Market Sentiment Shows Signs of Recovery: Top-Performing Meme Coins to Watch

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As broader crypto markets remain in a consolidation phase, with Bitcoin charting its own course and traditional equities capturing investor attention, the long-awaited "alt season" has yet to fully materialize. However, a subtle shift is underway—driven not by fundamentals or institutional inflows, but by the ever-unpredictable force of community-driven momentum: meme coins are making a comeback.

With market sentiment gradually warming in 2025, meme tokens have emerged as early indicators of renewed speculative energy. From veteran favorites experiencing second winds to fresh launches gaining viral traction, the current landscape reflects a resurgence of on-chain enthusiasm. In this article, we explore some of the most notable performers across both Ethereum and Solana ecosystems—highlighting projects showing strong price action and community engagement.

👉 Discover how market cycles influence meme coin volatility and what it means for digital asset trends in 2025.

The Meme Coin Revival: Why Now?

Meme coins often act as canaries in the coal mine for broader market sentiment. Their low entry barriers, high volatility, and community-centric nature make them ideal vehicles for speculative surges during periods of rising risk appetite.

Recent weeks have seen increased trading volume and social chatter around several established and emerging meme tokens. This rally appears fueled by a mix of cultural resonance, platform-specific momentum (notably Bonk.fun and Moonshot Create), and renewed interest in NFT-linked narratives.

Core keywords shaping this trend include: meme coins, Solana ecosystem, Ethereum memecoins, Bonk.fun, Moonshot Create, community-driven tokens, crypto market sentiment, and viral token launches.

Veteran Meme Coins Reawakening

Despite being labeled as relics of past hype cycles, several long-standing meme coins are showing impressive resilience and renewed upward momentum.

$FARTCOIN (Fartcoin) — Solana

One of the original "absurdist" meme coins from 2023, $FARTCOIN has re-entered the spotlight with a strong rebound. Known for its irreverent branding and massive community following, it’s once again leading the charge among Solana-based meme projects.

Its resurgence signals lasting brand recognition and a loyal base ready to rally when sentiment improves.

$LAUNCHCOIN (Launch Coin on Believe) — Solana

Tied to the Believe platform, $LAUNCHCOIN has seen consistent price appreciation. As the native token of an ecosystem focused on community-powered launches, its growth may reflect broader optimism around decentralized project incubation.

While smaller in scale than other entries, its trajectory suggests growing confidence in Believe’s model.

$PENGU (Pudgy Penguins) — Solana

The rise of $PENGU has been closely tied to real-world visibility. On June 23, VanEck’s Nasdaq bell-ringing ceremony featured Pudgy Penguins—an NFT brand now expanding into physical toys and media. Speculation about a potential ETF linked to NFT-related assets further amplified interest.

This case exemplifies how off-chain brand development can drive on-chain value.

$MOG (Mog Coin) — Ethereum

Launched in 2023 on Ethereum, $MOG remains a cult favorite within niche online communities. Its mascot—a cartoon cat with deadpan expression—resonated deeply with members of the Milady community, creating cross-cultural synergy that persists today.

Despite not launching on Solana (where most new memes thrive), $MOG maintains strong organic engagement.

$SPX (SPX6900) — Ethereum

Another standout from the “MEME CULT” list popularized by influencer Murad, $SPX blends internet subculture with financial speculation. With a design aesthetic rooted in irony and digital rebellion, it continues to outperform many newer entrants.

It's nearing its all-time high, suggesting sustained buying pressure.

$BOOE (Book of Ethereum) — Ethereum

Initially piggybacking on the success of Solana’s $BOME, $BOOE recently surged due to viral conspiracy theories circulating online. While lacking clear utility, its narrative agility demonstrates how rumors alone can fuel short-term gains in the meme space.

Such movements underscore the speculative nature of these assets.

$APU (Apu Apustaja) — Ethereum

Part of the expansive Pepe meme universe, $APU differentiates itself through artistic depth and community storytelling. Also featured in Murad’s influential list, it benefits from overlap with dedicated NFT collectors.

Though less liquid than peers, it holds steady due to passionate supporters.

Fresh Faces: New Meme Launches Gaining Traction

While legacy names regain attention, innovation continues on new launchpads—particularly Bonk.fun and Moonshot Create.

$USELESS (USELESS COIN) — Bonk.fun

Launched in May on Bonk’s dedicated meme platform, $USELESS embraces absurdity head-on: a coin with no purpose, whose only function is to rise in value because people believe it will. This self-referential irony has proven highly effective.

Its success has revitalized interest in Bonk.fun as a viable alternative to Pump.fun.

👉 Learn how new token launch platforms are reshaping access to early-stage crypto opportunities.

$USDUC (Unstable Coin) — Bonk.fun

Inverting the concept of stablecoins, $USDUC markets itself as “unstable” by design—a satirical jab at financial systems chasing predictability. Its novelty has captured imaginations despite minimal utility.

A clever play on semantics that resonates in chaotic markets.

$IKUN — Bonk.fun

Inspired by Chinese pop star Cai Xukun (蔡徐坤), $IKUN leverages fandom culture and internet humor. Though controversial, its virality underscores how global internet culture fuels meme creation beyond Western-centric narratives.

Demonstrates cross-border meme dynamics at work.

Rising Stars on Moonshot Create

Moonshot’s official launchpad has quickly become a hotspot for new meme experiments.

$MONKEPHONE — Moonshot Create

Featuring a primate using a smartphone, this visual meme combines tech satire with primate-themed humor—a recurring theme in crypto culture.

As the first token launched via Moonshot Create, it carries early-mover advantage.

$RICH (Get Rich Quick) — Moonshot Create

True to its name, $RICH sells the dream of instant wealth—a classic meme narrative amplified by rapid price swings.

High-risk, high-reward appeal typical of trending memecoins.

$MOONCOIN — Moonshot Create

The first non-official community coin on the platform, $MOONCOIN competes for dominance alongside others like $RICH and $MONKEPHONE.

Highlights the competitive dynamics within single-platform ecosystems.

Frequently Asked Questions (FAQ)

Q: Are meme coins a good investment?
A: Meme coins are highly speculative and should not be considered traditional investments. They lack intrinsic value and are driven almost entirely by sentiment and liquidity. Only allocate funds you can afford to lose.

Q: What causes meme coin prices to rise suddenly?
A: Viral narratives, social media trends, influencer mentions, exchange listings, or even rumors can trigger sharp rallies. Community coordination often plays a key role in price movements.

Q: How do I evaluate a new meme coin?
A: Focus on contract transparency, liquidity locks, social activity, trading volume authenticity, and whether there’s genuine community engagement beyond bots and paid promoters.

Q: Is Solana dominating meme coin innovation?
A: Yes—low transaction fees and fast settlement make Solana ideal for rapid token launches and micro-trading, giving it an edge over higher-cost networks like Ethereum for meme experimentation.

Q: Can meme coins have long-term value?
A: A small number evolve into sustainable ecosystems (e.g., Dogecoin, Shiba Inu). Most fade quickly. Longevity depends on continuous community support and narrative evolution.

⚠️ Disclaimer: This article does not constitute financial advice. Meme coins are extremely volatile and carry significant risk. Conduct thorough research before engaging with any digital asset.

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