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Meme coins report significant gains despite overall market losses

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by Giorgi Kostiuk

11 hours ago


Despite the overall decline in the cryptocurrency market capitalization, meme coins like Pudgy Penguins and SPX6900 continue to show significant growth.

Market Capitalization Trends

On July 26, 2025, the total cryptocurrency market capitalization fell by 2.7%, dipping below the $4 trillion mark. This decline impacted many major projects; however, meme coins remain one of the few sectors that exhibited positive dynamics.

Performance of Meme Coins

Pudgy Penguins (PENGU) and SPX6900 (SPX) emerged as leaders among meme cryptocurrencies, posting double-digit gains. Over the last 24 hours, PENGU surged by 14.3%, reaching $0.04342. Over the past week, its price has increased by nearly 40%. SPX6900 also demonstrated an 11.7% rise, jumping to $2.

Other Meme Crypto Situations

The largest meme cryptocurrencies, such as Dogecoin (DOGE) and Shiba Inu (SHIB), have also shown growth of 2.2% and 2.7%, respectively. DOGE reached a local high of $0.24, while SHIB peaked at $0.00001405. Other popular meme cryptocurrencies on EVM blockchains, such as Floki (FLOKI), Pepe (PEPE), and Bonk (BONK), also saw price increases.

While the cryptocurrency market faces a decline, meme cryptocurrencies continue to attract investors' attention and demonstrate significant results.

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