The Best Meme Coin to Buy in May 2025 Might Not Be the One You Were Expecting

Dogecoin's recent rebound has reignited the meme coin market, and investors are now scanning for the next breakout.

The meme coin market has been heating up, largely thanks to Dogecoin’s recent price action, and many investors are now looking for the next potential breakout.

While classics like Shiba Inu and Pepe continue to grab headlines, there are also newer tokens like Dawgz AI that are quietly accumulating interest.

If you’re looking to get in early, we’ll be focusing on five meme coins to watch after Dogecoin’s bullish run—no fluff, just real potential.

Best Meme Coin to Buy in May: Top Picks

With meme coins like Dogecoin showing signs of a comeback, many investors are now scanning for the next wave of potential meme coin flips.

Here are the best meme coins to buy in May while the momentum is still hot.

1. Dawgz AI – Meme Coin With Smart Tech

Dawgz AI is one of those projects that isn’t being spammed everywhere on Reddit yet, but it’s quietly building something serious.

It combines meme culture with AI-powered trading tools, offering a 10% token reward for stakers and a full audit from SolidProof.

With over $3.4 million already raised and a community that’s steadily growing, it’s starting to feel like the early days of Dogecoin—but with actual utility.

What Makes Dawgz AI Stand Out

Not just another dog-themed token, here’s what gives Dawgz AI real bite:

For a deeper look at $DAGZ, you can check the video below by ClayBro, where he explains why Dawgz AI could be one of the top meme coins to buy right now.

2. Pudgy Penguins (PENGU) – Meme Culture Royalty

Pudgy Penguins began as a viral NFT project before pivoting into a meme coin with token support.

Currently trading at $0.01107 with a $696.43M market cap and $213.61M in 24-hour volume (via CoinMarketCap), it’s clear the project still has community interest.

While the chart has been trending downward, the brand power of Pudgy Penguins, especially with its crossover into toys and mainstream culture, gives it long-term meme coin relevance.

What Makes Pudgy Penguins Stand Out

3. Dogwifhat (WIF) – Still One of the Top Meme Coins by Volume

Dogwifhat (WIF) might have the funniest name in crypto, but its numbers are no laughing matter.

At a price of $0.5899, a market cap of $589.27M, and a daily volume of $167.75M, WIF continues to be a dominant force in meme coin conversations (source: CoinMarketCap).

Though it has seen a slight dip in the last 24 hours, its consistent top-100 ranking and loyal community prove that Dogwifhat isn’t just a meme, it’s part of the conversation. As May unfolds, WIF still has room to bounce if market sentiment turns bullish again.

What Makes Dogwifhat Stand Out

4. ApeCoin (APE) – The OG NFT Meme Token

ApeCoin (APE), born from the Bored Ape Yacht Club ecosystem, continues to be one of the most recognizable meme-adjacent tokens in the crypto space.

Priced at $0.5128 with a market cap of $385.97M and $21.9M in daily volume (data from CoinMarketCap), it’s still seeing plenty of action despite current market dips.

APE’s price has been trending downward recently, but for long-time fans of NFT culture and branded tokens, it’s hard to ignore.

What Makes ApeCoin Stand Out

5. Freysa (FAI) – A Low-Cap Gem

Freysa (FAI) is a low-priced token that’s starting to turn heads, especially among early meme coin hunters. Trading at just $0.0155 with a total market cap of $127.2 million, this coin is still flying under the radar.

With a circulating supply of 8.18 billion FAI tokens and nearly 100K holders, the foundation is already in place (data from CoinMarketCap).

Though the chart shows some short-term pullback, the recent volume spikes suggest that something is brewing. If you’re looking for meme-style upside at a micro-cap level, FAI could be worth the watchlist.

What Makes Freysa Stand Out

What Makes a Meme Coin Worth Buying in 2025?

Anyone can launch a meme coin these days. But that doesn’t mean they’re all worth your time (or money). In 2025, it takes more than just a cute dog