Price Analysis View Non-AMP

Why Meme Coins Are Surging Today: FLOKI, BONK, and Pudgy Penguins in Focus

Published by
Vignesh S G and Qadir AK

In just the last 24 hours, meme coins have surged by 7.2%, led by standout performances from FLOKI, Bonk, and the unexpectedly booming Fartcoin. FLOKI alone has shot up by a massive 32.8%, while Bonk jumped 16.2%, and Fartcoin rallied 23.5%. 

Other notable gains include Dogecoin up 7.4%, Shiba Inu by 5.5%, and Pepe by 6%. This rally comes as the crypto market rides a wave of bullish sentiment, fueled by signs of an incoming altseason and renewed momentum behind the pro-crypto GENIUS Act in the U.S.

The current total market cap of meme coins stands at an impressive $79.87 billion, with a 24-hour trading volume of over $33 billion, according to CoinGecko. Apart from Pudgy Penguins and Pump.fun, all other top meme coins have seen notable green candles.

But what’s fueling this meme coin madness? Let’s break it down.

FLOKI, Bonk, and Fartcoin Dominate the Charts

FLOKI has taken center stage. With a 24-hour trading volume explosion of over 402%, the coin has managed a 42% rise over the past seven days, and its market cap now sits at $1.28 billion. This kind of sustained momentum, combined with community hype, is creating serious FOMO across social platforms.

Bonk, the Solana-based meme coin, is riding high too. It’s gained nearly 69% over the week, with 16.2% of that coming just in the last day. With its market cap nearing $3 billion and trading volume surpassing it, Bonk’s surge is closely tied to Solana’s increasing DeFi activity and broader bullish pressure.

Then comes Fartcoin—a name few took seriously until now. Posting an eye-popping 23.5% daily gain, it’s suddenly all over crypto Reddit and Telegram trading chats. While the fundamentals may be light, the market doesn’t care. The meme economy is running on vibes and volatility.

What Happened to Pudgy Penguins?

Interestingly, while most meme coins are climbing, Pudgy Penguins has pulled back by 8.4% in the last 24 hours. However, this dip comes after a jaw-dropping 217.3% gain in the last 30 days. Even with this recent correction, it remains one of the top-performing meme assets over the past month, beating out Bonk’s 161% and FLOKI’s 74.6%.

Bullish Macro Sentiment and the Altcoin Revival

The crypto market as a whole is heating up fast. Bitcoin recently touched $123K, gaining 6.8% over the past week. Ethereum surged by nearly 25%, while XRP exploded by 32.9%. Cardano, Solana, and Dogecoin also saw significant gains, with Cardano leading that pack with a 29.5% rise.

This isn’t just another temporary pump it looks and feels like the beginning of a real altseason. The Fear and Greed Index hovering around 70–74 shows growing investor confidence. Capital is moving away from Bitcoin dominance and pouring into altcoins and high-risk, high-reward meme tokens.

FAQs

Why are meme coins like FLOKI and Bonk pumping today?

Their surge is tied to a combination of bullish crypto market sentiment, the rise of altseason, and regulatory developments like the GENIUS Act. FLOKI and Bonk, in particular, have seen explosive volume spikes and strong community support.

Is this the start of altcoin season?

It certainly looks like it. Bitcoin dominance is slipping, and altcoins—including meme coins—are outperforming. The Fear and Greed Index is deep in “Greed” territory, and institutional interest is shifting toward alternatives like Ethereum and Solana.

Is Pudgy Penguins still a strong investment?

Despite its recent 8.4% dip, Pudgy Penguins has soared over 217% in the past month. It remains a top contender in the meme coin space, particularly if it holds community momentum.

Vignesh S G and Qadir AK

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

Recent Posts

XRP Price Analysis: Bearish Sentiment Emerges Amid Renewed Institutional Demand

Ripple Labs-backed XRP dropped as much as 6% on Friday during the mid North American…

August 30, 2025

Pepeto Presale Compared to Dogecoin: Which Meme Coin Will Lead the Next Bull Run

Which meme coin could deliver the biggest gains in 2025? As Bitcoin and Ethereum climb…

August 29, 2025

StreamDataX: Unlocking Data Ownership, Trust, and Value Through Decentralization

The global digital economy is projected to reach over $16 trillion and account for approximately…

August 29, 2025

Bitcoin Price Drops To 7-Week Low: How Low Could BTC Fall in the Current Pullback?

Bitcoin just fell under $109,000, its lowest level since July 9. This has raised fresh…

August 29, 2025

Crypto Market Crash: Bitcoin Slips Under $110K, XRP Down 5% Amid ‘Redtember’ Fears

The cryptocurrency market saw a sharp downturn in the past 24 hours, with total market…

August 29, 2025

Shiba Inu (SHIB) Alternative Below $0.0025 Predicted To Soar To $2.50 Before This Cycle Ends

Meme coins have always been more than internet jokes. As the next cycle unfolds, investors…

August 29, 2025