Mumu the Bull
 | |
| ticker | MUMU |
|---|---|
| blockchain | Solana |
| launched | March 2024 |
| peak market cap | about 220 to 280 million dollars implied (July 2024) |
Mumu the Bull (MUMU) is a Solana meme coin based on the cartoon bull from crypto's mumu and bobo meme tradition, which peaked in July 2024 against the trend of its cohort.
Mumu the Bull (MUMU) is a Solana meme coin built on the crudely drawn cartoon bull from the mumu and bobo meme lineage, the long running crypto Twitter comic tradition in which a hapless bull (mumu) and bear (bobo) act out every market emotion. Where most 2024 coins invented mascots, MUMU adopted one the community had been posting for years.
Origin
MUMU launched in March 2024, in the thick of the great Solana meme wave, with the stated mission, quoted in Bybit's overview, to dethrone the establishment and forge the ultimate decentralized currency, delivered in the voice of the perpetually overconfident cartoon bull. The bull imagery gave the coin a ready made content library: years of mumu comics about buying tops, refusing to sell, and declaring victory prematurely mapped directly onto the experience of holding the token. The community leaned into this, positioning MUMU as the official coin of unearned bullishness.
Market history
MUMU's distinguishing market fact is timing. While most of the spring 2024 class peaked in March through May and then bled, MUMU kept climbing after the cohort rolled over, and price trackers date its all time high to the end of July 2024, a period when Bybit noted it scaling heights it had not seen before even as peers fell. Tracker figures for the peak vary: CoinGecko's recorded high of about 0.00012 dollars against a circulating supply near 2.33 trillion implies roughly 280 million dollars, while CoinLore's high of about 0.000095 dollars implies closer to 220 million dollars. After the July peak the token joined the general decline, and by the mid 2020s its market capitalization had fallen to a small fraction of one percent of the high.
Cultural impact
MUMU gave the trenches a coin for the market's oldest inside joke. The mumu character predates Solana meme culture entirely, and tokenizing him collapsed the distinction between posting about the market and betting on it: holding MUMU was a leveraged position on bullish sentiment itself. Its off cycle July 2024 peak is cited in the trenches as a reminder that rotation can favor latecomers, and the coin appears in retrospectives alongside PONKE and gigachad as part of the 2024 personality mascot canon. The bull also continued its meme life independent of the token, with mumu comics annotating every subsequent cycle, which gives the coin an unusual property: its mascot's culture outlived its chart.