MakeNowMeme Account Suspended on Social Media Platform X

Social media platform X has suspended an account titled MakeNowMeme, which allowed users to launch their own Solana-based memecoins by simply posting a tweet. X noted on the account page that it suspends accounts in violation of its rules.

“The @makenowmeme X account was suspended, and we’re looking into restoring it. Minting will be paused for now,” said MakeNowMeme’s official website, adding that it will provide updates with a new solution.

MakeNowMeme enables X users to launch their memecoins by tweeting in a specific format—starting with a dollar sign and ticker name, followed by the token’s name and description, with an optional image or video. Users were required to tag the now-suspended X handle to launch the memecoin.

Similar to the previous successful memecoin platform Pump.fun, when enough users purchase a new MakeNowMeme token, its liquidity is posted on the decentralized exchange Raydium before being burned.

Alex Svanevik, CEO of onchain analytics platform Nansen, launched a new token using MakeNowMeme earlier this week. Svanevik mentioned on X that he was testing technology developed by a friend and cautioned followers not to “ape” his token.

His memecoin, IQ, reached over $9 million in market capitalization on July 31, but quickly declined to around $300,000.

A surge in memecoin activity on various platforms has led to increased transaction volumes on Solana, hitting 1.31 billion transactions in July, with over 54 million active addresses, according to The Block‘s data dashboard.

Update

MakeNowMeme’s X handle is no longer suspended; account confirms that minting and replies are back live.