Elon Musk Just Triggered a New Meme Coin Frenzy

Elon Musk continues to be a dominant force in the crypto space, and his latest actions have seen Mog Coin soar after the billionaire changed his profile picture.

As Musk’s adoption of the “moc/acc” aesthetic and tech figures like Garry Tan continues to influence the industry, a meme coin frenzy has ensued, leading to a 40% spike in MOG.

While Musk never directly mentioned the coin, his history of meme coin influence speaks for itself. Here are four of the best meme coins that could be next in line to explode following Musk’s actions.

Hoppy (HOPPY)

You’ll likely have heard of Hoppy (HOPPY) if you’re familiar with the meme coin space.

Launched in March 2024, this Ethereum-based coin featuring a cartoon frog (cousin to Pepe) has built a cult following while mostly flying under the radar.

What makes HOPPY interesting? For one, its enormous supply of 420,690,000,000,000 screams that it doesn’t take itself too seriously. Plus, the developers burned the liquidity pool tokens and disappeared, making HOPPY truly community-owned.

HOPPY is up 19% in the past day, making it one of the top-performing meme coins right now. It has also seen a huge spike in spot trading volume since Elon Musk’s latest stunt.

So, if you’re seeking a meme coin that could follow MOG’s footsteps, Hoppy is one to keep an eye on.

MIND of Pepe (MIND)

Another frog coin that’s getting lots of attention is MIND of Pepe (MIND). With its presale wrapping up in less than 23 days and $8.8 million raised, this isn’t just another Pepe the Frog-style clone.

MIND is so exciting because it mixes meme culture with real utility. Dozens of crypto projects claim to use AI, but MIND of Pepe actually does – it features an AI agent that scans social media platforms like X and Telegram to spot new narratives before they blow up.

The “Hive Mind” system tracks everything from wallet movements to liquidity shifts, essentially giving MIND holders an idea of what might pump next. And unlike most meme coins, MIND has been audited by Coinsult and SolidProof, confirming its code is secure.

There are even staking rewards for MIND holders, estimated at 257% per year. This mix of AI tech, staking yields, and capital gains potential has led the experts at 99Bitcoins to predict MIND could be “the next Fartcoin.”

With the first version of the AI agent launching in just two days, MIND of Pepe could be one of the best meme coins to capitalize on the current momentum.

Dogecoin (DOGE)

Sometimes the obvious play is the right one. Dogecoin (DOGE) might be the OG meme coin, but whenever Elon Musk starts his antics, DOGE tends to benefit more than most.

History repeats itself here with reliability. Every time Musk tweets something cryptic, changes his profile pic, or hints at an X payment integration, DOGE spikes. And with his recent dive into the “mog/acc” aesthetic, there’s a good chance the “Dogefather” could mention Dogecoin next.

Currently, DOGE is trading at $0.18, up 5% in the past 24 hours. Spot trading volumes have also hit $1 billion since yesterday. Although it might not have the same return potential as the other coins on our list, DOGE remains a top pick whenever Elon goes on a tweeting spree.

Boop (BOOP)

Last but not least is Boop (BOOP), one of the hottest meme coins this week. This Solana-based token is the backbone of Boop.fun – another meme coin “factory” for creating tokens easily.

Essentially, BOOP has positioned itself as the platform for creating the next viral sensation. It might not have the same brand recognition as pump.fun, but it’s gaining traction fast among the Solana crowd.

The platform’s “cult graduation' system is clever, turning meme creation into a game with real rewards. Despite some wild price swings since launch, BOOP now has a market cap of $75 million, and its integration with Solana’s ecosystem makes it one of the best meme coins to buy this week.