Cronje’s tease sparked the Fantom memecoin craze.

Fantom’s founder and core survival hacker, Andre Cronje, predicted that memecoins could have their rightful place on the Fantom blockchain due to the sudden social explosion within the cryptocurrency community. This is a forward-looking signal that hints at the emergence of a new phase of scaling with low transaction costs and high throughput, a space known for its clever patterns.

According to reports, the Phantom team is already in the final stages of live testing for the memecoin. The goal is to build a framework that can be seamlessly integrated into the community ecosystem. The project aims to support an ecosystem through MEMCOIN that is sustainable and prosperous.

The discussion began with a question from X user Beastlorion, who was looking into $SOLID and $TOMB coins, which are meme coins that may appear in the future. He specified that these projects are not related to the general memecoin genre, implying that the Fantom platform may have other types of memecoins.

This declaration comes as MEMCOIN is booming on various blockchains and has achieved significant market capitalization and value. This period marked a rise in Solana’s WIF, with the currency rising 24% to around $2.65, with 24-hour trading volume reaching $455 million. WIF, which behaved like this, recorded $3.62, 8.63% higher than the previous day.

Meanwhile, BONK, a popular memecoin, rose 13% in mid-March to hit an all-time high, trading at $0.00003366, equivalent to a market capitalization of $2.2 billion. Despite the ups and downs, the positive trend continues. Other memecoins like Shiba Inu (SHIB) and Pepe Coin (PEPE) are helping to revitalize this subsector of the cryptocurrency space.

The track record of memecoins on other platforms such as Solana and the performance of memecoins on the Coinbase base, reflected in the massive increase in TVL and trading volume, indicate that this is a good decision for Fantom and that adoption of memecoins could be beneficial. This move will allow Fantom to introduce the highest performing blockchain, making the entire ecosystem more vibrant and beneficial for growth and engagement.

As the cryptocurrency ecosystem continues to evolve, Fantom Blockchain’s willingness to integrate memecoins reflects a pragmatic choice to capitalize on the trend of opening up platforms for more diversity and popularity. With its cross-platform compatibility, superior scalability, and efficiency, Fantom’s entry into the memecoin market could lead to another significant achievement as the decentralized blockchain ecosystem becomes more open and dynamic.