
Jakarta, Pintu News – Mother Coin, the digital currency backed by celebrity Iggy Azalea, experienced a 25% price spike following the launch of the Solana-based Thrust platform . The platform is designed to increase transparency in celebrity-backed tokens.
This rise comes amid falling prices for Bitcoin and Ethereum , prompting investors to seek alternative digital assets. With several high-profile token launches planned before the end of the year, the meme coin sector is gaining renewed attention amid broader market volatility.
Thrust was officially introduced at the Blockchain Futurist Conference in Miami on November 5-6. The platform offers a solution to the ongoing problem of transparency in the memecoin market. Thrust has already secured partnerships with Iggy Azalea and content creator N3on. The plan is to migrate Mother Coin to the new infrastructure by the end of 2025.
Additionally, a token featuring actress Megan Fox is scheduled to launch in December. The Thrust platform aims to introduce a regulated framework for celebrity-backed tokens.
With a focus on verified partnerships and transparent tokenomics, Thrust seeks to legitimize celebrity-backed digital assets. However, whether this approach can maintain momentum after the initial launch remains uncertain, especially given the sector’s track record of often short price spikes.
Also Read: XRP’s Drastic Decline: Is It the Right Time to Buy?

Bitcoin (BTC) fell below $105,000, while Ethereum (ETH) and other major cryptocurrencies also experienced a sharp correction. The overall crypto market capitalization fell by $100 billion. Long positions worth $1.14 billion were liquidated amid a cautious message from the Federal Reserve, which reinforced risk-averse sentiment among institutional investors.
However, the memecoin sector is showing resilience with the total market capitalization exceeding $40 billion by 2025. Tokens such as Dogecoin , Shiba Inu , and Pepe Coin (PEPE) managed to maintain positions in the top 100 cryptocurrencies by market capitalization. The sector primarily attracts retail investors in their 20s and 30s, who tend to be more responsive to social media engagement and community sentiment than fundamental value propositions.
The combination of scheduled token migrations, celebrity token launches, and weakness in major cryptocurrencies creates conditions that some analysts consider favorable for memecoin activity. Historical data shows that memecoins often gain traction during periods of Bitcoin (BTC) consolidation.
As of April 2024, tokens such as BONK and FLOKI surged 46% and 26%, respectively, while Bitcoin (BTC) rose only 1.5% after the cut. Mother Coin migration and the upcoming launch of celebrity tokens provided concrete catalysts until December. However, the performance of memecoins usually depends more on social media engagement and community sentiment than on fundamental value propositions.
Given the innovation and transparency offered by platforms like Thrust, as well as endorsements from public figures, the memecoin sector may continue to attract attention in the cryptocurrency market. While volatility remains a key consideration, the potential for a year-end rally cannot be ignored. Investors and market watchers will continue to keep a close eye on these developments.
Also Read: Dogecoin’s Drastic Drop in Early November 2025: What Should Investors Know?
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