Key Notes
- A wrapped Ethereum (wETH) coin Hulkmanaia surged as much as 122,000%.
- Despite HULKAMANIA’s recent rally, the Solana token remains well below its $18.8 million peak from 2023.
- US President Donald Trump posted a tribute on Truth Social, calling Hogan a “great friend”.
Hulk Hogan meme coins have surged by a massive 2000% on July 2024, as a tribute to the passing away of wrestling legend Hulk Hogan, aka Terry Bollea. He popular meme cryptocurrencies trading under the ticker ‘Hulkamania’ witnessed a massive spurt in trading activity. Hogan was one of the most popular wrestlers during the 80s era, with his career spanning decades.
HULK Meme Coin Skyrocket Following Legend’s Death
Two similarly named memecoins, one on Ethereum
ETH
$3 739
24h volatility:
2.5%
Market cap:
$451.31 B
Vol. 24h:
$54.53 B
and one on Solana
SOL
$181.4
24h volatility:
2.5%
Market cap:
$97.62 B
Vol. 24h:
$20.66 B
, saw explosive price action over the past day, according to data from DEXTools.
A newly launched Wrapped Ethereum (wETH) token called Hulkmanaia (HULK) surged over 122,000%, soon after its creation eight hours ago, while peaking at $0.001335.
On the other hand, a separate Solana-based token HULKAMANIA (HULK), launched two years ago on June 6, 2023, has surged by more than 2000% in the last 24 hours. The Solana-based HULK meme coin reached $0.0006146, pushing its market capitalization above $500,000.
Despite the rally, the Solana token remains far below its all-time high market cap of $18.8 million. The HULK token achieved this milestone last year after promotional posts appeared on wrestling legend Hulk Hogan’s X (formerly Twitter) account. The posts were later deleted, and Hogan denied making them.
Celebrity tokens have been among the best Solana meme coins, often launched by their fanbase or as a tribute to those celebrities. Meme coins launched after Hulk Hogan were not the first in this case. Meme coins referencing former NFL player and convicted felon O.J. Simpson surfaced shortly after his death in April 2024.
US President Donald Trump Bids Adieu to Hogan
The passing away of Hulk Hogan led to tributes pouring in from all across the globe. US President Donald Trump shared a personal message on Truth Social, noting:
“We lost a great friend today, the “Hulkster.” Hulk Hogan was MAGA all the way — Strong, tough, smart, but with the biggest heart. He entertained fans from all over the World, and the cultural impact he had was massive. Hulk Hogan will be greatly missed!”
Top meme coins have been recently on the radar with a strong rally from Dogecoin
DOGE
$0.23
24h volatility:
1.7%
Market cap:
$34.88 B
Vol. 24h:
$11.42 B
in July. But the market is seeing some pullback as of now, while analysts remain bullish for the next DOGE stop at $1.
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Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
