This Bull Run Cycle: Who Is Truly Leading the Meme Coin?

In the current growth cycle, the Solana ecosystem is attracting a lot of attention with a wave of explosive meme coins. Names like WIF, BONK, BOME, and TRUMP have delivered impressive gains and caused quite a few “explosions” in the market. However, from a broader cycle perspective, the leading role in meme coins actually comes from a familiar name on the Ethereum network: PEPE. PEPE is not only the most mentioned meme icon by the community but also a project that has reached a market capitalization of tens of billions of USD. In the secondary market, PEPE has experienced multiple growth phases, becoming the “trigger” for many meme coin recovery rallies. Whenever capital flows back into meme coins, PEPE is usually at the forefront, creating a ripple effect across other projects in the same ecosystem. Currently, on the Ethereum network, the most关注 meme coins include PEPE, NEIRO, and PEOPLE. PEPE has established its leading position, while NEIRO has also quickly formed its own trend and attracted significant capital. PEOPLE, on the other hand, still appears to be a bit slower compared to the other two, but that does not mean the opportunity has closed. From a cycle and market psychology perspective, it is entirely possible for PEOPLE to have a rebound phase when capital shifts within the meme coin group. In the short term, the price range around 0.013 – 0.015 is considered a critical zone, corresponding to weekly timeframe pressure. Whether it can break through or react at this zone will require more time for validation. In summary, although Solana is very lively with many emerging meme coins, Ethereum still plays a central role in the meme space thanks to iconic projects with significant influence. PEPE continues to be the most notable name, while NEIRO and PEOPLE represent the next opportunities, depending on the market dynamics in the coming period. $PEPE {spot}(PEPEUSDT)