Meme-coin drama between two leading networks is sending ripples through the market. Ethereum and Solana are both down on the day, and the skirmish over who owns the Wojak crypto brand is actively making things worse. The full story involves delistings, a “fake vamp attack,” and a community so protective of their token they’re going to war over a sad cartoon face.
The sequence of events began when CoinEx announced it would not support the WOJAK token swap and would fully delist WOJAK, halting trading on February 5, 2026, with withdrawals closing May 5, 2026. Bitget completed a Wojak Coin contract swap but separately delisted the old Wojak coin.
The fake vamp attack Soljak (Wojak on Solana) has been delisted from Solscan and MEXC
There is only one $WOJAK and it's 3 years old and lives on Ethereum pic.twitter.com/9D3vYBBQYu
— Prorok (@proroketh) May 25, 2026
Then came the flashpoint: a Solana-based token nicknamed “Soljak” was labeled a “fake vamp attack” by community members and delisted from both Solscan and MEXC, with Ethereum holders declaring flatly: “There is only one $WOJAK and it’s 3 years old.” This suggests the conflict isn’t just branding noise; it’s affecting exchange listings and, by extension, sentiment across the meme-coin sector on both chains.
The Ethereum WOJAK meme coin seems to be winning the war, with it up +20% over the past week while its Solana copycat is down -37% over the last two weeks, and its market cap has dropped to just $6M, while the ETH WOJAK sits at around $30M.
Can Ethereum and Solana Recover While the WOJAK Crypto Drama Unfolds?
Ethereum is trading around $2,090 down -1% over the past day, according to CoinGecko. Volume has been compressed, which typically signals indecision at this range. The key psychological level to watch remains $2,000 as near-term support; a clean hold there keeps the base case intact.
Bull case: ETH reclaims $2,300 resistance on a volume spike, reopening the path toward $2,500. Base case: sideways chop between $2,000 and $2,200 as the broader market digests macro risk. Bear case: a close below $2,000 would likely trigger stop-cascade selling and reset the technical picture entirely.
$ETH has now dropped below the $2,100 level.
Spot demand continues to weaken, and whales are selling.
It seems like Ethereum could make a new low way before Bitcoin. pic.twitter.com/3pVLx8S0yc
— Ted (@TedPillows) May 26, 2026
Solana tells a similar story. SOL is trading around $84, down -1.5% over the past 24 hours. The Solana network’s Q1 2026 data shows the chain remains highly active despite the meme-coin turbulence; transaction throughput hasn’t flinched.
Key support sits near $80; resistance clusters around $88. Bull case pushes toward $95 on renewed appetite. Invalidation is a sustained break below $80, which would signal genuine risk-off rotation rather than a temporary dip.
The Wojak crypto delistings alone won’t move ETH or SOL, but they’re a symptom of something larger: exchanges tightening standards on meme coins, which compresses the speculative froth that often lifts both chains during bull runs.
LiquidChain Targets Early-Mover Upside as Ethereum and Solana Test Key Levels
Here’s the uncomfortable truth about buying ETH or SOL at their current market caps: a 10x return requires a move into trillion-dollar territory. That math gets harder, not easier, as prices rise. For traders watching the Wojak crypto drama unfold and asking, “Where does the real opportunity sit right now?”, LIQUID may well be the answer.
LiquidChain ($LIQUID) is a Layer 3 infrastructure project with a specific, testable thesis: the fragmentation of liquidity across Bitcoin, Ethereum, and Solana is the biggest unsolved problem in crypto (the Wojak chain war is almost a perfect accidental metaphor for this).
LiquidChain’s Unified Liquidity Layer fuses BTC, ETH, and SOL ecosystems into a single execution environment, meaning developers deploy once and access all three networks, no bridging, no chain-switching, no “which Wojak is the real one” style confusion.
The presale is currently priced at $0.01463 per $LIQUID token, with over $800,000 raised to date. Two standout features: Single-Step Execution (cross-chain actions without multi-transaction friction) and Verifiable Settlement (on-chain proof of every cross-chain move).
Visit the LiquidChain Presale Website Here.
EXPLORE: Best Crypto Presales Gaining Traction Right Now
Follow 99Bitcoins on X, YouTube, and Telegram for more crypto news and analysis.
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
