If you're tuned into the wild world of Solana meme tokens, you've probably heard the buzz around Internet Capital Markets, or ICM for short. It's essentially a fresh way to launch and fund crypto projects right on the blockchain, blending social media hype with real onchain mechanics to create tokenized assets. Recently, Josh from MicroCapGemShow dropped a tweet that's got everyone talking about the ICM ecosystem's glow-up after Believe.app's pivot. Let's break it down and see why this could be a game-changer for meme token enthusiasts.

Josh, who's also a contributor to ICM.RUN (Solana's DAO and incubator for these markets), shared a snapshot of the ICM landscape looking stronger than ever. The pivot at Believe.app—a platform that lets you create tokens via simple tweets—led to projects migrating elsewhere, clearing the path for more robust growth. No more hanging on one launchpad; now, the ecosystem is spreading its wings.

Check out this treemap from the tweet—it visualizes the top players in the ICM space, with their market caps and daily performance. Leading the pack is $AVICI at a solid $54M, followed by $DUPE at $25M, $SOLO at $24M, and $KLED at $23M. These aren't just random memes; they're tied to innovative projects pushing boundaries in crypto funding.

Speaking of innovation, Josh highlights a few standout projects that are solidifying ICM's foundation:

• ​MetaDAO​: They're pioneering the onchain Futarchy model. If you're new to the term, Futarchy is a governance system where decisions are made based on prediction markets—basically, betting on outcomes to guide project directions. This makes it super crypto-native, perfect for teams building decentralized products.

• ​LaunchOnSoar (SOAR)​: This one's all about the Senior Debt mechanism. Think of it as a way to create low-float tokens (meaning fewer tokens in circulation, which can drive up value) for exciting Web2 startups transitioning to blockchain. It's like giving traditional businesses a crypto makeover with structured financing.

• ​Street Foundation​ and ​Kled AI​: These are building momentum with equity anchors, tokenizing startups without tripping over security regulations. Street turns ideas into non-equity tokens, while Kled focuses on a consumer data marketplace, sourcing massive datasets for AI and more.

With these pillars in place, ICM is primed for fresh launches that deliver actual products, users, and—crucially—onchain revenues. Josh calls December "delivery szn," meaning we can expect real milestones like product rollouts and revenue streams hitting the blockchain. This shift from hype to substance could elevate meme tokens from pump-and-dump plays to legitimate value creators.

Personally, Josh's favorites—$VIVA, $ORGO, and $ICM—stand out in the treemap too. $VIVA's up 18.6% with a $3.3M cap, showing strong community vibes, while $ORGO and $ICM represent core ecosystem bets. At MicroCapGemShow, they've built deep ties with these top teams, so expect more coverage and insights there.

If you're a blockchain practitioner eyeing meme tokens, this tweet is a signal: ICM is evolving fast. Keep an eye on Solana for the next wave of onchain innovation. For the full thread and discussions, head over to the original post on X. What's your take—ready to dive into ICM?