HULK Memecoin Volume Surges 122,000% Following Hogan’s Death

News broke that morning that Hulk Hogan had died at age 71, triggering a rapid rally in the Solana token HULK that launched in 2021. Within hours, the token’s price surged from under $0.001 to peaks just above $1.

Trading activity concentrated on Solana-based decentralized exchanges, where HULK liquidity pools experienced sudden inflows and outflows. On-chain data showed over $10 million in HULK tokens traded in the first two hours of the rally.

Related tokens saw notable gains following the initial surge. “Hulk Hogan”-branded coins on Ethereum climbed over 128%, while other variants increased roughly 138% in parallel trading pairs. The spike attracted social media tributes, with wallets tagged as “Hulkomania” briefly trending on blockchain explorers.

HULK memecoin debuted on Solana in mid-2021, inspired by wrestling iconography and community-driven marketing without official endorsement from Hulk Hogan. The token had traded at minimal volumes for most of 2025 before the surge.

The price increase occurred across multiple trading pairs and exchanges simultaneously. Trading volume peaked around midday before declining as the initial buying pressure subsided. Several other celebrity-themed tokens saw smaller increases during the same period.

Blockchain data shows the majority of trading occurred through automated market makers on Solana, with additional activity on centralized exchanges that list the token. The surge marked one of the largest single-day percentage gains for any memecoin in 2025.

Hulk Hogan, born Terry Gene Bollea, was a professional wrestler who became a cultural icon in the 1980s and 1990s. His death was confirmed by multiple news outlets and prompted widespread tributes across social media platforms.

The token price retreated from its peak later in the day but remained significantly elevated compared to pre-announcement levels. Several trading platforms experienced increased server loads due to the sudden activity surge.