- Dogecoin’s institutional interest surged, with Wall Street giants like Goldman Sachs and Grayscale on board.
- Memecoins saw a market resurgence, with top assets like DOGE, PEPE, and SHIB leading the charge.
Dogecoin [DOGE], once dismissed as crypto’s class clown, is now rubbing shoulders with Wall Street’s finest. Institutional giants like Grayscale, Goldman Sachs, and Webull were referencing the token in SEC filings, proving skeptics wrong.
With all the top eight memecoins in the green, the market is shifting from Bitcoin-focused investments to a diverse, meme-driven landscape—led by Dogecoin, dressed for success.
Dogecoin tops SEC mentions
Institutional interest in Dogecoin is no longer anecdotal — it’s on the record. According to data from Alphractal, Dogecoin has hit an all-time high in SEC filing mentions, surpassing even some established altcoins.
Major financial entities like Grayscale, Goldman Sachs, and Webull Corp have explicitly referenced DOGE in recent filings, signaling a notable shift in risk appetite.
Source: Alphractal
The data reveals a surge in mentions during a broader memecoin rally. Institutions seem to view Dogecoin as more than a joke, signaling that DOGE is gaining recognition as a legitimate part of their crypto exposure.
This trend reflects the growing acceptance of volatility, branding power, and community-driven assets.
Top memecoins post weekly gains
With Bitcoin losing momentum, capital is returning to the memecoin market. Over the past week, eight top-trading memecoins saw significant gains. This resurgence is driven by rising risk appetite, shifting social narratives, and an evolving ecosystem.
Memecoins are increasingly seen as more than jokes, including political and culture-focused tokens. Once again, they are outpacing the broader market.
Dogecoin posted a modest 7.21% gain over the week, maintaining its dominant position in the memecoin sector with over $1.1 billion in weekly trading volume.
Shiba Inu [SHIB] outperformed slightly at 9.48%, with a daily trading volume of $210 million — showing that the top two meme assets continue to hold strong retail engagement.
Source: CoinMarketCap
At the time of writing, among smaller-cap tokens, Pepe [PEPE] led with a 24.04% weekly surge, the largest gain on the chart, accompanied by $821 million in volume — a sign of renewed trader interest.
Pudgy Penguins [PENGU] followed with a 14.15% increase, suggesting a breakout week for the NFT-linked token.
Bonk [BONK], dogwifhat [WIF], and Floki [FLOKI] all logged solid weekly gains. Notably, WIF’s market cap closed in on $500 million with nearly $214 million in volume, marking its growing importance within the meme ecosystem.
Meanwhile, the OFFICIAL TRUMP [TRUMP] token rose 6% on the week, despite a slight dip in daily performance, maintaining high liquidity at $569 million. It remains the highest-priced memecoin on the list at $11.
What this means for markets and regulation
With rising volumes in DOGE, BONK, and PEPE, market watchers anticipate the launch of memecoin-themed ETFs. Traders increasingly view these tokens as high-risk, high-reward assets that enhance portfolios during bullish cycles.
The SEC recently classified memecoins as digital collectibles rather than securities, easing regulatory concerns. However, there is still scrutiny over influencer promotions and liquidity manipulation.
As institutional investment grows and retail enthusiasm continues, memecoins may need to evolve into transparent, community-focused assets.
The coming months will reveal if they can combine cultural popularity with financial credibility in this newly legitimized space.
