Week in Memes: TikTok Hits Back at Wild $300M Trump Claim

The meme coin market took a dip this week, slipping nearly 3% from $54.55 billion to $53.07 billion.

The meme coin sector had another challenging week marked by sharp shifts in sentiment and brief bursts of momentum. While some tokens showed signs of life, the broader sector struggled to find consistent direction with a mix of macro uncertainty and speculative hype.

TikTok’s official X account hit back at Congressman Brad Sherman’s claims, calling out his accusation that its “Chinese owners” dropped $300 million on the TRUMP meme coin to sway Trump into extending the app’s U.S. stay—a wild theory TikTok firmly denies.

The meme coin market took a dip this week, slipping nearly 3% from $54.55 billion to $53.07 billion. After bouncing back from the lows, it has clawed its way up again and is now almost right back where it started. A volatile week, but a resilient recovery.

The top meme coin gainers this week rose from the dead like pixelated zombies on a bull run, posting double-digit gains and reminding everyone that, in crypto, the joke’s never really over.

The big guns like Bitcoin, Ethereum, Solana, XRP and BNB are back in recovery mode as geopolitical tensions ease. Meanwhile, U.S. Director of Federal Housing William J. Pulte ordered the two government-sponsored enterprises, Fannie Mae and Freddie Mac, to prepare to consider crypto for mortgage loan risk assessments.

According to DeFiLlama’s Narrative Tracker, meme coins are still ranked second and outperformed most of the crypto market YTD.

The 30-day trajectory showed that the meme coin hype train continues to slow down, but over the last week they’ve held the line surprisingly well, with only minimal losses.

The top meme coins got some of their groove back this week, riding a wave of cautious optimism as global tensions began to ease.

CMC Meme Coins Page

Meme coins saw a mixed bag this week; some coins clawed their way back with impressive rebounds, while others stumbled, leaving the space buzzing with shaky confidence, wild swings, and just enough chaos to keep things interesting.

Biggest Gainers

Biggest Decliners

Solana Memes

Useless Coin ripped 55% after being listed on another crypto exchange.

Ethereum Memes

BSC Memes

Runes on Bitcoin

Dog (DOG) went up 15% and is finally getting listed on a top-tier CEX.

DYOR before aping any tokens; meme coins are extremely risky.
Keep an eye on Fannie Mae, Freddie Mac, and crypto for mortgage loan risk assessments.
Meme coins are volatile. Make sure to have a diversified portfolio.
Consider reinvesting some profits into safer crypto tokens or stables.

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