- Solana meme coins are surging, with MOODENG up 150% and BONK and FARTCOIN gaining over 20% in 24 hours.
- Rising volumes and market hype point to growing investor interest amid Bitcoin’s breakout above $100K.
Solana-based meme coins are stealing the crypto spotlight, outperforming the broader market in a dramatic show of speculative enthusiasm. Leading the charge is Moo Deng (MOODENG), which has skyrocketed 150% in just 24 hours, while Bonk Coin (BONK) and Fartcoin (FARTCOIN) aren’t far behind—surging over 20% apiece as trading volumes explode.
According to CoinGecko, the total market capitalization of Solana meme coins has jumped by 32%, reaching $12.46 billion. This surge coincides with Bitcoin breaching the $100,000 mark, triggering a wave of risk-on sentiment that’s rippling through altcoins and meme tokens alike.
Also read: BNB Price Targets $700 After Binance Chain Fee Cut Boosts Bullish Momentum
MOODENG is the undisputed star, with its price hitting a three-month high of $0.126 and trading volumes spiking by 1,700% to $648 million. Momentum indicators suggest a potentially overheated market, but investor appetite remains high amid this meme-fueled mania.
Meanwhile, BONK is making headlines with a 20% daily gain, trading at $0.0000219 and aiming for the key resistance level at $0.000026. A breakout could push it toward its 2025 high of $0.000039, as on-chain metrics like the ADX hint at growing bullish strength.
Not to be outdone, FARTCOIN has surged 23% to an intraday high of $1.38, with open interest climbing to a record $645 million. This follows its stellar April performance and positions the token for more upside if Solana itself crosses the $200 threshold.
This spike in activity has also supercharged volumes on PumpFun, Solana’s meme coin launchpad, which recorded $168 million in daily trading—its highest since February.
With meme coins leading this unexpected charge, the question now is whether this trend is a short-lived pump or the beginning of a new altcoin season. For now, MOODENG, BONK, and FARTCOIN are the ones to watch.
