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Why a few memecoins last: history, not tips

Almost every memecoin fails. What the few long-lasting Solana memecoins had in common, what the failure data says, and why survival is no reason to buy.

Updated 22 October 20265 min readBy Before It Rugs

Almost no memecoins last. Of more than 7 million pump.fun tokens studied by Solidus Labs, only about 97,000 still had more than $1,000 of liquidity. The few Solana memecoins that kept trading for years had some things in common: holdings spread across many wallets, deep liquidity, listings on large exchanges, a community that kept going after the launch hype, and a lot of luck and timing. None of that makes a future price safe. Even the best known have fallen more than 90% from their peaks.

This page is history. It is not a list of coins to buy, and nothing here suggests any coin will rise.

How many memecoins fail?

Nearly all of them. Solidus Labs, a crypto market surveillance firm, looked at tokens created on pump.fun between January 2024 and March 2025. It found over 7 million tokens with at least five trades, and only about 97,000 that kept liquidity above $1,000. It put the share that fell below that level at 98.6% (Solidus Labs, May 2025).

Solidus describes those tokens as collapsing into pump-and-dump schemes. Its measure is liquidity falling under $1,000, so the figure also includes coins that simply faded when people lost interest. Either way, the holders were left with tokens they could barely sell.

Our own scorecard tracks what happens to the coins we grade 24 hours and 7 days after launch, and publishes how many collapsed.

What are the oldest Solana memecoins still trading?

A handful of Solana memecoins have kept trading for years. We mention three here strictly as history, because they are the ones people search for.

Coin Launched What happened
Samoyedcoin (SAMO) 2021 One of the earliest Solana dog coins. Still listed in 2026, but CoinGecko showed it about 99.9% below its peak when we checked in October 2026
BONK 25 December 2022 Launched by giving 50% of its supply to Solana users, including NFT collectors, developers and artists (CoinGecko). Still trading in 2026
dogwifhat (WIF) Late 2023 A picture of a dog in a knitted hat. Listed on Binance in early March 2024 (Decrypt). Still trading in 2026

For every one of these, many thousands of similar coins launched the same year and are gone.

What did the long-lasting ones have in common?

Looking back, a few traits show up again and again. None of them is a guarantee, and plenty of coins with all of them still failed.

  • Widely spread holdings. BONK started by handing half its supply to a large number of wallets rather than leaving it with a creator. When no single group holds a big stash, there is no one sale that can end the coin. Compare that with the bundled launches common today, where one team quietly holds a large share.
  • Deep liquidity. A coin with millions in its pools can absorb big sells without collapsing. A coin with a few thousand pounds cannot. See market cap, FDV and liquidity for why this matters more than market cap.
  • Listings on large exchanges. Once a coin trades on big centralised exchanges, many more people can buy and sell it without touching a small on-chain pool. A listing is a sign that a coin already had demand, not a promise it will keep it.
  • A community after the hype. The coins that lasted had people still making memes, tools and jokes months after launch, long after the first buyers had sold.
  • Luck and timing. BONK launched weeks after the collapse of FTX had hit Solana hard, and it was pitched as something for the network's community at a low point. WIF arrived in late 2023, as interest in Solana memecoins was picking up again. The same coin launched in a different month might have vanished.

Key point: These are traits we can see looking backwards. They are not a recipe. Many coins had spread holdings, decent liquidity and a keen community, and still went to almost nothing.

Do memecoins ever recover after crashing?

Rarely, and often not at all. A coin that was rugged, with its liquidity pulled or its supply dumped by insiders, has nothing left to recover with. A coin that simply faded can see brief bounces when someone revives it, but most revivals are short.

Even the coins that lasted have had huge falls. When we checked CoinGecko in October 2026, dogwifhat was about 96% below its all-time high (CoinGecko), BONK was about 95% below its own, and SAMO was about 99.9% below. These figures change every day, but the point does not: lasting is not the same as holding value.

Is survival a reason to buy?

No. A coin that has survived is still a memecoin, with no business behind it and a price that depends on attention. Long-standing tokens have fallen 90% or more, and a coin that lasted three years can still collapse in the fourth. Our guide on whether a safe-looking coin can still rug explains why good signs today do not protect you tomorrow.

Survivors also suffer from hindsight. You only hear about the coins that lasted, so they look more common and more predictable than they were. For each one there were thousands launched with the same hopes.

Not financial advice. If you are new to all of this, start with what a memecoin is.

What is our survivors page?

Our What survived page is a record of new coins we saw within hours of launch that were still trading after 24 hours, 3 days and 7 days. It is history, not a list to buy: plenty of coins survive a week and then collapse. The methodology page explains exactly what counts as still trading.

Not financial advice. This guide explains how things work. It is not a recommendation to buy, sell or hold anything. Memecoins are extremely high risk and most go to zero.

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