Solana Memcoins are back in the spotlight: Who's watching them and why

Mike Smith 7 days ago

Interest in Solana-based memecoins is on the rise again, and this week professional investors' attention was focused on five projects: NEET, URMOM, BUTTCOIN, TOLY, and INFLT. Despite high volatility, these assets are not losing popularity. On the contrary, active accumulation is observed, especially from large addresses, which may indicate increased trust in these coins.

Particular attention is paid to NEET and INFLT, which have recorded the largest increase in interest from key market participants. At the same time, URMOM and BUTTCOIN continue to accumulate even in the face of downward price dynamics. On the contrary, TOLY is showing growth due to the influx of retail investors, which emphasizes the heterogeneous nature of demand.

NEET (Not in Employment, Education, or Training) remains one of the most talked about tokens, having gained a solid capitalization in just 16 days after its launch via Pump.Fun. Despite a 32% daily decline, the project holds its value at $9.48 million, while the daily turnover has grown by 7%, to $7.6 million. This indicates continued interest even in the face of short-term turbulence.

In one day, the volume of NEET tokens held by analytically selected "smart money" increased by 126% - from 10.96 to 26.7 million. The circle of top holders and public addresses has expanded, which may indicate the growing involvement of active market participants. At the same time, the share of large wallets decreased by 6.26% - probably, some of them recorded profits on the wave of increased demand, giving way to new players.

URMOM, another memecoin launched via Pump.Fun, has lost 74% of its value in 24 hours. Its capitalization has dropped to $1.35 million, but its turnover remains impressive — about $7 million per day. This decline is explained by the typical market reaction for the Solana segment: rapid growth and an equally sharp decline caused by profit-taking.

Despite the fall, the total accumulation of "smart money" in URMOM has grown by 24.6%, reaching 95 million tokens. Moreover, the top 100 addresses have increased their positions by 61%, which may indicate expectations of a rebound. At the same time, some public wallets and large holders have chosen to reduce their participation — perhaps out of caution.

BUTTCOIN, which has been on the market for more than three months, has fallen in price by 21.5% over the past 24 hours. Its market cap has dropped to $5.9 million, but the daily trading volume remains stable at around $1.49 million. This confirms that the asset is still of interest to traders, despite the price decline. Investors continue to monitor the behavior of large capital and the dynamics of distribution, without writing off the token.

The activity around these tokens indicates an important shift in the perception of memecoins: they are increasingly viewed not as a toy, but as part of a more complex market strategy.