The meme coin market is surging, led by Moo Deng (MOODENG), the viral pygmy hippo-inspired token. Meme coins such as Shiba Inu (SHIB), MOG, and Pepe are also on the rise, with Moo Deng skyrocketing 597% in the past week. DOGE is up 8%, while SHIB has spiked by 21%.
Solana’s Pump.fun is regaining traction, launching thousands of new meme tokens. Moo Deng, now the largest meme token by market cap on Pump.fun, saw a trader turn $800 into $3.5 million within days.
Key winners:
- Moo Deng: +34% today, +597% over the week
- Iggy Azalea's MOTHER: +13% today, +121% over the week
- Maga (TRUMP): +36%
- Apu Apustaja (APU): +18%
Meme coins are proving their dominance in the crypto world, driven by viral appeal and innovative platforms like Pump.fun.