Gary Gensler Memecoin Skyrockets in Bizarre Twist

robot
Abstract generation in progress

September 28, 2025

Memecoins are back. And guess what? A crypto token mocking SEC Chairman Gary Gensler just exploded with over 3000% gains this past week.

Born as a joke. Made to poke fun at Gensler's crypto regulations. Now it's kind of a big deal.

The numbers are wild. Starting around $50,000 in market cap, it's ballooned to $8 million. Just like that. Seems almost unreal how fast these things can grow.

Social media can't get enough of it. A million mentions and counting. Crypto folks are eating it up. They love the irony.

This isn't isolated. Memecoins everywhere are seeing a comeback. Remember those animal tokens? Some went up 1000x after getting hot on social platforms. Crazy times.

Bitcoin and Ethereum are actually down from recent peaks. Traditional and memecoin markets moving in opposite directions. It's not entirely clear why this happens.

These price explosions look tempting. Really tempting. But the small caps and sudden fame? Red flags. These investments pack serious risks. They just do.

BTC1.91%
ETH2.06%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)