Crypto markets got weird again this week—and that’s exactly how traders like it. Meme coins are rocketing, whales are dumping, and Twitter is ablaze with speculative fire. Here’s everything you need to know about what’s moving and what it means.
• Meme coins rally with weekly gains over 30% on AIOZ and POPCAT.
• XCN crashes 20.5% after whale-dump tied to vesting schedule.
• Solana-based assets outperform due to low fees and high user activity.
• On-chain wallet growth spikes for major meme tokens.
• Twitter-led community pushes are fueling price momentum.
This week’s market action has been nothing short of theatrical, with meme coins and microcaps staging a surprise rally to outshine majors. Let’s cut straight to the numbers: AIOZ is up 32.89%, POPCAT popped 29.66%, and BABY is behaving anything but babyish—soaring 29.62%. The stars of this week's altcoin stage are loud, meme-y, and undeniably viral.
The biggest takeaway? Speculators are clearly in control again, and trader sentiment is shifting more toward high-beta, community-powered tokens. AIOZ—a decentralized CDN platform—saw a flood of mentions on Twitter after announcing new Web3 partnerships with AI-driven streaming platforms. POPCAT, a Solana-based meme coin, has benefited from an avalanche of viral content and animated GIF memes, catching retail FOMO fire.
Is this driven by fundamentals? Well, that depends on your definition of 'fundamentals' in a market where cats wearing sunglasses can outperform Layer 1s. But there’s solid on-chain activity: wallet counts for both POPCAT and BABY have risen by over 20% this week, according to DEXTools.
If the gainers danced, the losers face-planted. XCN led the downward spiral, cratering 20.5% after a sudden whale dump of over $5 million worth of tokens on Binance. On-chain sleuths traced the sell-off to a known vesting-related address—igniting fears of token inflation and a collapse in community trust. That’s crypto physics 101. GAS (-4.97%) and CORE (-2.34%) completed the red brigade, finding themselves lagging after failed attempts at network upgrades and anemic dev activity.
It’s a cautionary tale: while liquidity is flooding back into altcoins, eyes are watching for tokenomics red flags. High FDV projects that lack transparency are playing with fire, and XCN just got scorched.
The crypto Twitterati were abuzz with a single unified narrative this week: the rise of “community-issued resistance.” While BTC and ETH hovered sideways, smaller communities organized flash buy campaigns and coordinated staking events. $BABY’s Telegram reached 100K users in 48 hours, driven by community-led AMAs and Twitter Spaces hosted by influencers with six-digit followings.
Meanwhile, developers and DeFi OGs threw shade at the spectacle, warning that meme-mania is surfacing just as broader liquidity remains tight. Still, the prevailing sentiment is cautiously euphoric: “Degens are back,” one tweet read. And whether you love or hate that phrase, market activity reflects it.
Add to that Solana’s persistent transaction volume topping $3 billion two days in a row—largely fueled by its growing ecosystem of yield games and memecoins—and it’s a party most traders don’t want to miss.
This brings us to the million-dollar question: is this the early tremor of an incoming altseason, or simply a meme-catalyzed sugar rush?
Historically, a strong rotation into low-cap alts has signaled either top-of-market euphoria or the start of a broader narrative reshuffle. Funding rates have turned modestly positive across perpetual futures for AIOZ, JASMY, and BABY—indicating some leveraged longs entering the arena. But it’s worth noting that daily open interest has yet to explode. That suggests we’re not in full bullish mode…but the smell of altseason is in the air.
JASMY is an interesting standout—up 24.54% thanks to a well-received partnership with a Japanese IoT company. It’s a rare breed this week: a fundamentally strong coin riding a meme wave. Keep your eyes there.
Also worth watching: ETH gas fees have remained tame, hinting that much of the action was on Layer 2s and Solana. That’s a structural trend worth keeping tabs on as meme coins increasingly flock to faster, cheaper chains.
• Meme coins are having a moment—again—and being driven by organized communities on social media.
• XCN nosedived on token unlock-related fears, underscoring the importance of vesting transparency.
• Solana-based protocols (like POPCAT) are thriving due to lower fees and better UX for new users.
• Partnerships and on-chain metrics are sparking fundamental rallies, like JASMY’s AI-IoT ambitions.
An early altseason often sneaks in without a BTC breakout, starting first with meme cycles. Rotation from majors to midcaps to micros is textbook market behavior. This week may be a snapshot of that playbook in motion. Don’t FOMO—but don’t sleep, either.
This week’s market action has been nothing short of theatrical, with meme coins and microcaps staging a surprise rally to outshine majors. Let’s cut straight to the numbers: AIOZ is up 32.89%, POPCAT popped 29.66%, and BABY is behaving anything but babyish—soaring 29.62%. The stars of this week's altcoin stage are loud, meme-y, and undeniably viral.
The biggest takeaway? Speculators are clearly in control again, and trader sentiment is shifting more toward high-beta, community-powered tokens. AIOZ—a decentralized CDN platform—saw a flood of mentions on Twitter after announcing new Web3 partnerships with AI-driven streaming platforms. POPCAT, a Solana-based meme coin, has benefited from an avalanche of viral content and animated GIF memes, catching retail FOMO fire.
Is this driven by fundamentals? Well, that depends on your definition of 'fundamentals' in a market where cats wearing sunglasses can outperform Layer 1s. But there’s solid on-chain activity: wallet counts for both POPCAT and BABY have risen by over 20% this week, according to DEXTools.
If the gainers danced, the losers face-planted. XCN led the downward spiral, cratering 20.5% after a sudden whale dump of over $5 million worth of tokens on Binance. On-chain sleuths traced the sell-off to a known vesting-related address—igniting fears of token inflation and a collapse in community trust. That’s crypto physics 101. GAS (-4.97%) and CORE (-2.34%) completed the red brigade, finding themselves lagging after failed attempts at network upgrades and anemic dev activity.
It’s a cautionary tale: while liquidity is flooding back into altcoins, eyes are watching for tokenomics red flags. High FDV projects that lack transparency are playing with fire, and XCN just got scorched.
The crypto Twitterati were abuzz with a single unified narrative this week: the rise of “community-issued resistance.” While BTC and ETH hovered sideways, smaller communities organized flash buy campaigns and coordinated staking events. $BABY’s Telegram reached 100K users in 48 hours, driven by community-led AMAs and Twitter Spaces hosted by influencers with six-digit followings.
Meanwhile, developers and DeFi OGs threw shade at the spectacle, warning that meme-mania is surfacing just as broader liquidity remains tight. Still, the prevailing sentiment is cautiously euphoric: “Degens are back,” one tweet read. And whether you love or hate that phrase, market activity reflects it.
Add to that Solana’s persistent transaction volume topping $3 billion two days in a row—largely fueled by its growing ecosystem of yield games and memecoins—and it’s a party most traders don’t want to miss.
This brings us to the million-dollar question: is this the early tremor of an incoming altseason, or simply a meme-catalyzed sugar rush?
Historically, a strong rotation into low-cap alts has signaled either top-of-market euphoria or the start of a broader narrative reshuffle. Funding rates have turned modestly positive across perpetual futures for AIOZ, JASMY, and BABY—indicating some leveraged longs entering the arena. But it’s worth noting that daily open interest has yet to explode. That suggests we’re not in full bullish mode…but the smell of altseason is in the air.
JASMY is an interesting standout—up 24.54% thanks to a well-received partnership with a Japanese IoT company. It’s a rare breed this week: a fundamentally strong coin riding a meme wave. Keep your eyes there.
Also worth watching: ETH gas fees have remained tame, hinting that much of the action was on Layer 2s and Solana. That’s a structural trend worth keeping tabs on as meme coins increasingly flock to faster, cheaper chains.
• Meme coins are having a moment—again—and being driven by organized communities on social media.
• XCN nosedived on token unlock-related fears, underscoring the importance of vesting transparency.
• Solana-based protocols (like POPCAT) are thriving due to lower fees and better UX for new users.
• Partnerships and on-chain metrics are sparking fundamental rallies, like JASMY’s AI-IoT ambitions.
An early altseason often sneaks in without a BTC breakout, starting first with meme cycles. Rotation from majors to midcaps to micros is textbook market behavior. This week may be a snapshot of that playbook in motion. Don’t FOMO—but don’t sleep, either.
$BABY and POPCAT gained mainstream attention after coordinated Twitter trends and meme campaigns. Meanwhile, JASMY’s real-world Japanese IoT partnership brought rare fundamentals into the hype mix.
If you’re speculating on meme coins, keep a sharp eye on wallet activity growth and social mentions. Volume without community traction is a red flag.
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