In the fast-paced world of crypto, where trends shift quicker than you can say "pump and dump," a recent thread on X (formerly Twitter) has sparked conversations about where smart money is heading. Posted by @artsch00lreject, the thread dives into insights from group chats (often abbreviated as GCs in crypto circles) revealing that many traders are left holding spot positions in meme coins. Spot positions, for the uninitiated, simply mean buying and holding the actual asset outright, without leverage or derivatives—think of it as owning the coin directly in your wallet.
Key Takeaways from the Thread
The main post sets the stage: "after talking to a lot of GC’s mostly what ppl say they have left is spot positions in memes maybe pendulum swings to onchain." This suggests a broader sentiment in the crypto community. Traders, after navigating volatile markets, are consolidating into straightforward holdings in meme tokens. The "pendulum swings to onchain" part hints at a potential shift toward more decentralized, on-chain activities—things like DeFi protocols, NFT minting, or community-driven projects built directly on blockchains like Solana or Ethereum.
Replies to the thread amplify this vibe, with users plugging their favorite meme coins, showing just how vibrant the meme ecosystem remains. For instance, one reply promotes Peepz on Solana, a project featuring interstellar critters, complete with an eye-catching image.
Another user shares enthusiasm for KWO, a cat-themed coin, declaring trust in the "cat coin supercycle."
Why Meme Coins Are Still Holding Strong
Meme coins aren't just jokes anymore—they're a cultural phenomenon in blockchain. Born from internet humor and viral marketing, tokens like Dogecoin or newer ones on Solana have proven their staying power. In this thread, the focus on spot positions indicates a more conservative approach amid market uncertainty. Instead of risky leveraged trades (which can lead to liquidations if prices swing wildly), folks are betting on long-term holds.
This aligns with broader trends. As CoinDesk reports, meme coins have seen massive inflows in 2025, driven by community engagement and social media hype. The mention of a pendulum swing to onchain could mean more emphasis on utility. Onchain refers to transactions and activities happening directly on the blockchain, verifiable and transparent, as opposed to offchain solutions that might rely on centralized elements.
Spotlight on Featured Memes
The replies highlight several promising projects:
Peepz on Solana: Described as "interstellar critters crash landed on solana," this one emphasizes fun and community. With replies like "peepz will fly," it's clear holders are optimistic.
KWO: A cat coin with a loyal following, users are chanting "In the cat coin supercycle we trust." Cat-themed memes have exploded in popularity, rivaling dog coins.
Capy: One reply urges to "collectively bid $capy to new highs," showcasing grassroots efforts to pump prices through community bidding.
Unicorn Fart Dust (UFD): Positioned as a "safe haven" in memes, with real people and long-term belief. The reply notes: "Memes that won’t disappear as soon as the top holders get rich."
Other mentions include WikiCatCoin and various satirical takes, underscoring the diversity in the meme space.
Implications for Blockchain Practitioners
If the pendulum is indeed swinging to onchain, meme coins could evolve beyond speculation. Projects integrating real utilities—like gaming, NFTs, or social tokens—might lead the charge. For practitioners, this means keeping an eye on Solana-based memes, which dominate due to low fees and fast transactions.
As always in crypto, do your own research (DYOR). Threads like this offer snapshots of sentiment, but markets can flip on a dime. If you're diving into memes, start small and focus on communities with genuine engagement.
Stay tuned to Meme Insider for more updates on the wild world of meme tokens.