• Up to 35% gains were recorded across the top three trending meme tokens, driven by short-term sentiment rather than utility.

  • Pump.fun, IKA, and PENGU lead meme coin charts, reflecting rising interest in high-risk, community-driven assets.

  • Despite no major updates, strong social media presence, and wallet activity, fuel temporary momentum in low-cap meme coins.

A new wave of activity is building among meme coin markets, and three of the tokens—Pump. fun (PUMP), Ika (IKA), and Pudgy Penguins (PENGU)—are proving to be recent pace-setters when it comes to trading momentum. 

On the past 24 hours, these meme-based coins have posted an increase of as much as 35%, drawing more retail traders and short-term momentum seekers. As little as they might lack profound foundational use, the tokens continue to display repeated recurring interest, largely due to a combination of online interest and trend-led speculation. The trend reflects a new thirst for high-volatility, low-market-cap assets within the larger digital asset space.

Pump.fun (PUMP) Leads With Remarkable Momentum and Elevated Trading Volumes

Pump.fun (PUMP) recorded the largest percentage gain among the three, jumping by nearly 35% within a single trading session. The surge was driven primarily by aggressive buying behavior across decentralized exchanges, without any associated technical upgrade or roadmap disclosure. 

Analysts observed that buy-side pressure vastly exceeded recent averages, indicating speculative accumulation rather than fundamental traction. PUMP also ranked among the most mentioned assets on meme-tracking platforms, pointing to an online-driven rally. Despite the spike, the token remains highly volatile and sensitive to shifts in retail sentiment.

Ika (IKA) Shows Consistent Breakout Pattern With Unparalleled Social Chatter

Ika (IKA) maintained a steady uptrend over recent days, posting gains close to 25% as social volume and discussion frequency increased. Market participants attributed the movement to a W-shaped breakout formation visible on multiple technical charts. 

While IKA has not introduced any new features, it remains an active component of meme coin watchlists due to its visual appeal and timing within broader meme cycles. The breakout was accompanied by growing wallet activity, indicating rising participation, although on-chain data suggests that much of the liquidity remains short-term and speculative. IKA’s community-driven nature was identified as a core factor in sustaining its momentum.

Pudgy Penguins (PENGU) Taps Into NFT-Meme Crossover Appeal

Pudgy Penguins (PENGU), known for its connection to the NFT sector, experienced a modest but notable 18% rise. Analysts labeled the rally as “culturally driven,” as the token benefited from its dual presence in both NFT and meme discussions. 

Although PENGU did not release any project-specific news, its alignment with recognizable digital imagery and the recent meme token revival allowed it to gain traction. Wallet address growth was recorded, suggesting a widening holder base, though experts cautioned that no protocol upgrades or new liquidity inflows had been announced. The asset continues to be tracked closely as a cross-sector meme candidate.