Recoin Network Plasma's “Trill” Meme Coin Surges Market Cap of $60 Million

Meme coins deployed in plasma Stablecoin The network peaked on Sunday at a market capitalization of $60 million. It follows the plasma hit “Mainnet Beta“Last week, attractive Locked total of $5.5 billionand that XPL The token has skyrocketed to a market capitalization of $2.3 billion.

Trillions of tokens are based on memes at the heart of the plasma paper, and the project is already referring to them. December 2024. However, since February 2025, the memes took off both inside and outside, a Plasma representative said Decryption Before the network hits the mainnet.

White House AI and Crypto Czar David Sacks said Stablecoins could generate “trillions of dollars in demand for the US Treasury Department.” Simply plasma Reposted The February clip called it a “monger,” and it went viral despite the network having small support at the time. Memes have been born.

Plasma is a Layer-1 network optimized for Stablecoin transactions such as Gasless USDT transfer. But it's a blockchain that is not yet permitted. This means that anyone can build on it. Also, with the apparent success of “Mainnet Beta” launch, Crypto Degens flocked to the Stablecoin network to replace Meme Coins.

And it's not just trillions of tokens that have reached market capitalizations of millions: other plasma meme coins Banklessdog themed coins Lunaa Pepe Clones are also rising sharply. Most of these coins appear to be made with multi-chain launchpads. dyorswap.

Despite the talk of memecoin, Plasma declined to comment as the project does not support memecoin on the chain. However, the plasma representative explained earlier Decryption How trillions of memes have emerged and evolved.

After the bags and plasma posts saying “trills” went viral, the company decided to accept the meme. This has become a way for Plasma employees to sign off social media posts and hype each other. Miradical Sign off with “Post”Miradi. ”

The Thousand Trillion Meme, which later evolved to include the “pre-registration” which was previously described, was Abundant Memes It took over the crypto community.

Users celebrate XPL Airdrop on social media when Plasma entered mainnet beta last week Recruitment “The Trong” kicker. That same day, a trillion meme coin was created and bubbled up below $10 million in market capitalization before it exploded to $60 million on Sunday. Since then, it has plummeted to a market capitalization of $18 million. Dex Screener.

Such market capitalization is noteworthy in the current Meme Coin Landscape. Solana's trench bumps low for 6 months. It comes when crypto traders start to look to highly utilized eternal bets to cultivate degenerated trading preferences.

Jokes aside, Plasma believes the stubcoin industry will grow to be worth trillions of dollars and wants to host a significant portion of it. Less than a week after his debut, he was able to get a PER defillthe plasma is High fat, aptand base.

At the time of writing, according to defillStablecoin's total market capitalization is $297 billion. This means that a 236% increase is needed to achieve a $1 trillion valuation.