Hey there, meme token enthusiasts! If you’ve been keeping an eye on the Solana blockchain, you’ve probably heard the buzz about Degen Fat Cats, one of the oldest coin flip projects in the ecosystem. Recently, a major shakeup hit the project, and it’s got everyone talking. Let’s dive into the details of the affiliate program termination and the wild 95% crash in the NFT floor price that followed.

What Happened with the Affiliate Program?

On July 28, 2025, SolanaFloor broke the news that DegenCoinFlip decided to end its revenue-sharing model for the Degen Fat Cats NFT collection. This move came after the project received a regulatory examination notice back in January 2025. The notice raised questions about the sustainability of their affiliate marketing program, prompting a thorough internal review with input from their legal team.

After exploring various modifications, the team concluded that no changes could adequately address the regulatory concerns. As a result, the affiliate program was permanently discontinued, effective July 1, 2025. The announcement included a wind-down timeline, requiring all affiliate activities to cease by that date, with final payments for eligible activities completed through June 30, 2025. Affiliate links and promotional materials must also be discontinued by July 1.

The statement highlighted that gaming operations remain unaffected, and the decision is final. It also acknowledged the program’s importance to the community over the past four years, thanking affiliates for their efforts and engagement.

The NFT Floor Price Crash

The real shockwave came with the impact on the Degen Fat Cats NFT floor price. Following the announcement, the floor price plummeted 95%, dropping from 2 SOL to just 0.018 SOL. This dramatic crash was visualized in a chart shared by SolanaFloor, showing a steep decline after a brief spike in volume on July 28, 2025, at 10:00 AM.

This kind of drop highlights how sensitive the NFT market can be to changes in revenue models or regulatory pressures. The sudden shift in sentiment left many holders reeling, with some seeing it as a buying opportunity while others questioned the project’s future.

Why Did This Happen?

Regulatory scrutiny is nothing new in the crypto space, especially for projects involving NFTs and affiliate marketing. The notice likely targeted the revenue-sharing structure, which might have been interpreted as a form of unregulated financial incentive. Despite efforts to tweak the program, the legal team couldn’t find a workaround, leading to the abrupt termination.

This situation isn’t isolated. The broader crypto industry has faced increasing oversight, with affiliate programs often coming under the microscope due to their potential to blur lines between marketing and investment schemes. For Degen Fat Cats, a project rooted in the playful world of meme tokens, this regulatory hurdle proved too high to jump.

What’s Next for Degen Fat Cats?

While the affiliate program is gone, the gaming operations continue unaffected, which might offer some stability. However, the NFT market’s reaction suggests a loss of confidence among holders. Some community members, like azos_sol, are jumping in to buy NFTs “for the culture,” while others, like EspElement, note how quickly sentiment can shift in this space.

For blockchain practitioners and meme token fans, this event serves as a reminder of the volatile nature of the market. It also underscores the importance of staying informed about regulatory trends. If you’re holding Degen Fat Cats NFTs or interested in Solana-based projects, keep an eye on how the team adapts moving forward.

Final Thoughts

The termination of the Degen Fat Cats affiliate program and the subsequent NFT floor price crash are a stark example of how regulatory pressures can reshape the crypto landscape. At Meme Insider, we’re committed to keeping you updated with the latest news and insights. Whether you’re a seasoned trader or a curious newbie, understanding these shifts can help you navigate the wild world of meme tokens.

What do you think about this development? Drop your thoughts in the comments, and let’s discuss! For more updates on Solana NFTs and meme tokens, stick with us here at Meme Insider.