Introduction
Fed Chair Jerome Powell delivered an expected 25-basis-point cut, but his cautious remarks slashed market optimism, briefly sending Bitcoin below $108,000.
The Federal Reserve has announced a 25 basis point rate cut, as widely anticipated. However, Fed Chair Jerome Powell's cautious tone during the press conference has tempered market enthusiasm, leading to a brief dip in Bitcoin's price below $108,000.
— Cointelegraph (@Cointelegraph) October 29, 2025
The effect of this cautious approach was a classic "sell-the-news" reversal, resulting in approximately $800 million in liquidations for crypto traders.
Crypto traders experienced significant liquidations totaling $800 million following the Federal Reserve's announcement. The market's reaction suggests a "sell-the-news" sentiment, with caution from Fed Chair Powell impacting investor confidence.
— MartyParty (@martypartymusic) October 29, 2025
However, the market has shown resilience, with leading meme coins securing notable gains after the initial pullback. OFFICIAL TRUMP (TRUMP) has emerged as a significant performer, with a +42% uptick, while other low market cap meme coins have also experienced substantial growth.
Several key developments have been driving activity in the meme coin universe:
- •Pump.fun, a platform for launching meme tokens, is expanding its reach through the acquisition of Padre, a trading terminal that supports Solana, Ethereum, and Base. This move aims to enhance the liquidity of tokens launched on Pump.fun.
Exciting news! Pump.fun is acquiring Padre, a popular trading terminal across Solana, Ethereum, and Base. This strategic move will significantly boost liquidity for tokens launched on our platform. Stay tuned for more updates!
— pump.fun (@pumpdotfun) October 28, 2025
Following some initial controversy, the trading terminal announced that holders of the $PADRE token will receive a compensation equivalent in PUMP tokens.
To address concerns regarding the Padre acquisition, we're pleased to announce that all $PADRE token holders will be compensated with an equivalent value of PUMP tokens. We appreciate your understanding and support.
— Padre (@PadreApp) October 28, 2025
- •The issuer of the TRUMP coin, Fight Fight Fight, is reportedly in discussions to acquire the U.S. operations of the investment platform Republic.
This potential acquisition could open avenues for Republic users to engage with and transact using the TRUMP meme coin, thereby providing new fundraising channels for crypto startups. The details of these ongoing talks remain private, with The Trump Organization and its associated partners holding an 80% stake in the token.
Reports indicate that the issuer of the TRUMP meme coin, Fight Fight Fight, is in acquisition talks for the U.S. operations of investment platform Republic. This could integrate meme coin utility into traditional investment channels.
— Wu Blockchain (@WuBlockchain) October 29, 2025
7-Day Meme Coin Market Snapshot
The overall market capitalization for the meme coin sector has remained stable, experiencing a 1% increase to reach $56 billion.
Investor interest in meme coins has shown a resurgence over the past week, with trading volume surging by 50% to $10 billion in the last seven days.
Meme Launchpad Wars
Pump.fun has emerged as a dominant force in the meme coin launchpad space, recording 14,000 new meme coin launches on its platform within a 24-hour period, significantly outpacing its competitors, according to data from Adam_tehc's Dune dashboards.
Furthermore, Pump.fun is leading the launchpad competition, with its PUMP buybacks exceeding $150 million within the last three months.
Pump.fun's PUMP buybacks have surpassed an impressive $150 million in just three months! The platform continues to dominate the meme coin launchpad landscape, demonstrating strong user engagement and tokenomics.
— SolanaFloor (@SolanaFloor) October 28, 2025
Meme Coin Market vs Other Crypto Sectors
Significant shifts have occurred in the crypto market over the past week. The meme coin sector has seen its ranking on DeFiLlama's narrative tracker fall from first to fourteenth position.
Top 20 Meme Coin Leaderboard
OFFICIAL TRUMP (TRUMP) and BUILDon (B) were the most notable performers among the top 20 meme coins this week.
Meme Coin Charts: 7-Day Insights
Biggest Gainers (7D%)
- •PUP (PUP): +212.16%
- •Luna by Virtuals (LUNA): +76.62%
- •Jelly-My-Jelly (JELLYJELLY): +68.73%
- •BUILDon (B): +47.23%
- •OFFICIAL TRUMP (TRUMP): +42.76%
Biggest Decliners
There appears to be a decline in the performance of Chinese-themed meme coins, with two of them featuring among this week's largest decliners:
- •Real (REAL): -47.91%
- •AI Companions (AIC): -45.52%
- •币安人生 (币安人生): -33.08%
- •CREPE (CREPE): -28.69%
- •哈基米 (哈基米): -27.07%
Meme Coin News
$1.2M Airdrop Sparks New Drama
Wallets associated with the Melania Trump meme coin have received a $1.2 million airdrop from Meteora, reigniting discussions across Crypto X. This distribution occurs amidst a class action lawsuit filed against Meteora's former co-founder, which is linked to the MELANIA launch.
Wallets linked to the Melania Trump meme coin have received a $1.2 million airdrop from Meteora, sparking controversy and renewed debate on Crypto X. This comes as the former co-founder of Meteora faces a class action lawsuit tied to the MELANIA token launch.
— Retard Mode (@retardmode) October 28, 2025
The MELANIA token has seen a 34% increase in value week-on-week.
Chain-Specific Highlights
Solana Memes
- •PUMP has experienced a 32% gain, while BONK has seen a 1% decrease.
Ethereum Memes
- •Shiba Inu has recorded a 4% increase, while PEPE has experienced losses.
BSC Memes
A meme coin themed around Changpeng Zhao, created to leverage his popularity, crashed by 86%. This sharp decline followed comments from the Binance founder, who advised investors to exercise caution and avoid speculative investments.
Don't buy the meme. Be SAFU. #memecoin
— CZ 🛡️ (@cz_binance) October 29, 2025
Sui Memes
- •HIPPO has climbed 15%, while LOFI, the sector's second-largest token, has fallen by 3%.
Base Memes
- •TOSHI and BRETT have both shown positive performance throughout the week.
What Can You Do Next?
- •Carefully manage your exposure to the market and ensure your portfolio is prepared for potential volatility.
- •Resist the urge to make impulsive trades driven by FOMO (Fear Of Missing Out) and always conduct thorough due diligence on tokens to avoid scams and rug pulls.
- •Monitor the developments regarding the Pump.fun and Padre deal to determine your eligibility and process for claiming your PUMP airdrop.