“Meme Coin Mania: Dogecoin’s Comeback Sparks Bonk, Mog, and Brett to Hit Record Highs!”

Meme Coins Hit All-Time Highs as Dogecoin Sparks a Frenzy

The meme coin market is on fire, driven by Dogecoin’s recent resurgence to a three-year high. As DOGE paves the way, other meme tokens like Bonk, Mog, and Brett are riding the wave, setting new all-time highs amid surging demand. Let’s dive into what’s fueling this explosive growth.

Dogecoin’s Revival Lights the Fuse

Dogecoin (DOGE), the original meme coin, has been the driving force behind this market frenzy. Earlier this week, DOGE soared to a three-year high of $0.43, propelled by its perennial association with Elon Musk. This time, the excitement is tied to Musk’s rumored involvement in a government initiative under President-elect Donald Trump—the Department of Government Efficiency (D.O.G.E).

With Dogecoin back in the spotlight, its upward momentum has sparked renewed interest in the meme coin sector, creating a ripple effect for lesser-known tokens.

Bonk Breaks Records with Strategic Moves

A Burning Campaign Ignites Bonk’s Surge

Bonk (BONK), the second-largest Solana-based meme coin by market capitalization, shattered its previous record from May, climbing to $0.000049 on Saturday. This represents a staggering 120% weekly gain, according to CoinGecko.

The spike was fueled by Bonk’s innovative token burn campaign. The project announced plans to destroy up to 1 trillion BONK tokens—valued at over $39 million—by Christmas, contingent on community engagement. This move reduces the token’s circulating supply, increasing scarcity and potentially driving prices higher.

Other Meme Coins Ride the Wave

Brett and Mog Coin Hit All-Time Highs

Bonk isn’t the only star of the meme coin rally. Brett (BRETT), built on Ethereum’s layer-2 Base network, hit a peak of $0.19 late Friday. Similarly, Mog Coin (MOG) reached an all-time high of $0.0000029 during the same period.

The Rise of Unique Meme Coins

The market has also seen the rise of quirky tokens with unconventional backstories:

Goatseus Maximum (GOAT): A token conceptualized by an AI chatbot but executed by a human developer, GOAT surged to $1.30 on Saturday.

Moo Deng (MOODENG): Inspired by a viral baby pygmy hippopotamus, this Solana-based token hit a new high of $0.68.

These tokens highlight how meme culture, combined with novel narratives, continues to captivate the crypto community.

A Broader Meme Coin Rally

Earlier Performers Still Strong

This week also saw other prominent meme coins set fresh records:

Pepe (PEPE)

Cat in a Dog’s World (MEW)

Fwog (FWOG)

Meanwhile, tokens like Solana’s Dogwifhat (WIF) came close to breaking their own highs.