Memecoins Surge Past $38 Billion📈
#memecoins have once again outpaced Layer-1 blockchains, DeFi, and AI tokens, pushing their combined market cap above $38 billion . A 12% jump in just 24 hours. The rally highlights how culture-driven tokens continue to capture trader attention despite broader market caution.
Standout Performers:
$PEPE surged more than 30% in a single day, extending its momentum from earlier January rallies.
$PIPPIN posted nearly 200% weekly gains, crossing the $400 million market cap threshold.
POPCAT, dogwifhat (WIF) at $0.25, FARTCOIN at $0.22, and SPX6900 at $0.34 all recorded double-digit advances.
Market Context:
Recent data shows memecoin capitalization hitting $39.45 billion, its highest level in two weeks, with PEPE, BONK, and DOGE leading the charge. Analysts point to rising open interest and renewed risk appetite as signs of a possible “meme season” underway.
Community Strength vs. Volatility:
Traders emphasize the strong communities behind these tokens often the key driver of their momentum. However, caution remains: past peaks like FARTCOIN’s $2 billion high remind investors how quickly hype-driven rallies can reverse.