Even After a Sharp Cooldown, the Meme Coin Sector Refuses to Die Quietly

With Fartcoin FARTCOIN/USD in the focus, traders say the meme coin mania might be entering a stronger, more refined phase.

Even after a sharp cooldown, the meme coin sector isn't planning to die quietly. With Fartcoin FARTCOIN/USD in the focus, traders say the meme coin mania might be entering a stronger, more refined phase.

What Happened: According to prominent crypto influencer Wale Swoosh, meme coins may be down from their highs, but they're far from out.

Solana meme coins continue to generate massive volume—roughly $2 billion daily on decentralized exchanges and $30 million in weekly NFT volume.

While that's down from the $22 billion peak, it's still a sign of sustained interest.

Swoosh also highlighted the rise of LaunchLab, a launchpad by Solana's top decentralized exchange Raydium, as a possible catalyst for a sector revival.

He draws parallels with NFTs: while volumes faded post-peak, the space didn't die—it evolved.

The same may happen with meme coins: fewer, better projects with stronger infrastructure and better user experience.

Swoosh argues that meme coins are entering a more mature cycle, with smarter traders, better tooling, and a more discerning audience. The hype-driven frenzy might be over, but that could make room for quality projects to shine.

"No one is talking about meme coins anymore, but the Solana dApps are still generating billions in daily volume and LaunchLab by @raydiumio is now a thing. Maybe, just maybe, a new spring is brewing in the meme coin sector- less chaos, more structure and the same wild upside potential," he concludes.

Also Read: Millionaire Trader Rakes In $1 Million On The Meme Coin That’s Outpacing Dogecoin, Shiba Inu

What's Next: Crypto trader Koala says he doesn't believe legacy memes like Dogecoin and Shiba Inu will ever revisit their all-time highs, but he still sees potential for 200% to 300% gains from current levels.

Instead, he expects the market to shift from broad-based euphoria to a more selective focus, where only a few meme coins dominate based on actual mindshare, not just noise.

In that environment, Fartcoin is shaping up as a potential breakout leader. With Bitcoin threatening a move above $90,000, some traders believe Fartcoin could ride the wave to a new all-time high before eventually passing the baton to the next viral coin.

CoinGecko data shows the total meme coin market cap sits at $48 billion, down 2.3% in the past 24 hours and off from recent $50 billion levels amid broader market weakness.

Dogecoin DOGE/USD is down 10%, Shiba Inu SHIB/USD is down 8%, Trump TRUMP/USD dropped 30% after a sharp rally to new highs.

Still, both DOGE and SHIB maintain strong communities, and traders anticipate a near-term rebound, with SHIB being buoyed by a spike in burn rate and positive on-chain metrics, and DOGE seeing increased whale accumulation ahead of a potential bullish move.