Honestly, scrolling through the memecoin charts right now, I’m thinking that some of these projects have really become more than just jokes. Take BONK, for example, this thing really put Solana on the map for traders. With almost a million holders now and integrations everywhere (119 across 10 different chains), it’s clearly become the best shitcoin of its generation according to many. The price hovers around a few satoshis but the volume is there, almost $230 million in 24 hours.

And then there’s PEPE, which simply refuses to die. People have declared it dead at least 10 times and each time it bounces back. Now its market cap is approaching $1.78 billion, which is crazy for a memecoin. The sentiment remains quite bullish on that one. It’s probably the best shitcoin if you’re looking for some relative stability in the meme space.

FLOKI has also made a strong comeback, +2.56% in 24 hours and its market cap is nearing $354 million now. The thing with FLOKI is that it has this Elon connection that makes it unpredictable but potentially explosive. BOME on Solana is also making noise with its recent 7.38% increase, even if it’s more experimental.

Of course, DOGE remains the king of memecoins with its $17.4 billion market cap. It’s probably not the best shitcoin for explosive gains since it’s already huge, but it’s the most established meme coin we have. It has shown that it can really serve a purpose beyond just a meme.

The thing to remember is that even the best shitcoin remains a shitcoin — it’s volatile, risky, and you can lose big. But clearly, the memecoin market has evolved; they’re no longer just jokes launched on a whim.