What are the new trends in DeFi mining, "rug" pulling, and Solana memes?
In the second half of the meme track, in addition to PvP on Sol and NFT farming on Base Virtual, meme gameplay has also been updated with more diverse strategies. Repump has started to recycle "junk" memecoins, and Farmer memes are attracting users to provide liquidity with high APR. Funds from the meme track are gradually overflowing into services and narratives around the main meme storyline.
Repump: On-Chain "Flippening" Launch
With Pump.fun bringing forth a new narrative of on-chain asset issuance, although memecoins have experienced a significant pump and dump, the true gem is still as rare as a phoenix's feather. It wasn't until after the feast that people realized the oversupply of memecoins in the market, and even the research-oriented P-geniuses jokingly refer to themselves as "trash pickers."
Repump's product design aligns closely with this "flippening." Due to the rampant issuance of assets, many stagnant tokens are not being circulated effectively. Repump can activate the liquidity of shit memecoins. Users can burn surplus memecoins by sending them to Repump's contract for destruction. After destruction, users can participate in the corresponding destruction points redemption event, where these points can be used to claim a new token called "Super Monster."
It is worth noting that the redemption points received are only related to the value of the burned tokens, not the quantity. They are also related to the total value in the burning pool. The "Super Monster" received by users in the end will be calculated based on the user's personal burned value divided by the total value in the burning pool.
According to Repump's official Twitter, in just 3 hours after the launch of the second phase, over 700 players burned more than 3000 memecoins, with a total value exceeding $122 million.
Currently, the top 10 burned tokens on Repump are: $PNUT (33.31%), (11.67%), $RIF (9.68%), $SCIHUB (2.11%), $WIF (1.77%), $ACT (1.51%), $SSS (1.31%), $NuCouché (1.3%), and $Riemann (1.28%). Other tokens account for 33.45% of the total burned amount. It's important to note that the points reward can only be claimed after the Burn phase.
The platform token Goose of Repump has also started its main uptrend, steadily rising since its launch, following the path of making higher highs and lower lows. Currently, its market cap is stable at around 10 million US dollars, with trading volume fluctuating around 800,000. The platform token Goose will also undergo empowerment in the future.
Farmer meme: MemeFi's 3-Day 50x
X Blogger LSP achieved a 50x return in 3 days through the KACY/SOL pool on November 30. He earned fees from the KACY and SOL pool, then after 12 hours, reinvested the earned transaction fees (30 SOL and KACY equivalent to 50 SOL) for "re-staking". Despite KAYC's final fully diluted valuation dropping to 20M, he still obtained higher returns than simply holding the assets.
While some memecoins are prone to zeroing, as long as the trading volume is high enough, liquidity providers (LPs) can still earn generous profits through fees. The preferred entry point for Farmer meme is still LPs with a higher APR. Farmer meme adopts CLMM (Concentrated Liquidity Market Making) instead of AMM, where LPs specify the price range for which their liquidity is available for trading, and users need to manually set the range. Failure to adjust the price range promptly may result in significant impermanent loss.
However, it is worth noting that a portion of the ultimate reward is distributed in the form of the $BRRR token. $BRRR is the governance token of MEME Farmer, allowing users to participate in decision-making and ecosystem activities. The token can be obtained through LP farming, staking, and community contributions. Additionally, a 10% fee is charged on harvested rewards (all tokens in the LP will be converted to SOL). 50% of the rewards will be used for $BRRR buyback and sent to the treasury address.
Early on, the high APR was partly due to the price increase of $BRRR being factored in, causing a certain selling pressure after "mining and dumping." Although there is a buyback plan for $BRRR later on, unfortunately, $BRRR has already started showing a "Christmas tree" pattern.
It is also important to note that the project has not yet gone through a smart contract audit and therefore has some security vulnerabilities.
The market has voted with its feet for this round of the "meme super cycle" mainstream narrative. While there are still many voices spreading FUD about these projects, as the memecoin craze cools down, these new meme track gameplay styles can also be seen as a new "light at the end of the tunnel."
*This article does not contain any investment advice. The mentioned projects are still in their early stages, so readers should be aware of the security risks associated with investing.
You may also like
Meet the new WEEX trial fund—your gateway to greater profits
WEEX Labs Lands at Dutch Blockchain Week: A Disruptive Crypto × AI Conversation Sets Sail in Amsterdam
SK Hynix Reportedly Plans U.S. ADR Listing as Early as August, With SEC Approval Possible in Late June
SK Hynix may pursue a U.S. ADR listing as early as August, with SEC approval reportedly possible in late June amid strong AI chip supply chain demand.
SpaceX vs Tesla vs xAI: Which Elon Musk Trade Has the Biggest Upside in 2026?
OpenAI Reveals It Has Confidentially Submitted an S-1 to the SEC, Keeping the Door Open for a Future IPO
On June 9, according to an OpenAI announcement, the company recently confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), beginning the preliminary compliance process for a potential initial public offering. OpenAI said it chose to disclose this proactively because it expected the news might leak; however, the company has not yet set a specific listing timeline, and related arrangements may still take some time.
Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI
Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention
Apollo and Blackstone Reportedly Back $35 Billion Anthropic Chip Financing as Deal Details Remain Unclear
On June 9, according to currently available news alerts, Apollo and Blackstone Group participated in a $35 billion financing for an Anthropic “chip project.” Based on the original wording of the report, the funding has already been raised, but public information remains limited. The financing structure, use of proceeds, project entity, and whether Apollo and Blackstone participated through equity, debt, or project financing have not yet been disclosed.
Humanity Protocol Security Incident Escalates: More Than $31 Million Stolen From Related Addresses as Attacker Continues Selling H for ETH
On June 9, according to monitoring by Onchain Lens, more than $31 million has been stolen from addresses linked to Humanity Protocol, and the attack is still ongoing, with the hacker continuously swapping H tokens for ETH. Project founder Terence Kwok later confirmed the security incident on X, saying the issue involved a private key leak.
Bloomberg: As Bitcoin Weakens, Stablecoins and RWA Continue to Drive Expansion in Crypto Businesses
In June, Bloomberg reported that despite Bitcoin falling below $60,000 last week, wiping out about $235 billion in market value within seven days, and dropping close to 50% from last year’s peak, some core businesses in the crypto industry are still expanding, mainly in stablecoins, real-world asset tokenization (RWA), payments, and infrastructure. The report also noted that overall altcoin activity has contracted significantly: altcoin market capitalization has fallen from a peak of about $431 billion in November 2021 to around $170 billion, and among the tens of millions of tokens issued in recent years, fewer than 1,700 still maintain meaningful trading activity.
Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?
Binance Research: RWA Market Expected to Expand Nearly 6x from Early 2025, with Public Equities and Onchain Payments Heating Up Together
In June, Binance Research said in its monthly market report that the real-world asset (RWA) market is expected to grow by about 589% from the beginning of 2025. Bond- and money market fund-related RWA expanded by about $6.5 billion, up 83% year over year, while publicly traded equity RWAs grew by about 422%. The report also noted that monthly crypto debit card transaction volume exceeded $747 million in May, up 48.6% year to date.
Japan to Assess a Framework for Yen Stablecoins and Crypto ETFs as Asia’s Compliant Payments Narrative Heats Up
Recently, according to the original report, Japan is considering the launch of yen stablecoins and cryptocurrency ETFs. Public information remains limited at this stage, and there is still no complete policy text, regulatory draft, or clear implementation timeline, so this is better characterized as a “policy discussion” rather than formal implementation. The original wording also noted that advancing stablecoin regulation in Asia is driving XRP usage and supporting growth in the XRPL ecosystem. However, based on currently available public information, there is not enough evidence to directly establish a clear causal relationship between this round of discussion in Japan and XRP or XRPL.
ZachXBT: Humanity private key leak and abnormal surge in H token should be viewed separately
On June 9, according to related disclosures, on-chain investigator ZachXBT posted an update on Humanity’s roughly $31 million security incident, saying that after further analyzing fund flows, he currently tends to believe the project team was not involved in an “inside job” or a self-staged attack. According to him, the official explanation about the private key leak was broadly accurate, but before the token unlock, the price of H had been artificially pushed higher, and the hacker later took advantage of that market environment; therefore, the private key leak and the earlier abnormal price pumping should be regarded as two separate and independent events. This reframing has shifted the market’s understanding of the nature of the incident. Earlier discussion around Humanity had focused on whether the team directly participated in the attack or used the security incident to cover up internal operations. ZachXBT’s latest remarks shift the focus from “whether it was self-theft” to “whether there were pre-unlock market structure issues.” He also questioned whether the team may have.
Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing
Morning Report | BitMine increased its holdings by 126,971 ETH last week; trader Eugene announced his exit from the crypto market
Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times profit by investing in storage stocks? (Seven) - A quarter-century cycle
Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."
Meet the new WEEX trial fund—your gateway to greater profits
WEEX Labs Lands at Dutch Blockchain Week: A Disruptive Crypto × AI Conversation Sets Sail in Amsterdam
SK Hynix Reportedly Plans U.S. ADR Listing as Early as August, With SEC Approval Possible in Late June
SK Hynix may pursue a U.S. ADR listing as early as August, with SEC approval reportedly possible in late June amid strong AI chip supply chain demand.
SpaceX vs Tesla vs xAI: Which Elon Musk Trade Has the Biggest Upside in 2026?
OpenAI Reveals It Has Confidentially Submitted an S-1 to the SEC, Keeping the Door Open for a Future IPO
On June 9, according to an OpenAI announcement, the company recently confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), beginning the preliminary compliance process for a potential initial public offering. OpenAI said it chose to disclose this proactively because it expected the news might leak; however, the company has not yet set a specific listing timeline, and related arrangements may still take some time.
Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI
