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14 May 2025, 16:40
Top 13 memecoins to watch out for in May 2025
Memcoins have become an integral part of the crypto ecosystem. While they started out as jokes or experiments, they have grown popular, attracting a wider audience and also helping make blockchain technology more approachable. Although many memecoins are built around hype, and a lot of them gain popularity and hype through social media. This shows the power of decentralised communities and how grassroots movements, instead of institutional backing, can influence market dynamics They also serve as an opportunity to profit from small trades and a collective experience for new users. Active and engaged coin holders play a key role in making the memecoins popular and bringing them to the forefront of social media attention. While there are thousands of options to choose from, here are the top 13 memecoins to keep an eye out for this month: 1. Pepe (PEPE) Pepe was a memecoin launched in 2023, drawing inspiration from the “Pepe the Frog” meme. It is a community-focused cryptocurrency and has been created to make a new and fun community just like the original Dogecoin community. It is a layer 1 memecoin, meaning there are no liquidity pools, smart contracts or blacklisting wallets. Anyone can operate a node in the Pepe blockchain and use the hashing method for PoW. The memecoin has a nostalgia-driven approach and runs on Ethereum. 2. Milady Memecoin (LADYS) The Milady Memecoin came up from the cultural wave of the Milady Maker NFT collection, known for its chaotic meme culture and anime-like art style. LADYS did not launch with a whitepaper, utility plan, or roadmap; rather, it tapped into the power of internet culture and aesthetic community engagement. The memecoin gained a lot of attention with the do-it-yourself ethos of Web3 subcultures and anti-establishment. It leans towards the entertainment side of being a memecoin rather than having any utility. 3. Wojak (WOJAK) WOJAK is a memecoin that is built around the meme of the “feels guy.” Wojak has been a relatable character for everyday traders navigating the highs and lows of online life. The memcoin tries to embrace this identity and idea, presenting itself as a token for the people. It is an ERC-20 memecoin that functions with a strong focus on community building in crypto projects, and the team behind the token is focused on creating a transparent and inclusive environment for everyone to be successful. 4. Turbo (TURBO) Turbo is a memecoin that stands out for its community-centric approach and was created with the help of GPT-4. It is built on Ethereum and operates with a total supply of 69 billion tokens. It also has a tax-free transaction model, meaning traders do not have to incur any additional fees. The memecoin is committed to decentralisation, and it attracts digital creators and artists who can use TURBO for buying, selling, and auctioning digital art and collectibles. 5. Fartcoin (FART) FART is a memcoin that started out as a project created by an AI chatbot called Truth Terminal and quickly gained popularity in the market becoming one of the largest AI memecoin by market capitalization. The project operates on the Solana blockchain and leverages the low transaction costs for faster and more economical transactions. The memecoin has a carbon offset program where, for every 1000 tokens that are minted, the platform pledges to plant one tree and contribute to reforestation and offsetting carbon emissions. 6. Bonk (BONK) A memecoin launched on the Solana blockchain and positioned as ‘the people’s dog coin’, Bonk intends to empower users within the Solana ecosystem. It was introduced as a community-driven token with a 50% airdrop of its total supply. This was done to foster decentralization and make sure that the project was not in control of any central entities. The BONK burn mechanism ensures that the token stays deflationary in nature and a portion of each transaction is burnt, aiming to bring down the circulating supply over time. The project also has its own ecosystem consisting of BonkSwap, BonkVault, and BonkorBust. 7. Floki (FLOKI) Floki is a memecoin that was inspired by Dogecoin, and although it started out as a fun memecoin, it has grown ever since into a more holistic ecosystem of DeFi, education, gaming, and real-world utility. The token operates on both Binance Smart Chain and Ethereum and intends to bridge the gap between meme culture and practical blockchain applications. It has a play-to-earn Metaverse game called Valhalla, where players can earn FLOKI tokens by doing in-game activities. 8. Keyboard Cat (KEYCAT) KEYCAT is a memecoin that is based on the internet sensation of the “Keyboard Cat”. The original meme features a cat called Fatso who is seen playing a keyboard. The token celebrates this pop culture phenomenon and invokes nostalgia among its community. The memecoin has an official license and adopts a community-driven approach for governance and development. It is primarily an entertainment-based token and does not really have a roadmap. 9. Ponke (PONKE) Ponke is a memecoin launched on the Solana blockchain and features Ponke, a playful ‘degenerate gambler with anger issues’. The project plays around with a humorous style of branding but has grown to develop a community-driven approach with real-world utility for its token. The Ponke ecosystem has a decentralized exchange called the PonkeSwap, which offers rewards and perks for token holders. The token is also integrated with various travel platforms like Travala and Travel Swap, which let users book flights and hotels using the token. It is also compatible with multiple wallets like Phantom and the Coinbase Wallet. 10. Dogwifhat (WIF) WIF is a memecoin on the Solana blockchain featuring a Shiba Inu puppy wearing a pink knitted hat. Dogwifhat is a community-driven project that works as an SPL or a Solana Program Liberty. The memecoin does not have any burning, staking, or utility-driven features; instead, it derives its value from being community-driven and market speculation. 11. Pudgy Penguins (PENGU) PENGU is a memecoin launched by the Pudgy Penguins NFT project with a total supply of 88.88 billion. The token is built on Solana and rose to fame due to its strong community backing and the success of the Pudgy Penguins NFT collection. The project’s mission is to spread good vibes and foster community-building. The memecoin serves as a utility token in the ecosystem and is useful as a digital collectible, for gaming, partnership, and merchandise. 12. Apecoin (APE) Apecoin or APE is the native token of the APE ecosystem, which is a part of the Bored Ape Yacht Club NFT collection. It aims to create and empower a decentralized community in the crypto space. The memecoin serves multiple purposes in the ecosystem, it acts as a token of governance, enables transactions across various apps, and gives access to exclusive events. 13. Mog Coin (MOG) Mog Coin aims to build a global community centered around the love for cat-themed memes and promote positivity and self-confidence. The token aims to embody the spirit of ‘effortless cosmic domination’. The memecoin has an ecosystem that incentivizes users to generate and share memes within the ecosystem, and rewards that build participation and engagement. MOG intends to celebrate positivity and self-confidence among users. Memecoins are an important part of the crypto ecosystem by mixing humor and pop culture with community engagement. Over time, they have grown from just jokes to powerful marketing tools. Communities are at the core of memecoins, and therefore, they often serve as entry points for new investors in the crypto space. It is important to note, however, that traders and investors should use their discretion before investing in memecoins. Disclaimer. Readers are encouraged to do their own research. Ambcrypto is not liable for any outcomes related to the use of information, products, or services mentioned. This content may include affiliate or partner links.
14 May 2025, 16:37
JPMorgan Chase Initiates First Public Blockchain Transaction on Ondo Finance, Signaling Potential Shift Toward Tokenized Finance
JPMorgan Chase has marked a significant milestone by executing its first transaction on a public blockchain, underscoring its growing engagement in the Web3 sector. This landmark transaction, involving tokenized U.S.
14 May 2025, 16:35
JPMorgan's $4 Trillion Asset Manager Executes First Public Transaction of OUSG Tokenized Treasuries Using Ondo's Blockchain and Chainlink
JPMorgan Chase & Co., managing $4 trillion in assets, has executed its first public transaction of tokenized U.S. Treasuries using Ondo's public blockchain. The transaction, facilitated by Chainlink and Ondo Finance, involved the use of Chainlink's technology to settle the OUSG tokenized fund on Ondo's public ledger. This marks a shift from JPMorgan's traditional private blockchain approach, executed through its Kinexys Digital Payments division, which processes an average of $2 billion in daily transaction volume. The transaction represents the debut of a Delivery versus Payment (DvP) transaction on Ondo Chain's testnet, a new layer-1 blockchain designed for institutional-grade real-world assets. This first testnet transaction showcases a collaboration between JPMorgan's Kinexys division, Chainlink, and Ondo Finance, moving beyond the bank's 'walled garden' strategy. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
14 May 2025, 16:33
Ethereum bet: BTCS raises $57.8m to mirror Strategy’s crypto play
BTCS Inc., a Nasdaq-listed blockchain technology company, plans to buy up to $57.8 million worth of Ethereum as it looks to mirror MicroStrategy’s Bitcoin accumulation. U.S.-based BTCS is looking to execute this initiative via the proceeds of a convertible notes issuance of up to $57.8 million. ATW Partners will lead the capital raise, with BTCS Inc. using the funds to purchase Ethereum ( ETH ). Buying more ETH is part of the company’s plan to expand its digital asset footprint, including through validator node operations, it said in an announcement on May 14. It wants to be the Strategy of ETH. “This capital infusion is expected to enable us to scale our validator node operations by increasing our ETH holdings at what we believe is a critical inflection point in Ethereum’s growth trajectory,” said Charles Allen, chief executive officer of BTCS. “Similar to how MicroStrategy leveraged its balance sheet to accumulate Bitcoin, we are executing a disciplined strategy to increase our Ethereum exposure.” BTCS sees the move as key to supporting the company’s recurring revenue via staking. It also positions the firm for potential gains if the price of ETH continues to rise. Ethereum’s value has jumped more than 42% in the past week, reaching highs of $2,700. While it has largely underperformed Bitcoin over the past year, analysts remain bullish that the altcoin could still rally to its all-time peak of $4,800 in 2025. Read more: Ethereum rebounds 95% in a month — is this the start of a $10,000 cycle or just a technical squeeze? As part of the financing, BTCS has issued an initial tranche of notes worth $7.8 million, with the remaining $50 million issuance expected soon. According to details of the issuance, the notes will be convertible into common stock at a fixed conversion price of $5.85 per share. The deal represents a 194% premium over BTCS’s stock price of $1.99 per share as of Monday, May 13, 2025. CEO Charles Allen has invested $95k in the offering, while a trust the exec is a beneficiary of has put in $200k. BTCS has previously acquired ETH via funds it borrowed through decentralized finance protocol Aave ( AAVE ). The convertible notes offering adds to the available financing options. You might also like: ETH momentum continues as Foundation unveils ‘Trillion Dollar Security’ plan
14 May 2025, 16:33
JPMorgan Settles First Tokenized Treasury Transaction on Public Blockchain, Using Chainlink, Ondo Finance
JPMorgan Chase completed its first transaction on a public blockchain, using Ondo Finance.
14 May 2025, 16:21
CFTC’s Summer Mersinger named CEO of Blockchain Association
The Blockchain Association has appointed CFTC Commissioner Summer Mersinger as its new Chief Executive Officer, signaling a shift in leadership as the crypto industry confronts growing regulatory scrutiny in Washington. Mersinger will step into the role on June 2, following her departure from the Commodity Futures Trading Commission , where she has served since 2022, according to the Blockchain Association. Her last day at the agency will be May 30. A veteran of both Capitol Hill and federal regulatory agencies, Mersinger brings more than 20 years of public policy experience, including as a longtime advisor to Senator John Thune. You might also like: JPMorgan settles tokenized treasuries transaction using Ondo Finance and Chainlink Changes in U.S. crypto policy The announcement comes at a pivotal time for U.S. crypto policy, with debates intensifying over legislation to regulate stablecoins, decentralized finance, and centralized exchanges. As CEO, Mersinger will lead the Association’s efforts to push for clear, innovation-friendly digital asset regulations. “We are absolutely thrilled to welcome Commissioner Mersinger,” said Marta Belcher, President of the Association’s Board. “She is the ideal leader for this moment.” Mersinger succeeds Kristin Smith, who has led the Blockchain Association since its inception. Under Smith, the organization grew from a single staffer to a major lobbying force with over 125 member companies. Sarah Milby, the Association’s Head of Policy, will serve as interim CEO after Smith steps down on May 16. The Blockchain Association says it remains committed to advocating for a regulatory framework that supports innovation while protecting consumers and maintaining U.S. competitiveness in the global digital economy. You might also like: Pi Foundation launches $100m fund for startups to power ecosystem growth