What Is Memecoin Token: The Solana Meme Coin Celebrating Pepe’s Legacy

7 min readApr 22, 2025

TL;DR

Memecoin is a viral meme coin on the Solana blockchain, launched to celebrate the second anniversary of Pepe the Frog’s crypto legacy.
It’s a community-driven token that thrives on humor, relatability, and the chaotic energy of meme culture.
Built on Solana for fast, low-cost transactions, it aims to capture the spirit of the memecoin movement without pretending to be anything more than a fun, speculative asset.
It’s a high-risk, high-reward meme coin with growing attention.

Introduction

Memecoin (MEMECOIN) is a Solana-based token that was launched to honor the second anniversary of Pepe the Frog’s rise in the crypto world. Born from the heart of meme culture, Memecoin is all about fun, community, and the kind of viral energy that makes you chuckle and hit “share.” It’s not trying to revolutionise finance or promise moon-landing profits — it’s just a memecoin, and that’s its charm.

In a crypto market filled with complex DeFi protocols and utility-driven tokens, Memecoin stands out by keeping things simple. It’s a nod to the internet’s love for humor and absurdity, built on Solana’s fast, low-cost blockchain. Its relevance lies in its ability to tap into the growing influence of meme-driven projects, which have proven capable of rivalling even the biggest cryptocurrencies in popularity.

By celebrating Pepe’s legacy, Memecoin could carve out a unique space in the industry, uniting meme lovers and crypto enthusiasts in a shared, lighthearted mission. This article dives deep into what makes Memecoin tick, why it’s worth watching, and how it fits into the wild world of meme coins.

Why You Should Pay Attention to Memecoin Recently?

Memecoin is making waves, and it’s not just because of its catchy name. On April 15, 2025, it landed a major listing on CoinEx, a popular crypto exchange, opening up trading for the MEMECOIN/USDT pair. This move has boosted its visibility and accessibility, sparking buzz across social platforms like X, where users are hyping its potential to become “the king of all memecoins”.

The timing is perfect — launched on Pepe’s birthday, Memecoin is riding the wave of nostalgia and community spirit. With Solana’s meme coin market cap hitting $7 billion, despite a recent 1.3% dip, the ecosystem is ripe for new players like Memecoin to shine (CoinGecko, 2025). Its viral potential and community-driven vibe make it a token to watch in this meme-fueled bull run.

Overview of Memecoin

Name: Memecoin (MEMECOIN)
Explorer: Memecoin (MEMECOIN) on Solscan
Max Supply: 999,999,999
Contract Address: 5HV956n7UQT1XdJzv43fHPocest5YAmi9ipsuiJx7zt7
Twitter: MEMECOIN Community X Token
Supported CEX: CoinEx
Supported DEX: Meteora, PumpSwap

What Is Memecoin (MEMECOIN)?

Memecoin is exactly what it sounds like — a meme coin called Memecoin, built on Solana to embody the wild, hilarious spirit of the memecoin movement. It’s not about fancy tech or solving world hunger; it’s about capturing the absurdity and heart of internet culture.

Launched on Pepe’s birthday, it’s a nod to the iconic Pepe the Frog meme, which has become a crypto legend in its own right.

Features of Memecoin

Community-Driven: Memecoin lives and breathes through its community, which rallies around memes, humor, and shared crypto dreams.
Solana-Powered: Built on Solana, it offers lightning-fast transactions and low fees, perfect for the high-volume trading of meme coins.
Viral Potential: Its branding and Pepe connection give it infinite memeability, making it a prime candidate for social media hype.
No Pretensions: Memecoin doesn’t promise utility, it can’t deliver — it’s upfront about being a fun, speculative asset.

How Does Memecoin Work?

Memecoin operates as a standard SPL (Solana Program Library) token on the Solana blockchain, leveraging Solana’s high throughput and low transaction costs to make trading seamless. There’s no groundbreaking tech here, and that’s the point. Its “innovation” lies in its cultural resonance and sense of community. Users can buy and trade on Coinex

The Power of Simplicity

Unlike some crypto projects that overwhelm with complex white papers, Memecoin keeps it simple. It’s a token for trading, memeing, and vibing with the community. Its smart contract ensures secure and transparent transactions, while Solana’s scalability handles the hype-driven trading spikes that meme coins often experience.

Community Engagement

Memecoin’s real engine is its community. Through platforms like Telegram and X, holders share memes, hype the token, and spread the word. This organic, grassroots approach mirrors the success of other meme coins, giving Memecoin its staying power.

The Legacy of Pepe and Why It Matters

Pepe the Frog, born as a humble comic character, became a global meme and a crypto icon through tokens like $PEPE on Ethereum. In crypto, Pepe symbolises resilience — riding the highs and lows of market cycles while staying relevant. Memecoin taps into this by celebrating Pepe’s second anniversary, positioning itself as a successor that carries the torch of humor and defiance.

Unlike earlier Pepe-themed coins, which often leaned on hype alone, Memecoin stands out by embracing the broader memecoin movement. While $PEPE on Solana saw a quick 1,000% surge but later corrected due to volatility, Memecoin aims for longevity through community loyalty and Solana’s efficient infrastructure. It’s not just another frog token — it’s a love letter to the entire meme coin ethos.

The Role of Meme Culture in Crypto Success

Meme culture has transformed crypto from a nerdy niche into a pop culture phenomenon. Coins like Dogecoin, Shiba Inu, and $PEPE didn’t succeed because of tech — they won hearts with humor, relatability, and viral marketing. Dogecoin started as a joke but hit a $90 billion market cap at its peak, thanks to Elon Musk’s tweets and Reddit hype. Shiba Inu rode the “Doge killer” narrative to billions, while $PEPE’s 2023 run to a $1.6 billion market cap showed memes could move markets.

Memecoin leans into this playbook. Its name and Pepe connection make it instantly recognizable, while its community-driven approach fosters loyalty. Memes shared on X and Telegram aren’t just funny — they’re marketing gold, spreading awareness faster than any ad campaign. By embodying the chaotic, relatable spirit of memes, Memecoin builds an identity that resonates with crypto’s degen traders and casual fans alike.

The Price Change of Memecoin on CoinEx

Today, April 17, 2025, the market shows some shifts for Memecoin (MEMECOIN). Over the last 24 hours, there has been a 35.43% price decrease. Looking at the week, the price has dropped by 76.95%.

However, since its inception, MEMECOIN has seen an overall decrease of 76.95%. As of today, the current price of MEMECOIN is $0.002867 USD.

Is Memecoin Worth Buying?

Memecoin’s appeal lies in its simplicity and potential. Here’s why it’s catching eyes:

Viral Narrative: Its launch on Pepe’s birthday and bold “Memecoin” branding make it a natural fit for meme lovers, with infinite viral potential (Memecoin Community, 2025).
Strong Community: The X community’s enthusiasm, coupled with posts predicting it could “run” with belief, shows a dedicated base driving growth.
Solana’s Ecosystem: With Solana’s meme coin market booming at $7 billion, Memecoin benefits from a thriving ecosystem and low-cost trading (CoinGecko, 2025).
Accessibility: A 69 trillion supply keeps prices low, letting anyone join the fun without breaking the bank.
Recent Listing: The CoinEx listing on April 15, 2025, boosts liquidity and exposure, making it easier to trade.

Of course, meme coins are volatile, and Memecoin’s value hinges on community hype. But for those who love the thrill of meme-driven projects, it’s a compelling pick.

FAQ Section

Is Memecoin a Good Investment?

Memecoin is a high-risk, high-reward asset, like most meme coins. Its value depends on community engagement and market trends. If you believe in its viral potential, it could be worth a small, speculative investment, but always do your own research.

How to Buy Memecoin?

You can buy Memecoin on CoinEx. Check dexscreener.com for live trading pairs.

What Makes Memecoin Different from Other Meme Coins?

Memecoin stands out with its Solana base, massive supply, and focus on Pepe’s legacy. It’s unapologetically simple, prioritizing community and humor over complex utility.

References

Coingecko. (n.d.). Memecoin (MEMECOIN). Retrieved April 17, 2025, from https://www.coingecko.com
Memecoin. (n.d.). Memecoin Official Website. Retrieved April 17, 2025, from https://memecoincto.xyz/
Dexscreener. (n.d.). Retrieved April 17, 2025, from https://dexscreener.com/solana/8fyvrgzr6xcas2t5exfccwzjv9us51ttgn5befq4cety
Memecoin. (n.d.). It’s the official X account. Retrieved April 17, 2025, from https://x.com/i/communities/1911705540356440265

About CoinEx

Established in 2017, CoinEx is a global cryptocurrency exchange designed with users in mind. Since its launch by the industry-leading mining pool ViaBTC, the platform has been one of the earliest crypto exchanges to release proof-of-reserves to protect 100% of user assets. CoinEx provides over 1300 cryptocurrencies, supported by professional-grade features and services, for its 10+ million registered users across 200+ countries and regions. CoinEx is also home to its native token, CET, which incentivizes user activities while empowering its ecosystem.