The cryptocurrency landscape is buzzing with renewed energy as the overall market value surges beyond $4 trillion, fueled by a confluence of legislative progress and shifting investor sentiment. The recent passage of the GENIUS Act by the U.S. Congress has been a pivotal moment, catalyzing fresh enthusiasm particularly in altcoins and memecoins, which are now capturing the spotlight after Bitcoin’s meteoric rise to $123,000.
Bitcoin’s recent slowdown, following its record-breaking peak, has prompted investors to pivot toward alternative assets, especially Ethereum and memecoins. Over the past 24 hours, Ethereum’s price has surged by 6.64%, outpacing Bitcoin’s modest 1.4% gain. This shift is underscored by Ethereum’s central role in hosting numerous stablecoins that have gained regulatory clarity thanks to the GENIUS Act, making its network an attractive hub for new investments.
Consequently, Bitcoin’s market dominance has dipped to 61.65% on the four-hour chart, reflecting a broader redistribution of capital. Although the Altcoin Season Index currently sits at 48%, indicating that a full altcoin season is not yet underway, analysts suggest that if Bitcoin continues to trade within a narrow range for a few more days, altcoins—and memecoins in particular—could soon steal the show.
The memecoin market, once dismissed as a niche and volatile segment, is experiencing a remarkable resurgence. Its total market capitalization has soared past $82 billion, approaching the previous high of $137 billion recorded in January 2025. This revival is not just a statistical blip but is accompanied by innovative tools designed to capitalize on the fast-paced nature of memecoin trading.
One such innovation is Snorter ($SNORT), a Telegram-based trading bot engineered specifically to identify and exploit opportunities within the memecoin ecosystem. Operating on the Solana blockchain, known for its lightning-fast transactions, low fees, and high throughput, Snorter distinguishes itself from competitors who predominantly rely on slower networks like Ethereum.
Snorter’s architecture leverages a Custom Private RPC connection to the Solana network, bypassing the bottlenecks common with public RPCs, especially during periods of high demand. This direct pipeline enables Snorter to detect token movements and execute buy or sell orders in milliseconds, minimizing slippage and allowing users to purchase memecoins before other traders or bots can react.
Security is another cornerstone of Snorter’s design. It incorporates protections against Miner Extractable Value (MEV) exploits and conducts honeypot detection to shield investors from scams such as sandwich attacks or fraudulent tokens designed to steal funds. Additionally, Snorter offers a Copy Trading feature that empowers novice investors to mirror the strategies of seasoned traders in real time, democratizing access to sophisticated trading tactics.
Snorter’s presale success, having raised over $2 million, signals strong market confidence in its potential to lead the memecoin trading bot sector. Its competitive trading fee of 0.85% undercuts rivals like Trojan, which charges a 1% fee, further enhancing its appeal.
While Snorter is carving out a niche in memecoin trading, the broader memecoin arena is witnessing the emergence of promising contenders that could replicate or even surpass the legendary rise of Dogecoin (DOGE). Dogecoin’s journey from an obscure meme token trading quietly between $0.002 and $0.01 to a historic peak of $0.74—an astronomical gain of over 36,000%—was propelled by Elon Musk’s influential tweets and has become a blueprint for memecoin success.
Today, on July 21, 2025, memecoins are back in the spotlight, with several new projects entering an accumulation phase reminiscent of Dogecoin’s early days. Four memecoins, in particular, are generating buzz as potential “next DOGE” candidates: Bitcoin Hyper (HYPER), ApeCoin (APE), Pudgy Penguins (PENGU), and Fartcoin (FARTCOIN).
Bitcoin Hyper (HYPER) stands out as a Layer-2 network built on the Bitcoin blockchain but powered by the Solana Virtual Machine (SVM). This hybrid approach combines Bitcoin’s security with Solana’s speed and scalability, enabling fast transactions, decentralized applications, and memecoin functionality. Although not a traditional memecoin, HYPER is gaining traction due to its viral growth and compelling features, such as DeFi capabilities, staking with yields soaring up to 1,968% APY, and near-instant transaction speeds.
HYPER’s presale price was under $0.005, but it is now experiencing a significant price surge as investors flock to its unique value proposition: merging the meme culture with Bitcoin’s robust ecosystem. Its functional bridge and testnet infrastructure provide a solid foundation, making it an attractive option for those seeking both utility and the excitement of memecoin volatility.
ApeCoin (APE), trading at $0.75 with a 6.5% daily increase, is another memecoin showing strong technical signals. It recently broke out from a prolonged sideways trading range, with its 20-day moving average crossing above the 100-day average—a classic Golden Cross indicating bullish momentum. The Relative Strength Index (RSI) at 69.4 suggests the coin is nearing overbought territory, while the Moving Average Convergence Divergence (MACD) crossover confirms growing upward momentum. Its price action mirrors Dogecoin’s buildup before its historic rally, positioning ApeCoin as a serious contender in the current memecoin resurgence.
Pudgy Penguins (PENGU) is making waves on the Solana network, recently surging 21.7% in a single day and nearly doubling since early July. Its price comfortably sits above both the 20-day and 100-day moving averages, signaling a strong uptrend. With an RSI of 82.3 and accelerating MACD, PENGU exhibits intense buying pressure. Institutional backing from Canary Capital, which has filed for an ETF linked to Pudgy Penguins, adds a layer of credibility and signals growing interest from serious investors, reminiscent of Dogecoin’s transition from a meme to a more mainstream asset.
Fartcoin (FARTCOIN) rounds out the quartet, trading around $1.52 after a 6.8% one-day gain. It has rebounded strongly from its June lows, with technical indicators such as its 20-day moving average surpassing the 100-day average, an RSI of 65.8, and a robust MACD trend confirming its upward trajectory. Its listing on Coinbase and integration with Arkham have amplified retail and centralized exchange trading volumes, making it a favorite among speculative traders who thrive on volatility and meme culture.
These four memecoins together represent a diverse spectrum of innovation, community support, and institutional interest. Bitcoin Hyper leverages foundational blockchain technology, ApeCoin rides on solid technical momentum, Pudgy Penguins benefits from institutional endorsement, and Fartcoin capitalizes on retail enthusiasm and exchange visibility.
Looking ahead, the memecoin market’s revival offers investors a fresh chance to discover the next big success story akin to Dogecoin’s legendary ascent. While the market remains volatile and speculative, the combination of innovative projects like Snorter and promising memecoins with strong fundamentals and community backing suggests that this sector is entering a new phase of maturity and opportunity.
For those eager to dive in, presale investments remain a strategic avenue to access high-growth potential coins early, with numerous promising memecoin projects currently available for consideration. As the crypto ecosystem evolves, staying informed and leveraging cutting-edge tools could make all the difference in navigating this dynamic and exciting market.
