Shocking! Solana Founder Slams Memecoins as ‘Digital Slop’

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Oh, what a riot! Anatoly Yakovenko, the Solana co-founder, is dropping truth bombs like they’re hotcakes, calling memecoins and NFTs “digital slop” with zilch intrinsic value. This kerfuffle erupted during a no-holds-barred debate with Base creator Jesse Pollak on X, way back on July 28. Can you imagine the fireworks? 😂

Yakovenko, never one to mince words, bellowed: “I’ve said this for years. Memecoins and NFTs are digital slop,” drawing a hilariously apt comparison to those shady loot boxes in mobile games that hook you faster than a bad habit. “People are throwing away $150 billion a year on this nonsense!” he cried. 😏

I’ve said this for years. Memecoins and NFTs are digital slop and have no intrinsic value. Like a mobile game loot box. People spend $150b a year on mobile gaming.

— toly 🇺🇸 (@aeyakovenko) July 27, 2025

But Pollak wasn’t buying it for a second. He fired back that NFTs pack real punch, sort of like a masterpiece hanging in a museum—priceless, right? Yakovenko shrugged it off, admitting Solana’s riding high on memecoin mania, but hey, it’s no different from Apple cashing in on those addictively awful games. Talk about biting the hand that feeds you! 🤷‍♂️

Memecoins Dominate Solana Revenue

Despite Yakovenko’s scathing sarcasm, Solana’s laughing all the way to the bank thanks to memecoins. A July 2025 report from Syndica spills the beans: these jokers made up 62% of Solana’s dApp revenue in June alone, ballooning the total to $1.6 billion for the first half of the year. Most of it? Courtesy of Pump.fun and PumpSwap, though that upstart LetBonk is muscling in like an uninvited party crasher. 💸😂

Community Pushback

Naturally, Yakovenko’s hot take lit a fire under the community. One user, Caps, called him out for trashing the very folks who pumped up Solana’s success—hypocrisy at its finest! And Karbon accused him of peddling memecoins while secretly thinking they’re worthless. Ouch, the irony’s thicker than a blockchain fog. 😠 Yet, memecoins keep driving Solana’s rocket ship, proving that what people say and what they do are often hilariously at odds. 🚀💥

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2025-07-28 10:45