May 26 through June 1, 2025, was just about as busy as it could have been for the crypto space, and taking center stage were the memecoins through price pumps and narratives. Some of the leaders among the charge were Moonpig ($MOONPIG), Beer2 ($BEER2), and Caila ($CA), which caught everyone off guard through viral narratives and community focus. In this deep dive, we cover the big trends, market activity, and paradigm-shifting events that characterized the week, offering insight to enthusiasts and investors.

Meme Coin Weekly Recap: May 26 – June 1, 2025

Memecoins were at the center of the market mania from May 26 to June 1, 2025, serving up huge returns and thrilling narratives ranging from technical breakouts to artificial intelligence-driven innovation and cultural sensations. Driven by X-hype and speculation trading, the sector proved to be capable of attracting international notice. Below, we profile the leading memecoin trends and performances.

Moonpig ($MOONPIG) Breaks Resistance

Moonpig ($MOONPIG), a top Solana token, broke out of a downtrend triangle, sprinting to $59 million market capitalization prior to meeting resistance on May 30 at $22 million on $20 million 24-hour turnover. Decreased selling pressure indicated stabilization in the market, yet again predicting reversal. Trader James Wynn, whose earlier pull had taken the token to an all-time high of $113 million, can again ignite momentum through one X post, leveraging his sway to breach resistance and ignite another moonshot.

Beer2 ($BEER2) Taps Profit Potential

Beer2 ($BEER2) picked up momentum following a 25% price appreciation to achieve a $30 million market cap traded up to $5 million daily. Its unique tokenomics, which could be tied to beer-themed NFTs or community rewards, caught investors who scour the markets for the next major memecoin success, as noted in market commentary.

Caila ($CA) Emerges as Powerhouse

Caila ($CA) became a dual-strategy giant, combining rewards for staking and a mechanism for deflation to power a $30 price appreciation to a $25 million market cap on $6 million in volume. Unique attributes separated it from the meme coin flock, attracting yield-seeking investors.

Culturally Inspired Memecoins Shine

Chinese Rizzler ($CHIZ) pleased the crypto community with a $15 million market cap and $4 million volume, capitalizing on China’s internet pop culture. Hello Kitty ($KITTY) rose by 40% to a $28 million market cap with $7 million volume, capitalizing on brand popularity globally. Labubu ($LABU), an enthusiast token, rose by 30% to $18 million with $5 million volume, capitalizing on enthusiast sentiment.

AI and Utility-Driven Memecoins

Olivia ($OLIVIA) introduced AI-driven governance, attracting 50% to a $40 million market capitalization on $8 million in volume, enticing tech-inclined investors. AVO ($AVO) transformed AI-driven trading, gaining 45% to $35 million on $7 million in volume. Procoin ($PRO), designed for Farcaster Pro, was up by 15% to $8 million, integrating social media and cryptocurrency. Loud ($LOUD) and the Loudio platform rewarded social involvement, up by 25% to $12 million on $4 million in volume.

Other Notable Memecoins

Zeus ($ZEUS) shook the market with a 35% surge to $20 million in market capitalization and $5 million in volume based on aggressive branding. LC SHIB ($LC) endeavored to expand the Shiba Inu ecosystem, gaining 10% to $10 million and $3 million in volume. Mask ($MASK) caught fire, gaining 60% to $22 million and $6 million in volume, possibly due to privacy-focused functions.

Other Notable News: May 26 – June 1, 2025

The broader crypto space was marked by significant events, from market movements to security concerns to partnership announcements. Below are the top events that dominated the headlines this week.

Bitcoin Drops and Recovers

Bitcoin declined from $110,000 to $103,900, then recovered to $104,900, trading daily $15-20 billion worth. Volatility stemmed from shifting investor sentiment, though the bounce triggered altcoin and memecoin activity, and the market remained bullish.

Cetus Protocol Hack Refund Plan

Sui blockchain DEX Cetus Protocol was hacked on May 22 for $260 million through an attack on the smart contract vulnerability. The plan by the team to recover this week attempted to recover $162 million in locked funds and came with a $6 million offer. Still, the CETUS token dropped by 40%, and SUI dropped by 7 to $3.8, which raised DeFi security concerns.

Telegram and X Partnership

Telegram’s CEO announced a partnership with X, which can possibly entail the integration of capabilities to deliver enhanced user experiences to the two platforms. The partnership likely generated interest in social media platforms’ tokens, though precise price implications were not laid out.

X Platform Vulnerability Exposed

The scam revealed an X site vulnerability, which triggered a alert to users to update their security measures. The incident reminded everyone about ongoing threats in the crypto space, which could affect investors’ trust in social media-driven tokens.

Elon Musk Departs US Government Role

Elon Musk stepping down from his role in the US government fueled speculation about his potential future involvement in crypto policy. His resignation likely fueled memecoin volatility tied to his image, though price impacts were not reported.

Netflix Chronicles FTX Collapse

The Netflix documentary “The Altruists,” launched this week, chronicled the collapse of FTX, repeating earlier market upheavals. It likely had an influence on sentiment around centralized exchanges and related tokens.

Hyperliquid Whale’s $100M Loss

Hyperliquid whale James Wynn lost nearly $100 million, impacting tokens like Moonpig, as a lesson to margin trading in highly volatile markets. The incident outlined the dangers of high-risk crypto investing.

Conclusion

May 26 to June 1, 2025, was a week that underscored the memecoin market’s vibrancy, with tokens like Moonpig, Beer2, and Caila leading the pack with viral narratives and community engagement. Bitcoin’s rollercoaster drop and recovery provided a dramatic backdrop, while the hacking of the Cetus Protocol indicated DeFi risks. Strategic partnerships like Telegram-X and institutional moves reflected crypto’s growing mainstream appeal. But security threats and speculative volatility, as marked by Wynn’s loss, also signaled the need for caution. Investors must navigate this busy landscape with diligence and balance speculative promise with risk management.