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The Memecoin Boom

Robert McDougall

May 2, 2025

Cryptocurrency

If you thought the frenzy surrounding Dogecoin and Shiba Inu was a one-off, think again.
In 2024 and 2025, a new generation of memecoins is stealing the spotlight, delivering jaw-dropping gains, intense speculation, and a reminder that internet culture continues to move markets in ways nobody can predict. Tokens like TRUMP, PNUT, and MOODENG have proven that the combination of humour, hype, and digital virality remains one of the most powerful forces in crypto.

But this time, the scene feels even bigger. Social media platforms, political moments, and meme communities have fused to create a marketplace where fortunes can be made — or lost — in a matter of hours. Here’s everything you need to know about the memecoin boom, including where Australians can safely buy these crypto wildcards.

What’s Fueling the Memecoin Frenzy in 2025?

Memecoins thrive in environments where excitement, community, and fast-moving narratives collide, and 2025 has delivered the perfect conditions. One major driver of the current boom is the outsized influence of social media. X, TikTok, and crypto-focused Discord servers allow memecoins to go viral faster than ever before. A clever post or a viral meme can now send a token soaring within hours, pulling in new investors caught up in the hype.

Cultural relevance has also played a critical role. Public figures, news events, and political personalities are quickly being turned into tokens, giving people a way to speculate not just on finance, but on culture itself. With Donald Trump now back in office, coins like TRUMP are riding a wave of political memes and media attention that is hard to replicate through traditional investment channels.

And finally, there’s the irresistible appeal of low-cost, high-upside investing. Buying a few million coins for a couple of hundred dollars feels exciting and accessible. Combine that with the nostalgia for the early days of Dogecoin — when everyday investors turned tiny bets into life-changing gains — and it’s easy to see why the memecoin boom is in full swing.

Meet the New Wave of Memecoins: TRUMP, PNUT, and MOODENG

One of the standout stars of the current cycle is TRUMP Coin. Originally launched as a tongue-in-cheek tribute to the former (and now returning) U.S. President, TRUMP Coin has grown into a major player in the memecoin world. The project doesn't have an official endorsement from Donald Trump himself — and frankly, it doesn’t need one. Its value lies in its ability to tap into the massive meme economy surrounding Trump’s personality, media presence, and loyal base. As headlines continue to pour in and Trump’s public persona dominates conversations worldwide, TRUMP Coin rides the wave, drawing both supporters and critics into its orbit. It’s the ultimate example of how, in crypto, sentiment and spectacle often matter more than traditional fundamentals.

Meanwhile, PNUT Coin has captured attention for entirely different reasons. Born out of pure internet humour, PNUT started off as a lighthearted project within crypto Discord communities. It made no grand promises and no claims of changing the financial world — it simply asked people to have fun. Ironically, that authenticity made it even more attractive. As TikTok creators, meme pages, and casual investors embraced the silliness, PNUT grew from a small joke into a tradable, volatile phenomenon. It’s a reminder that in the age of virality, sometimes the less serious you seem, the more powerful you become.

Then there's MOODENG, a coin whose very name evokes a playful, absurd spirit. MOODENG exploded onto the scene by leaning heavily into creative, outrageous meme campaigns. Its branding is chaotic and purposefully ridiculous, yet this strategy has built a genuine, passionate community. More than just traders chasing pumps, MOODENG has attracted artists, meme-makers, and digital creators who help propel its image even further across the web. It's a textbook case of how good branding, a strong community, and a refusal to take oneself too seriously can turn a fringe joke into a major player in the world of crypto.

How to Buy Memecoins in Australia

With so much noise — and rising number of scams — finding a trustworthy platform to buy memecoins is essential.
CoinSpot stands out as the safest and easiest exchange, making it the best place to buy memecoins in Australia. CoinSpot offers a huge range of memecoins, including TRUMP, PNUT, and MOODENG, alongside traditional cryptocurrencies like Bitcoin and Ethereum. There is even a memecoin bundle where you can buy 29 memecoins easily in one purchase, so you have more chances to maximise your investment.

What sets it apart is not just the selection, but the experience: verified Aussie users can deposit funds almost instantly via PayID, BPAY, or direct bank transfer, making it simple to seize opportunities quickly.

Security is another critical advantage. CoinSpot is registered with AUSTRAC and holds ISO 27001 certification, meaning it meets some of the highest standards for protecting your assets. Plus, the platform’s insurance protections on stored assets give added peace of mind, something that's incredibly important when dealing with the wild swings of memecoins.

With over 2.5 million Australians already using CoinSpot, it has established itself as the go-to platform for anyone serious about getting involved safely in crypto's most exciting corners.

Pro Tip: Play Smart in the Wild World of Memecoins

Before you jump in, remember that memecoin trading is more like surfing a giant wave than investing in a steady ship.
It’s crucial to set clear exit strategies before you even make your first purchase. Consider deciding in advance that you’ll sell a portion of your holdings if the price doubles or triples — a strategy often called "securing the moon bag." By doing this, you lock in profits while keeping a small stake in case the coin goes on an even bigger run. It’s a strategy seasoned traders swear by, especially in a market driven by memes, mood swings, and momentum rather than fundamentals.

When selling your memecoin and securing your profits, you may also want to leave a 'moon bag'. This is a small portion of your initial investment which you hold on to in case the coin skyrockets further.

Always secure your original investment when possible, that way you will never lose your initial investment, yet you still have the opportunity to make decent profits. Remember, it's better to lock in a good gain than watch paper profits vanish overnight.

Risks You Need to Know About

While the upsides can be huge, the risks in memecoin investing are equally severe. Prices can rise 50% in a morning and collapse 70% by nightfall. Memecoins often lack any tangible product, revenue, or long-term use case — their entire value is driven by community enthusiasm and viral momentum. This makes them far more vulnerable to sudden crashes, especially when interest fades or when social media sentiment turns negative.

There’s also the risk of scams. The memecoin world is notorious for "rugpulls" — situations where developers vanish with investors’ funds — and for fake influencers hyping coins they have no intention of holding. The best protection against these risks is using a trusted exchange like CoinSpot, doing your own research, and never betting money you can’t afford to lose.

Final Thoughts: Should You Get Involved?

The memecoin boom of 2025 is one of the wildest, most exciting phases crypto has seen in years.
TRUMP, PNUT, MOODENG, and dozens of other tokens are proving that in the age of digital culture, memes are more than just jokes — they can be multi-million dollar phenomena. For those willing to embrace the volatility, memecoins offer both the chance to profit and the opportunity to witness some of the purest expressions of internet creativity and chaos.

But success in the memecoin world demands strategy. Use trusted platforms like CoinSpot, set smart exit plans, engage with communities thoughtfully, and approach every investment with a healthy sense of humour — and caution.

Above all, remember: memes may come and go, but the memories (and the lessons) of riding the wave are yours to keep.


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