Memecoin Mania Fuels Crypto Market’s Explosive Rally in 2025
Dogcoins and frog tokens are dragging the entire crypto complex into the stratosphere—again.
The meme effect
What started as a joke now moves markets. Memecoins—those absurd, hyper-speculative assets with zero utility—are outperforming Bitcoin and Ethereum by ludicrous margins this cycle. Retail traders are piling in, chasing the next 100x while Wall Street scrambles to justify valuations.
Liquidity tsunami
Exchange volumes hit $200B daily as degenerates rotate profits from blue-chips into Shiba Inu derivatives and Solana-based meme tokens. Even traditional finance sharks are dipping toes in—though they’ll never admit it at cocktail parties.
The cynical take
Meanwhile, VC-backed ‘serious’ projects with actual revenue models languish. Because why build infrastructure when you can mint a coin with a dog logo and retire by Thursday?
This isn’t a bubble—it’s a cultural reset. And it’s eating traditional finance alive.

Memecoin Resurgence Fuels Market Dynamics
As the total value of the cryptocurrency market ascended to 3.37 trillion dollars, the momentum of memecoins catalyzed a wider market upswing. Technical indicators reveal that a breakthrough above the 20-day moving average in the memecoin market chart is gaining traction. Additionally, the contraction in Bollinger Bands signifies a new wave of volatility. At the core of this shift are Dogecoin$0.171891 and Shiba Inu, possessing brand power capable of mobilizing large communities.
A significant factor spurring investors’ interest was billionaire Elon Musk’s pro-crypto political endorsement earlier this week. This announcement spurred purchases of DOGE, elevating its price by 6.3% and doubling its trading volume. Concurrently, the burning of 116 million shiba inu tokens reduced supply, pushing the price up by 3.43%. Buoyed by this momentum, investors have rapidly turned to other memecoins in search of short-term gains.
As appetite for risk rises, the total trading volume in the cryptocurrency market has surged by 38% to 193 billion dollars. This suggests that the influx of capital into memecoins might ripple across the broader market. Bitcoin remains stable above 100,000 dollars, yet the number of investors eyeing profits in secondary coins continues to grow.
From Pepe to Floki: Drivers Behind Memecoin Price Hikes
Pepe has appreciated by 5.25%, attributed to whales adding 5% to their portfolios over the past month and withdrawing 247 trillion coins from exchanges. Similarly, FLOKI saw a 14.23% spike following the activation of the Valhalla mainnet on June 30th, redirecting medium-scale memecoin capital flows in its favor. Both altcoins have demonstrated how community-centric news can directly influence their value.
Bonk, built on Solana$152, increased by 6.37% driven by Bonk.fun surpassing Pump.fun in trading volume and the announcement of a 50 million dollar grant program. The commencement of NFT staking has locked supply, bolstering demand. Analysts indicate that the concurrent rise in trading volume supports the price, suggesting that surpassing the band contraction with a breakout could lead to new peaks.