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Home CRYPTO

Meme Coins Wake Up: BONK, PENGU, WIF Lead the Charge as Market Heats Up

Gary Ponce by Gary Ponce
April 12, 2025
in CRYPTO, DOGECOIN, FINANCE, MEMECOINS, OPINION
Reading Time: 3 mins read
Meme Coins Wake Up: BONK, PENGU, WIF Lead the Charge as Market Heats Up
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  • BONK Leads Meme Coin Rally: Bonk surged nearly 13%, pushing its market cap past $970 million and becoming the second fastest-growing crypto in the top 100, right behind XDC.
  • Mainstream Meme Coins See Gains: Dogecoin (DOGE) rose 3.3%, Shiba Inu (SHIB) gained 2.8%, and PEPE jumped 3.7%, signaling a broader rebound in meme coin sentiment.
  • Smaller Meme Coins Join the Party: PENGU and Dogwifhat (WIF) climbed 12–13%, while others like PI, SEI, and FLR posted 8–12% gains; meanwhile, TON, HBAR, EOS, and ATOM slipped into the red.

It’s been a rough patch lately for meme coins, but the tides are shifting — fast. In the past 24 hours, the meme coin gang is showing serious signs of life, with several posting solid double-digit gains. From the OGs like DOGE and SHIB to the newcomers BONK and PENGU, green candles are lighting up the charts again.

Meme Coin Mayhem: BONK Eyes $1B Cap (Again)

Let’s start with BONK — yeah, that Solana-based community-driven rocket ship. BONK just shot up by nearly 13% in a single day, putting it back on the edge of a billion-dollar market cap. It hit $0.00001252, and now it’s knocking on the door with a valuation north of $970 million. That makes it the second fastest-growing crypto in the top 100, only trailing XDC from the XinFin Network, which edged out a 13.1% gain.

Top memecoin project

DOGE, SHIB, PEPE Also Riding the Wave

It’s not just BONK having fun. Dogecoin (DOGE) popped up 3.3%, now trading around $0.1623. Meanwhile, Shiba Inu (SHIB) inched up 2.8% to $0.00001227. And Pepe (PEPE)? It’s back in the top 40, climbing 3.7% to $0.000007081. Yep, frogs are hopping again.

Solana’s meme coin ecosystem, plus a few AI-themed ones, seem to be stealing the spotlight too — seeing 14% to 16% gains on average.

Newcomers Climb: PENGU & WIF See Big Gains

While the big names are cruising, smaller players are making louder moves. Pengu (PENGU) and Dogwifhat (WIF)soared 12–13%, making them some of the day’s most impressive runners.

Meanwhile, others like Pi Network (PI), Sei (SEI), and Flare (FLR) also enjoyed 8–12% increases.

But not everyone’s winning — Toncoin (TON) actually slipped 1.1%, even though the broader crypto market cap is growing. And Hedera (HBAR), Eos (EOS), Story (IP), and Cosmos (ATOM) also closed in the red.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BonkDogecoinDogwifhatPenguPEPEShiba Inutoncoin
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Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, AVAX, and select meme tokens, combining personal trading knowledge with professional editorial standards.

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