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Meme coins ended the week largely flat as geopolitical turmoil rattled broader markets, but several major tokens and platforms still recorded notable developments.
CoinMarketCap data showed the total meme coin market capitalization holding near $29 billion for the week. Surging oil prices weighed on risk appetite, helping keep broader performance muted even as individual ecosystems pushed forward.
Total meme coin market cap: $29.25B (CoinMarketCap)
Pump.fun became the first Solana platform to surpass $1 billion in cumulative revenue, according to The Block, citing DefiLlama data.
The Block’s analysis put Pump.fun’s lifetime revenue at about $1.08 billion, after generating roughly $98 million so far in 2026, about $664 million in 2025, and more than $320 million in its first year.
Pump.fun also reported large-scale PUMP buybacks. The platform has bought back nearly $325 million worth of PUMP tokens, and since the program began it has bought back more than $320 million worth of PUMP while removing nearly 29% of circulating supply from the market. Its fee dashboard showed a roughly $1.2 million repurchase on March 11 alone.
Pump.fun has been funneling nearly all of its daily protocol revenue into PUMP buybacks. The Block said Pump.fun is ahead of rival Solana apps, with Jupiter logging about $401 million in cumulative revenue and Raydium at roughly $127 million.
The Block reported that Pump.fun subdomains now reference Ethereum, Base, BNB Chain, and Monad, suggesting an expansion beyond Solana.
Pudgy Penguins debuted Pudgy World on March 9, a browser game built around quests, mini-games, and a 12-town map called The Berg.
According to CoinDesk, PENGU rose about 9% immediately after the launch, and Pudgy Penguin NFT floors also moved higher. However, the token ended the week down more than 4%, with a market cap of roughly $450 million, based on CoinMarketCap data.
The launch coincided with new legal pressure. On March 4, PEI Licensing, the company behind the Original Penguin clothing brand, filed a trademark infringement lawsuit against Pudgy Penguins, alleging the project’s brand imagery is “confusingly similar” to PEI’s.
Bonk.fun issued a warning to users after attackers hijacked its domain and deployed a wallet-draining prompt.
The project team said the breach involved a fake message designed to trick visitors into signing a malicious transaction. It added that users who had only connected wallets previously were unaffected, and trading through outside terminals remained safe.
On March 11, WAR completed its migration from Bonk.fun to Pump.fun via Migrate.fun.
CoinMarketCap data showed the war-themed meme coin climbed to a roughly $35 million market cap, up around 50% from pre-migration levels.
On March 11, an X post also noted that on-chain art marketplace SuperRare pushed deeper into tokenized creator assets by launching “Liquid Editions,” described as a format closely resembling meme coins.
Total meme coin market cap: $29.25B (CoinMarketCap)

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