Best Meme Coins Live News Today: Latest Opportunities & Updates (July 16)

On July 16, 2025, with Bitcoin exceeding $122,000, meme coins are attracting traders seeking quick profits due to their potential for high returns. Ethereum is recovering, up 20% this past month to $3,100, while Bitcoin has retraced to $117,800 after hitting a $123,000 high. Meme coins like $PENGU, $SPX, and $BONK are among the top performers in the last 90 days, and trading volume for the meme coin sector is up 145% this past month. Specifically, $PENGU has rallied 117.57% and $PEPE is up over 28% this week. This is driven by Bitcoin's rise, retail interest, social media buzz and whale activity.