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The meme cycle is dead for now and here’s why

  • June 2, 2025

Before Trump, we had daily runners doing $100M+, and every week, there were plays pushing over $1B in volume. So what changed?

The Runners Became Ruggers

The peak of the shitcoin bull cycle wasn’t when memes pumped — it was when ruggers started openly promoting their own tools and strategies.

Massive scams like the Libra team draining tens of millions, while being backed by platforms like Meteora, turned the game toxic.

Devs became celebrities not for building, but for scamming.

Trust evaporated. The audience saw through the mechanics, and when fear replaces greed, liquidity dries up.

No New Blood, Only Bitcoin Maxis

There’s only one thing people want now: Bitcoin.

Major holders and whales are completely disillusioned with tech promises and alt-narratives.

No one wants to accumulate ETH, SOL, or — God forbid — memecoins or shitcoins.

The new generation of users isn’t entering at all, or if they are, they only stack BTC.

Without new buyers, there’s simply no fresh liquidity.

Bots & Onchain Tools Killed the Edge

Back then, profits were made in chaos. Now it’s all systematized:

Anyone can track wallets, set auto-limit orders, copy profitable traders, deploy tokens in seconds, and farm incentives.

On-chain became too transparent, and alpha became too democratized.

As the saying goes:

Money is made where things are unclear. Where everything is obvious — money disappears.

This is where we are now

Not Just Solana Memes — The Whole Narrative isn’t just about Solana memes. The entire “degen onchain culture” is in a winter phase. Yes, shitcoins, NFTs, ICOs will never die — but they must evolve.

The Market Has Changed We’ve entered a phase where:

  • Mistakes are punished instantly.
  • Trust is gone.
  • Attention is fractured.
  • And liquidity is a rare asset, not a given.

What Will Bring Liquidity Back?

We need a phoenix moment. A reset. A new format that reignites the spark:

  • A fresh narrative that hasn’t been milked dry.
  • A new generation of storytellers, not scammers.
  • A product or project that feels different — not just another “same devs same game.”
  • Something where emotions > mechanics — because people ape not into logic, but into hope.

Until then, don’t expect a real altseason. The game has changed. And the rules? They’re brutal now.

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