Solana memecoins: Starter guide (2025)

Welcome to the whimsical world of Solana memecoins, where humor meets a high-speed blockchain.

From the legendary BONK to the ever-popular dogwifhat, these tokens are more than just internet jokes—they're a vibrant part of the crypto ecosystem.

Whether you're here for the memes, the potential gains, or just to explore, this guide will help you navigate the playful yet unpredictable landscape of Solana memecoins.

Let's dive in and see what the buzz is all about!

Memecoins: The origin story

The history of memecoins is relatively recent and tied closely to the emergence of cryptocurrencies and the culture surrounding internet memes.

One of the earliest and most influential memecoins is Dogecoin, which laid the foundation for the concept of using memes as a basis for creating digital currencies.

Dogecoin, launched in December 2013, was initially created as a joke by software engineers Billy Markus and Jackson Palmer. It featured the Shiba Inu dog from the popular "Doge" meme as its logo.

Despite its origins, Dogecoin quickly gained traction and developed a passionate community.

As such, the success of Dogecoin set a precedent for other memecoins to emerge. Over time, numerous cryptocurrencies with meme-inspired branding and themes started to surface, often capitalizing on internet trends and social media hype.

Trading memecoins: Risks and considerations

Having said that, the market for memecoins is highly speculative and volatile, with prices often driven by “clout” rather than an underlying technology or utility. While some memecoins have seen brief surges in value, others have experienced significant price fluctuations and faced scrutiny due to their lack of intrinsic value or real-world use cases.

Overall, memecoins represent a niche within crypto that leverages internet culture, memes, and community-driven enthusiasm, but they also come with heightened risks and speculation.

Due to their volatile nature and potential lack of long-term sustainability, it’s always a good idea to approach memecoins with caution and conduct thorough research before investing.

Top memecoins on Solana

TRUMP

In January 2025, just before his second inauguration, President Donald Trump launched the TRUMP memecoin on Solana. As an officially Trump-affiliated memecoin, TRUMP has quickly soared to a multi-billion-dollar market cap, with trading volumes indicating continued strong interest from traders. Currently, 80% of the TRUMP token supply is still held by CIC Digital LLC, an affiliate of the Trump Organization. There's no denying: Whether in politics, merchandise, or crypto, the Trump brand knows how to hold the spotlight.

BONK

Similar to Dogecoin, BONK is a dog-themed memecoin as well. The team designed it with the Solana ecosystem in mind, which is why it airdropped 50% of its supply to the community. The remaining 50% was allocated to five key categories: team development, marketing, initial liquidity, BONK DAO, and early contributors. Today, BONK is well integrated into Solana DeFi and functions as a community activation and user-onboarding tool.

FARTCOIN

FARTCOIN, a memecoin launched on Solana, has gained significant attention for its humorous branding. Despite its tongue-in-cheek origins, its rise reflects the increasing appetite for speculative projects in the crypto ecosystem. While its long-term viability remains uncertain, FARTCOIN has already cultivated a dedicated community.

WIF

Dogwithat, represented by the ticker "WIF," is a memecoin that has gained popularity within the Solana ecosystem and beyond. The memecoin is characterized by its Shiba Inu mascot adorned with a hat—a playful addition to the crypto space as a whole. WIF has experienced multiple price surges, marking a notable achievement by becoming the first major memecoin to cross the $3 price threshold.

PENGU

PENGU is a Solana memecoin from Pudgy Penguins, crypto's first breakthrough consumer brand, with toys available at major retailers such as Walmart and Target. While PENGU is a memecoin, it represents something more profound: Crypto's first-ever Consumer Brand Token (CBT) and Intellectual Property Token (IPT).

SPX6900

SPX6900 is a memecoin operating on Solana, designed as a satirical take on traditional financial indices, particularly the S&P 500. Murad Mahmudov, known as @MustStopMurad on X, is a prominent advocate of SPX6900 and its parody nature. He has publicly expressed his belief that the memecoin could become the biggest globally, significantly boosting SPX6900's visibility and credibility within the crypto community.

POPCAT

POPCAT is a Solana-based memecoin inspired by the viral "Popcat" meme, which features a cat named Oatmeal with a comically opening mouth. Launched to capitalize on the meme's popularity, POPCAT has garnered significant attention in the crypto community.

Peanut the Squirrel (PNUT)

PNUT is a memecoin launched on the Solana and is inspired by the story of Peanut, a pet squirrel who became an internet sensation and a symbol of animal rights advocacy. The token exemplifies how memecoins can transcend humor, serving as platforms for social commentary and collective action.

AI16Z

AI16Z is a unique memecoin on the Solana blockchain that combines artificial intelligence with decentralized finance. ai16z is a venture capital DAO led by the AI agent @aixvc_agent, leveraging artificial intelligence and collective intelligence to drive investment decisions.

Token discovery and research

Here are some tools to make your memecoin trading on Solana easier and safer.

Phantom

As the most widely-used crypto wallet on Solana, many users turn to Phantom for memecoin trading. When a memecoin or token starts gaining momentum, it gets listed in Phantom's Explore section under "Trending Tokens". You can take advantage of this alpha—just log into your Phantom wallet and tap the magnifying glass icon in the top right corner. There, you'll instantly see the top 10 trending tokens that Phantom users are actively trading, helping you stay ahead of the latest memecoin movements.

Birdeye

Birdeye is a platform that offers unique insights such as real-time price updates and historical data analysis for established and newly-launched coins and tokens on Solana and other blockchains. As such, users can leverage Birdeye to monitor market trends to make more informed trading decisions.

RugCheck

Trading Solana memecoins and tokens can be exciting, but the safety of your funds should always be your top priority. The more dynamic the market, the higher the influx of new memecoins and tokens—making it difficult to differentiate between legitimate assets and scams. Before trading memecoins, make sure to grab the token address and submit it to RugCheck. RugCheck will evaluate the memecoin and tell you if it's legitimate or not. However, sometimes it's buggy. If so, check the validated tokens list to see if the memecoin or token is verified and legitimate.

SolanaFM

If you'd like to look under the hood of your favorite Solana memecoins, SolanaFM is the best tool to do so. SolanaFM is a block explorer, similar to Etherscan, which you might be familiar with. Just like Etherscan, SolanaFM keeps track of all the public data on the Solana network and displays the results like a search engine. This data includes transaction data, wallet addresses, smart contracts, and much more. When you paste a token address into SolanaFM, you'll be able to see the associated transactions, transfers, instructions, and the distribution among the largest holders.

How to set up a Phantom wallet?

If you’re looking for a friendly wallet to trade Solana memecoins, try us!

We offer browser extensions for Firefox, Chrome, Brave, and Edge, as well as apps for iOS and Android.

To get started, download the Phantom browser extension or mobile app.

How to set up Phantom on mobile

• Follow the installation steps of the Phantom app on your device
• Open the app—you’ll be greeted by the Phantom onboarding screen
• Select “Create New Wallet”
• Enable biometric security and click “Next”. This secures your wallet using fingerprint or facial recognition to ensure you are the only one that can access it. We strongly recommend turning this feature on!
• You will be presented with your “Secret Recovery Phrase” (seed phrase)
• Be sure to store your Secret Recovery Phrase in a safe and secure location!
• Your Secret Recovery Phrase is the MOST important part of your new wallet:
  • Whoever has access to your Secret Recovery Phrase will have access to the wallet’s funds
  • If you lose your Secret Recovery Phrase, you will lose access to your wallet and its funds
  • We at Phantom never have access to your Secret Recovery Phrase
  • Phantom team members will never ask you for your Secret Recovery Phrase
  • The Secret Recovery Phrase is the only way to recover your wallet
• After saving your wallet password and securing your Secret Recovery Phrase, select “Continue” to proceed
• You can enable notifications to get instant updates about your wallet activity. These can also be customized in the Phantom app via Settings > Notifications
• To fund your wallet, make sure to check out our Apple Pay and Google Pay guide

How to set up Phantom on desktop

• Follow the steps in your respective extension store to add Phantom to your browser
• Open the Phantom browser extension and select “Create New Wallet”
• Key in a secure password and select “Continue”
• You will be presented with your “Secret Recovery Phrase” (seed phrase)
• Be sure to store your Secret Recovery Phrase in a safe and secure location!
• Your Secret Recovery Phrase is the MOST important part of your new wallet:
  • Whoever has access to your Secret Recovery Phrase will have access to the wallet’s funds
  • If you lose your Secret Recovery Phrase, you will lose access to your wallet and its funds
  • We at Phantom never have access to your Secret Recovery Phrase
  • Phantom team members will never ask you for your Secret Recovery Phrase
  • The Secret Recovery Phrase is the only way to recover your wallet
• After saving your wallet password and securing your Secret Recovery Phrase, select “Continue” to proceed
• After successfully setting up your Phantom wallet, you can access it on the top right-hand side of your browser's toolbar
• Don’t see Phantom? Click the icon that looks like a puzzle piece to access a list of your browser’s extensions, where you will find Phantom
• Click on the pin icon next to Phantom to make the wallet visible in your browser's toolbar and easier to find in the future
• To fund your wallet, make sure to check out our Apple Pay and Google Pay guide

Trading memecoins with Phantom

• Log in to your Phantom wallet
• Select "Swap" and the token (e.g. SOL or USDT/C) you'd like to use in the swap
• Next, select the drop-down menu in the "You receive" section, and then either paste the CA of the memecoin or type its name into the search bar
• After selecting the memecoin, finalize your swap

How to share Solana memecoins with friends and family

Know someone who might be interested in Solana memecoins? You can share a simple token page with them so they can get involved.

Here's how:

• Open Phantom
• Search for e.g. “BONK” and select the token
• Click the “Share” button
• Copy the link
• Send the link through your preferred app, such as iMessage, Telegram, Instagram, or others

When you share this link, the recipient will receive the official BONK token page from Phantom.

How to bridge tokens to Solana with Phantom?

If you’d like to bridge funds to Solana, use our very own Crosschain Swapper! With our Crosschain Swapper, you can bridge tokens across Solana, Ethereum, Base, and Sui right in your Phantom wallet.

FAQs

Disclaimer: This guide is strictly for educational purposes only and doesn’t constitute financial or legal advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.