The market for memecoins saw some very interesting smart money moves on May 8, 2025.
According to the freshest data, the memecoin market took in the equivalent of $3.70 million, while at the same time, it sent out only $1.71 million—giving us a net of $1.99 million for the day. All this led to a total push of $5.41 million through the memecoin market on May 8. What should we make of this surge in memecoins? And what does it mean for the future of not just this sector of the crypto market but also the future of the crypto market as a whole?
The inflow and outflow of funds could hardly be more different. But a new report from CoinMetrics, a trusted crypto data provider, details why some memecoins, like Dogecoin, Shiba Inu, and Floki Inu, are relatively safe to play with these days, in large part because of the communities backing them. CoinMetrics also took a look at how certain memecoins are gaining traction and drawing in serious amounts of capital.
Notable Inflows in Memecoins: $zBTC, $WBTC, and $FARTCOIN Lead the Charge
Some of the most observable inflows were into several established and emerging memecoins, which shows that investors are paying very close attention to current market trends.
One of the most distinctive constituents was $zBTC, which received an inflow of $331,000. This is a significant movement for $zBTC, suggesting that investors are increasingly recognizing value in this memecoin, likely due to potential links to Bitcoin or its status within the broader crypto framework. Hot on its tail was $WBTC, which saw inflows of $456,000. Wrapped Bitcoin, as WBTC is also known, is an Ethereum blockchain asset that trades in direct line with Bitcoin. Its growing prominence in the crypto universe has now also made it a target for at least some of those investing in memecoins.
$FARTCOIN, a memecoin that has gained traction in recent weeks, accounted for another inflow of note.
Investors have poured $657,000 into $FARTCOIN, which is particularly interesting given the meme-driven nature of the token. The rise in popularity of $FARTCOIN is a testament to community-driven tokens and their power to capture the imagination of both speculators and meme enthusiasts.
In addition to $FARTCOIN, other inflows of note include:
-$CBBTC, which saw $401,000 flow into its markets;
–$BONK, one of the more well-known memecoins, which caught the attention of investors who pumped an additional $231,000 into its markets.
These inflows indicate that intelligent capital is increasingly placing itself in particular memecoins that seem to have solid backing and communities, perhaps indicating the emergence of new leaders in the memecoin space.
Outflows Reveal Investor Shifts Away from Struggling Memecoins
Although many memecoin projects saw an influx of capital, others had significant outflows, which could imply a shift in sentiment or a reevaluation of these assets’ long-term potential. The largest outflow occurred from $FWOG, with a decline of $91,000. Though this amount isn’t really large enough to make any serious waves, it could signal that investors have a waning confidence in this token, probably because it hasn’t had any serious developments recently or much community engagement to speak of.
In the same way, $GRASS – which had seen interest in the past – had a really big outflow of $250,000, and $JUP, another memecoin that has only speculative value, saw an outflow of $130,000. This may mean that traders are rethinking the viability of these tokens in the current market. Other memecoins that maybe have seen better days, like $MOODENG and $TRUMP, had outflows too – of $128,000 and $141,000, respectively.
Recap: Smart money on chain activities in the memecoin market for 08/05/25
Yesterday, there was more inflow than outflow
Inflow: $3.70M
Outflow: -$1.71M
Volume: $5.41M
Net Volume: $1.99MThere was inflow into: $zBTC ($331K) $WBTC ($456K) #FARTCOIN ($657) $CBBTC ($401K) $BONK… pic.twitter.com/cfGRn7VTmj
— Stalkchain (@StalkHQ) May 9, 2025
These outflows may indicate that investors are correcting the market, preferring to exit positions in favor of assets that show more immediate growth potential. Or perhaps they’re following the broader market sentiment that’s influenced by social media trends and general crypto market conditions.
Memecoin Market Trends: A Mix of Speculation and Community Power
Memecoins lure in investors mostly via speculative interests, mostly fueled by the communities behind them on social media. On May 8, this speculative nature was brought into stark relief by the inflows and outflows of memecoins that day. One data point does not make a trend. Still, this sharp contrast between inflows and outflows highlighted the fickle nature of this space, where investor sentiment can quickly turn on a dime.
The money coming into memecoins such as $zBTC, $WBTC, and $FARTCOIN clearly indicates that there’s still a lot of cash looking for a home in meme-driven tokens, with some traders convinced that certain memecoins could deliver amazing returns for the kind of risk they’re taking. These assets now seem to be net beneficiaries of renewed interest from investors who are overall more inclined to take risks in the pursuit of bigger payoffs.
In comparison, the flows out of tokens such as $FWOG, $GRASS, $JUP, and others show that some investors are reassessing their investments and defaulting to tokens that align more closely with their criteria. This trend picks up on the theme of volatility in the memecoin space, where the swings from one extreme to another can happen very quickly and are driven by changes in community enthusiasm or broader market sentiment.
Pushing into 2025, we appear setting up for continued dramatic memecoin market fluctuations. Maintaining vigilance and agility will be necessary for an investor class whose landscape can shift in the blink of an eye. Meanwhile, a picture of constant market flux seems to be unfolding, with strong inflows into select tokens (Dogecoin still being one of them) and outflows from others, and a picture where, all the while, very few tokens actually seem to be leading the pack.
To sum up, the wise monetary flows in the memecoin market on May 8, 2025, reveal a definite split between tokens that are gaining traction and those that are losing it. The data points to the fact that, although the market is still a speculative play driven by sentiment, there seem to be reasonably solid opportunities for investors who can pinpoint which memecoins have the kind of potential that might yield decent growth. That said, the memecoin market remains as risky as it gets, with rewards that could be huge for the tokens that take off.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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