#MEMECOİN As of mid-February 2026, the **meme coin market** shows mixed conditions with a total market cap around **$31-36 billion**, down significantly (e.g., -34% in recent 30 days for some analyses) from late-2024 peaks, reflecting capitulation and bearish sentiment after hype cycles. However, speculative activity persists, with selective pumps in low-to-mid cap tokens amid broader crypto volatility.$DOGE
**Dogecoin (DOGE)** leads as the dominant player (~$17B cap, price ~$0.10), holding over 50% of the sector, though facing recent dips (e.g., -7-8% in spots) but with bullish holder signals like rising active addresses.
**Shiba Inu (SHIB)** trades around **$0.0000065-0.0000066** (~$3.8-3.9B cap), stable but down slightly.$SHIB
**Pepe (PEPE)** hovers near **$0.0000044-0.0000045** (~$1.8-2B cap), in a downtrend with selling pressure.
Hot performers include **PIPPIN** (surging 142% weekly to ~$0.63-0.69), **Mubarak**, and others like **Comedian (BAN)** (+30%), driven by breakout momentum and inflows.$PIPPIN
Overall, activity is rotational and high-risk—extreme bearish sentiment often signals bottoms, but volatility remains extreme with fewer broad rallies expected in 2026 compared to prior years. Trade cautiously.