Is the memecoin rally really back?

Disclaimer: Crypto is highly volatile and you could lose all your money, do your own research before investing.
Key Takeaways
  • Memecoins like Dogecoin and Shiba Inu have recently surged, signaling a potential return of the memecoin rally.
  • Factors contributing to the rally include social media hype, celebrity endorsements, and renewed retail investor interest.
  • Blockchain innovations and increased listing of memecoins on major exchanges are supporting this upward momentum.
  • However, the memecoin market remains speculative, lacking strong utility or fundamentals.
  • Investors should approach with caution, as the current rally may be short-lived without sustained technological or adoption growth.
Introduction: What Are Memecoins and Why Do They Matter?

Memecoins are cryptocurrencies created largely as jokes or internet memes, often without any intrinsic utility or fundamental purpose. Despite their tongue-in-cheek origin, they have grown into a cultural phenomenon within the crypto space. Coins like Dogecoin (DOGE) and Shiba Inu (SHIB) have reached multi-billion-dollar market caps, driven largely by community support, social media buzz, and celebrity endorsements.

Recently, the memecoin sector has shown signs of life again, leading many to ask: Is the memecoin rally really back? In this article, we explore what’s fueling this resurgence and whether it’s sustainable or just another speculative bubble.

Signs of a Memecoin Revival in 2025

The crypto market has seen renewed interest in memecoins since early 2025. Leading the charge is Dogecoin, which surged more than 50% in a matter of days following tweets from high-profile personalities. Other tokens like Floki, Pepe, and Bonk have also posted double-digit gains.

Several indicators point to a comeback:

  • Massive increase in social mentions and trending hashtags across Twitter (now X) and Reddit.
  • Pump-and-hold strategies among traders betting on short-term gains.
  • Listings of newer memecoins on centralized exchanges like Binance, Bybit, and KuCoin.
  • Even crypto influencers and YouTubers have reignited interest with videos boasting 100K+ views discussing the “new Dogecoin” or “next 100x coin.”

All these signs mirror previous memecoin cycles seen in 2021 and 2023.

The Role of Community Hype and Social Media

One of the defining features of memecoins is the power of community hype. Unlike traditional cryptocurrencies, where investor decisions are based on utility or whitepapers, memecoins thrive on virality. Platforms like Reddit’s r/WallStreetBets, Crypto Twitter, and Telegram groups can cause rapid price movements in hours, if not minutes.

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In recent weeks, hashtags like #DOGEto1Dollar and #SHIBARMY have trended globally, bringing new retail investors into the space. TikTok influencers with millions of followers are once again talking about memecoins, further amplifying FOMO (Fear of Missing Out). This social energy acts as fuel for price surges, often with little to no news behind it.

Celebrity Endorsements Are Back

No memecoin rally is complete without celebrity backing. In 2021, Elon Musk famously boosted Dogecoin through a series of cryptic tweets. In 2025, history is repeating itself. Musk’s latest meme featuring a Shiba Inu on Mars went viral, sending Dogecoin up 40% overnight.

Other celebrities like Snoop Dogg, Mark Cuban, and even influencers in the fitness and gaming industry have begun mentioning or investing in memecoins. Their massive followings translate into significant market impact—even if temporary.

This celebrity-driven momentum creates a powerful loop: increased visibility → new investors → rising price → more buzz.

The Economics: Speculation Over Substance

While memecoins often grab headlines, they typically lack real-world use cases. Most have:

  • No inherent utility
  • Poorly maintained development teams
  • Extremely high token supplies (often in the trillions)
  • Minimal integration into DeFi or real-world payments

Investors are not buying memecoins for fundamentals; they’re speculating on virality. This makes the market highly risky, especially for those entering at the peak of hype cycles.

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Some newer memecoins are trying to shift this narrative by introducing staking, governance, or NFTs, but most still fall short of long-term viability.

Exchange Listings and Liquidity Boost

A key factor supporting the current memecoin rally is accessibility. Major exchanges are quicker than ever to list trending memecoins. Once a coin gains traction on social media, it’s often added to centralized platforms within days.

This wider availability:

  • Increases liquidity
  • Reduces slippage for large trades
  • Encourages both retail and institutional traders to participate

Even decentralized exchanges (DEXs) like Uniswap and PancakeSwap see memecoin trading volumes spike, particularly during high-volatility periods.

Blockchain Advancements Give Memecoins a Boost

One major difference in the 2025 rally compared to earlier ones is the improvement in blockchain infrastructure. With the rise of Layer 2 networks like Arbitrum, Base, and zkSync, memecoins can now operate on faster, cheaper chains.

This means users can:

  • Mint and transfer memecoins with lower gas fees
  • Use memecoins in decentralized applications (dApps)
  • Trade with near-instant finality

Improved technology is lowering the entry barrier and attracting a new wave of meme-hungry investors who previously stayed away due to Ethereum’s high gas costs.

Regulatory Risk Still Looms

Despite the hype, regulatory concerns remain a major threat. Several memecoins have been labeled as scams or rug pulls. The U.S. SEC and global financial regulators are increasingly investigating tokens with no clear use case or team transparency.

In 2023, a number of memecoin founders faced lawsuits or investigations after pump-and-dump schemes. This has made investors more cautious, and could slow the rally if legal pressure increases.

Moreover, centralized exchanges may begin delisting tokens deemed too risky, further impacting liquidity and price.

Is This Rally Sustainable?

Whether the memecoin rally is here to stay depends on several factors:

  • Retail investor sentiment: If new investors continue to flood in, momentum may sustain.
  • Exchange support: Continued listings and liquidity can keep the market active.
  • Media buzz: Viral moments, memes, and influencer pushes drive attention and buying pressure.
  • Fundamentals: Without utility, memecoins rely entirely on hype—which is fleeting.

So far, the rally is driven more by emotion than economics. Unless some of these coins pivot to offer real-world applications or integration into broader ecosystems, the current run could be another short-lived boom followed by a sharp bust.

Conclusion

So, is the memecoin rally really back? All signs suggest that yes—memecoins are once again in the spotlight, powered by social media, celebrity tweets, and community-driven hype. But just like previous rallies, the momentum is fragile and highly speculative.

While early investors might see explosive returns, the risk of steep losses is just as real. Memecoins are less about financial logic and more about internet culture—funny, fast, and often unpredictable.

For seasoned traders and meme enthusiasts, the current rally presents short-term opportunities. But for long-term investors or newcomers, it’s essential to proceed with caution. In the world of memecoins, fortunes can change with a single tweet.

If you’re investing in memecoins, always do your own research—and never bet more than you can afford to lose.