May 19-25, 2025, was an extraordinary week in the crypto space. It recorded Bitcoin new all-time highs of $111,000. It saw a hack of the Cetus Protocol for $223 million. Moonpig ($MOONPIG) and Pizzacoin ($PIZZA) pump along with GIB with their stunning narratives. The post is an exhaustive synopsis of the major trends, action in the market, and the all-time highs of the week. It offers analysis to investors and enthusiasts.

Meme Coin Weekly Recap: May 19-25, 2025

Below are the leading weekly memecoin trends and performances during May 19 to May 25, 2025.

Moonpig ($MOONPIG) Breaks All-Time Highs

Moonpig ($MOONPIG) memecoin grew over 800% in a week since its launch in early May to reach a market capitalization of $40 million on May 19. It appreciated in value from $0.0032 to nearly $0.039 with $35.86 million 24-hour trading volume on May 23. Pump.fun launched it with no pre-sale and no allocations to the team. Enthusiasts were drawn to the humorous name, playful pig-themed branding, and AI-created artwork, prompting a community mania, conjuring comparisons to Dogecoin and Bonk.

GIB ($GIB) Hops to the Moon

GIB ($GIB), which developed out of the “gib the frog” meme, gained momentum on Solana to reach a $9.75 million market cap on a $0.0097 price tag and a $5.01 million 24-hour trading volume by May 24. Crypto influencer endorsement and popularity among its community members drove it to an all-time high, even after a 36.9% decline from its $0.0154 peak, reflecting the nature of the industry.

Pizzacoin ($PIZZA) Celebrates Bitcoin Pizza Day

Pizzacoin ($PIZZA) capitalized on Bitcoin Pizza Day (22 May) when two pizzas were famously purchased in 2010 for 10,000 BTC, now priced at over $1.1 billion. Presumably seeing its trading volume pick up at around this time, the token attracted the attention of crypto investors celebrating the day, though we cannot confirm the exact performance figures.

B ($B) Surges with Strategic Backing

B ($B) regained a $33.4 million to $352 million market capitalization in two days, closing at $275 million with a 24-hour trading volume of $1.15 billion on May 23. Listing on Binance Alpha and spurred by World Liberty Financial’s 636,961 $B token purchase, its USD1 stablecoin peg and increased popularity of Binance Futures’ USDⓈ-Margined BUSDT contract powered hyperbolic growth, making it a DeFi liquidity vehicle.

Animal-Themed Memecoins Bark and Roar

Animal memecoins excelled, with Moondog, Hoodrat, and Charles King being the leading players. Dog-themed Moondog would likely have attracted a lot of community attention with its “barking to the stars” theme. Hoodrat “rats to riches” themed and alpha dog Charles King gained speculation interest likely through a low-key performance. Horror-themed Boochie added an offbeat element, rallying meme sub-communities.

Tech and Utility-Driven Memecoins

D3VCAV3 and DistributeAI ($DIS) combined technology and meme culture. $DIS, a token tied to AI-enabled distribution, and D3VCAV3, a Web3 token built on Solana, likely attracted technology-oriented investors. IBRL, backed by the support of Ellipsis Labs, offered utility-oriented narratives with the assurance of “flipping the market,” mirroring a moving memecoin landscape.

Launch Platforms Fuel Growth

Launchgram, a Telegram-based memecoin launchpad, and Pump.fun’s Believe platform enabled the release of new tokens such as Moonelon and Launchcoin. The platforms spearheaded trading volume, with the stealth launch of Moonelon and the community-focused strategy of Launchcoin probably behind the memecoin popularity this week.

Other Notable News: May 19-25, 2025

The broader crypto world was abuzz with significant events, spanning from market success to security concerns to institutional behavior. Below are the major events that shaped the week.

Bitcoin Hits New All-Time Highs

Bitcoin rose to the $110,000-$111,000 level, setting new all-time highs with trading volumes of $15-20 billion. Favorable macroeconomic conditions for risk assets, institutional buying, and positive market attitude propelled the bounce, dragging altcoins and memecoins along with it.

Cetus Protocol Hack Shakes DeFi

On May 22, a leading DEX on the Sui blockchain, the Cetus Protocol, was breached for $223 million via an exploit of the vulnerability in its smart contract. The hacker made use of the spoofed tokens to manipulate the liquidity pools, which led to the CETUS token falling 40% and SUI by 7% to $3.8. The $162 million of the stolen funds were subsequently frozen by the team and a $6 million bounty offered, but the breach raised questions on the security of the DeFi.

BNB Chain’s Maxwell Upgrade Anticipation

There was expectation of the Maxwell Hardfork on the BNB Chain, which would reduce block times to 0.75 seconds, with its testnet on May 26 and the mainnet on June 30. Under the impetus of BEP-524, BEP-563, and BEP-564, the update would accelerate the transaction speed and validator coordination, propelling BNB’s price by 1.57% to over $650 and sparking hopes of BNB-related memecoins

US Banking Giants Explore Joint Stablecoin

The largest US banks, such as JPMorgan, Bank of America, Citigroup, and Wells Fargo, engaged in early talks to introduce a shared stablecoin via channels such as Early Warning Services and The Clearing House. With a desire to combat crypto competition and streamline the efficiency of transactions, the project was contingent on the evolution of the legislation, specifically the GENIUS Act, as traditional finance continued to battle digital assets.

Conclusion

May 19-25, 2025, was a time of memecoin market mania, dominated by moon-named coins like Moonpig, Moondog, and Moonelon, and B ($B) at the top of the charts via word-of-mouth narratives and co-ordinated support. Fresh all-time highs for Bitcoin and the pending BNB Chain upgrade highlighted the trend upwards of the market, and the Cetus Protocol hack reminded the industry of DeFi risk. US banks weighing a joint stablecoin represented a convergence of both traditional and crypto finance.

Read our meme coin weekly recap on the MevX Blog!