The $1 memecoin has hit a brand new milestone, with 66.5% of all wallets by no means having offered a single token. These wallets – named “Diamond Arms” within the crypto sector – give a powerful sign to the Web3 group.
However whereas SPX6900 got down to flip the inventory market, $1 attracts inspiration from its personal mission: questioning the that means of cash itself. The challenge positions itself as a symbolic various in a world the place belief in fiat foreign money continues to erode.
Conviction On-Chain: The $1 Holder Sign
$1 ranks simply behind SPX6900 in ‘diamond-hands share’: an on-chain statistic that signifies the share of holders which have by no means offered. In keeping with information from Dune Analytics, 66.5% of wallets holding $1 have by no means offered a single token. It is a determine that locations it forward of many different meme contenders, together with POPCAT and Fartcoin. This “diamond palms” sign reinforces that $1 holders imagine within the mission moderately than fast flips.
As fiat volatility continues to make headlines and memecoins surge previous $85 billion in collective market cap, $1 gathers curiosity. The challenge positions itself as a cultural outlier with macro relevance. It’s not about canines, cats or hype – it’s about what cash has degraded into and the awakening that follows.
From Meme to Message: $1’s Mission Beneficial properties Momentum
$1 isn’t just a play on nostalgia; it’s a protest. The token represents how a lot the greenback has misplaced in worth during the last century, with a purpose of reaching $32.47, which is what one greenback was price in 1913. In reality,”simply purchase $1 price of this coin”, the official identify of the challenge, is popping actual financial frustration into digital motion that anybody can take.
The challenge operates with no central workforce or treasury, following the decentralized ethos that first impressed its motion. As an alternative, its group funds advertising via an accompanying NFT assortment, small digital badges to help $1.
With SPX6900 proving that group, not utility, now drives success, $1 is following its personal path by constructing on related vitality for its personal shared mission. Mahmudov who coined the extensively shared “Memecoin Supercycle” thesis now defines the following period of tokenized communities: memes with goal outperform even the biggest blockchains.
About $1
Launched in 2024 on Solana and revived in 2025 by a decentralized collective, $1 is a memecoin protesting in opposition to fiat foreign money debasement. With no presale, no roadmap, and no central workforce, $1 is fully community-driven. Its goal worth of $32.47 represents the misplaced buying energy of the U.S. greenback. The challenge’s NFT assortment funds exterior advertising efforts.
In July 2025, the challenge crossed a 66.5% “diamond palms” threshold, inserting it among the many most conviction-led tokens on-chain. $1 group labels the challenge as “the unprintable greenback designed to outperform the one printed into irrelevance.”
It’s potential to study extra on $1 via its official web site and the workforce’s social media pages (linked beneath).
Disclaimer: The knowledge supplied on this press launch shouldn’t be a solicitation for funding, neither is it supposed as funding recommendation, monetary recommendation, or buying and selling recommendation. It’s strongly beneficial you follow due diligence, together with session with an expert monetary advisor, earlier than investing in or buying and selling cryptocurrency and securities.
