Meme coins posted strong gains this week as a broader relief rally swept through crypto, lifting both established names and newer tokens.
Meme coins posted strong gains this week as a broader relief rally swept through crypto, lifting both established names and newer tokens, though one of the sector’s biggest names stayed near record lows.
The total meme coin market capitalization rose more than 10% week-over-week (WoW) to about $33.4 billion, according to CoinMarketCap data, buoyed by improving trader sentiment as hopes continue to grow for a lasting ceasefire in the Middle East.
Nearly every large-cap meme posted gains, with one major exception: Official Trump (TRUMP), which continued to struggle below a $700 million market cap.
Meanwhile, newer runners like Siren (SIREN) and RaveDAO (RAVE) stole the spotlight, and Pump.fun pushed deeper into prediction markets.
Whales Accumulate TRUMP Ahead of Gala
Official TRUMP has slid to all-time lows. Source: CoinMarketCap
Official Trump reportedly drew fresh whale buying this week even as the token stayed pinned near record lows and the coming event drew fresh scrutiny in Washington.
The activity came ahead of an April 28 luncheon for the token’s top 297 holders, with the top 29 set to receive VIP access to President Donald Trump. The setup echoes an earlier event Trump hosted for large holders last year.
The gala has quickly become a political flashpoint. On April 9, Senators Elizabeth Warren, Adam Schiff, and Richard Blumenthal reportedly asked the event’s organizers for documents and information related to Trump’s role in planning, promoting, or financially benefiting from it.
RAVE, SIREN Rip Higher
SIREN clocked double-digit gains again this week. Source: Sirenai.me
RaveDAO’s RAVE token delivered one of the week’s sharpest moves, surging more than 6,000% and breaking into the top tier of crypto gainers.
Launched in late 2025, RAVE spent most of its life below a $100 million market cap before climbing from roughly $0.25 per token to above $14 in a matter of days.
The project describes itself as a Web3 protocol tied to electronic dance music culture, with plans for on-chain ticketing, crypto payments at live events, and staking tied to rave-related revenue.
The move echoed an earlier run by Siren, which soared to a $1.7 billion market cap in March after spending months below $100 million.
The BNB Chain token, marketed as the network’s first AI agent, later fell back toward the $100 million range before staging another rally in April.
That second wind continued this week, with Siren gaining more than 40% and pushing its market capitalization above $650 million.
It now ranks among the top 10 meme coins by market capitalization, overtaking Solana-based Bonk (BONK), according to CoinMarketCap data.
Pump.fun’s Prediction Market Play Closes Seed Round
Pumpcade closed a $5M seed round. Source: X/Pumpcade
Pumpcade, a Pump.fun-affiliated prediction platform, also joined the week’s breakout names after closing a $5 million seed round backed by Jump Crypto and Foundation Capital.
It closed a $1 million pre-seed led by Pump.fun earlier this month.
According to an April 14 announcement, the deal values the project at about $44 million.
The news helped fuel a sharp rally in the PUMPCADE token, which has climbed to more than $30 million from less than $5 million before the deal was announced.
“We are blending the trenches with prediction markets,” Pumpcade lead PopPunk said in an April 5 X post, adding that the platform is designed to let users “speculate on outcomes in 1-30 minute time periods.”
Pump.fun’s investment comes as other crypto trading platforms, including Binance, are similarly expanding into prediction markets.
By the Numbers
Total Meme Market Cap: $33.41B
Source: CoinMarketCap
Top 5 Meme Coins by Market Cap:
- Dogecoin (DOGE): $14.88B
- MemeCore (M): $3.92B
- Shiba Inu (SHIB): $3.60B
- Pepe (PEPE): $1.59B
- Official Trump (TRUMP): $683M
Source: CoinMarketCap
Most Visited Memes:
Source: CoinMarketCap
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