Meme Coins Surge 20% to 1,000% in Week, Bitcoin Hits All-Time High

In the past week, the meme cryptocurrency segment experienced a significant surge, with several top performers standing out. Pudgy Penguins (PENGU), an NFT-linked meme coin, saw its capitalization exceed $1 billion, with a 40% price increase over the week. The coin's price reached $0.02214, marking a notable achievement in the meme coin market. MemeCore (M), a novel cryptocurrency and the native coin of a meme coin-centric L1 on EVM, recorded an impressive 1,000% increase in one week, pushing its price to $0.6823 and securing a spot in the top 100 cryptocurrencies. Pepe (PEPE), another popular community-centric meme crypto, saw a 26.5% weekly price increase, trading at $0.00001235. SPX6900, known as the biggest "Murad's meme coin," jumped to $1.55 following a 24% price increase in the last seven days. Bonk (BONK) also performed well, with a 22% price increase, reaching $0.00002203.

The rally in meme coins was not limited to these top performers. Dogecoin (DOGE) and Shiba Inu (SHIB), two of the largest meme cryptocurrencies, also had a strong week. Dogecoin added 20.8% to its price, hitting $0.1985, while Shiba Inu saw a 15% weekly rally, with its price reaching $0.00001322. This surge in meme coins has raised concerns among analysts. Santiment, a reputable cryptocurrency research firm, warned that the meme coin rally might indicate that the market is at the peak phase of the bull run. According to Santiment, meme coin surges often signal that speculative assets are leading the market, which can indicate peak greed. This sentiment is supported by the recent all-time high of Bitcoin, which reached over $118,600 on July 11, 2025. The firm advised investors to review their portfolio's risk exposure during such times, as it often indicates the end of a bullish phase.