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Now that Bitcoin has reclaimed the $109,000 level and Ethereum has powered above $2,600 again, traders have begun rotating back into high-volatility meme tokens. In fact, the entire meme coin sector’s market capitalization has jumped by over 6% in just 24 hours, crossing the $62 billion mark.
Part of this momentum comes from renewed risk appetite as macroeconomic conditions improve. Bitcoin’s sustainable gains above the $100,000 threshold have restored confidence, and Ethereum’s steady climb has drawn capital inflows, sparking a broader market rally. In the meme coin world, established players like Dogecoin (DOGE) and Shiba Inu (SHIB) posted modest daily gains of around 5% each, but other projects like Mog Coin have skyrocketed with double-digit returns.
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Mog Coin Explodes 28% as Meme Momentum Returns
Mog Coin (MOG), a multi-chain meme token themed around the concept of “mogging” (dominating or overshadowing opponents), has surged by roughly 28% in the last 24 hours. That single-day jump places MOG among the top gainers in the meme coin category. While the token still trades at fractions of a cent, Mog Coin’s enormous circulating supply of 390 trillion tokens brings its market cap to approximately $420 million.
Meanwhile, daily trading volume has climbed above $45 million – more than triple the previous day’s market activity – indicating a renewed burst of investor enthusiasm.
MOG’s origin story dates back to July 2023, when it launched via a fair distribution on Uniswap. The token initially boomed during the meme coin market explosion in February last year, but eventually suffered a steep crash – losing over 90% from its December highs.
A cultural revival occurred in April and May this year, when high-profile tech figures – including Elon Musk and Garry Tan – picked up on the “mog/acc” meme: a mix of “mogging” and “accelerationism” (the ideology that pushing technology forward at a breakneck pace drives transformative changes).
MOG’s price surge this week appears to be part of a bullish pennant breakout – so if buying interest remains high, MOG could be setting up for more gains in the weeks ahead.
One popular figure praising MOG’s potential is the crypto analyst DefiRabbitHole, who recently highlighted the token’s vibrant community, deep on-chain liquidity (over $25 million), cross-chain availability (on Ethereum, Solana, Binance Chain, and Base), and strong cultural ties to the “mogging” meme. According to the analyst, MOG has historically responded to Ethereum’s price upswings with disproportionately higher gains – making it a leveraged play on ETH’s bullish trajectory.
– Joycat emoji – Low unit bias – First culture coin – "Mog" word is multifaceted – Over $25M+ on chain liquidity – Deepest concentration of… pic.twitter.com/DMcnq8liPX
— DefiRabbitHole 🐇 🕳 (@DefiRabbitHole) June 9, 2025
On a comparative basis, MOG’s current $420 million market cap (which fluctuates in line with price volatility) still trails other top meme coins like Pepe ($5.3 billion) and Dogecoin ($28.5 billion) by a wide margin. If MOG’s brand continues to resonate, there may be considerable room for further upside.
Best Meme Coins to Watch in 2025
Below are three of the best meme coins traders have been eyeing during this market rebound.
Snorter Token
Snorter Token (SNORT) is a brand-new arrival in the meme coin sector that goes beyond the well-established dog, cat, and frog themes. At its core, the project will offer a Solana trading bot (called Snorter Bot) that’s accessible through Telegram – enabling intuitive DeFi sniping and advanced trade execution features.
SNORT’s meme mascot is an aardvark character, adding a playful angle to a product that aims to solve real crypto trading pain points. The bot’s key features include MEV-resistant swaps, a honeypot and rugpull detection system, and even multi-chain compatibility.
That’s why eager investors are backing the Snorter Bot presale, which has raised $650,000 (despite launching just over a week ago) and shows no signs of slowing down.
Another major reason for Snorter Bot’s popularity with investors is its competitive fee structure. It charges only 0.85% per transaction for SNORT token holders, which is significantly lower than the fees charged by similar Solana-based trading bot platforms.
You can buy SNORT tokens for only $0.0947 each, though that price will increase as each presale stage sells out. Moreover, it’s worth noting that Snorter Token holders can currently stake their SNORT holdings for up to 487% APY.
Pepe
Pepe (PEPE) is widely regarded as the catalyst that reignited interest in meme coins throughout 2023 and 2024. Built around the iconic Pepe the Frog internet meme, PEPE soared to a $1.48 billion market cap within weeks of its launch, eventually cementing its place among the top meme coins by total valuation.
While PEPE’s hype overshadowed many new arrivals in 2024, the token later experienced steep corrections when early investors cashed out. Nonetheless, PEPE has maintained a floor of around $0.00000585 in recent months.
PEPE has also bounced around 21% off its most recent support (at nearly $0.0000105), and crypto whales have taken this move as an opportunity to accumulate more tokens. One investor purchased 154 billion PEPE tokens for 700 ETH just a few days back, coinciding with the rebound from the $0.0000105 mark.
Due to PEPE’s still-impressive liquidity (with trading volumes currently above $1.3 billion), it remains a go-to for large meme coin speculators and day traders. If the broad market rally holds, PEPE could see another wave of momentum – especially if it reclaims key resistance levels established during its last surge.
Dogwifhat
Dogwifhat (WIF) is emerging as a top underdog-turned-powerhouse among larger meme coins. Built on Solana, WIF’s brand is based around an adorable Shiba Inu in a knitted hat, setting it apart visually from other dog-themed tokens. Despite launching only in late 2023, WIF now has a market cap near $1 billion, surpassing older projects like Floki Inu to claim the 8th-largest meme coin spot.
What’s impressive is that WIF has already been listed for spot market trading on Binance, Bybit, Coinbase, and other top-tier exchanges, offering robust liquidity for new buyers. WIF perpetual futures contracts are also available on most major CEX platforms – including BitMEX, whose co-founder Arthur Hayes has given WIF a public shout-out on social media in the past.
WIF’s price soared from around $0.3 in April to over $1.30 during its latest rally, reflecting gains of up to 361% in just a couple of months.
However, WIF is still about 78% below its all-time high of $4.83, leaving a lot of room for potential upside if the Solana ecosystem keeps thriving. From a technical standpoint, WIF is holding above the $0.805 horizontal support and trades near its 20-day EMA, suggesting the rally could have legs as long as overall market conditions stay bullish.
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Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token.
His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.