Meme coins now boast over $70 billion in market cap, backed by strong communities and rising legitimacy.
DOGE and SHIB lead, while WIF and BONK gain ground via Solana and unique branding.
Fartcoin and SHIB are expanding into real utility with NFTs, DeFi, and education tools.
As of May 2025, the meme coin market continues to thrive, combining internet culture and speculative investment possibilities. The tokens, which are often based on viral memes and online communities, are being embraced by investors across the globe.
The total market capitalization for meme coins crossed over $70 billion in Q2 2025, with daily trading volumes averaging over $5 billion on leading exchanges such as Binance and KuCoin.
Here is a look at the top 7 meme coins by market capitalization, along with some details that make them unique and where they currently stand:
Price: $0.2451
Market Cap: $36.6 billion
24h Change: +0.80%
Initially launched in 2013 as a joke regarding the increasing cryptocurrency market, Dogecoin now serves as a legitimate digital asset. With a Shiba Inu for its mascot, a community of supporters, and having received endorsements from high-profile individuals, such as Elon Musk, the currency is well known and arguably a part of the history of cryptocurrency markets.
The recent approval of Dogecoin as a Grayscale Dogecoin Trust is an important indicator of either heightened institutional interest or plain old money-making.
Price: $0.00001553
Market Cap: $9.1 billion
24h Change: +1%
Known as the "Dogecoin killer", Shiba Inu has found its place in the cryptocurrency space by building an entire ecosystem of decentralized exchanges, NFTs, and a metaverse. With a community-driven approach and regular developments, it continues to gain traction as one of the more serious competitors in the meme coin sector.
Price: $0.00001563
Market Cap: $6.5 billion
24h Change: +6.55%
Taking inspiration from the classic internet meme, Pepe the Frog, PEPE coin has gained popularity after gaining traction since launching earlier this year. The coin's rapid growth could be due to its cultural relevance and the viral nature of its brand, and although it started purely as a joke, PEPE has been performing well in the market, showing how crypto can gain value from meme culture.
Price: $13.89
Market Cap: $2.77 billion
24h Change: -4.77%
Leveraging political excitement, the Official Trump coin is a well-known meme coin. Price increased after political rallies and endorsements, at the intersection of politics and digital currency. While the sustainability of the Official Trump coin long-term is unsure, the market cap at this point, demonstrates the power of political narratives in the crypto markets.
Price: $0.00002347
Market Cap: $1.86 billion
24h Change: +4.97%
Bonk is the first dog-themed meme coin on the Solana blockchain, Bonk has created some buzz around community initiatives and decentralized applications. It's unique status on the Solana blockchain and generous airdrops have given it tremendous traction through brand partnerships.
Price: $1.60
Market Cap: $1.60 billion
24h Change: +4.63%
Fartcoin (FART) began as a funny meme project aimed at parodying the meme coin culture but it quickly gained traction among crypto enthusiasts for its unfiltered humor and highly engaged online community. Despite its comedic branding, Fartcoin has built a surprisingly robust ecosystem, including community-driven staking pools, limited edition NFT drops, and regular airdrop campaigns tied to viral meme trends.
With a growing presence on decentralized exchanges and increasing mentions across crypto social media, FART is no longer just a joke it’s a meme movement.
Price: $1.26
Market Cap: $1.26 billion
24h Change: +8.65%
Emerging in late 2023, dogwifhat (WIF) is a Solana-based meme coin characterized by its distinctive branding, a Shiba Inu donning a knitted beanie. Its whimsical appeal and rapid community growth have propelled it into the upper echelons of meme coins.
Also Read: Dogecoin Leads Meme Coins Surge, Shiba Inu, PEPE, BONK Skyrocket
The meme coin landscape of 2025 demonstrates the intricacies of internet culture, online community engagement, and speculative investment. Although these tokens often start as a joke or satire, many coins have been developed into usable real-world projects that are now supported by full ecosystems. It is important to remain open-minded and positive about investing in meme coins.
Investors should approach meme coins with enthusiasm and caution, recognizing their potential for high returns and inherent volatility.
Also Read: Memecoin Frenzy: Market Cycle or Influencer-Driven Pump?