After the U.S. airstrike on Iran on Sunday morning (06/22/2025), crypto traders pushed war-themed meme coins on Solana, such as BunkerCoin, Werld Wur Thwee, and Make Iran Great Again, according to Decrypt.
The phenomenon of war meme coins on Solana
War-themed Solana meme coins surged after the U.S. airstrike on Iran:
BunkerCoin: Increased 1,964% to a market capitalization of $5.14 million, then dropped 78% to $1.13 million. The project, originally named Project Malachite, owns a 750,000 ft² bunker in Germany, upgrading facilities and organizing marketing events.
Werld Wur Thwee: Peaked at $1.54 million after launch, then dropped 89% to $167,000.
Sticks and Stones (SAS): Market capitalization of $1.56 million on Monday (06/23/2025).
Make Iran Great Again: Increased to $832,530, inspired by a post from President Trump.
These tokens, primarily launched on Pump.fun (creating 11.5 million meme coins in 18 months, 22,019 tokens in the past 24 hours, according to Dune), reflect a speculation strategy based on hot news. Cecilia Dahlberg from Bubblemaps remarked: 'Anything that stands out in the news becomes a meme coin.' However, Victor Teixeira from Contango Digital Assets argues that this trend reflects a lack of learning awareness in a generation.
Market context and ethical controversy
The crypto market is under pressure from Middle Eastern tensions, with Bitcoin down 5.6% and crypto capitalization down 6% to $3.2 trillion (CoinGecko). #memecoin , capital sensitive to market sentiment, suffered heavy losses, such as $PEPE (-8.2%) and $WIF (-8.5%) (Decrypt, 06/18/2025). Solana (TVL $9.8 billion, DefiLlama) continues to attract speculation due to fast transaction speeds and low fees.
Controversial war meme coin trend:
Positive: Reflects the freedom of the crypto market, as Loopify (CryptoGaza) noted, attracting investors seeking quick profits.
Negative: Some tokens, like Swasticoin (peak $180.45 million) or Ye-related coins, have been criticized for promoting anti-Semitic and extremist ideologies. Experts warn this is the initial step towards radicalization. Teixeira believes war meme coins reflect 'educational irresponsibility.'
Geopolitical tensions, with Iran responding with missiles to U.S. bases in Qatar (Reuters, 06/24/2025), alongside the GENIUS Act in the U.S., create a complex backdrop for crypto.
Impact on the crypto market
Increased meme coin volatility: Tokens like BunkerCoin may continue to experience strong fluctuations based on news from the Middle East.
Impact on Solana: The Pump.fun platform strengthens its position $SOL in the meme coin ecosystem, competing with Ethereum (TVL $46 billion).
Ethical and legal risks: Sensitive meme coins may attract scrutiny from the SEC, especially if the CLARITY Act does not pass in 2025.
Investor suggestions
Caution with meme coins: Avoid blind investment in tokens like BunkerCoin due to high collapse risks (Werld Wur Thwee dropped 89%).
Focus on Solana and Bitcoin: Solana ($145) and Bitcoin ($104,250) remain attractive due to a strong ecosystem.
Watch regulations: The GENIUS Act and SEC may impact meme coins and the crypto market.
Ethical assessment: Avoid tokens with controversial content to reduce legal and reputational risks.
Risk warning: Crypto investment carries high risks due to significant price volatility.