A meme coin deployed on the Plasma stablecoin network peaked at a $60 million market capitalization on Sunday. It follows Plasma hitting “mainnet beta” last week, attracting $5.5 billion in total value locked, and its XPL token soaring to a $2.3 billion market cap. The Trillions token is based on a meme at the core of the Plasma thesis, with the project referencing it as early as December 2024. However, it wasn’t until February 2025 that the meme took off both internally and externally, a Plasma representative told Decrypt before the network hit mainnet.