Meme Coin Mania: MANEKI Soars 333% as MIM and SHIB Gain Momentum – Are These Tokens Worth Watching?
As the broader cryptocurrency market stabilizes, meme coins are stealing the spotlight with wild rallies and high volatility, proving once again that community-driven tokens are anything but predictable.
Leading the charge is MANEKI, a cat-themed meme coin that surged a staggering 333%, drawing attention from both casual traders and seasoned investors. This unexpected rise comes as the rest of the crypto market remains relatively flat, with Bitcoin and Ethereum showing little movement.
MANEKI: The Surprise Standout
Launched in April 2024, MANEKI has quickly clawed its way into meme coin relevance. With a circulating supply of 8.85 billion tokens and a fully diluted valuation (FDV) of $38.45 million, the coin is now trading at $0.0043. Over the past 24 hours alone, it has gained more than 30%, nearing its critical resistance level of $0.0047.
If the coin manages to break through this ceiling, analysts suggest it could climb to $0.0055. However, a failure to maintain upward momentum could send the price tumbling back to $0.0036, or even as low as $0.0022, invalidating the current bullish sentiment.
MIM: Bitcoin-Based Meme Coin Draws Interest
MAGIC•INTERNET•MONEY (MIM), which launched in February 2025, is another meme coin making headlines. With a fixed supply of 21 billion tokens and an FDV of $65.54 million, MIM is positioning itself as a light-hearted yet speculative play on Bitcoin's legacy.
Trading at $0.003026, MIM has gained 64% over the past week, thanks to early rallies despite recent pullbacks. As meme coins begin expanding into different blockchains, MIM stands out for its roots in the Bitcoin ecosystem — a rare trait among meme tokens.
Should bullish momentum return, MIM could push toward $0.004000. However, in typical meme coin fashion, price swings are unpredictable, and a wave of profit-taking could bring the token back to $0.00200.
Shiba Inu (SHIB): Momentum Stalls Amid Falling Burn Rate
Veteran meme coin Shiba Inu (SHIB) is also in the spotlight, though for less celebratory reasons. Despite maintaining a massive circulating supply of 589.2 trillion tokens, SHIB’s burn rate has plummeted by 98% in the past 24 hours, significantly curbing its chances of a strong recovery.
Currently trading at $0.00001189, SHIB remains just above its key support level of $0.00001141. The next resistance lies at $0.00001252—a crucial threshold that, if broken, could invalidate its current bearish-neutral outlook.
Without an increase in token burns or a significant market catalyst, SHIB may continue to trade sideways, reflecting investor hesitation.