#数字资产动态追踪 The Meme coin wave is coming in strong.

Recently, opening the market charts, it’s truly eye-opening—the Meme sector, which had been silent for more than half a year, suddenly exploded. $PEPE surged 65% in a week, while $DOGE and $SHIB easily broke through 20% gains. The entire sector’s market cap has surged to around $47.7 billion. Trading activity is even more outrageous, with 24-hour trading volume jumping from 2.1 billion to 8.7 billion, multiple times higher.

This is not an accidental fluctuation; it’s a clear signal that market risk appetite is truly awakening. Remember the end of last year? The crypto market was shrouded in extreme pessimism, with the Fear and Greed Index dropping to 10, and everyone trembling over mainstream coins. Now, however, high-volatility, emotion-driven assets like Meme coins are the first to rebound. What does this indicate? Retail investors are starting to find bottom prices attractive and are willing to put real money on the line for high returns. Meme coins act like a market barometer—only when everyone’s psychological expectations improve will they dare to touch such volatile and risky assets.

Friends around me who sold off in panic recently are now asking about PEPE’s future potential, and discussion in communities has reignited. This scene is very similar to the prelude to the 2024 bull market—it's not just a single coin performing solo, but the entire sector rising together, even small-cap Meme coins benefiting. Signs of capital inflow are clearly visible on the charts.

But honestly, Meme coins lack fundamental support. The faster they rise, the harder they fall. Those chasing high might end up stuck holding the bag. However, from a macro perspective, this rebound is indeed a positive signal—market sentiment is gradually emerging from pessimism, and risk appetite is slowly recovering. The key question now is whether capital will flow out from the hot Meme sector into other altcoins. Once sector rotation takes shape, the crypto market will become much more interesting.