The meme coin market in May 2025 has become a whirlwind of activity, blending political drama with technological innovation. Political-themed tokens have ignited fierce debates as cryptocurrency increasingly intersects with global election campaigns, while a new generation of meme coins is raising the bar for community engagement and utility. Behind the scenes, fundamental blockchain upgrades are quietly transforming how these viral assets operate, creating both opportunities and risks in this notoriously volatile sector. Investors are watching closely as these developments could redefine the meme coin landscape moving forward. 
In this article by “The Crypto Information” we will see what happened in the meme crypto market recently.

Trump’s $TRUMP Memecoin Sparks Ethical Debates

The $TRUMP token has seen a dramatic price surge following its announcement of an exclusive May 22 gala for top holders—with VIP access granted to the wealthiest 25 investors. However, the event has drawn scrutiny, as blockchain analysis reveals:

• 80% insider dominance: The majority supply is controlled by Trump Organization affiliates and Bill Zanker
• Foreign holder risks: A top wallet (suspected to be Justin Sun’s) may violate federal gift laws
• Legal gray areas: Potential conflicts with the Emoluments Clause due to foreign investment ties

Further complicating matters, GD Culture Group (GDC), a small tech company with operations in China, announced plans to raise up to $300 million to invest in cryptocurrencies, including $TRUMP. This move has intensified concerns about foreign influence in U.S. politics through crypto investments.

Meme Coins Experience Market Surge

The meme coin market has surged 25% in May 2025, with Dogecoin (DOGE) dominating at a 35.79 B market cap and Shiba Inu ( SHIB ) following closely 35.79 B market cap and Shiba Inu (SHIB) following closely at 9.72B. These legacy tokens continue to drive sector growth despite newer entrants, demonstrating the enduring appeal of community-driven crypto assets.

A fresh crop of meme tokens – including Fartcoin (FARTCOIN), Snek(SNEK), and Gigachad ($GIGA) – is capturing market attention by blending viral humor with tangible utility. These projects are successfully bridging the gap between casual crypto enthusiasts and serious investors through:

• Innovative use cases: Moving beyond pure speculation to offer real platform functionalities
• Community-centric models: Leveraging meme culture while building sustainable ecosystems
• Multi-level appeal: Attracting both retail traders and institutional interest

The trend signals an evolution in the meme coin sector as projects increasingly focus on long-term viability rather than short-term hype.

Solana’s Meme Coin Ecosystem Evolves

The Solana network is experiencing a fresh wave of meme coin activity, with tokens like NEET, URMOM, and BUTTCOIN posting explosive gains and surging trading volumes. These assets are riding waves of viral internet culture and hyper-engaged communities, demonstrating Solana’s continued appeal for speculative crypto assets. Market analysts note these tokens are benefiting from:

• Platform advantages: Solana’s low fees and fast transactions enabling rapid trading
• Community momentum: Coordinated social media campaigns driving FOMO
• Niche targeting: Each token carving distinct cultural niches (e.g., NEET tapping into gaming/anime communities)

Simultaneously, the dominance of the meme coin launchpad Pump fun has waned, dropping from over 98% to 57.5% market share. New platforms like Lets Bonk and Believe are gaining traction, with projects like LAUNCHCOIN on Believe achieving a market capitalization exceeding $200 million.

Industry Voices: Meme Coins as Speculative Assets

At the Consensus 2025 conference, Barstool Sports founder Dave Portnoy likened meme coin investments to gambling, emphasizing their speculative nature and lack of long-term viability. Additionally, tokens like Solaxy ($SOLX) and Bitcoin Bull ($BTCBULL) are gaining attention for their innovative features and potential for significant returns.

Market Overview

Meme Coin	Market Cap	Price
Dogecoin (DOGE)	$35.79B	$0.2406
Shiba Inu (SHIB)	$9.72B	$0.00001649
Bonk (BONK)	$1.85B	$0.00002343
Pepe Coin (PEPE)	$6B	$0.00001427
Floki (FLOKI)	$1.10B	$0.0001142

Final Thoughts About Meme Coins

The meme coin sector remains a fascinating mix of viral humor, market speculation, and technological creativity. While many tokens draw inspiration from internet phenomena, an emerging wave is introducing genuine utility and novel community-driven features. Investors should remember this market’s inherent volatility and perform due diligence before participating.