Crypto

Leading Meme Coins Shine as Bitcoin Reaches $118,000 All-Time High

The Resurgence of Meme Coins Amidst Bitcoin’s Meteoric Rise

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Bitcoin’s Impact on Meme Coins

The cryptocurrency market is buzzing with excitement as Bitcoin hits unprecedented highs, surpassing $118,000. This surge has been fueled by former President Donald Trump advocating for a 3% interest rate cut, sparking one of the most buoyant days in the past month. Amid this optimistic atmosphere, meme coins have also experienced a significant revival, with some standing out for their remarkable rally potential and engaging communities.

BONK: A New Leader in the Meme Coin Arena

The Solana blockchain has witnessed a shift in dynamics as BONK, a meme coin, surpasses Pump.fun, a Solana-based launchpad, in market share. This transition is attributed to the strategic initiatives by the BONK team, which plans to reinvest half of all generated fees into buying back the meme coin. This has sparked increased interest in BONK due to the anticipated reduction in supply and potential value appreciation.

As BONK continues to dominate the market, it has experienced an impressive 43% increase over the last week, outpacing other leading meme coins. With LetsBonk.fun gaining momentum and the crypto market still in a bearish phase, BONK is poised to achieve new all-time highs.

USELESS: A Rising Star in the Meme Coin Landscape

Emerging in June 2025, USELESS has quickly established itself as a prominent player on the Solana blockchain. Initially dismissed as a passing trend, USELESS has transformed into a vibrant internet culture, supported by a passionate community. Over recent weeks, the coin’s value has skyrocketed by over 5,000%, reaching a market cap exceeding $300 million.

USELESS has garnered support from influential figures in the crypto sphere, including the renowned trader Unipcs, affectionately known as the “BONK guy.” His significant investment in USELESS has yielded substantial returns, and he anticipates the coin reaching a $1 billion market cap.

PEPE: A Key Player Riding the Ethereum Wave

As Ethereum prices rise in tandem with Bitcoin, PEPE emerges as a major contender in the meme coin market. PEPE’s value has historically mirrored Ethereum’s price movements, acting as a multiplier for ETH’s gains. During a recent rally, as ETH prices increased by 8%, PEPE’s value surged by approximately 16%.

With Ethereum expected to reclaim its previous highs of $4,800, PEPE presents an enticing opportunity for investors seeking higher returns through Ethereum’s upward momentum.

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Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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