Memecoin market cap increased by 23% week-over-week, trading volume surged by 300%

PANews January 5 News, according to Cointelegraph, as 2026 begins, the Memecoin sector has rebounded strongly, with the overall market capitalization increasing by 23% over the past week, rising from $38 billion on December 29 of last year to $47.7 billion in early January. During the same period, trading volume surged from $2.17 billion to $8.7 billion, a 300% increase. DOGE and SHIB each rose over 20% and 19.9%, respectively, while PEPE’s increase exceeded 65%. Analysts believe that the strong comeback of Memecoin reflects a rebound in market risk appetite, which may drive other altcoins higher, with Solana potentially being one of the beneficiaries.