đ Week in Meme Coins: Kanyeâs $YZY Craze, DOGE ETF Buzz & HeavenDEX Surge
The meme coin world never sleepsâthis week brought celebrity hype, ETF filings, insider drama, and a monster gainer! Hereâs your breakdown đ
đ„ Market Overview
Meme coin market cap dipped -10% â $67.3B as traders locked in profits. Fed inflation data + FOMC minutes triggered a cool-off. Memes still cracked DeFiLlamaâs Top 10 narratives. Institutional interest heating up despite pullback.
đ Top Gainers
Light (LIGHT) +428%
Wiki Cat (WKC) +92%
Bertram the Pomeranian (BERT) +54%
Memecoin (MEME) +29%
TROLL +23%
đŻ Platform Wars: HeavenDEX Cooks
HeavenDEX became Solanaâs #3 revenue protocol in just days. LetsBONK upgrades: creators now earn swap fees + CTO rewards (up to $10K per $10M volume). Solanaâs meme infrastructure is going parabolic.
đ° Sector Activity
Kanyeâs $YZY hit $3B, then crashed -70% on whale dump fears. Grayscale filed for a spot $DOGE ETF on NYSE Arcaâcould bring big liquidity. Trump Jr.-backed ThumzUp acquires Dogehash (DOGE miner). $57M USDC unfrozen in Libra case after cooperation. On-chain sleuths uncover $23M insider scheme linking $YZY & $LIBRA.
đĄ Key Takeaways
Watch Grayscaleâs DOGE ETF for liquidity signals. Celebrity meme launches = casino â short-term alpha only. Monitor Jay Powellâs Jackson Hole speech for Fed rate clues. Stay sharp: insider schemes are real, but so are the detectives.
Stay informed, stay ahead đ
