The meme coin market is dynamic and unpredictable. Recently, several tokens, including Pengu, Bonk Coin, Pepe, and newcomer Layer Brett, have captured attention.
Pengu’s Rise on Solana
Pengu has become one of the most talked-about meme coins in the Solana ecosystem. Known for its strong community and fresh branding, it has quickly built momentum and trading activity. Social media support has been key, pushing Pengu into the spotlight as Solana users look for the next token to rally. Some traders even see it as the start of a new wave of Solana meme dominance.
Bonk Coin Under Pressure
Bonk Coin was once the flagship meme coin from Solana, but the arrival of Pengu has put it under pressure. While Bonk still enjoys significant trading volume and recognition, the hype is not what it once was. For many traders, Bonk Coin now represents an older chapter of Solana meme culture, while Pengu is seen as the fresher play.
Pepe Remains Top on Ethereum
On the Ethereum side, Pepe continues to dominate as one of the most recognizable meme tokens. It built a multibillion-dollar market cap off sheer community energy and viral momentum, and its name still carries weight across the market. However, critics often highlight the lack of utility as a weakness.
The stories of Pengu, Bonk Coin, and Pepe highlight how quickly the meme coin market evolves. Pengu's rise shows that new challengers can overtake old favorites in weeks, while Layer Brett's potential positions it as a serious competitor.
