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Cryptocurrency News Articles

Following the recent crypto resurgence, meme coins have emerged as one of the most explosive sectors in the market

May 22, 2025 at 10:28 pm

Following the recent crypto resurgence, meme coins have emerged as one of the most explosive sectors in the market, with a live market cap of $90.2 billion

Following the recent crypto resurgence, meme coins have emerged as one of the most explosive sectors in the market

Following a recent surge in the crypto market, meme coins have emerged as one of the most interesting sectors, with a combined market cap of $90.2 billion, marking an 8% increase in just 24 hours.

Among the notable gainers, dogwifhat (WIF) and SPX6900 (SPX) have soared 21% and 25% respectively.

As WIF continues its upward trajectory, here are three other meme tokens that investors are keeping a close eye on.

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Dogwifhat (WIF)

Launched in November 2023, dogwifhat (WIF) is a Solana-based meme coin that is known for its playful take on internet culture and community hype. Despite its lighthearted origins, WIF has shown serious strength.

The token has skyrocketed 168% over the last 30 days, with 21% of that growth coming in just the past 24 hours. This bullish momentum has led many traders to anticipate further highs.

One prominent analyst on X recently noted that if WIF maintains its current trajectory, it could breach the $1.3 resistance level, a threshold it previously failed to surpass in early May.

WIF has a current market cap of $1.1 billion, making it the 7th largest meme coin. However, long-term volatility remains a concern, as it is still down 59% year-over-year.

For short-term traders, WIF remains a coin to watch as it approaches key technical levels.

MIND of Pepe (MIND)

MIND of Pepe (MIND) is a new generation AI network token that combines two of crypto's hottest trends. Having already raised over $9.8 million in its ongoing presale, MIND of Pepe is quickly approaching its listing on exchanges.

What sets MIND of Pepe apart is its self-evolving AI agent, designed to provide strategic insights to its users. The AI agent utilizes a hive-mind analysis to collect and interpret data across social platforms, blockchain applications, and influencer sentiment, offering holders early access to emerging opportunities.

Through autonomous engagement, MIND of Pepe shapes crypto discourse, drives market trends, and offers token holders a real informational edge. The ecosystem also plans to enable token creation via its AI, where MIND of Pepe will generate exclusive new tokens for its holders based on market demand and trend prediction.

Adding to its appeal is its staking mechanism, currently offering a generous 230% APY (annual percentage yield), with 1.5 billion tokens already staked.

As Crypto YouTuber ClayBro points out, MIND of Pepe has entered the market just as AI agent tokens reach a combined $7.5 billion market cap, up 8.3% in a single day. With its powerful utility and strong presale traction, MIND of Pepe could be one of the standout meme coins of this cycle.

SPX6900 (SPX)

SPX6900 (SPX) is a satirical meme coin that playfully aims to “flip” the S&P 500, embodying a tongue-in-cheek response to traditional finance.

Over the last 12 months, SPX has delivered a staggering 9,800% return, meaning a $100 investment a year ago would now be worth $9,900. In just the last 24 hours, SPX has spiked another 25%, currently trading around $0.92.

With the $1 mark acting as a psychological resistance, a breakout above this level could lead SPX toward retesting its all-time high of $1.72. Despite its momentum, caution is warranted.

Analysts like Reformed Trader on X warn that SPX is forming a rising wedge, a bearish technical pattern that could signal a potential short-term correction. Nevertheless, the blend of viral appeal and aggressive growth keeps SPX on the radar for meme coin speculators.

Solaxy (SOLX)

While top gainers like WIF and SPX steal the spotlight, Solaxy (SOLX) is quietly making waves in the presale arena, having raised a massive $39.1 million to date. Solaxy aims to launch a Layer-2 scaling solution on the Solana blockchain, designed to tackle issues like network congestion, scalability limits, and failed transactions that frequently plague Solana.

By employing off-chain processing and transaction bundling, Solaxy reduces mainnet stress and improves transaction speed and reliability. These bundles are later settled on Solana's Layer 1, inheriting its security while increasing efficiency.

The project has already rolled out its testnet block explorer and bridge, signaling real developmental progress. Solaxy also offers a staking program with a

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