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Bonk Eco continues to show strength amid $USELESS rally
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Pump.fun to raise $1B token sale, traders speculating on airdrop
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Boop.Fun leading the way with a new launchpad on Solana.
🚀 Week in Meme Coins: Supercycle Loading? Pengu and Bonk Lead in Sea of Green.
The meme coin market exploded 22% to $72.59B! PUMP token rocketed 20% on historic $500M ICO! PENGU soared 95.32%!
Let's dive into this week's meme momentum. 🧵
1/6
📈 Market Overview:
Meme coin mania is back, with market cap up 22% from $59.36B to $72.59B. Major coins like BTC, ETH, SOL, XRP, and BNB paused as degens led the charge. Meanwhile, the Digital Asset Market Clarity Act gained traction, hoping for a summer Congressional vote.
2/6
⚡ PUMP Token Explosion:
PUMP token soared 20% on July 16 after a new ATH, driven by pump(.)fun's $500M ICO raise in 12 minutes. The massive buyback campaign fueled its momentum, spotlighting the meme sector's explosive growth.
3/6
🏛️ Political Meme Complexity:
Trump allegedly pressured Republicans on crypto bill votes, while his TRUMP meme coin complicated talks. Political meme tokens faced scrutiny as lawmakers balanced innovation and oversight.
4/6
🔮 Sector Rankings & Outlook:
Meme coins maintained #2 position among crypto sectors per DeFiLlama's Narrative Tracker. The 30-day trajectory showed bullish momentum accelerating further into green territory. Top gainers moved together to signal coordinated market sentiment.
5/6
💡 Key Takeaways:
🔹 Track Digital Asset Market Clarity Act for regulatory effects.
🔹 Monitor pump(.)fun growth and copycat launches.
🔹 Follow political meme token reactions to regulations.
Stay informed, stay ahead:
6/6
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