Introduction
In the first quarter of 2025, ongoing macroeconomic uncertainties on a global scale put pressure on the cryptocurrency market, but this situation started to change with an important political move in April. US President Donald Trump’s softening steps on tariffs and positive signals on trade policy increased risk appetite. These macro developments triggered a new wave of bullishness in the crypto market. The rally, which started in April, continued strongly for about six weeks and peaked in May.
Source: x.com
Bitcoin reached a historic high during this period, reaching an all-time high. The enthusiasm of investors was also heavily felt on social media platforms. Especially on platforms like X, Reddit and Telegram, discussions around meme coins reached record highs. In this report, we will examine 5 of the most influential altcoins popular on social media and traded on the Darkex exchange.
Featured Projects at the Last Rally
- Trump Coin (TRUMP)
In April, TRUMP meme coin, which received direct endorsement from President Donald Trump, experienced an unprecedented explosion on social media. The event that sparked it was the personal invitation of 200 TRUMP Coin holders to a private dinner at the White House on May 22, 2025. This event, which was symbolic for the crypto world, represented not only a financial investment move, but also the new point that crypto has reached in the social and political scene. In the process, TRUMP Coin recorded a sharp price surge of nearly 120% during this period.
Source: x.com
As soon as the invitation was shared, social media interactions exploded, and the price soared in a short time. Millions of people became aware of this development thanks to Trump’s statements on his own accounts. Humorous and political references flew around on social media.
Source: x.com
Another noteworthy development about the event was the posts of prominent names in the TRUMP coin accumulation race. Justin Sun, a well-known figure in the crypto industry, stood out by attending the event as the highest TRUMP Coin holder. His posts about the event were interacted with by thousands of users and were instrumental in bringing the event to the global crypto agenda.
Source: x.com
- Dogecoin (DOGE)
Dogecoin maintained its strong position in the memecoin category during this period. Dogecoin-based ETF applications by some large US-based institutions accelerated DOGE’s social media posts.
Source: x.com
In addition, during this period, the White House made a fun “May the 4th” themed post from its official account, which mobilized the Dogecoin community and the posts went viral in a short time.
Source: x.com
During this period, DOGE was also active from a market perspective. The price of DOGE rose nearly 100% in the recent rally, from $0.13 to $0.26. Dogecoin’s rise is a strong example of how social and political content can influence investor behavior.
- Bonk (BONK)
Bonk, the popular memecoin of the Solana ecosystem, gained nearly 200% in April-May. Physical and online events organized by the Bonk community were shared on social media with the hashtag #BonkArmy and received high engagement rates. Solana-centric giveaways and airdrops significantly increased the community’s excitement and visibility on social media.
Source: x.com
While posts on X received thousands of views and interactions, Bonk’s success was driven not only by its price performance, but also by the community’s humor and engagement with events and new projects on Solana. In late April and early May, Bonk became one of the most talked about coins in the meme coin market.
- Pudgy Penguins (PENGU)
Born out of the NFT world, Pudgy Penguins (PENGU) experienced an unexpected leap as a token, increasing its price by 350% in a short period of time. Plush toys for the home and special campaigns for the Asian market fueled the social media hype. In addition, the announcement of a $5 million investment by NFT investor Luca Netz peaked community interest and social media interactions.
Source: x.com
- Shiba Inu (SHIB)
The Shiba Inu community drew attention again with its social media activity during April 2025. In particular, the message “Shib is for everyone” shared by the SHIB team on the official X account on April 18 attracted great attention within the community and received thousands of interactions in a short time.
Source: x.com
During the same period, the Shiba Inu community, eager to capitalize on the “meme hype”, closely monitored the agenda on social media and organized various creative campaigns. Liquidity analysis and discussions on price movements circulating on social media significantly increased SHIB’s visibility in April. The SHIB community’s organized social media strategy clearly demonstrated that they aim to directly influence price movements, not just monitor them. During this period, the community’s posts frequently included price targets and resistance levels, as well as assessments of overall market sentiment and SHIB’s long-term potential. Shiba Inu has thus managed to become one of the most talked about altcoin projects on social media during the recent rally. In this process, the price of Shib increased by approximately 70%.
General Evaluation
The crypto market’s recent rally proved once again how powerful the impact of social media on the crypto market is. While Bitcoin’s record-breaking rise has breathed new life into the market, it has paved the way for coins that stand out with their humorous content and community-oriented projects to stand out on social media. Trump Coin’s political power, Dogecoin’s cultural humor and Bonk’s strong connection to the Solana ecosystem played an important role in influencing investors.
This process clearly demonstrated how quickly interactions and communities on social media can organize and make projects go viral. It once again confirmed that social media sentiment is as important as classical analysis methods in understanding market dynamics.
Disclaimer
This content has been prepared by the Darkex Research Team for informational purposes only. It does not constitute investment advice. All risks and responsibilities arising from your investment decisions are solely your own.
