The meme coin market experienced sharp losses following the announcement of new retaliatory tariffs by U.S. President Donald Trump.
The tariffs, though not as harsh as they could have been, are still stirring global economic concerns, triggering fear and sell-offs across the crypto space — especially in high-volatility sectors like meme coins.
The broader meme coin sector saw a 5% drop today, with trading volume spiking by 42% — a clear signal that fear is driving the market. Despite the downturn, this volatility may present strong entry points for traders with a risk-on appetite.
Several meme coins stand out as potential recovery plays, according to analysts monitoring the market.
OFFICIAL TRUMP (TRUMP)
TRUMP is currently trading at $9.02 and has experienced a sharp 10% decline in the past 24 hours, marking a strong daily drop. Over the past seven days, the token is down approximately 12%, largely due to market fears surrounding U.S. tariff announcements.
The recent sell-off reflects broader concerns in the meme coin market. However, once the market begins to rebound, analysts believe TRUMP could deliver impressive returns—potentially rising 7x to 8x from its current level to revisit previous highs seen just a few months ago.
As a U.S.-based token, TRUMP may also benefit from favorable regulatory treatment, making it one of the standout meme coin picks in the current landscape.
Source – 99Bitcoins YouTube Channel
Bonk (BONK)
Another token drawing attention is Bonk (BONK), a well-known meme coin on the Solana network. Solana itself has dropped more than 50% over the past few months, a steep decline for a layer-1 blockchain.
As Solana begins to recover, its ecosystem of meme coins—including Bonk—is expected to follow suit. Bonk, one of the first and most explosive meme coins to emerge on the Solana blockchain, is currently trading around $0.00001 per coin.
It has the potential to deliver 4x to 5x gains if it returns to price levels seen just a few months ago. The token has declined 11% in the past 24 hours and is down 20% over the past week.
Despite the current downturn, both Bonk and other Solana-based meme coins are seen as strong rebound candidates once market confidence is restored.
Solaxy (SOLX)
Meme coins are unlikely to see major gains while market sentiment remains dominated by fear. Recent U.S. tariff announcements have contributed to broader uncertainty, diminishing the appetite for riskier assets like meme tokens.
However, as conditions stabilize and the market begins to recover, a strong resurgence in Solana-based tokens is expected. This rebound could drive renewed demand for projects like Solaxy (SOLX), which is developing a Layer 2 blockchain on the Solana network.
Layer-2 solutions have significantly improved Ethereum, but Solana lacked a similar solution until now. Solaxy aims to address this by implementing a rollup system designed for high-speed transactions.
Solana often slows down when there’s a lot of traffic. Solaxy helps fix that by handling transactions off-chain. This keeps things fast and helps users avoid delays or losses during busy times.
Solaxy is built to run smoothly. It offers faster transactions, fewer errors, and a strong network—even when it’s busy. That makes it a good choice for meme coin traders and app builders who need speed and performance.
It can handle bots trading fast and users creating new tokens during hype. Developers can also adjust their apps to focus on speed, safety, or power. The Solaxy team is working to make the network faster.
Their latest update adds a new tool from the Sovereign SDK that gives users quick feedback before full transaction processing.
They’ve also made other improvements like better transaction handling and faster data processing. With help from Sovereign, they’re adding a new caching system that boosts the number of transactions per second.
Solaxy is also building a bridge to other blockchains. They’re working with Hyperlane to make testnet security stronger. All this shows the team is building hard—even before the token is listed.
So far, Solaxy has raised $29.2 million. The $SOLX presale gives early buyers the lowest price and lets them earn staking rewards up to 139% before the token goes live.
People can join the presale through the Best Wallet app or the Solaxy website using crypto or a bank card. As Solana recovers, new tokens like $SOLX could grow fast with more investor interest.
