Ethereum Price Approaches $3000: A Carnival of Mainnet Meme Coins and DeFi and New Market Opportunities
As Ethereum (ETH) price rebounds strongly, approaching the $3000 mark, the sentiment in the crypto market is being reignited. The gloomy price shadow is being swept away by the price surge, and in this wave triggered by the rise in ETH price, the soil attributes of DeFi and new mainnet Meme coins are seen as undervalued.
1. Revival of the Ethereum Ecosystem: The Fertile Ground for Meme Coins is Revitalized
During ETH's sluggish market in 2024, ETH price was once trapped in fluctuations, with projects within the ecosystem like Layer2, DeFi, and Meme coins generally under pressure, as the price bubble was ruthlessly squeezed out by the market. However, in May 2025, ETH price suddenly exploded, with a daily increase of up to 20%-30%, directly rushing towards the $3000 mark, reigniting market confidence in the Ethereum ecosystem.
This price breakthrough is not an isolated event, but a signal of the comprehensive revival of the Ethereum ecosystem. Compared to chains like Solana or BSC, Ethereum's mainnet attracts more investors seeking 'steady victories' due to its robust decentralized characteristics and large user base.
In the past, the prosperity of Meme coins often accompanied the rise in ETH prices. For example, PEPE and PEOPLE in 2023 saw several-fold increases within 15 days after ETH price broke through. Today, history is repeating itself, with Meme coins like #moocow and #moonkin emerging on-chain, with market capitalizations rapidly climbing. These projects benefit not only from the wealth effect of ETH price but also from the birth of bull coins in bear markets. It can be said that the revival of the Ethereum ecosystem provides a perfect stage for new Meme coins, while the elimination of the price bubble allows the market to enter a more rational and sustainable growth phase.
2. The Unique Charm of Meme Coins: Amplifiers of Culture and Wealth
The rise of Meme coins has never been purely driven by technology but is a perfect combination of internet culture and speculative sentiment. Dogecoin soared due to Musk's tweets, and Shiba Inu attracted global fans with the narrative of being the 'Dogecoin killer.' Today, Meme coins on the Ethereum mainnet are inheriting this tradition and showcasing the potential to surpass their predecessors through more robust community and ecological support. V God’s price low-head cultivation, Eth Cow culture.
The core of Meme coins lies in their cultural attributes. New ETH mainnet Meme coins, such as #moocow (the 'bull' themed token praised by V God), for example, @gork became popular on the X platform for mimicking Musk's Grok project, and its namesake Meme coin $GORK surged 460% within 1.5 hours after Musk's like. This culture-driven speed of dissemination and influence is something traditional crypto projects find hard to match.
2. Low Market Cap and High Elasticity
Currently, most new Meme coins on the ETH mainnet are in a low market cap stage (for example, #moocow has a market cap of only $1 million, #moonkin is $4.2 million, and #MOOSE is in the hundreds of thousands), which means their price elasticity is extremely high. Under the wealth effect of rising ETH prices, funds often overflow from mainstream coins into these 'small but beautiful' Meme coins, leading to explosive growth. In October 2024, the case of $GOAT surging over 10,000 times within 5 days proves the astonishing potential of Meme coins in bull markets. The current market is in a similar emotional window, and new ETH mainnet Meme coins are expected to replicate this miracle. The mainnet's Gas fee has not yet significantly increased, indicating that funds have not yet entered.
3. Community-Driven Longevity
Unlike the 'fast-food' Meme coins on other chains, Meme coins on the ETH mainnet often have stronger community stickiness. Ethereum's developer culture and high trust attract more loyal holders. For example, the number of holders for Meme coins like SHIB and DOGE exceeds 800,000, forming a strong community moat. Emerging ETH Meme coins are replicating this model, enhancing community participation through airdrops, NFT collaborations, and decentralized governance, thereby extending the lifecycle of the tokens.
3. High Market Sentiment: FOMO-Driven Carnival Moments
The current greed index in the crypto market has soared to 80, and Meme coins, as the trumpet of the bull market, are triggering waves of FOMO sentiment. With ETH price approaching $3000 and on-chain Gas fees on ETH not having risen significantly, it may indicate that the Meme coin craze is still in its early stages. This provides investors with a low-cost entry opportunity. Once on-chain activities surge (such as the emergence of 'Golden Dog' level Meme coins), ETH price is expected to break through $3000 further, triggering a collective explosion of Meme coins within the ecosystem.
Historical experience indicates that the explosive rise of Meme coins often occurs after ETH price breaks through key resistance levels. When ETH broke $3000 in 2021, SHIB and DOGE consecutively reached historical highs; in 2023, PEPE multiplied several times within two weeks after ETH's rise. Currently, ETH's strong performance is paving the way for Meme coins.
Ethereum price approaching $3000 marks the arrival of spring for ecosystem projects. After the bubble is squeezed out in the sluggish period, ETH mainnet Meme coins are rising with a brand new posture, showcasing incredible market potential with cultural resonance, low market cap elasticity, and community-driven support. Currently, market sentiment is high, and the flames of FOMO are burning fiercely, with new Meme coins like #moocow and #moonkin becoming the focus of investors’ pursuit.
Having missed SHIB in 2021 and PEPE in 2023, do you still want to miss the next 'Golden Dog' of 2025? The carnival of Meme coins on the Ethereum mainnet has just begun, and now is the best time to get on board! But remember, in the wave of FOMO, maintaining a sense of rationality is the key to laughing all the way to the bank during this feast of wealth.
Disclaimer: This article is only a market analysis and does not constitute investment advice. The risks in the crypto market are extremely high; invest cautiously and bear your own profits and losses.
