The spotlight has once again captured by the Bitcoin, which has surged past the $94,000 mark and has fueled a broader rally in the crypto space.
But it is not only the Bitcoin that is making waves. The market of the memecoins, which is usually seen as the more speculative corner of the crypto world, has seen a dramatic upturn, with a variety of memecoins registering some truly massive gains. From the downright silly (in the context of real-world utility, at least) $Fartcoin to meme favorites like $POPCAT, the memecoin market seems to be experiencing hypergrowth, with many coins racking up double- or even triple-digit percentage increases.
This memecoin value increase can be ascribed to a mix of causes. First is the overall bullish feeling in the market surrounding Bitcoin. Second, there is renewed interest from retail investors. And lastly, there’s the matter of memecoins being, well, memes. These tokens are often driven by a meme-based culture to heights you wouldn’t expect in the cryptocurrency world.
Memecoins Are Surging, With Some Seeing Triple-Digit Gains
The lesser-known tokens in the memecoin space are among the biggest winners and have recently seen impressive price movements. Here’s a look at some of the top performers in that space:
– $Fartcoin has seen a remarkable 19% increase, pushing its market cap to $1.2 billion.
While the name may raise some eyebrows, the token has become a fan favorite in the memecoin community, and its latest surge shows no sign of slowing down.
– The meme coin $POPCAT, which draws inspiration from the “Popcat” meme that went viral, has surged up 30% to reach a market cap of $334 million. Of all the memes that have led to the creation of coins, $POPCAT is one of the best-known. It attracts not just meme enthusiasts but also crypto traders looking for laughter-fueled high-risk, high-reward investments.
– The memecoin in the pack, $RFC, has gained 31%, and its market cap now stands at $29 million. With a niche community of supporters, the rise of $RFC really highlights the continuing trend of much smaller memecoins finding some market traction.
– $DARK, a memecoin making waves lately, saw an eye-popping 69% surge that brought its market cap to $27 million. The Dark token has been popular among those searching for a meme-driven token with a distinctly unique identity.
– $ALCH has increased by 36%, and it now has a market cap of $170 million, associated with the Solana-based project Alchemist AI, Notably, $ALCH has also become the largest AI application by market capitalization, further cementing its position as a major player at the emerging intersection of AI and blockchain.
– $ARC and $GRIFFAIN have posted impressive gains as well, resulting in increases of 56% and 41% for those tokens, respectively. Their market cap has grown to $56 million and $45 million. Both tokens are drawing considerable attention right now, and for good reason: they have both community support and what can only be described as meme-driven marketing campaigns.
– $ai16z saw a 30% jump, hitting a $194 million market cap—another standout in the AI-themed memecoin space. The token’s growth mirrors that of the many artificial intelligence-related projects bursting onto the scene within the cryptocurrency universe.
– $CHILLYGUY has been one of the most impressive gainers, up 45.4 percent with a market cap of 31 million dollars. It is part of a broader trend where lesser-known memecoins with strong branding and community support see huge short-term gains.
$TAI is experiencing remarkable growth, amounting to 41%, and now the market cap of it is $33 million. On the other hand, $GOAT as well is growing in leaps and bounds, since it has seen a 25% rise, which now brings its market cap to $67 million. These two tokens, while still operating in the shadow of giants like Dogecoin and Shiba Inu, are benefiting, in a big way, from the memecoin wave.
The tokens $AVA and $SIGMA have shown tremendous growth as well, increasing by 40%, with their respective market caps now at $41 million and $25 million.
Bitcoin Breaks $94,000, Memecoin Market Surges – Which Memecoins Are Seeing the Biggest Gains?
🔹 $Fartcoin +19%, Current Market Cap: $1.2B
🔹 $POPCAT +30%, MC: $334M
🔹 $RFC +31%, MC: $29M
🔹 $DARK +69%, MC: $27M
🔹 $ALCH +36%, MC: $170M
🔹 $ARC +56%, MC: $56M
— Followin (@followin_io) April 23, 2025
Solana’s $ALCH Takes the Lead in the AI Meme Coin Sector
Of all the memecoins that have experienced impressive price surges, $ALCH, the token associated with Alchemist AI, deserves special mention. It clearly appeals to not only the meme community but also to the emerging worldwide artificial intelligence community. In fact, by market cap, $ALCH is now the largest AI token out there. Its 36% price increase in the past 24 hours has thrust it into the spotlight.
The token’s growth mirrors the increasing fascination with the convergence of AI and blockchain, a combo that has captured the attention of investors on both sides. As $ALCH increases in value on the Solana blockchain, it’s not just attracting attention as a potential memecoin; it’s also doing something new—for AI projects on blockchain platforms, this is setting a precedent.
🚨 Solana-based $ALCH (@alchemistAIapp) becomes the largest AI application by market cap! pic.twitter.com/VkiTNHrBFc
— The Solana Post (@thesolanapost) April 22, 2025
The Bigger Picture: A Meme-Driven Rally?
The Bitcoin price keeps rising and is setting new records. The entire crypto market, in a bull run, seems propelled by Bitcoin itself. But when it comes to price action, the one asset that has shown it can really keep pace with or even surpass Bitcoin’s moves is not Ethereum or any other serious Layer 1 or Layer 2 project but rather a collection of typically valueless tokens with dog images. What gives?
It remains to be seen whether these advances are long-lasting, but at present, it is clear that the market for memecoins is thriving, with such tokens as $Fartcoin, $POPCAT, $DARK, and $ALCH leading the way. In the meantime, while Bitcoin holds the attention of the crypto community, these (admittedly strange) memecoins are seemingly set to surf the same wave that carries the much broader crypto market. And the fact that all four of these tokens have simultaneously enjoyed rapid gains over the last 24 hours is just the latest indication of how quickly things can turn around in the world of cryptocurrency.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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