NEAR ecosystem memecoin $NEARLY was bought into by the co-founders of NEAR and sustained its pump while the launchpad it launched on is worth less than the memecoin itself.
[1]← Week of Oct 11Oct 11 – Oct 17 UTC Every claim links to the posts behind it01 02 03 04 05 06 07 08 09 10 8 posts on X 2 weeks
Narrative / Rank 19 / Week of Oct 11 – Oct 17 / 2nd week running (was #7)
NEAR Memecoin Mania Takes Over as Co-Founders Back $NEARLY and $2M+ in $NEAR Bridges to Solana Holders
Peak / day13tracked accounts
Peak dayMonOct 12 · busiest day in the panel
Rest of X / peak day227distinct accounts outside the panel
Cited claims102 dropped by automated checks
Market · $NEAR-14.5%7-day price · rank #20
Attention
Who was talking, day by day
Tracked paneldistinct tracked accounts / day
Rest of Xdistinct other accounts / day
What happened
NEAR ecosystem memecoin $NEARLY was bought into by the co-founders of NEAR and sustained its pump while the launchpad it launched on is worth less than the memecoin itself. @launchonsf reported that over $2,000,000 worth of $NEAR has now been sent to solana:6UtY9iTZMQQ5QZVrbzFnNaJntV7oySm9k97mvwnuZcxr holders. $NEARKAT is described as a '$stonk' pick where holders can hold and get paid a token via airdrops, with the poster receiving a few k worth of $NEAR total, and the flywheel is 'only about to start'.
+ 7 more in the evidence register ↓Why it matters
The conversation has moved from the previous week's security incident (NEAR Intents exploit) to speculative memecoin activity and price targets. For a crypto-native audience, the contrast between the bullish social sentiment and the actual negative 7-day price move is the key point. The co-founder involvement in a memecoin, if confirmed, would be a significant cultural signal for the NEAR ecosystem.
Observed reaction
mostly_positive
Spread
Where it started and who carried it
- First seen
- Oct 11, 02:08 UTC by @hentechnologue
- Accounts
- 31 tracked · 26 elsewhere on X
- Communities
- general ct (10), memecoins solana (7), ai crypto (4), perps trading (4)
- Key accounts
- @cryptorover, @damidefi, @grayscale, @haenko21, @lluciano_btc
Explainability
Evidence register
@launchonsf reported that over $2,000,000 worth of $NEAR has now been sent to solana:6UtY9iTZMQQ5QZVrbzFnNaJntV7oySm9k97mvwnuZcxr holders.
[1]$NEARKAT is described as a '$stonk' pick where holders can hold and get paid a token via airdrops, with the poster receiving a few k worth of $NEAR total, and the flywheel is 'only about to start'.
[1]NEAR's co-founder co-wrote the paper ChatGPT is built on, supports swapping BTC into SOL straight from a wallet, private balances, staking with yield that pays for AI, and there is now an ETF.
[1]Polygon pulled ~$2M in on-chain revenue in 30 days on a ~$1B market cap while Avalanche $AVAX and $NEAR, valued several times higher, earned a fraction of that.
[1]@mk4_lul is casually up $20M on a $NEAR long on Hyperliquid.
[1]@hentechnologue called $NEAR Intents 'goated' while highlighting liquidity in $QTC, a recently launched project without CEX.
[1]@hentechnologue flagged $THREE on $NEAR as the 'New $FOUR' and referenced a 'Holy Trinity'.
[1]@timheus described $NEAR as approaching an important HTF liquidity POI after a huge run up, watching the LTF range for scalp trades with 4h demand just below the range, and noting supply + liquidity POI above for HTF shorts and overlapping HTF HOBs for longs.
[1]@cryptoyieldpro noted Polygon pulled ~$2M in on-chain revenue in 30d on a ~$1B MC while Avalanche $AVAX and $NEAR, valued several times higher, earned a fraction of that.
[1]Angles
- NEAR ecosystem memecoin mania: $NEARLY and Solana-bridged memecoins rally as co-founders buy in and the chain's 'flywheel' narrative takes over CT
- NEAR price pump and chart calls dominate as $NEAR posts a technical reclaim while CT debates whether it's a real L1 or something bigger
- NEAR Intents and privacy/swap infrastructure pitched as the 'long answer' bull case, but most attention stays on memecoins and price
- NEAR vs other L1s: traders compare $NEAR's valuation and revenue to Polygon, Avalanche, $TAO, and $SUI
Formats in use
Risks
- Posts frame $NEAR as pumping and heading to two digits (e.g. '$NEAR to $50', 'two digits', '$10') while market data shows -14.5% over 7 days—this is a clear contradiction that must be flagged.
- Claims of co-founders buying into a memecoin ($NEARLY) and airdrops of 'few k worth' are unverified social posts, not confirmed by official sources.
- Some posts read as coordinated shilling around $NEARKAT, $THREE, $NEARLY, and $QTC; treat as promotional and avoid repeating as fact.
- Posts mentioning 'the flywheel is only about to start' and 'easiest play right now' are closer to price/speculation content and should not be framed as advice.
Observed content
Most-engaged posts
$NEAR is pumping, but the best part isn't the chart NEAR is finally loud in CT, and the chats and trenches keep filling up with new talent been here since 2021. we waited a long time for this welcome in 🫡Open on X →
friend: what's NEAR? me: a blockchain friend: like solana? me: kind of. but you can swap BTC into SOL straight from your wallet, your balance can be private, you can stake it and the yield pays for your AI, the co-founder co-wrote the paper ChatGPT is built on, there's an ETF nowOpen on X →
Show me a better chart please. $NEAR https://t.co/acZWnDZMFoOpen on X →
$NEAR is moving like $HYPE did in Q1. A well-calculated and perfectly timed re-entry. :) 2 digits ⏳️Open on X →
$NEAR to $50Open on X →
The amount of liquidity I'm seeing in $QTC is something I haven't seen in crypto in a very long time for a recently launched project without CEX. This coin is showing very high potential, and I do not know how high it could reach. But anyway we ride! $NEAR intents is goated🫠Open on X →
Polygon pulled ~$2M in on-chain revenue in 30d on a ~$1B MC. Avalanche $AVAX and $NEAR, valued several times higher, earned a fraction of that. Out of 24 chains, $POL sits in the small corner that earns above its cap. And price is back at its weekly breakout. 👀🧵 1/2 https://tOpen on X →
Holy Trinity 😆 The $THREE on $NEAR https://t.co/CLOAgYcC73Open on X →
History