The memecoin category has shown some slight signs of bullishness, and according to data from CoinMarketCap, as of writing, the market capitalization was $57.35 billion with a surge of 7.84% intraday, and the volume reached $6.15 billion, adding 24.27%.
Source: CoinMarketCap
In the past 24 hours, primary memecoins that remained in the spotlight were Richie, UNI, and JOE, yet the most visited are GROK, TRUMP, SHIB, DOGE, and PEPE.
However, the memecoin that gained huge attention in the monthly frame is AXOL, which added 4.65k% to its prices, AIXCB prices surged over 867.21%, and VADER prices grew by 481%.
Is the memecoin market once again following a path of revival?
Since the beginning of this year till the second week of April 2025, the memecoin market has shown very less bullish signals, but since the last 2-3 weeks, a renewed interest of traders and investors has been noted in the memecoins.
Source: CoinMarketCap
The market cap is up by 35.84% in the past 30 days, and in terms of cap Dogecoin still stands at the top of the table followed by Shiba Inu, Pepe, Official Trump, Bonk, Fartcoin, Pudgy Penguins, Floki and Dogwifhat.
However, in terms of trading volume DOGE is the topper of the list followed by Official Trump, Pepe, Pudgy Penguins, Fartcoin, Popcat, Dogwifhat, Bonk, Shiba Inu and Turbo.
Experts argue that the memecoins on the Solana chain have once again shown a sign of reversal. The hype of SOL-based memecoin began to fade after the high-profile project that failed and resulted in severe losses.
In comparison to levels prior to the U.S. election, tokens with market values over $1 million are demonstrating structural strength and establishing higher lows.
Bullish market mood and Bitcoin’s approach to $100k are driving huge short-term gains for some memecoins, such as TURBO (up 191% in 14 days, NEIRO up 256% in seven days, BRETT up 120% in two weeks, and TRUMP up 60% in 7 days time frame.
Experts say, there may be a brief rebound in May 2025, followed by a longer rise in late 2025 or 2026 that is linked to larger cryptocurrency bull cycles.
The memecoin market is predicted to increase at a compound annual growth rate of 26.7% from $68.5 billion in 2024 to $925.2 billion by 2035, driven by cross-platform integration, celebrity endorsements, and enthusiasm from retail investors.
A quick dive into the prices of leading memecoins
According to data from CoinMarketCap, GOHOME (GOHOME) is one of the most pricey memecoin on the market, trading at $255.18, followed by Official Trump trading at $12.35, Fartcoin is exchanging hands at $1.11, Dogwifhat fell below $1.00, and is now at $0.6419.
Source: CoinMarketCap
However, memecoin like Dogecoin, Shiba Inu, Pepe, and Bonk are still trading below the $1.00 mark, but they are among the most popular in terms of volume, market capitalization, and authenticity.
