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Ethereum Meme Coins See Gains as Bullski Presale Advances Through Rungs

Ethereum meme coins recorded a strong weekly performance, led by tokens like SHIB, PEPE, and FLOKI, while the ERC-20 presale token Bullski continued through its multi-stage sale.
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Ethereum Meme Coins See Gains as Bullski Presale Advances Through Rungs

Ethereum Meme Sector Overview

Ethereum-based meme tokens experienced a strong seven-day period. On August 21, 2026, Ethereum (ETH) traded at $2,321.55 following a 22.6% weekly gain, while the overall meme sector across all chains reached a market capitalization of $29.38 billion. Established meme tokens such as Shiba Inu (SHIB), Pepe (PEPE), and Floki (FLOKI) operate as ERC-20 tokens on the Ethereum network, allowing them to be held in the same wallet alongside other ERC-20 assets.

Performance of Top Ethereum Meme Coins

Listed market assets on the Ethereum network showed notable daily and weekly price movements:

  • Shiba Inu (SHIB): Traded at $0.00000493 with a market capitalization of $2.91 billion, marking a 4.3% daily increase and a 10.7% weekly gain. SHIB circulates approximately 589 trillion tokens and trades 94.3% below its October 2021 record high.
  • Pepe (PEPE): Reached $0.00000321 for a $1.35 billion market capitalization, up 10.3% on the day and 19.4% over the week. PEPE circulates roughly 420 trillion tokens and sits 88.5% below its December 2024 peak.
  • Floki (FLOKI): Recorded a price of $0.00002338 and a market value of $0.23 billion, reflecting a 4.5% daily increase and a 13.7% weekly rise. FLOKI trades 93.2% below its all-time high.

Bullski ($BULLSKI) Presale Progress

Unlike exchange-listed tokens, the ERC-20 token Bullski ($BULLSKI) operates via a structured, multi-stage presale rather than an open market order book. The project features 16 priced steps leading toward a planned listing reference of $0.0025.

Stage 1 of the sale closed at $0.00001 after taking its full allocation of 1,192,283,023 tokens. On August 21, 2026, Stage 2 offered tokens at $0.000015, with 90,084,124 tokens taken out of a 1,400,000,000 allocation. Stage 3 is published at $0.00002. Presale stages progress based on token volume rather than a fixed time clock, with each subsequent step opening only after the previous allocation sells through.

Tokenomics and Verification

Bullski features a fixed total supply of 120 billion tokens distributed across several categories:

  • Buyers: 40% (48 billion tokens) allocated to the presale.
  • Liquidity: Designated to fund the trading pool at launch.
  • Staking and Referrals: Rewards running while the sale is active.
  • Burns: Permanent reduction of the token count.
  • Marketing and Team: Small allocations, with team tokens subject to a vesting schedule.

The project's code is published and verified on Etherscan, and planned mechanisms include liquidity locks at launch and an audit in process.

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