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

by Drop Gorn
April 12, 2025
in CRYPTO, DOGECOIN, FINANCE, MEMECOINS, OPINION
Reading Time: 3 mins read
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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.

Tags: BonkDogecoinDogwifhatPenguPEPEShiba Inutoncoin
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