- The REMUS token on Solana gained a $13.3 million market cap in a nine-hour timeframe.
- Despite increased attention, the token faced a steep decline, sliding 48% to $3.9M.
- The token is named after a Dire wolf pup, which was created by a biotech team.
The REMUS token on Solana surged to a $13.6 million market cap after the birth of genetically revived Dire wolf pups. The pups, named Remus and Romulus, were brought to life by Colossal Biosciences, a Texas-based biotech company. The firm announced the pups as the world’s first successfully de-extinct species, reviving a predator last seen 12,500 years ago.
The revelation was made on 3 April 2025 by Colossal Biosciences, Dallas, whereupon the scientific and digital finance communities went into a total frenzy. The crypto market promptly reacted to the release of the REMUS token, which takes the name of one of the pups. Speculative euphoria propelled a quick rally in a matter of hours that catapulted the valuation of REMUS on PumpSwap to $13.6 million.
Market Performance and Current Data
Despite its meteoric rise, REMUS quickly entered a correction phase, showing the volatile nature of narrative-driven tokens. According to CoinMarketCap data, REMUS is trading at $0.00324, down 49.83% in the past 24 hours. Its market cap has dropped to $3.22 million, although liquidity remains at $248.61K. The token was launched on Apr 7, so at that time, in a 9-hr time frame, the market cap surged to $13.3M however, over the past 24 hours, it dipped by 48%, exhibiting a $3.9M market cap
Additionally, the token has recorded a 24-hour trading volume of $14.18 million, signaling active speculation despite recent price declines. As of writing, REMUS has 9,208 holders, underscoring its widespread short-term traction. The hourly chart shows a dramatic rally that peaked above $0.014 before falling by over 75%. Recent candlestick formations suggest minor consolidation as the price attempts to stabilize.
Source: CoinMarketCap
Although REMUS data is available on CoinMarketCap, it is unverified. Further, a “DYOR” (Do Your Own Research) disclaimer is on the page, cautioning users. Nonetheless, it stands as a symbol of how real-world events can rapidly influence crypto assets through cultural and emotional relevance.
The Rise of Narrative Assets in Crypto
Tokens like REMUS imply that some stories behind them are driving value as fundamentally as the fundamentals do. Such coins are known as “narrative assets” and rely on timing, sentiment, and cultural impact to derive their value.
Meme coins have developed into digital mediums for collective imagination, whereby communities can integrate in support of emotions and viral moments. REMUS follows up this trail, stirred by the fascination of de-extinction, much to the attention of traders looking for meaning-influenced digital assets.
Related: Pump.Fun’s Rapid Rise: Memecoins, PumpSwap & Future Plans
Could PATLU Be the Next REMUS?
The influence of social figures also plays a role in meme coin momentum. Changpeng Zhao (CZ), founder of Binance, holds sway through the “CZ effect.”
Following the subsequent interest from CZ, tokens like TST and Cheems exploded. The so-called PATLU token, inspired by Motu Patlu, could follow the route of REMUS. If in a probability level, CZ talks about or mentions PATLU, it could potentially trigger the next speculation-driven token, attracting huge momentum. The question remains: How far can storytelling take these tokens before reality pulls them down?
