#MemecoinSentiment The overall memecoin market saw a 16% surge in just one day, bringing total market cap to around $73 billion, fueled by whale buying and reduced exchange outflows .
Solana-based tokens like BONK have surged (~8% in a day), nearing 1 million holders and triggering supply-burning incentives, boosting bullish sentiment .
2. Top Contenders & Trends
Dogecoin (DOGE): Resilient due to strong brand and Elon Musk endorsement. Currently ~$0.20 with minor intraday dips.
Shiba Inu (SHIB): Trading near $0.000013; growth supported by ecosystem upgrades like ShibaSwap and Layer 2 development .
Pepe (PEPE): Market cap ~$4 billion; sees continued hype, steep volume and sentiment fluctuations .
BONK: Pioneering memecoin on Solana—strong volume, holder growth, and potential ETF inclusion are fueling gains .
SPX6900: Emerging as a memecoin “benchmark” or health indicator—reaching near ATH, attracting strategic accumulations .
3. New Movers
FLOKI: Technical charts suggest bullish setups (e.g., falling wedge) with possible +300% breakout if confirmed .
Pudgy Penguins (PENGU): NFT-linked token rebounding strongly (~4× since April) with upside toward $0.042