Shiba Inu (SHIB), Pepe (PEPE), and Fartcoin (FARTCOIN) Lead the Meme Coin Market Upswing

Meme coins are seeing a sharp upswing once again. In the past 24 hours, the market went up by 5.7%, pushing its total valuation to $60.5 billion.

Meme coins are seeing a sharp upswing once again, with the market going up by 5.7% in the past 24 hours to reach a total valuation of $60.5 billion.

Among the biggest beneficiaries of this rally are three of the most well-known tokens in the space – Shiba Inu (SHIB), Pepe (PEPE), and Fartcoin (FARTCOIN). All three are now trading in the green, and investors are beginning to take notice of the renewed energy across the meme sector.

One of the most exciting aspects of the current rally is that the overall meme coin market cap still sits nearly 50% below its December 2024 peak of $127 billion. This gap leaves significant room for upside, especially for those entering early.

In this article, we’ll break down how SHIB, PEPE, and FARTCOIN are performing, as well as take a look at two promising meme coin presales that are already raising millions.

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Shiba Inu, Pepe & Fartcoin Lead the Rally

Crypto markets have enjoyed a bullish week, following optimism around potential U.S. tariff reductions and the Federal Reserve’s plans for two rate cuts later in 2025. This positive macroeconomic sentiment has triggered a rally across the board, with meme coins outperforming most other categories.

Shiba Inu (SHIB), the second-largest meme coin by market cap, is up 14.5% over the past two weeks. It remains one of the most recognized names in the sector, and its recent recovery has helped reignite community enthusiasm. Technical analyst, World of Charts, even pointed out that SHIB may be breaking out of a long-term descending channel, potentially setting the stage for a 2x move, should the breakout hold.

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World of Charts also noted that a breakout above the 50-week moving average could lead to a continuation of the bull market, which could propel SHIB to even greater heights.

Meanwhile, Pepe (PEPE) has climbed 16.5% in the last week, continuing its run as one of the more aggressive movers among large caps. Its explosive price movements and active community have made it a trader favorite.

But perhaps the biggest surprise has been Fartcoin (FARTCOIN). Launched in 2023, it has seen a remarkable 60.5% gain in the past week, and a staggering 120% surge over two weeks. At its current trading price of $0.5589, FARTCOIN is up 2,650% from its all-time low of $0.02003, showing just how volatile and profitable meme tokens can be under the right conditions.

At its current trading price of $0.5589, FARTCOIN is up 2,650% from its all-time low of $0.02003, showing just how volatile and profitable meme tokens can be when they rally.

Considering that Fartcoin is still relatively new compared to Shiba Inu, which launched in August 2020, it will be interesting to see how far Fartcoin can go in the coming months, especially if it manages to sustain this momentum.

As meme coins are heating up again, some analysts believe that by 2030, meme tokens could evolve from speculative assets into recognized segments of the digital economy.

In the meantime, investors are also keeping an eye out for presale tokens that are offering both meme coin appeal and real utility.

New Meme Coins Offering More Than Just Hype

While meme coins are attempting a return to their previous highs, Solaxy (SOLX) has already managed to raise over $28 million through its presale in just a few months.

The project has managed to capture attention by combining the viral appeal of meme coins with a bold promise of delivering a Layer-2 scaling solution for the Solana blockchain.

Solaxy’s upcoming infrastructure will aim to solve critical issues plaguing Solana, such as network congestion and failed transactions. It plans to introduce off-chain processing and transaction bundling, finalizing data back on Solana’s mainnet for high throughput and zero downtime.

As meme coins begin spiking again, ClayBro, a crypto analyst on YouTube, noted that increased congestion on Solana could make solutions like Solaxy incredibly valuable and potentially rewarding.