AI Tokens and Meme Coins Rally as WIF and FET Dominate Daily Gainers

The crypto market witnessed a sharp upswing on May 31, 2025, with AI-related tokens, meme coins, and Layer-2 solutions leading the rally. The day’s standout performers included Dogwifhat (WIF) and Artificial Superintelligence Alliance (FET), both experiencing double-digit gains fueled by strong volume and renewed bullish sentiment following positive legal news in the space.

🚀 WIF and FET Spark Momentum in Altcoins

• WIF surged 16.34%, reaching $0.9876, supported by a substantial $440 million in 24-hour volume.

• FET climbed 9.42% to $0.8002, leading gains among top AI tokens.

• Other notable gainers included Arbitrum (ARB) at +8.90%, Stacks (STX) at +7.24%, and Worldcoin (WLD) at +7.01%.

The surge coincided with the SEC’s dismissal of its lawsuit against Binance, a move that traders interpreted as a sign of easing regulatory tension, triggering market-wide rotation into speculative and narrative-driven tokens.

📈 Volume Leaders and Sector Trends

• AAVE topped volume charts with $387M in trades, rising 7.24% to $259.48.

• Pepe (PEPE) rallied 10.17% with $1.05B in volume, showing meme coin enthusiasm remains strong.

• Pendle (PENDLE), a synthetic yield asset, added over 10%, along with SPX6900 (SPX) and Hyperliquid (HYPE).

🔁 Market Rotation: From Majors to Narratives

The rotation of capital into mid-cap assets reflects a growing risk-on attitude, especially toward tokens with strong narratives in AI, decentralized finance, and Layer-2 scaling. The recent legal clarity and easing macro pressures have encouraged traders to re-enter riskier bets.

Top tokens like BONK, IMX, and JUP also gained over 6%, confirming that volume and narrative alignment are driving short-term breakout potential.

💬 Outlook: Is the Bull Trend Back?

As capital rotates between sectors, signs point toward sustained upside—particularly if volume and momentum continue across speculative favorites. Meme coins and AI tokens are once again at the center of the action, hinting that the next rally phase may already be underway.