Leading memecoins, Dogecoin (DOGE) and Shiba Inu (SHIB), reasserted their market presence with double-digit returns during the weekend rally, but they are now losing ground to smaller and mid-cap memecoins that have outperformed them. PEPE, BONK, and unexpectedly strong performer PIPPIN have outperformed Dogecoin and Shiba Inu during this rally.
PEPE Reclaims Top Memecoin with 67% Gain
PEPE has reclaimed its position at the center of the meme market, surged 67% over the past week. According to CoinDesk, the coin's market capitalization has increased by over $1 billion (approximately KRW 1.4476 trillion) over the same period, reclaiming the third-largest meme coin market cap. Investors riding the market's rebound have flocked to the coin, driving its daily trading volume to over $1.2 billion (approximately KRW 1.7371 trillion), further fueling the surge.
After a long period of adjustment, PEPE seemed to be losing its position in the market, but this rebound has reaffirmed its presence and even raised the possibility of a mid- to long-term trend reversal.
BONK (BONK) rises 46% on the back of Solana's strength.
Another market leader alongside PEPE was Bonk. During the same period, Bonk rose more than 46%, surpassing $1 billion in market capitalization and reaching a daily trading volume of nearly $500 million (approximately 723.8 billion won).
In particular, the surge in Bongk is believed to be positively impacting the entire Solana (SOL) ecosystem. The Solana price rose approximately 8% over the past week, reaching $135 (approximately KRW 195,426), establishing a bullish trend. This, in turn, has led to a rebound trend across Solana-based meme coins.
Memecoins with strong integration with specific blockchains, such as BONK, are attracting market attention as they are likely to gain additional upward momentum depending on the supply and demand situation of the underlying chain.
PIPPIN: The dramatic return of an obscure meme coin
The most striking change was seen in PIPPIN. Launched in mid-2024, it was a little-known meme coin that was briefly delisted. However, it has been on a steep upward trajectory since its reactivation in 2025.
Over the past three months, PIPPIN's market capitalization has increased nearly 32-fold, from $20 million (approximately KRW 28.9 billion) to $650 million (approximately KRW 940.9 billion). Its upward momentum continued, rising 13% over the past week. Unlike JellyJellie, which experienced a sharp rise and then a sharp decline in the past, PIPPIN has shown better-than-expected support and currently maintains a market capitalization of over $500 million (approximately KRW 723.8 billion).
Some in the market are evaluating PIPPIN as the first successful case to break away from the "airdrop and disappear" pattern, and are expecting it to become a virtuous cycle model for small and medium-sized meme coins in the future.
Is the meme coin sector showing signs of generational change as the yield gap widens?
This rebound was driven by new and small-to-medium-cap coins, rather than large meme coins like Dogecoin or Shiba Inu. Coins with smaller market capitalizations are particularly likely to yield higher returns, attracting a surge of buying from investors with a higher risk tolerance.
Given the structural nature of memecoins, which experience repeated short-term surges, there's a possibility of a downturn. However, the "generational shift" trend is likely to continue for the foreseeable future. Within this trend, the successful reversal of sentiment by established coins like PEPE and BONK can be interpreted as another opportunity for market participants.
Article Summary by TokenPost.ai
๐ Market Interpretation
A generational shift is being detected within the meme coin sector, with small and medium-sized coins such as PEPE, BONK, and PIPPIN leading the market rebound instead of existing large meme coins.
๐ก Strategy Points
If you're aiming for high returns, rapid market observation of memcoins with market caps under $1 billion is essential, and the movement of underlying assets linked to blockchain technology is also a key consideration.
๐ Glossary
- Memecoin: A cryptocurrency inspired by internet memes, whose price fluctuates rapidly depending on trends in communities and social media.
- Market capitalization: This is the total issued coin quantity multiplied by the current price, indicating the market value of the coin.
- Trading volume: An indicator that measures the supply and demand situation based on the total quantity or total value traded over a certain period of time.
๐ก Want to know more? AI-prepared questions for you:
A. Both Dogecoin and Shiba Inu showed double-digit gains, but other coins such as PEPE, BONK, and PIPPIN showed higher gains, so their relative dominance was reduced.
A. Bonk is a meme coin built on the Solana blockchain, and its price is likely to rise as Solana's price rises. The strength of its infrastructure will also have a positive impact on the token.
A. PIPPIN, a previously neglected coin, was revived by community-led efforts, rising over 1,000% in three months. This is a prime example of community power driving up its price.
A. Just as prices rise rapidly, so too can their declines. It's important to comprehensively analyze factors such as transaction volume, community activity, and the strength of the underlying blockchain.
TP AI Precautions
This article was summarized using a TokenPost.ai-based language model. Key points in the text may be omitted or inaccurate.
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