Bitcoin Rally Fuels Massive Surge In memecoins

While bitcoin sets a new record, an unexpected segment of the crypto universe is asserting itself again: memecoins. Once considered mere speculative curiosities, they now attract massive trading volumes and unprecedented media attention. Digital irony becomes the market’s driver, sometimes overshadowing so-called serious projects.

The frenzy leaders : PENGU, Dogecoin, and WIF steal the spotlight from Bitcoin

Bitcoin reached a new all-time high of $116,000 on Thursday. This record not only energized institutional investors, but also sparked a frenzy in one of the most unexpected segments of the crypto market: memecoins.

Some cryptos are showing double-digit gains and exploding trading volumes in proportions rarely seen since the previous speculative cycle.

Leading the movement, three tokens stand out for their performance and ability to capture market attention :

• PENGU, a Solana-based crypto linked to the Pudgy Penguins universe, surged +29 % in 24 hours, reaching $0.019 ;
• Dogwifhat (WIF), another product of the Solana ecosystem, recorded a +14 % increase, reaching $1.01 ;
• Dogecoin (DOGE), the veteran memecoin, climbed +7 % to $0.186, maintaining its position in the top 100 most traded assets.

These three cryptos alone generated over $4.5 billion in trading volume over the past 24 hours. A performance that far exceeds that of other market segments, including bitcoin itself.

These figures reflect a reality: in a context of high liquidity and bullish euphoria, memecoins have become a speculative barometer capable of amplifying underlying trends. Far from trivial, these movements demonstrate the community and algorithmic strength of the Solana ecosystem, now at the heart of this new wave.

Bonk, Fartcoin and the rise of the outsiders

Following the leaders, a cohort of secondary memecoins have also made a spectacular comeback. Among them, Bonk (BONK), also issued on Solana, saw its price rise by 13 % in 24 hours to reach $0.0000228.

Its increase is partly explained by the success of its Launchpad LetsBonk, which has surpassed Pump.fun in tokens launched per day. Fartcoin (FARTCOIN), another parody-tinged crypto, is not far behind with a gain of 12.5 % to $1.21.

As for Moo Deng (MOODENG), its 13 % jump comes on the occasion of the anniversary of the pygmy hippopotamus it is linked to, an event covered by the Thai zoo Khao Kheow Open Zoo.

These are cryptos which, although extremely volatile, benefit from a well-oiled mechanism: quirky storytelling, ultra-engaged communities, and social leverage through creation platforms like LetsBonk or Pump.fun.

This collective dynamic has contributed to an overall 10% increase in the memecoin sector over 24 hours. Also notable are the performances of marginal but active tokens like FWOG (+18 %), NEIRO (+12 %), PNUT (+22 %), and POPCAT (+16 %), illustrating the scale of the phenomenon beyond the main players.

However, this resurgence of popularity raises fundamental questions about the sustainability of these performances. As the article reminds us, these tokens are inherently more volatile and risky than other cryptos—a structural characteristic that drives their success… and their danger. While whales seem to be repositioning on bitcoin and some minting platforms are booming, the temptation of new all-time highs is taking hold among traders.