Cabal meme token launches are nonetheless hurting the repute of permissionless launchpads. Bubblemaps found that fifty% of bundled tokens originated within the USA.
Cabal meme token launches, or bundled tokens, provide an unfair benefit to the staff. There aren’t any limits to new token era, however most launches are watched with suspicion.
In accordance with Bubblemaps, 50% of bundled launches originate within the USA. Bubblemaps found the origins of tokens by cross-checking the worst cabal property with the placement of their X accounts. As X now shows the placement of the account, 50% of asset profiles had been based mostly within the USA.
seems the USA is the highest X location for bundled tokens
over 50% of all our investigations
pleased thanksgiving 🇺🇸 🦃 pic.twitter.com/jRUrM7aDyV
— Bubblemaps (@bubblemaps) November 27, 2025
At one level, meme tokens had been nearly taken as a right to have a staff allocation and promote into their preliminary pump. Groups typically attempt to disguise their holdings by creating a number of wallets, which nonetheless reveal connections to at least one foremost pockets. Meme tokens are additionally sniped by insider wallets, front-running retail merchants.
A handful of bundled tokens originated within the EU, and solely two had been created by accounts based mostly in India. Total, meme token creation is extremely concentrated and coincides with the overall utilization of networks like Solana.
Moreover, meme tokens on probably the most energetic platforms observe memes from English-speaking social media and are based mostly on a number of American cultural traits.
Meme token launches create short-lived property
Earlier analysis additionally confirmed {that a} restricted variety of wallets created many of the tokens on Pump.enjoyable. These wallets relied on automation and short-term buying and selling. These wallets additionally switched platforms, at one level transferring to Bonk.enjoyable.
Meme token creation moved by varied phases. Initially, a meme had a long-running trajectory, based mostly on a devoted group. Later, meme tokens had been typically offered by the preliminary staff, however grew to become extra decentralized with time.
Memes additionally went by a cult section, which inspired holding. In late 2025, meme creation has slowed down, new tokens not often construct excessive valuations, and sometimes cease buying and selling or undergo a rug pull inside 24 hours of launching.
Are meme tokens again?
Meme tokens are slowing down on Pump.enjoyable, and there are fewer runners. Older property are additionally not recovering their earlier ranges. Regardless of this, new memes will nonetheless seem. Latest memes like WOJAK, launched this November, gained over 1,200% earlier than winding down.
WOJAK was one of many just lately launched scorching tokens, just lately touching all-time highs. | Supply: Coingecko
Influencers are additionally mentioning new tokens. Nonetheless, merchants warn towards chasing these new property. Solely particular person tokens pump, whereas meme tokens as an entire stay weak. A number of the pumps are seen as the results of deliberate buying and selling.
Moreover, retail merchants have moved out of meme tokens in concern of rug pulls, as a substitute preferring to commerce perpetual futures. On the identical time, meme token launches continued, main Bubblemaps to increase its monitoring providers to Monad, one of many just lately launched L1 chains.
