News View Non-AMP

Top 2 Memecoins Surging Right Now After ASTEROID’s Historic 68,000% Weekly Rally

Published by
Anjali Belgaumkar

ASTEROID’s extraordinary run changed the conversation. A token that sat at a $50,000 market cap before Elon Musk replied to a girl’s SpaceX mascot request briefly touched a $20 million market cap within hours and posted a 68,428% weekly gain according to CoinGecko data before pulling back roughly 40%.

The question traders are now asking is if ASTEROID can do that, what moves next? Two tokens are being mentioned with increasing frequency in memecoin communities: Amaterasu Omikami (OMIKAMI) and RyuJin (RYU).

The Case for OMIKAMI and RyuJin

One expert who has covered OMIKAMI over three years pointed to the ASTEROID move as evidence that the memecoin supercycle has further to run. His conviction is rooted in the longevity of both projects rather than short-term momentum.

Both tokens have been active for nearly two years with what the analyst describes as organic community growth rather than manufactured hype. The ecosystem is allegedly connected to Ryoshi, the pseudonymous figure behind Shiba Inu, though that attribution remains unverified and disputed within parts of the community.

OMIKAMI currently trades at approximately $0.007112 with a market cap of $6.73 million. RyuJin sits at $0.000000002961 with a $2.85 million market cap. Both the tokens are up by more than 13%. 

The ASTEROID Parallel

The analyst drew a direct comparison between OMIKAMI’s current position and where ASTEROID sat before its viral moment. Both had a story. Both had a community. ASTEROID had a single external catalyst that lit the fuse.

The structural difference is the nature of that catalyst. ASTEROID moved because of a verifiable two-word reply from one of the world’s most followed public figures. OMIKAMI’s anticipated catalyst is expected to come from within the ecosystem itself, potentially a new communication from Ryoshi or a product announcement tied to a planned blockchain and debit card infrastructure the project has been developing.

The Broader Macro Setup

The analyst also said that the broader market context is constructive for memecoin activity. Bitcoin is retesting a breakout level on the four-hour chart and Ethereum is approaching key resistance. Both are approaching moves that have historically preceded altcoin and memecoin cycles.

The CLARITY Act, a potential new Fed chair and stablecoin yield legislation are all cited as macro catalysts that could inject significant fresh liquidity into crypto broadly.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Is NEAR Protocol’s 60% Rally Just Getting Started?

Another week, another altcoin claiming it's "different this time." But here's the thing about NEAR…

May 23, 2026

BEAT Price Explodes 170% As Audiera Retail Frenzy Builds

BEAT price just went vertical. Again. The token surged from roughly $0.54 to $1.44 in…

May 23, 2026

Is BSB Price Preparing For A Push Toward $2?

BSB price isn’t just pumping anymore but it’s steamrolling through derivatives markets while traders scramble…

May 23, 2026

XRP Price Pullback Deepens as Whale Activity Weakens: Can This Key Level Hold?

XRP price is starting to flash signs of hesitation at a level traders have been…

May 23, 2026

While Bitcoin Drops Below $75,000, Is Ethereum Price Heading Below $2,000?

Ethereum is facing growing bearish pressure as both technical indicators and derivatives data begin signaling…

May 23, 2026

Zcash & Hyperliquid Defy Crypto Market Weakness—Are Bulls Preparing for a Bigger Recovery?

While the broader crypto market, including Bitcoin & Ethereum, remains under pressure, a few altcoins…

May 23, 2026