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Coinwy > Blog > Market > Meme Coins Rise: Bonk, SPX6900, and Dogwifhat – July 2025 Highlights
Market

Meme Coins Rise: Bonk, SPX6900, and Dogwifhat – July 2025 Highlights

Thiago Alvarez
Last updated: July 14, 2025 1:11 am
Thiago Alvarez
Published: July 14, 2025
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Key Points:

  • The meme coin market gained attention with Bonk’s $1B daily volume.
  • SPX6900 receives high interest from investors mid-July 2025.
  • Dogwifhat’s price approaches $1 with strong community support.

The spotlight on these meme coins highlights evolving market tendencies and the continuing fascination with high-risk assets. Their progress disrupted traditional trends, with meme-based projects captivating diverse investor demographics.

The major players Bonk (BONK), SPX6900 (SPX), and Dogwifhat (WIF) have become focal points for investors, each originating from distinct project leadership. Pseudonymous developers and comments from key figures like Anatoly Yakovenko and Arthur Hayes add depth to their narratives.

Evident effects include increased trading volumes and community support. Solana’s ecosystem benefits from Bonk and Dogwifhat activity, while SPX6900’s parody branding enhances Ethereum’s appeal. Liquidity and TVL growth mark this trend.

“Solana’s memecoin wave is a real-time experiment in liquidity, creativity and community. Watching BONK & WIF rewrite the playbook.”

– Anatoly Yakovenko, Co-Founder, Solana Labs

Financial and regulatory landscapes see a shake-up, with meme coins sparking novel on-chain activities and fees. Historical patterns from Dogecoin and Shiba Inu’s past surges offer context for potential adjustments in sentiment shifts.

Increased public participation and technological integration suggest potential outcomes such as new financial products or regulations specifically targeting high-risk meme coins. Historical precedents underline shifts in liquidity and retainability, offering valuable insights into future trends.

“SPX6900 captures crypto’s sense of humor and market appetite for high-risk, high-reward assets. Watch this one.”

– Arthur Hayes, Former CEO, BitMEX

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