The post Meme Coin Madness: TOSHI Leads as Base Memes Surge, Trump Drama Unfolds appeared on BitcoinEthereumNews.com.
The previous week in the meme coin market can only be described as chaotic. With enormous price swings, political drama, and high-profile security breaches, investors and traders have had their hands full. Base’s TOSHI surfaced as the biggest winner with an almost unbelievable 194% surge. Most other meme coins—especially those on Solana—faced sharp downturns. Then, to top it all off, the fiery Trump meme coin saga took an unexpected turn. Meme coins and politics make for an interesting combination, but don’t be fooled into thinking it’s a harmless one. Meme Market Overview: Mixed Fortunes Across the Sector In total, the meme coin sector saw a sharp 11% decrease in market capitalization, which now stands at $92.34 billion. This shift happened as traders directed their capital to better-performing narratives such as DeepSeek AI, the upcoming Chinese New Year, and the latest Federal Open Market Committee meeting. But there are exceptions to this downturn. Base chain meme coins have conveniently shrugged off this bearish market sentiment and are up and running, performing quite well in a market that is otherwise struggling. Headlining the efforts was TOSHI, which skyrocketed to 194.80%, marking a powerful comeback for Base ecosystem meme coins. The same cannot be said for Solana-based projects, which suffered heavy losses. POPCAT plunged by 39.57%, while PENGU dropped by 38.96%. However, not all Solana memes struggled—BLUB, built on the SUI blockchain, gained 20%, proving that some projects still had bullish momentum. 🚀 Week in Meme Coins: Toshi or Not Toshi? Base Memes Are Back! • Base’s $TOSHI soars 194%!• TRUMP family meme drama!• Breaking Bad star hacked! Let’s unpack this wild week in memes 🧵 1/6 — CoinMarketCap (@CoinMarketCap) January 31, 2025 Trump Family Meme Coin Drama Escalates This week, the ridiculous political meme coin saga involving Donald Trump and his family…