In the rapid and frequently unfathomable world of memecoins , understanding the movement of that is, supposedly, ‘smart’—i.e., carried out by skilled or knowledgeable individuals—provides much-needed insight into which projects are gaining favor and which are destined to drop out of sight. Several high-profile Solana memecoins have recently racked up significant new smart money activity. In this post, we’re going to outline some key trends from this on-chain data. Momentum Picks Up for Select Memecoins Of the 25 memecoins looked at, four have emerged with particularly strong momentum: GIGA, MTN, MUMU, and ALON. These tokens are showing serious inflows from wallets that look a lot like (highly informed) institutional investor wallets. This is behavior very commonly associated with projects that are about to undergo significant price increases. When these tokens are being bought up by wallets associated with mysterious “smart money,” it is very often a sign that the price of those tokens is about to increase. Smart Money Activity on the Top 25 Memecoins on Solana Today Strong Momentum: $GIGA $MTN $MUMU and $ALON are showing strong inflows with clear Smart Money confidence — these are currently hot and worth watching closely. Held, But Quiet: Smart Money is still holding JOBCOIN,… pic.twitter.com/XoErOuhL9P — Stalkchain (@StalkHQ) April 15, 2025 More and more capital is flowing into these projects, and that is indicating a growing belief in their viability—or in the narrative strength of the memecoin space. Whether that belief is being fueled by actual community growth and token utility, by viral marketing or by a speculative mania, these tokens are now way too hot to not trade as short-term opportunities. These tokens are the most alluring in the Solana memecoin space right now, for both retail investors and speculators. But as with all fast-moving, meme-fueled markets, one can’t become complacent. Stay vigilant. What seems to have all the momentum today can very easily run out of gas tomorrow. Quiet Confidence: Tokens Being Held Without Much Activity Conversely, a second bucket of tokens seems to be in a holding pattern. Smart money wallets still hold JOBCOIN, BUCKAZOIDS, SCS, AVA, and RETARDIO, but none of these tokens is seeing inflows or even engagement at this hour. This signals a level of confidence you don’t really get to see in the public markets very often. Smart money is not pulling the fire alarm and exiting these positions. Instead, it’s at worst passively confident and maybe even tentatively bullish on these products. Such behavior can indicate several things. For one, these tokens might be considered long-term holds, with future catalysts expected. For another, the initial hype might have cooled, but there’s no strong reason to exit yet. It’s also possible that liquidity is thin, markets are waiting for the next big move, or just re-engaging. All these possibilities raise a question: Is crypto lull truly a lull, or just a formless, directionless period that will end when something—probably a regulatory event, return of bull market conditions, or both—happens? This set of tokens may be of interest to traders, but they should not take any action yet. These could be positions that explode if sentiment shifts suddenly, but for now, they are dormant. Distribution in Progress: Smart Money Exits Signal Cooling Sentiment The most telling category is where knowledgable money has actively started to move out. Today’s data shows that institutional and seasoned investors have offloaded their positions in CLAUDIUS, GOAT, KAFKA, TITCOIN, and wPOND. This sell-off behavior typically points to a distribution phase, where earlier investors are taking profits and reducing exposure. This movement frequently denotes the commencement of a downtrend or diminishing market interest. If smart money investors are divesting from these tokens, retail investors may be left holding the bag if the broader market sentiment follows the lead of the smart money. It’s a sobering reminder of the meager memecoin market. When confidence appears to be on the upswing, these assets seem to appreciate in value. When confidence slopes downward, so does the value of these assets. Remarkably, tokens that are in the distribution phase rarely experience rapid rebounds without the push of external catalysts or a fresh marketing effort. Traders, be warned: The price action in these tokens now may reflect near-term exit liquidity rather than long-term, serious investment. The projects themselves don’t seem to be healthy. Conclusion: Smart Money as a Compass in Memecoin Chaos A current look at smart money actions in Solana’s top 25 memecoins provides insight into the market’s state. Even as the memecoin scene remains the speculative breeding ground it has always been, the moves of well-informed investors stick out as reliable early indicators of when and where the market might be up to something. For individuals traversing this unstable area, the essential lesson is obvious: track the cash, but grasp the context. Right now, the entities to keep your eye on are GIGA, MTN, MUMU, and ALON, while CLAUDIUS and GOAT look to be on a downward trajectory. As is always the case in crypto, timing is key—especially in the meme economy. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !