Why Meme Coins Like FLOKI, BONK, and SPX6900 Are Surging Today?

Meme coins are moving on the recovery trail, as the crypto market’s conditions improved over the last few days. In this, FLOKI, BONK, SPX6900, and others are experiencing significant price rallies, gaining double-digit gains. Notably, the entire market is driven by the investors’ greed, but demand is shifting towards meme-themed cryptos this time.

Meme Coins Regains Investor Demand, $2B Volume Jump Today

With a broader crypto market recovery, digital assets are flourishing with gains today. As the Crypto Week progresses and Donald Trump hints at the approval of the GENIUS Act, investors’ sentiments are bullish. CoinMarketCap’s fear and greed index is at 70 (GREED), whose impact is clearly visible in the meme coins.

The market capitalization of these meme-themed cryptocurrencies has grown to more than $5 trillion today, reaching the $71.27 billion milestone. Besides, the trading volume has jumped by $2 billion mark (42% up today), currently at $17.58 billion.

In this top meme coins, such as DOGE, SHIB, and PEPE, are in the green zone. Notably, the FLOKI, BONK, and others are even more bullish, gaining double-digit gains today.

Here’s Why FLOKI, BONK, SPX6900 Meme Coins Price Skyrocketing

FLOKI is among the biggest gainers for today, with a 402% surge in its trading volume. This surge is due to increased demand for meme-themed cryptocurrencies, as the market flourishes and investors’ risk-taking abilities grow. Additionally, the AltSeason Index is growing, fueling optimism for an Altcoin Season beginning.

$FLOKI is trending on @CoinMarketCap alongside the bluechips like $ETH, $XRP, and $SOL.

A spot well-earned, don’t you think?

The world is waking up to what the Floki community has known for years. pic.twitter.com/8O49FV7Bxn

— FLOKI (@RealFlokiInu) July 17, 2025

With a 33% rally today, it trades at $0.0001320 with $1.25B in market capitalization. Notably, BONK has been bullish for days, achieving a 171% surge over the month and a 27% surge today. This surge is driven by the Solana meme cryptocurrencies’ growing exosystem, OI and volume rising, investor demand, and bullish technical setup.

Experts note that 100 BONK were sold this week, reducing the selling pressure. Moreover, its launchpad boomed with demand. The fees generated from here equipped the BONK buybacks, fueling the price surge. With that, it currently trades at $0.00003937 and has a 24-hour trading volume of $2.54B, up 77%.

SPX6900 is relatively less known than the other two, but despite that, it is highly bullish these days. It hit a new ATH a few hours ago and is up 10% in 24 hours with $191.48 in trading volume, which is up 90%.

It currently trades at $1.77 with $1.65 billion in market capitalization. Similar to most meme-themed cryptos, it is up with better market conditions, influenced by US CPI, PPI data, and other macroeconomic events.

Overall, the retail FOMO, the crypto market’s bullishness, and the shift in investors’ sentiments have fueled these meme coins’ rally.