Sam Schubert(@minnus):PumpSwap was taking a much larger share of $SPCX trading on @solana than usual (38% of Backpack x Sunrise SPCX yesterday), so I dug a little deeper. On October 10, 86 memecoin/SPCX pools traded $19.5M, accounting for 38% of SPCX’s total DEX volume. Two separate Super Intelligent Beauty (SIB) coins launched seconds after Elon’s post and generated $10M combined. Musk, Silicon Inu and SpaceX Super Intelligence also contributed. The connection is @Pumpfun's Custom Pairs, which lets memecoins trade against tokenized SpaceX. Routes can run SOL/USDC → SPCX → meme, also adding SPCX turnover on Orca, Raydium and Meteora alongside PumpSwap. So part of the spike in tokenized-equity volume was memecoin speculation using SPCX as the quote asset.

2026.10.12 01:27

PumpSwap was taking a much larger share of $SPCX trading on @solana than usual (38% of Backpack x Sunrise SPCX yesterday), so I dug a little deeper. On October 10, 86 memecoin/SPCX pools traded $19.5M, accounting for 38% of SPCX’s total DEX volume. Two separate Super Intelligent Beauty (SIB) coins launched seconds after Elon’s post and generated $10M combined. Musk, Silicon Inu and SpaceX Super Intelligence also contributed. The connection is @Pumpfun's Custom Pairs, which lets memecoins trade against tokenized SpaceX. Routes can run SOL/USDC → SPCX → meme, also adding SPCX turnover on Orca, Raydium and Meteora alongside PumpSwap. So part of the spike in tokenized-equity volume was memecoin speculation using SPCX as the quote asset.