CWIF Meme Token on Solana Suffers Dramatic 90% Crash; Current Market Cap Stands at $11 Million

RugResistant · 2025-12-26T20:04:56+00:00

The Solana blockchain's CWIF meme token faced a drastic price drop of nearly 90% but saw partial recovery. Its development, promotion by influential figures, and inherent market risks highlight the volatility of meme tokens and the need for cautious investing.

RugResistant

2025-12-26 20:04:56

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The Solana blockchain witnessed significant turmoil as CWIF, a meme token, experienced a severe price collapse on August 12. According to GMGN data, the token’s market capitalization plummeted from $31 million to as low as $3.48 million—representing a near 90% decline—before partially recovering to $11 million at the time of reporting. Trading activity remained robust with a 24-hour volume of $24.4 million.

Background on CWIF’s Development

CWIF was created by the same development team behind TROLL, another meme token that has garnered attention in the crypto community. The troll meme lineage provided the project with a built-in narrative connecting these related tokens. The team’s involvement in developing multiple meme projects has positioned CWIF within a broader ecosystem of similar ventures on the blockchain.

KOL Promotion and Market Narrative

Influential crypto personalities @AltcoinGordon and @jayxbt2012, known for their substantial followings in the cryptocurrency space, promoted CWIF as the first sheep-themed token launched on pump.fun. They emphasized the distinctive branding concept of “sheep wearing hats,” which served as the project’s primary differentiator. The combination of celebrity endorsement and unique visual theming helped attract initial investor interest.

Market Volatility and Investment Caution

The dramatic swing in CWIF’s valuation underscores the inherent risks associated with meme tokens. These assets typically possess minimal fundamental utility, making them highly susceptible to rapid price swings driven by sentiment shifts and speculative trading. Investors are advised to exercise extreme caution when engaging with such tokens, as liquidity can evaporate quickly during market downturns. The 90% correction serves as a stark reminder that meme coins, regardless of celebrity promotion or creative narratives, carry substantial downside risk and should only be considered for those with high risk tolerance.

CWIF-0,02%

TROLLFACE-0,83%

SOL1,15%

PUMP3,22%

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