Key Takeaways
- Memecoins have surged in popularity in 2024, offering huge returns to traders who spot the right opportunities. Traders have seen up to 3000x gains in just a few days.
- Several factors, including altcoin season, Solana’s growing popularity, and the rise of AI memecoins, drive this market trend and attract a broad range of investors.
- Notable success stories include traders who turned small investments into millions by buying into memecoins early, with Solana and AI-themed tokens leading the charge.
- Despite the high profit potential, the memecoin market remains volatile and requires careful timing and attention from traders looking to capitalize on these opportunities.
If you’ve been watching the crypto market closely, you’ve likely noticed the rise of memecoins to an approximately $70 billion market cap. These playful, internet-inspired cryptocurrencies lead some of the most dramatic market movements. From humorous Solana-based coins to AI crypto tokens, the figures are staggering. In 2024 alone, some traders have seen returns that would spin traditional investors’ heads.
What’s behind the surge? Altcoin season is in full swing, and traders are looking beyond big names like Bitcoin and Ethereum. Instead, they dive into smaller, lesser-known tokens to find the next big thing. Memecoins, often attached to quirky internet trends, have captured the imagination of traders looking for quick wins. Platforms like Solana, which offer lower transaction fees and faster speeds than Ethereum, have become a breeding ground for these coins, including the surprise memecoin entrant, the official Trump Coin ($TRUMP).
Meanwhile, AI meme coins are adding another layer of excitement, combining artificial intelligence with internet humor in ways that attract a broad audience. The volatility of the market means that timing is everything. And a few lucky traders who spot the right memecoins at the right time are walking away with massive gains.
Luckily, it’s all recorded on the blockchain for us to see. So, who are these memecoin millionaires? Let’s take a look.
Top Memecoin Millionaires 2025
While crypto gains are nothing new, memecoins have turned small investments into fortunes seemingly overnight. Here’s a look at 6 traders whose memecoin investments paid off big.
| Crypto wallet/Investor Name | Memecoin Investment | Blockchain | Gains |
|---|---|---|---|
| Trump Coin Winner | TRUMP | Solana | Over $116 Million |
| stupidmoney.sol | GOAT | Solana | $2.24 Million |
| Anonymous Trader | GNON | Solana | $9 Million |
| Unknown Trader | WIF | Solana | $11 Million |
| SlumDOGE Millionaire | Dogecoin (DOGE) | Dogecoin | $2.9 Million |
| Truth Terminal AI | GOAT | Solana | $1 Million |
| Unknown Trader | SHIB | Ethereum | $5.7 Billion |
| The Blacklist Saga | PEPE | Ethereum | $61.5 Million |
| Wintermute | NEIRO | Ethereum | $7.39 Million |
1. Trump Coin Winner | TRUMP | Gains: Over $116 Million
The Trump Coin Winner set the stage by loading a fresh crypto wallet with over $1 million in SOL just hours before the surprise launch of Trump’s meme coin. When the official announcement dropped, he acted in a flash—executing a colossal buy order mere seconds later to snap up 5.9 million TRUMP tokens. Within hours, that daring move transformed his modest stake into a staggering $116 million windfall.
Not stopping there, he strategically split his token haul into multiple wallets and began liquidating his positions. In a bold twist, a $45 million sale of TRUMP tokens—made to finance a massive MELANIA token purchase—triggered a near 50% price plunge. His well-timed maneuvers not only secured extraordinary profits but also sent shockwaves through the crypto market.
2. stupidmoney.sol | GOAT | Gains: $2.24 Million
One of the standout winners of 2024 is known by the alias stupidmoney.sol. The crypto investor turned a humble $727 investment into $2.24 million through trading the now famous GOAT token. GOAT, which started as a parody on the broader meme coin craze, launched on Solana in late 2023. Its creators used AI-generated goat memes—yes, GOAT memes—to fuel its marketing campaign.
The sudden price surge can be traced to a viral social media campaign when users flooded platforms with AI-created content. The GOAT token hit mainstream attention after several high-profile trades featured on crypto trading forums. As trading volume spiked, so did the value of GOAT, leading to stupidmoney.sol’s moonshot gain.
3. Anonymous Trader | Memecoin: GNON | Gains: $9 Million
The second story belongs to an anonymous trader. His investment in the Solana-based token Numogram (GNON) turned a modest $3,000 into $9 million in three days. Numogram launched in mid-October 2024 as a low-market-cap memecoin, and like most memecoins, it had no intrinsic utility. However, the unknown trader saw something others missed—potential in the memecoin hype.
After purchasing 56 million GNON tokens through three wallets, he sold only a portion, locking in enormous profits. The token’s price surged by over 230% within 24 hours, thanks to its listing on Moonshot, a platform popular among traders seeking the next big meme token. The sheer velocity of this price movement made headlines across crypto forums.
Numogram’s rally, however, was not based on fundamental development but on speculative momentum fueled by social media hype. And yet, the risk paid off big time for this trader, showcasing the allure and danger of memecoins.
4. Unknown Trader | Memecoin: $WIF | Gains: $11M
Another trader turned $1,800 into $11 million by investing in Dogwifhat (WIF), a trending memecoin in early 2024. WIF was built on Solana, a popular blockchain for launching meme tokens due to its low fees and fast transaction speeds.
The WIF coin capitalized on the viral popularity of dog-themed meme coins like Dogecoin and Shiba Inu. After WIF’s initial release, it quickly gained momentum, reaching an all-time high of $2.37 per token. What’s fascinating about WIFInvestor’s story is that the trader initially tried to sell their tokens but failed due to a high limit order. By holding on, they watched the value of their investment skyrocket, eventually realizing a profit of $11 million.
Like many other meme coins, WIF’s rise was fueled by hype. However, it also benefitted from strong community support and listing on major exchanges like Binance. With analysts predicting further growth, WIF remains a prime example of how timing and luck can turn small investments into life-changing wealth.
5. SlumDOGE Millionaire | Dogecoin (DOGE) | Gains: $2.9 Million
Dogecoin has long been a meme coin favorite, and SlumDOGE Millionaire is one of the most well-known investors to have made it big with DOGE. Starting with a modest investment, this trader saw their portfolio grow past $1 million during Dogecoin’s epic bull run in 2021. Though the value of DOGE has fluctuated over the years, SlumDOGE Millionaire’s story serves as a reminder of the long-term potential that meme coins can offer.
Dogecoin, created initially as a joke in 2013, gained mainstream attention in 2021 thanks to celebrity endorsements like Elon Musk. At its peak, Dogecoin reached a market capitalization of over $50 billion, and while it doesn’t have advanced features like smart contracts, its community-driven growth kept it relevant in 2024.
SlumDOGE Millionaire’s success shows how sticking with a memecoin through its ups and downs can pay off, especially when social media plays a big role in driving the coin’s price
6. Truth Terminal AI | GOAT | Gains: $1 Million
In an unexpected twist, an AI-powered chatbot called Truth Terminal became the first AI to hit millionaire status through cryptocurrency trading. Truth Terminal, which operates autonomously on social media, gained a massive following for its quirky posts promoting the fictional Goatse Gospel. It wasn’t long before the bot’s popularity caught the attention of developers, who created the Goatseus Maximus (GOAT) meme coin on the Solana blockchain.
Although Truth Terminal didn’t launch the GOAT token directly, its influence on social media helped drive the coin’s price up, earning the bot a $1 million crypto wallet. With its humorous persona and viral content, Truth Terminal became a sensation, blurring the lines between artificial intelligence, meme culture, and cryptocurrency.
GOAT’s success demonstrates the unpredictable nature of memecoins and the growing role that AI might play in the future of trading. Truth Terminal’s rise to fame proves that in the world of memecoins, even a chatbot can become a millionaire.
7. Unknown Trader | Memecoin: $SHIB | Gains: $5.7 Billion
In one of the most remarkable stories, a crypto trader turned an $8,000 investment in Shiba Inu ($SHIB) into $5.7 billion during the memecoin’s meteoric rise in 2021. Though not from 2024, their success inspires memecoin traders today, reinforcing that even the most whimsical of assets can yield massive rewards when community hype and market timing align.
8. The Blacklist Saga | Memecoin: $PEPE | Gains: $61.5 Million
Imagine turning $26 into $61.5 million – only to find out you can’t cash out. That’s the harsh reality for one lucky (or unlucky) $PEPE investor. A savvy trader spent just 0.013 ETH to purchase 2.52 trillion $PEPE tokens, only to see its value rise to $61.5 million.
Lookonchain, a vigilant X user who monitors significant crypto activity, reported that $PEPE developers have blacklisted the wallet. As a result, the trader cannot sell the tokens or realize their gains. It’s a stark reminder of the risks involved in meme coin investing, where centralization concerns and developer interventions can impact even the smartest traders.
While the trader’s story is a cautionary tale, it highlights the wild volatility and potential upside of meme coins like $PEPE. The coin, built on Ethereum, gained traction for its low entry cost and rapid rise in value, attracting speculative investors. However, incidents like this raise questions about the balance of power in decentralized projects and the transparency of developers.
9. Wintermute | Memecoin: $NEIRO | Accumulated: $7.39 Million
Wintermute, a leading global algorithmic trading firm in digital assets, has been actively accumulating $NEIRO, a memecoin built on Ethereum. Since September 6, Wintermute has amassed 62.45 million $NEIRO, worth $7.39 million—equivalent to 6.25% of the total supply. As one of Wintermute’s largest memecoin holdings, $NEIRO stands out for its blend of community support, institutional interest, and features like smart contract integration and decentralized governance. Its limited token supply and Ethereum-based infrastructure add to its appeal. Wintermute’s involvement underscores growing confidence in $NEIRO’s potential, reflecting the increasing overlap of traditional trading strategies with meme-driven cryptocurrencies.
Is President Donald Trump also a Memecoin Millionaire?
Donald Trump’s presidency was always going to feature a few surprises, but his latest move? Launching a memecoin, of course! The Official Trump Coin ($TRUMP) hit the crypto scene just two days before his second inauguration, reaching tens of billions in market cap within hours. In true Trump fashion, trading volumes hit $3 billion as $TRUMP surged over 4000%, reportedly catapulting Trump’s net worth from $6 billion to over $60 billion—thanks, in part, to his own coin!
It seems memecoin mania might be a family affair, too. On January 20th, Melania Trump unveiled her own memecoin, $MELANIA, sparking even more speculation about the Trump brand’s embrace of crypto.
Unlike most cryptocurrencies, $TRUMP has no practical use—yet. Its value is tied to Trump’s larger-than-life persona and his loyal following. Whether it’s a marketing stunt or a new frontier for the crypto-curious president, one thing’s clear: Trump knows how to stay relevant. So, is he a memecoin millionaire? More like a billionaire who probably owns a lot of memecoins.
Why Are Memecoins So Popular?
Several factors have contributed to the meteoric rise of memecoins in 2024, from altcoin season to the increasing popularity of Solana tokens and the emergence of AI-powered meme coins.
Altcoin Season
Altcoin season is a period in the crypto market when alternative coins (altcoins) outperform Bitcoin, leading to increased trading activity and market enthusiasm. During these times, traders tend to seek out high-risk, high-reward assets, and memecoins fit this description perfectly. The wild price swings of memecoins offer the possibility of massive gains in a short period, making them particularly attractive to speculative investors.
Solana Token Explosion
Solana has emerged as a powerhouse blockchain for memecoins, offering faster transaction speeds and lower fees than Ethereum. These advantages have made Solana the go-to platform for developers looking to launch new meme tokens. In 2024, Solana saw a surge in memecoin projects, from GNON to WIF, as more traders flocked to the platform in search of the next big thing.
With Solana’s growing ecosystem and the ease of launching tokens on its network, it’s no surprise that it has become a hub for memecoin activity. This trend shows no signs of slowing down as more investors and developers are drawn to Solana’s user-friendly infrastructure.
AI Memecoins
Artificial Intelligence has also found its way into the memecoin space, with projects like GOAT showcasing the potential of AI-powered tokens. The idea of merging AI with memecoins has captured the imagination of both traders and developers, as it opens up new possibilities for creating and promoting tokens.
AI memecoins are still in their infancy but represent a fascinating new frontier in the crypto market. As the technology develops, we can expect more AI-driven projects to emerge, potentially driving the next wave of memecoin mania.
Closing Thoughts
The memecoin market is full of surprises. What started as a playful trend in crypto has quickly turned into a serious opportunity for traders looking to make big gains. With altcoin season in full swing, the rise of platforms like Solana, and the growing interest in AI memecoins, it’s clear that this market isn’t slowing down soon.
For traders, the key to success in the memecoin market is timing. Spotting the right coin at the right time can lead to life-changing returns, as seen in the stories of the memecoin millionaires of 2024. While the market can be unpredictable, those paying attention and willing to take a chance might just find themselves on the list of memecoin success stories.
While the future of memecoins remains uncertain—especially in a market known for its volatility—the stories of these memecoin millionaires serve as a reminder that in the world of crypto, anything can happen.
As always, big rewards come with big risks, and traders should approach the memecoin market cautiously. But the potential for massive gains is certainly there for those ready to dive in.
