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Aptos Gets a Meme Coin Glow-Up: BuzzlamicJihad’s “CTO” Sparks a 17% Price Surge

By Fatima

Last Updated: Feb 20, 2025

Fact checked

By Sam Cooling

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Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.
Aptos just got a wild shake-up from degen trader BuzzlamicJihad, pushing APT up 17% in 24 hours - All from an APT meme coin makeover?
Disclaimer Icon
Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Aptos, APT, the Layer-1 blockchain that has been quietly running, just received a jolt of chaotic energy from an unlikely source: a degen trader named BuzzlamicJihad.

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What began as a spontaneous “community takeover” joke has evolved into a complete change in direction and energy, catapulting Aptos’ native token, APT, up 17% in the last 24 hours to $6.55, per CoinGecko data. And all this just because of a meme coin make-over?

What’s Going on Over at Aptos? What’s All This CTO Talk?

This isn’t your typical CTO. It is all based on this catching phrase “Aptos lookin’ good here”, and a one-man hype machine who’s been grinding since Aptos Labs co-founder Mo Shaikh stepped down as CEO on December 19, 2024.

Two months later, with Avery Ching stepping into the top spot, BuzzlamicJihad called the bottom, doubled down on APT, and started preaching that the CTO was “not priced in.” He’s dropping this mantra trying hard to manifest it.

Aptos, a Layer-1 Blockchain, Is Getting A Meme Coin Rebrand

For those unfamiliar with the term CTO (Community Takeover), it refers to when the developer of a meme coin abandons the project, and the community steps in to keep it alive and protect its investments.

Successful CTOs include FWOG and ChillGuy, among others. However, Aptos isn’t just another Pump.Fun meme coin—it’s a legit Layer-1 blockchain with an active team still involved. That’s what makes this situation both unusual and intriguing.

BuzzlamicJihad is bringing a new edge to Aptos, and so far, it’s working.

Sure, APT is still suffering a 68% drop from its all-time high, but the vibes are there. Some are making the comparison with Ethereum’s Milady Maker NFT crew, dripping with irony and insider jokes.

When Vitalik Buterin leaned into Milady’s absurdity in January 2023, it didn’t fix Ethereum’s gas fees, but it lit a fire under the community. Aptos is getting a similar treatment: no tech upgrade, just a cultural reboot.

Aptos lookin’ good here? You decide.

Meme Index: Never Miss a Meme Coin Again – Managed Funds Boost Investing Amid Market Uncertainty

Meme Index: A Diversified Approach to Meme Coin Investing Amid Market Uncertainty

Meme coins combine humor and high-risk potential, think Dogecoin’s rise or the short-lived hype of countless others. Even Aptos seems to be benefiting from the meme coin trend, offering a new angle as the market stagnates and looks for fresh ideas.
With so many tokens flooding the market, finding the next big one is tough. Instead of betting on a single coin, Meme Index ($MEMEX) provides an alternative: a decentralized app that lets users invest in curated meme coin baskets, reducing risk across multiple assets.
The meme coin market has seen major booms and busts, and many top meme coins are struggling. Take Fartcoin and SPX6900, for example—both hit billion-dollar market caps but are now down 87% and 67% from their all-time highs, respectively.
Meme Index avoids the risk of relying on one token by grouping coins into four indexes based on volatility:
  • Low-Volatility: The top 10 meme coins by market cap, for those looking for stability.
  • Mid-Tier: Two baskets of mid- and low-cap coins, balancing growth and safety.
  • High-Volatility: Small-cap meme coins for high-risk, high-reward investors.
This structure allows users to choose their risk level. A mid-tier coin that moves up the ranks could boost its entire basket, increasing returns without relying on one breakout token.
$MEMEX is the platform’s core token, required for access, staking, and governance. Its value is tied to the platform’s usage, making it more interesting than just another meme coin driven by hype.
The presale has raised $3.7 million, with $MEMEX priced at $0.0163585. A price increase is expected in less than 20 hours. Security audits by Coinsult and Solid Proof confirm that its smart contracts are secure, adding credibility for early investors.
Meme Index doesn’t promise overnight riches but provides a structured way to invest in the $120 billion meme coin market.
For updates, check X and Telegram. Investors can purchase $MEMEX through the project’s website. For those tired of meme coin roulette, this offers a more calculated way to enter the space.

EXPLORE: Pi Network Mainnet Launch is Here: Can Pi Crypto Hit $1,000?

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Fatima
Fatima
Crypto Journalist

Fatima is a rising crypto journalist with a sharp eye for hidden gems and technical analysis. When she's not charting the next big breakout or diving into onchain data, a firm believer that alpha is where you least expect it,... Read More

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