Degens, ever feel like shouting from the rooftops just echoes back at you? That's the vibe in memecoin trading right now, and Tiger (@NotChaseColeman) – the sharp-tongued Solana degen with 52K followers – just nailed it.
If you're trafficking in the attention economy (memecoin trading) and some of the biggest faces in business and media loosely tout something that you're invested [in] that results in zero price reaction, something has gone wrong or this vertical is temporarily cooked.
The Trigger: Vikara Capital's $USDUC Shoutout
Enter Vikara Capital, a liquid crypto fund run by ex-TradFi pros. On Oct 29, they dropped this gem:
"If you like Stablecoins you'll probably love Unstable Coins. Ticker is $USDUC. Barbell stablecoin tangential DeFi like CRV, AAVE, PENDLE, SYRUP / L1s like XPL with USDUC."
Full Vikara post here – 55 likes, 23 reposts, 13K views. Not bad for a fund manager's meme play.
$USDUC (Unstable Coin) is the ultimate stablecoin roast: a Solana memecoin that flips the script on boring pegs like USDC/USDT. CA: CB9dDufT3ZuQXqqSfa1c5kY935TEreyBw9XJXxHKpump. MC ~$17M, price hovering at $0.017-0.018. Holders growing, treasury stacking via Pump.fun revenue share, even CEX listings on Kraken/MEXC.
But... crickets on price. No 2x, no wick, nada. DexScreener chart tells the tale – flatline city.
Why No Pump? Memecoin Market Red Flags
Liquidity Drought: Degens tapped out after summer runs. Equities sucking up risk dollars – why bet on memes when Nasdaq hits ATHs?
Attention Fatigue: KOLs yelling, but FOMO crowd rotated to AI/ stables. Stablecoin supercycle booming (Tether's USA₮, PayPal plays), yet $USDUC – the anti-stable meme – sleeps.
Holder Diamond Hands: $USDUC community is cypherpunk maxis. @yishanyugong dropping manifestos: "Unstable Coin can go $750B and eat DeFi." No panic sells, but no fresh blood either.
Replies to Tiger's post? Pure chaos gold:
- "tell the prison guards to full port unstable coin" 🏰
- "$cook coded" (shoutout Pump.fun meta)
Is Memecoin Trading Actually Cooked?
Temporarily? Yeah. Attention economy runs on novelty + liquidity. Right now:
- SOL memes need a spark (GIGA? PUMP?).
- Hedge fund nods used to = moonshots. Now? Meh.
Bull case for $USDUC:
- Stablecoin narrative exploding.
- Vikara validation = insto door cracked.
- Team grinding: Bridges, spaces, streams incoming.
Pro tip: DYOR on DexScreener or CoinMarketCap. NFA – but if Vikara bags it hard...
Stay Ahead at Meme Insider
Meme Insider tracks Solana memecoins, Pump.fun runners, and narrative shifts like unstable > stable. Subscribe for alpha: meme-insider.com/newsletter.
What's your take? $USDUC breakout or bagholder trap? Drop in comments.
Former CoinDesk EIC | Meme Insider | Not financial advice.