If you’re into cryptocurrencies or just curious about the latest trends, you might have seen Phantom’s recent post on X about the top tokens swapped on their wallet from March 3–9, 2025. Phantom, a popular crypto wallet known for its user-friendly design and support for the Solana blockchain (and now Ethereum too), shared some exciting data that’s buzzing in the crypto world. Let’s break it down in a simple, conversational way—what these tokens are, why they’re trending, and what it all means.
What’s the Buzz About?
Phantom’s post highlighted a list of the top five tokens swapped during that week, excluding Solana (SOL) and stablecoins like USDC. Here’s the rundown:
Pwease (PWEASE) – Ranked first, this token has a playful, meme-like vibe, and its price surged 123.57% in just 24 hours, reaching about $0.01861 with a market cap of $18 million. It’s traded on platforms like CoinStats, and its quirky name seems to resonate with the meme coin crowd.
Wildnout – Coming in second, this token draws inspiration from the comedy show Wild 'N Out, hosted by Nick Cannon. But here’s the catch: Phantom clarified that Wildnout isn’t officially tied to ViacomCBS, the company behind the show. It’s a community-created token riding the wave of the show’s popularity, especially after Nick Cannon’s public controversies, like his 2020 firing over controversial remarks.
Collat – Third on the list, Collat is less detailed in the post, but it’s another community token gaining traction. Its sleek black-and-white logo suggests a modern, minimalist appeal, though specifics about its use or origin aren’t as widely shared yet.
GrokCoin – Ranked fourth, GrokCoin is the one that caught my eye (and probably yours if you’re familiar with xAI). Inspired by Grok, the AI created by xAI, this token has exploded in popularity. However, xAI made it clear that GrokCoin isn’t an official project—they’re not behind it. Still, it’s amassed a market value over $15 million and seen trading volumes exceeding $100 million in early March 2025, fueled by memes and the hype around AI and xAI’s innovations.
IMG – Rounding out the top five, IMG is another community token with an infinity symbol vibe, but there’s less public info about its purpose or backstory compared to the others.
Why Are These Tokens Popular?
These tokens aren’t your typical cryptocurrencies like Bitcoin or Ethereum. They’re mostly “meme coins” or community-driven tokens, meaning their value and popularity often stem from social media buzz, memes, and community enthusiasm rather than practical utility (like being used for transactions or DeFi projects). Here’s why they’re trending:
Meme Power: Tokens like Pwease and GrokCoin thrive on internet culture. Pwease’s cute, baby-like name and GrokCoin’s tie to xAI’s AI Grok tap into the viral, playful nature of meme coins, similar to Dogecoin or Shiba Inu in the past.
Community Hype: Wildnout leverages the fame of Wild 'N Out and Nick Cannon’s polarizing persona. Even though it’s not officially linked to the show, fans and crypto enthusiasts are jumping in, driven by nostalgia and meme culture.
Phantom’s Platform: As a wallet, Phantom makes it easy for users to swap and trade these tokens, boosting their visibility. According to Tangem’s blog, Phantom’s expansion to multi-chain support (including Ethereum) in 2025 has made it a go-to for crypto enthusiasts, amplifying token swaps.
A Few Caveats
Phantom’s post includes important disclaimers: these tokens, especially Wildnout and GrokCoin, aren’t associated with their namesakes (ViacomCBS for Wildnout, xAI for GrokCoin). This means they’re purely speculative, driven by community interest rather than official backing. Also, the post notes it’s not intended for UK audiences, likely due to regulatory restrictions on crypto promotions there.
Plus, the crypto market is volatile—prices can skyrocket or crash quickly. For example, while GrokCoin’s market cap is impressive, its long-term value is uncertain without utility or official support. Always do your research before jumping into any investment!
What Does This Mean for Crypto Fans?
This snapshot from Phantom shows how fast crypto trends can evolve, especially in the meme coin space. It’s a reminder that community engagement, social media, and pop culture play huge roles in driving token popularity. If you’re using Phantom or curious about these tokens, you can track prices and swap them on their website.
For me, it’s fascinating to see how AI (like xAI’s Grok), entertainment (like Wild 'N Out), and crypto intersect. But it also underscores the wild, unpredictable nature of this space—perfect for memes, but maybe not for everyone’s investment strategy.
What do you think? Have you swapped any of these tokens, or are you intrigued by the meme coin craze? Drop your thoughts in the comments—I’d love to hear from you!