TL;DR
- Some whimsical, whiskered coin—sheathed in meme catnip—vaulted to a three-month zenith, spurred by crypto’s feverish ballroom and “other reasons” (the kind one writes as a knowing wink to the seasoned degenerate).
- Dogecoin, Shiba Inu, PEPE, and assorted pixelated fauna guffawed upward, as the realm of meme added $4 billion in a day—a sum large enough to buy all the world’s Beanie Babies and still leave room for existential ennui.
This Meme Goes Vertical—Fluffy Side Up
Behold that everlasting farce, the cryptocurrency market—today performing a ballet so zealous that Bitcoin now reclines on the chaise lounge of $100,000, softly fanning itself with Schopenhauer while lesser coins cluster at its feet, murmuring, “Take us with you, big papa.” meme coins—how festive their ascent!—lead the parade, clad in the capes of caprice.
Their current star: Mog Coin (MOG), that little feline hallucination napping atop the Ethereum boil. Not content with the languor of February, it now vaults a full 40% in sotto voce defiance of anyone who believed math is real. Its market cap curls at $350 million—the 15th largest at the picnic, though perhaps the only one who licks its own paws.

Some would say the cause is the “revival” of crypto. Others, smitten by the siren call of “mog/acc,” see something deeper: a new cult of digital aristocrats, crowned not with laurels but with cartoonish, solidly un-ironic sunglasses, as if ready to DJ your uncle’s second wedding. Key celebrants: Garry Tan and one elusive Elon Musk—both unable to resist digitally affixing the sacred “mog glasses” to their faces, thus broadcasting to the world: “Behold us, serious men, at the meme gala.”
Garry Tan, parsing the deepest wells of the human psyche (somewhere between X and his morning chia pudding), declared: “Mog/acc means your brain power turns into real prosperity in the real world”—which, when you think about it, is only true if your brain power is monetized by speculative cat tokens. 🍸
MOG itself, kittenish by birth (2023), already reached the sun in last December’s Icarian leap. Now, awakened by the purrs of new believers, the coin’s fanbase hums with cultish enthusiasm—one X user purring, “A new peak is not a matter of if but inevitably when,” which, if nothing else, is a fine epitaph for all of crypto.
Are the Other Memes Still Chasing Their Tails?
If you wish to find a meme coin bereft of gain today, kindly look elsewhere—or invent one. Dogecoin, that aged jester, ballooned another 6%, luxuriating above $0.18 (which is, in fairness, practically aristocratic for a dog who began life as a joke).
Shiba Inu, the forever bridesmaid, nibbled a neat 5%. Pepe, TRUMP, BONK, Pudgy Penguins, and even “dogwifhat” (a name suggesting Dadaist poetry or an unsuccessful dog groomer) all wriggled upwards—some leaping double digits, as if the number line meant little but a trampoline.
In this absurdist tableau, meme coins as a whole spiked by 8% in 24 hours, now bustling near $61 billion—a sizable step above last month’s pitiful $45 billion, yet still a haunted shadow of late 2024’s heady $120 billion, when for a surreal instant it seemed that perhaps we would all be saved by a cat in sunglasses. Alas. 😸
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2025-05-08 13:34