#Memecoin analysis in detail:

The leading meme token in the new wave is undoubtedly #Pepe .

Pepe was the first to break out independently, and since its dip in April, it has rebounded by over 430%. Once the leader Pepe starts its independent rally, it's bound to drive up the prices of its counterparts. Currently, closely following are People, Bonk, and Floki, with the next tier comprising newer tokens like Bome and Not.

$PEOPLE is one of the best-performing older coins in May, but its market cap is quite small. Riding the hype train, it has surged by over 550%.

$BONK gained fame as one of the earliest meme tokens in the #Solana ecosystem listed on Binance. From its April adjustment till now, it has rebounded by over 260%.

Floki, a token that closely followed Pepe earlier this year, has seen its highest rebound exceed 180%.

$BOME , the fastest meme token in the Solana ecosystem to be listed on Binance, has rebounded by over 110%.

Not, the first meme token of a small game launched on the Ronin chain, has performed exceptionally well as a new coin, with its highest rebound in the past four days reaching 110%.

In terms of market cap (without decimal points), Pepe is currently at $6.6 billion, Floki at $2.8 billion, Bonk at $2.4 billion, People at only $400 million, Bome at $1 billion, and Not at $900 million.

Considering the current market situation, the most dominant tokens are People, Floki, Bonk, and Bome.