The $1 memecoin is a community-led crypto protest launched on Solana in 2024. It was revived in 2025 by a decentralized group of volunteers.
London, UK, July 29, 2025 (GLOBE NEWSWIRE) -- A decentralized crypto protest is gaining traction amid rising economic uncertainty. The $1 coin, abandoned in 2024, has officially been relaunched. 
The resurgence is linked to recent macroeconomic news as symbolic protest against today's challenges, such as inflation and fiat monetary policy. The team behind the $1 sees an overall erosion of trust in the economy, starting from central banks.
What began as a joke is now an on-chain movement. This initiative represents frustration with monetary debasement and gathers people who are not pleased with the current institutional opacity.
A Protest Coin for a Turning Point in Monetary History
The reawakening of $1 comes as a cascade of macroeconomic shocks and cultural flashpoints that challenge assumptions about fiat stability. This moment is defined by a convergence of forces:
- The U.S. dollar has fallen 11% year-to-date.
- Global de-dollarization is accelerating: BRICS nations are shifting to local currency trade, while the EU is exploring EUR-settled energy markets.
- The “One Big Beautiful Bill” (OBBB) legislation has passed, triggering renewed public debate over national debt and inflation risk.
- Elon Musk has dragged the fiat debate into the mainstream, using X as his battlefield:
- He reposted: “Tax cuts are worthless if the government keeps overspending. Inflation is the real tax.”
- When asked if the America Party would embrace Bitcoin, he replied, “Fiat is hopeless, so yes.”
Both posts from Elon went viral, galvanizing conservatives, Bitcoiners, and disillusioned voters alike.
Within this context, the $1 coin has resurfaced as a symbolic instrument. The project is a digital protest born from cultural frustration.
From Abandonment to Decentralized Continuity
After its original developer exited in late 2024, the memecoin was left without a roadmap, treasury, or active team. A decentralized group of supporters voluntarily assumed the website and social media channels, transforming the abandoned coin into an evolving anti-fiat campaign.
The name itself references the loss of purchasing power over the last century. In 1913, $1 held the value equivalent to $32.47 at the time of writing, which is the project’s target price today.
The memecoin reclaims that lost value symbolically as the “unprintable dollar.” The team's strategy is not based on promises of utility or price predictions, but on cultural alignment and the pursuit of financial sovereignty.
A Digital Echo of a Historic Signal
The phrase “Just buy $1 worth of this coin” is the official name of the project and echoes the famous 2011 appeal by early Bitcoin advocate Davinci Jeremie: ”Just buy $1 worth of Bitcoin.” That same ethos (individual action as quiet defiance) now fuels the $1 movement. The difference is that this message is now embedded in meme culture, open contribution, and collective resistance.
Supporters also fund the movement through the project's NFT collection. These digital collectibles serve not as speculative assets but as community badges. These are small, symbolic acts of support with the underlying message.
A Movement, Not a Product
The $1 project offers no central leadership, no development roadmap, and no technological utility. Its value lies in what it represents:
- A critique of unchecked monetary expansion
- A decentralized symbol of protest
- A tokenized community in an era of financial uncertainty
Participation is open, and contributions are voluntary. Messaging is coordinated publicly through social channels, with no presales or treasury allocations tied to the token itself.
The ultimate goal is cultural as much as financial. If and when the price surpasses one US dollar, the statement becomes undeniable: the unprintable dollar outperformed the one that was printed into irrelevance. That moment will serve as both validation and the centerpiece of the movement’s narrative.
About $1
The $1 memecoin is a community-led crypto protest launched on Solana in 2024. It was revived in 2025 by a decentralized group of volunteers. It operates without a central team, funding, or promised utility.
The token is intended to draw attention to long-term fiat debasement and the diminishing purchasing power of government currencies. The accompanying NFT collection helps fund outreach and operational efforts. $1 is not a financial instrument. It is a cultural response to macroeconomic disillusionment.
Anyone wishing to find out more about the $1 project and its long-term view can visit the official website. The social media pages below (X and Telegram) are another way to keep in touch with this team.
X (Twitter) | Telegram | Reddit
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
CONTACT: Steve L. info at 1dollarsol.com
