Crypto Enthusiasts Hop on the Patrick Mahomes Meme Coin Bandwagon as It Catches the Super Bowl Highs

Samnur Reza | 10/02/2025
Kansas City Chiefs quarterback Patrick Mahomes (15) celebrates with the Vince Lombardi Trophy after defeating the San Francisco 49ers in overtime of Super Bowl LVIII at Allegiant Stadium.

The crypto market has gone bonkers lately. Especially after Donald Trump was elected the 47th President of the United States. The POTUS himself launched a coin—a crypto coin, that is—before his second inauguration. Now, the NFL world is getting its share, with Patrick Mahomes leading the pack and reaching new highs before Super Bowl Sunday.

As the Philadelphia Eagles and Kansas City Chiefs gear up for their showdown in New Orleans, reports suggest that a meme coin inspired by Mahomes—$PM—has surged by 225%, reaching a market cap of $150k. That’s insane, considering how many crypto enthusiasts would have needed to splurge their savings on a coin like this that isn’t officially associated with Patrick Mahomes.

In reality, Mahomes likely has no knowledge of this coin, and he probably never will. Before long, some investors will likely pump and dump their way to quick profits. That’s the typical cycle.

A meme coin, in this case, inspired by an athlete (or a celebrity), shouldn’t be celebrated. These should not be confused with cryptocurrencies like Bitcoin, which is more established. A meme coin is volatile, and its value rises only as long as the trend persists.

Bitcoin is backed by influential people, governments, and is regulated, but the same cannot be said about a meme coin. They surface quickly and vanish just as fast. We’re not claiming Bitcoin is entirely stable either, as it has seen some decline following Trump’s weekend tariff. That’s how the crypto market typically behaves. Still, rookie investors continue to flock to these meme coins, hoping to make a few big bucks.

Another meme coin making the rounds before Super Bowl LIX is tied to the Kansas City Chiefs, with the ticker $THREEPEAT. This coin has experienced exponential growth as well, and if you’re wondering where the ticker name comes from, it’s because the Chiefs are heading into Super Bowl LIX hoping for a three-peat—a feat no other NFL team has achieved.

If they do pull it off, this coin might see a spike, but it’s far from guaranteed. On top of that, there’s another meme coin inspired by Patrick Mahomes’ brother, Jackson Mahomes, which has reached a market cap of $114k. Crypto enthusiasts are speculating that the coin will go even higher, as Jackson will be attending the Super Bowl and watching the game in the same suite as Taylor Swift.

But just a heads-up: that’s all based on speculation.

Post Edited By: Samnur Reza
Patrick Mahomes

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Samnur Reza

Samnur Reza is an NFL editor for The SportsRush. He holds a degree in English Honors and joined The SportsRush editorial team in 2023. Having previously worked as a freelancer and several media outlets, Samnur has been religiously following the National Football League for the past six and a half years. Samnur first started following football after Tom Brady's cameo in Ted 2. It wasn’t long before he found himself grabbing a bucket of popcorn to enjoy football games. Samnur now diligently follows most NFL athletes, their family members, and the NCAA. He considers himself a diverse writer, having covered almost every corner of the football world. He does, however, have a special interest in athlete-centric stories. Whenever they engage in off-field ventures or charitable activities, Samnur enjoys reading and writing about them. Samnur had already authored over 1500 NFL-based articles before becoming an editor. His editorial journey began just a little over two years ago. Beyond football, Samnur is a true cinephile with an extensive repertoire of films. He’s also fond of cats and has a furry friend named ‘Eva.’ During his free time, Samnur enjoys playing video games, currently immersed in Elden Ring (New Game +6).

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