Meme tokens* are rightfully considered among the most risky instruments in the crypto market. They are capable of posting gains of thousands or even tens of thousands of percent within just a few days, yet they can lose their value just as quickly. Most often, such movements are driven by hype rather than fundamental value, which makes memecoins particularly vulnerable to sharp corrections.
* Meme tokens are cryptocurrencies created based on internet memes, popular characters, or viral trends. Their value is usually driven by public attention, media hype, and activity within the crypto community, rather than by technological utility or an economic model, making such assets extremely risky.
1. The Official Trump (TRUMP)
The Official Trump is a meme token launched in January 2025 within the Solana ecosystem by the re-elected President of the United States, Donald Trump. The project instantly attracted market attention and became one of the most discussed launches of the year’s beginning.
After liquidity* appeared on the decentralized exchange Raydium, the TRUMP token surged by tens of thousands of percent within just a few hours. The situation intensified after listings on major centralized exchanges: within a single day, the price of TRUMP nearly tripled — from $28.72 to an all-time high (ATH) of $75.35. The market capitalization of The Official Trump exceeded $15 billion, and the token briefly entered the top 20 largest cryptocurrencies.
* Liquidity is the ability of an asset to be quickly bought and sold on the market without significantly affecting its price. In the context of cryptocurrencies, the launch of liquidity means the appearance of trading pools or orders on an exchange, enabling users to swap the token for other assets freely.
However, such rapid growth proved short-lived. Just three weeks later, the price of TRUMP fell almost fivefold — to $15.33, and amid a broader market correction* in April, it dropped to a low of around $7.5.
* Correction is a short-term or medium-term decline in an asset’s price following a growth period, caused by profit-taking by market participants or changes in market sentiment. Corrections are considered a natural part of the market cycle and do not necessarily signal the beginning of a long-term downturn.
As of August 2025, TRUMP ranks 52nd by market capitalization ($1.76 billion) and trades at $8.8. At the same time, the token has lost more than 88% from its ATH and has become more than three times cheaper since listing. Among the key reasons for the decline are the lack of real utility, weak ecosystem development, and investor concerns related to Trump’s economic policy and potential U.S. trade restrictions.
2. Notcoin (NOT)
Notcoin became the starting point for the popularity of so-called “tap-to-earn” apps — mini applications on Telegram that rewarded users for simple actions, which could later be converted into tokens.
The success of Notcoin triggered a wave of similar projects — Hamster Kombat, Dogs, Catizen, Notpixel, and others. However, even the pioneer Notcoin failed to remain on the wave of interest for long.
After listing, the NOT token increased by more than 3.5 times in two weeks — from $0.0075 to an ATH of $0.028 — and quickly entered the top 50 cryptocurrencies by market capitalization. From that point, the trend reversed: the price of NOT fell by more than 93% from its peak and by 81% relative to the listing price.
As of August 2025, the price of the NOT token is around $0.0019, with a market capitalization of $198 million, corresponding to 226th place in the overall cryptocurrency ranking. The Notcoin story clearly demonstrated that the “tap-to-earn” trend was short-lived and quickly exhausted itself.
3. Official Melania Meme (MELANIA)
Following Donald Trump, the First Lady of the United States also launched her own meme token on the Solana network. However, the Official Melania Meme project failed to replicate TRUMP’s success even at launch.
Immediately after listing, the MELANIA price began to decline rapidly, dropping more than threefold in less than a week — from $8.48 to $2.46. Subsequently, the negative dynamics of MELANIA only intensified, reflecting weak investor interest.
Since its appearance on centralized exchanges, the price of the MELANIA token has fallen by more than 90%. As of August 2025, its price is around $0.2, and its market capitalization is $176 million, placing it 242nd among cryptocurrencies.
4. ai16z (AI16Z)
In October 2024, a group of enthusiasts launched an automated trading platform on Solana that enables users to create AI agents to analyze the crypto market and execute trades. The AI16Z meme token was named after the venture capital fund Andreessen Horowitz (a16z) and the artificial intelligence (AI) trend.
The idea proved to be extremely popular. From its listing in October 2024 until January 2025, the price of AI16Z increased more than 500 times — from $0.0044 to a peak of $2.48.
Nevertheless, the token failed to maintain its achieved positions. Despite sustained interest in the AI sector, by August 2025, the price of AI16Z had dropped by more than 95% from its ATH.
At the same time, the current price of around $0.12 still exceeds the listing price by 807%. The market capitalization of AI16Z is $135 million, ranking it 290th in the cryptocurrency market cap rankings.
5. Memecoin (MEME)
The MEME token was launched in November 2023 as part of the Memeland ecosystem — a platform for creating and promoting memecoins. The developers initially emphasized that Memecoin has no practical value and is intended exclusively for interaction with meme culture.
During the first six months after listing, the price of MEME increased more than threefold — from $0.025 to an all-time high of $0.081. However, the token then entered a prolonged decline.
Since entering the market, the price of MEME has collapsed by nearly 98%, indicating a severe failure of the project despite the platform's functionality.
As of August 2025, Memecoin ranks 399th by market capitalization ($86 million), with the token price at around $0.0016.
Conclusion
The stories of these memecoins clearly show that a loud launch and viral demand do not guarantee long-term success. In the absence of a sustainable economy, real utility, and ecosystem development, even the most talked-about meme tokens can rapidly lose market interest and significant value.