Unveiling the Hilarious Side of Crypto: Memes and Tokens
Introduction
A memecoin, as the name suggests, is a coin built on the back of a meme and a running joke. While the idea behind these crypto projects might have been a joke, at the same time – the current status of these coins is no joke. Memecoins tend to have some of the strongest community backing out of the entire crypto industry. In most cases, these are crypto projects that are run primarily by the community’s decisions, more than most other projects in the crypto world.
This is one of the reasons top memecoins 2025 have gained in popularity, thanks to the greater perceived decentralization of the token. While the decentralization of these coins is debatable, the fact that they have huge community support and participation is undeniable. Thus, in this article, as November comes to an end, we will look at some of the top memecoins in January 2025 by market capitalization that you need to keep an eye out for.
Top Memecoins by Market Cap [2025]
Dogecoin (DOGE)
First on the list of top memecoins 2025 is Dogecoin is the OG of all memecoins in the crypto market. Created by Jackson Palmer, a product manager at Adobe Inc., and Billy Marcus, a software developer at IBM – created this crypto token, pretty much as a joke, which is further exemplified by the logo of a dog, specifically a Japanese Shiba Inu breed of dog as its mascot. That’s how the project got the name, Dogecoin – and from there its history.
Dogecoin is a true peer-to-peer, open-source crypto asset. It was launched back in December 2013 and its underlying code and technology derived inspiration from Litecoin, another crypto asset. Dogecoin saw a massive rally back in the bull run of 2017 amid the ICO boom – but soon after, during the crash of 2018, DOGE lost most of its value. However, despite its image as a joke and having lost a chunk of its value, Dogecoin still has a very strong community, led primarily by none other than the Chief Twit, Elon Musk. Musk has been a proponent of Dogecoin thanks to its utility as a blockchain-based payment mechanism and extremely low fee structure, making it very useful in that space.
Current Price $0.31
Market Cap $47.2 billion
Circulating Supply 147.33 billion DOGE
Max Supply NA
Vol (24H) $3.36 billion
Change (YTD) +258%
Founder Billy Markus and Jackson Palmer
Shiba Inu (SHIB)
Shiba Inu is next on the list of top memecoins 2025 by market cap. After Dogecoin, this is probably the industry’s most recognized meme-inspired crypto asset. From a technical point of view, while Dogecoin is a standalone blockchain, Shiba Inu is an Ethereum-based altcoin, which also happens to feature a Shiba Inu as its mascot.
Shiba Inu is widely regarded within its community as a “Dogecoin killer”, and was built by an anonymous individual or group known as Ryoshi as recently as August 2020.
Shiba Inu has had a tough year in 2022 but has recovered moderately since the beginning of 2023, in a crypto market rally led by the heavyweights like Bitcoin and Ethereum. Shiba Inu’s community, however, has been strong as ever and it has continuously been engaged in support of the token, thanks to which the ecosystem is beginning to see newer and newer projects being built on it. Shiba Inu has its own metaverse, where players can interact in a decentralized way, earn rewards and enjoy.
Current Price $0.000022
Market Cap $13.13 billion
Circulating Supply 589.25 trillion SHIB
Max Supply NA
Vol (24H) $594 million
Change (YTD) +115.5%
Founder Ryoshi (anonymous)
Pepe (PEPE)
One of the most recent entrants into the list of top memecoins 2025 is the Ethereum-based memecoin PEPE has to be one of the fastest-growing crypto assets since its launch. Despite the market humdrum, PEPE has delivered mind-boggling numbers in terms of growth in the token. PEPE is based on the very popular internet meme of a green cartoon frog, which has become a symbol of internet culture and humor. It was launched with the promise that the time of the dog-based memecoins was over and the frog was about to take over.
According to their official website, the PEPE memecoin has been designed to be the “most memorable memecoin in existence.” The website also mentions that by design, PEPE has no intrinsic value:
“PEPE is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. The coin is completely useless and for entertainment purposes only.”
It’s worth noting that this is nothing new in the world of crypto. Multiple memecoins have existed in the past, making no claims and outright alarming users that they have no value whatsoever. In the very brief time it has been trading in the market, it has shown a very rapid rally of over 400% since its launch, has managed to maintain that level, and is currently ranked 111 on CoinGecko. It had even managed to breach into the top 100 for a brief while before retreating back.
Current Price $0.000018
Market Cap $7.68 billion
Circulating Supply 420.69 trillion PEPE
Max Supply 420.69 trillion PEPE
Vol (24H) $1.78 billion
Change (YTD) +1309%
Founder Unknown
Dogwifhat (WIF)
Up next on the list of top memecoins 2025 is Dogwifhat (WIF) has emerged as a significant player in the memecoin market, positioning itself as a top contender among the meme coin heavyweights. In 2024, WIF has swiftly climbed the ranks to become the third-largest meme coin by market capitalization, surpassing Pepe. This Solana-based meme coin made a remarkable debut in 2023, experiencing a substantial surge from a low of $0.2 to a high of $2.09, showcasing an impressive growth trajectory.
The success of Dogwifhat can be attributed to its strong community support, strategic listing on major exchanges like Binance, and the robust Solana ecosystem it operates within. Analysts have noted that the significant surge in WIF’s price is not merely a result of hype but also due to sustained interest from whales and the overall strength of the Solana network. With projections indicating a potential price target of $5 by the end of 2024, Dogwifhat stands out as a meme coin project to watch closely for further developments and price movements.
Current Price $1.98
Market Cap $1.98 billion
Circulating Supply 998,845,666 WIF
Max Supply NA
Vol (24H) $402 million
Change (YTD) +1200%
Founder Unknown
Bonk (BONK)
Bonk (BONK) has swiftly emerged as a noteworthy token in the list of top memecoins 2025. Characterized by its vibrant community and unique approach, Bonk has garnered attention due to its distinctive meme-inspired branding and active social presence. With its unmistakable logo and engaging community-driven initiatives, Bonk has cultivated a dedicated following.
The coin’s rising market cap positions it among the top memecoins 2025 by market capitalization, showcasing its growing popularity among crypto enthusiasts. Backed by an active community, Bonk fosters engagement through memes, playful narratives, and social media interactions, contributing to its allure as a notable memecoin.
Investors and enthusiasts looking for the next big memecoin often consider Bonk due to its vibrant community engagement, growing market cap, and the potential for further expansion in 2024 and beyond. As the memecoin landscape evolves, Bonk remains on the radar as an intriguing player in this niche market segment.
Current Price $0.00003
Market Cap $2.4 billion
Circulating Supply 75.8 trillion BONK
Max Supply 100 trillion BONK
Vol (24H) $281 million
Change (YTD) +137.6%
Founder Dexlab, Founders anonymous
Floki Inu (FLOKI)
Well, as it turns out – almost every major meme crypto has some link back to either Dogecoin or the Dogefather, Elon Musk. This time around the next member in the list of top memecoins 2025 is Floki Inu that was named after Elon Musk’s very own Shiba Inu puppy, and its popularity as a crypto project has skyrocketed. While, it is built on the idea of a joke and a meme, it attempts to wholly own that meme status to bring out utility in various forms to stand out from the thousands of other memecoins flooding the market.
Floki is a crypto project that was initially started as a meme but was soon fully transitioned into a living breathing Web3 project, spanning across sectors like decentralized finance (DeFi), non-fungible tokens (NFTs), and more recently, its own metaverse. Some from the community even like to call Floki, “The People’s Crypto”.
FLOKI, the native crypto token associated with this project is a multi-chain token that operates both on Ethereum and BNB Chain as it is built to be both ERC-20 and BEP-20 compliant. Thus, FLOKI tokens can be bridged between these two chains very easily allowing holders to be able to do more with their tokens, bringing about an extra level of interoperability. It’s metaverse, Valhalla has been gaining a lot of momentum recently, too!
Current Price $0.00017
Market Cap $1.69 billion
Circulating Supply 9.59 trillion FLOKI
Max Supply NA
Vol (24H) $261 million
Change (YTD) +378%
Founder B PetaByte Capital, Sabre and Mr Brown Whale (Anonymous)
Conclusion
To conclude, this article compiles a list of some of the most well-known and well regarding projects in the crypto industry that belong to the very exciting world of memecoins and community fervor. While there is a lot of skepticism around these projects in the market, as mentioned earlier – the amount of community support these kinds of projects get is simply unparalleled.
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