Meme coins have experienced a fierce surge this week. In just seven days, the total market capitalization of the entire sector jumped from $38 billion to $47.7 billion, an increase of over 23%, with trading activity exploding—volume surged by 300%.
Looking specifically at the performance of major mainstream meme coins: Dogecoin soared over 20%, Shiba Inu followed closely with a 19.9% increase, and Pepe was even more outrageous, skyrocketing over 65%. This kind of increase, when compared to the overall crypto market, is even more incredible—while the market as a whole only rose 5%, the meme coin sector is standing out.
In terms of trading activity and capital flow, market enthusiasm for these community-driven assets is indeed warming up. Is this a cyclical recovery in market sentiment, or are new narratives driving the trend? How this cycle unfolds remains to be seen.
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ImpermanentPhilosopher
· 01-07 21:27
Pepe is on fire this time, soaring 65% directly, my friends are all疯狂fomo
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Wait, is this another sign of a new round of chopping leeks? History always repeats itself
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300% trading volume surge, just hearing about it sounds outrageous, be careful of the bagholders
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Community-driven? Basically, it's retail investors banding together to gamble, whoever ends up holding the bag is doomed
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Doge and Shib are still fighting for traffic, why is Pepe so fierce?
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A 23% increase looks satisfying, but I care more about how hard it can fall when it drops
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Another cycle is coming, is it time to cut a wave? Something feels off
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This kind of market is where the most gambling-oriented people make money the fastest, but the risks are also the greatest, right
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LiquidationHunter
· 01-07 10:31
Pepe up 65%? How many people are going to buy in? Feels like another round of getting chopped up.
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SandwichVictim
· 01-06 06:16
pepe this wave is unreasonable, 65% directly takes off
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MeaninglessGwei
· 01-05 07:54
Is it really true that Pepe has increased by 65%? Someone must be pushing it behind the scenes.
Meme coins have experienced a fierce surge this week. In just seven days, the total market capitalization of the entire sector jumped from $38 billion to $47.7 billion, an increase of over 23%, with trading activity exploding—volume surged by 300%.
Looking specifically at the performance of major mainstream meme coins: Dogecoin soared over 20%, Shiba Inu followed closely with a 19.9% increase, and Pepe was even more outrageous, skyrocketing over 65%. This kind of increase, when compared to the overall crypto market, is even more incredible—while the market as a whole only rose 5%, the meme coin sector is standing out.
In terms of trading activity and capital flow, market enthusiasm for these community-driven assets is indeed warming up. Is this a cyclical recovery in market sentiment, or are new narratives driving the trend? How this cycle unfolds remains to be seen.