🚀 Week in Meme Coins: SEC Says Memes Are Not Securities, Pump(.)fun Done? Pump(.)fun volume plunges 63%! SNEK leads with 29% gain! Ronaldinho's STAR10 drama! Let's unpack this week in memes 🧵 1/6
📈 Market Overview: Meme coin market cap dips to $55.43B despite SEC relief. Top memes show correlated upside movement. Blue chips recover as White House crypto summit approaches. 2/6
📊 Notable Movers: Top Gainers: SNEK (+29%), BRETT (+11%), DOGE (+1.7%) Top Losers: PENGU (-22%), SPX (-18%), AI16Z (-18%) 3/6
🔄 SEC's Meme Ruling: Division of Corporation Finance declares memes collectibles, not securities. No Howey test criteria met. Staff interpretation, not official rule. Marks major shift from Gensler era. 4/6
⚡ Market Dynamics: Pump(.)fun volume crashes from $119B to $44B. Daily launches down from 58K to 24K. Graduation rate halves to 0.83%. Platform plans mobile app and AMM integration. 5/6
💡 Key Takeaways: • Consider SEC ruling's long-term impact. • Monitor Pump(.)fun's recovery efforts. • Stay diversified across chains. Stay informed, stay ahead: 6/6
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