold coin? Haha, I think it should be a hundredfold loss. I've always said meme coins are gambling. Looks like some people are crying now. This time it's not retail investors getting cut, but the platform running away first? 78% retracement is real. I can't watch anymore. Is anyone bottom-fishing?

View OriginalReply0

StablecoinSkeptic

· 10h ago

Ha, another "hundredfold coin" dream shattered. I knew it would turn out like this long ago. This is the fate of meme coins; once the hype dies down, they're finished. The founder has been silent for a month? Something's definitely wrong, a sign of a scam. 78% retracement, retail investors are the bagholders again... Figures. From raising 600 million to a trading volume of 481 million, hilarious. Where did all the funds go? The madness of January turns into despair in March, always the same pattern. Compliance? Meme coins never consider that stuff, it's just funny. Those who were calling for buy-ins probably deleted their posts now. Everyone following Trump coins has been washed out.

View OriginalReply0

UnluckyValidator

· 10h ago

Huh... The CEO has been silent for a month? This pace doesn't seem right. Another "hundredfold myth" collapses, retail investors suffer heavy losses. Where did all those who claimed "must rise" go? I also want to ask. An 88% decline, from 3.3 billion to 481 million, this is the reality. Raised 600 million in July, sold out in 12 minutes, and now the price is 0.0019, which is really ironic. I just want to know when this CEO will come to the surface... Meme coins are basically gambling; if you lose, don't cry.

View OriginalReply0

CountdownToBroke

· 10h ago

Hey, another "hundredfold coin" dream shattered, same old story Silent for a month? I know this feeling well, it's always like this before running away Fallen from 3.3 billion to 481 million, truly incredible... retail investors losing big This is meme coin, rises quickly and falls just as fast The hype driven by Trump coin, and it’s over just as fast When 600 million sold out in 12 minutes, I knew I had to get out Starting to doubt the platform's compliance again? Should have asked about this earlier

View OriginalReply0

fork_in_the_road

· 11h ago

I’ve seen it all along, this is how the crypto world is—FOMO feels good for a moment, then run to the crematorium. A hundredfold coin? I only see a hundredfold loss. Silent for a month, what are they thinking? Probably the prelude to running away? From 3.3 billion to 480 million, this is the blood and tears ledger of retail investors. Selling 600 million in 12 minutes, now the coin price is 0.0019... laugh out loud, a carefully designed rug pull. They dare to launch Trump coins, this market really has no bottom line. Lawsuits are almost out, and people are still taking over? The IQ of this market is really worrying. At the beginning of the month, they were bragging about orders in the Telegram group, now they’ve all disappeared—typical. Bubble burst? It was punctured long ago, okay? Only latecomers haven’t realized it yet. Trading volume dropped 85%, indicating the big players have already run away, leaving only bagholders.

View OriginalReply0