Three Bright Altcoins on Solana That Are Being Talked About in May
Date: 2025-05-14 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
This week, the crypto community’s attention is focused on three new tokens built on the Solana blockchain. Each of them demonstrates unique growth and engagement indicators. Let’s figure out what’s behind their success.
HOTMOM — the memecoin that blew up the market
HOTMOM appeared only a few days ago, but has already collected more than 6,500 holders and reached a capitalization of $54 million. Due to its quick start and interest in memecoins, it has become a real viral hit.
If the current pace continues, it may well exceed the $100 million mark.
Over the past 24 hours, the token price has jumped by more than 37%. This is accompanied by an impressive number of transactions - more than 52,000, and the trading volume exceeded $8.7 million.
Analytics platform Nansen reports that HOTMOM is already in the portfolios of such well-known figures as threadguy, Crypto Ninja and trader gake, whose on-chain wealth is $1.73 million. This indicates a high level of trust from experienced market participants.
DOOD - a token from the famous NFT collection Doodles
The Doodles project, previously known for its NFTs, recently introduced its DOOD token. The launch was a success: in just three days, almost 160,000 people bought it, and the market cap reached $53 million.
Of particular interest is the rapid increase in the number of tokens in the accounts of large holders: from May 9 to 12, their reserves grew from 69,202 to 250 million. Over the past 24 hours, the network recorded 5,509 transactions with the token and a trading volume of about $734,000.
IKUN - rapid growth and whale activity
The IKUN token shows one of the highest network activities on Solana. It now has almost 6,000 owners and a market cap of over $12 million. Over the past 24 hours, more than 112,000 transactions with a volume of $37 million took place - an impressive figure for a young token.
Although the volumes in the wallets of experienced traders have decreased slightly, whales continue to accumulate. According to Nansen, the largest of them, Unipcs, holds 12.45 million IKUN, equivalent to $150,000. This suggests that despite the fluctuations, interest from large investors remains high.
Each of these altcoins reflects a different aspect of current trends on Solana, from memes to NFTs and speculative models. The attention they receive shows how quickly the balance of power in the crypto market can change.
