As of May 2025, the top five meme coins by market capitalization are:

1. Dogecoin ($DOGE )

Market Cap: Approximately $25.87 billion

Price: $0.1734

Overview: Launched in 2013 as a playful take on the "Doge" meme, Dogecoin has grown into a widely recognized cryptocurrency. It operates on a proof-of-work consensus mechanism and has been used for online tipping and microtransactions.

2. Shiba Inu ($SHIB )

Market Cap: Approximately $7.62 billion

Price: $0.00001295

Overview: Introduced in 2020 as an Ethereum-based alternative to Dogecoin, Shiba Inu has developed a decentralized ecosystem, including projects like ShibaSwap and Shibarium. It utilizes a proof-of-stake consensus algorithm.

3. Pepe Coin (PEPE)

Market Cap: Approximately $3.50 billion

Price: $0.000008326

Overview: Inspired by the "Pepe the Frog" meme, Pepe Coin has gained popularity since its inception, with a significant portion of its tokens locked in liquidity pools.

4. Bonk (BONK)

Market Cap: Approximately $1.36 billion

Price: $0.00001728

Overview: Bonk is the first dog-themed token on the Solana blockchain, launched in December 2022. It aims to bring liquidity to Solana-based decentralized exchanges and has garnered interest from the crypto community.

5. Floki ($FLOKI )

Market Cap: Approximately $741.91 million

Price: $0.00007702

Overview: Named after Elon Musk's Shiba Inu dog, Floki Inu positions itself as a movement rather than just a meme coin. Its ecosystem includes the Valhalla metaverse game and FlokiFi, a decentralized exchange facilitating various DeFi activities.