Memecoin Market Update: We Are So Back!
The memecoin market has exploded back to life with a vengeance. After weeks of consolidation and sideways price action, volume and enthusiasm have returned in force — and the numbers don’t lie. Over the past 24 hours, total trading volume in the memecoin sector surged a staggering 103%, reaching $10.14 billion. That’s not a typo — ten billion dollars of liquidity flushed back into the most degenerate corner of crypto.
Naturally, the market cap followed suit. The entire memecoin sector saw an 18% increase in value, pushing the total market cap to $61.59 billion. For context, this is larger than many Layer 1 ecosystems, and it’s a sign that retail — and likely some smart money — is pouring capital back into meme assets.
Large Caps Take the Lead
The move started from the top. The largest and most recognizable memecoins are finally showing signs of life, absorbing large inflows of capital and generating strong double-digit gains:
$DOGE: Up 13%, once again proving it’s the king of the meme jungle.
$SHIB: Mirrors Dogecoin with a solid +13.7% daily gain.
$PEPE: A standout performer, surging 41% as the frog army rallies hard.
$TRUMP: With political memes heating up, $TRUMP gained 15.8%, riding the wave of election-related speculation.
$BONK: Solana’s poster child added 18%, as Solana-based tokens continue to see increased activity.
These coins represent billions in combined market cap, so this kind of coordinated movement indicates broader market confidence in memecoins as a speculative play — especially when meme narratives regain traction.
Small Caps Go Nuclear
While the majors are popping, it’s the small caps where the real fireworks are happening. This is where early adopters are racking up gains of 2x and 3x in a matter of hours:
$MOODENG: Leads the charge with an eye-popping 92% daily increase.
$JOE: Another rocket, up 83%, showing strong volume support.
$LUNA by Virtuals: Gains 54%, reminding traders of just how wild the memecoin space can get.
These explosive moves are textbook meme market behavior — low market cap, strong community backing, and momentum-based trading sending prices vertical.
Not All Are Winning
Of course, not everyone is riding the green wave. A few tokens are struggling to catch the bullish momentum:
$TST: Down 5.4%, likely suffering from weak liquidity or holder fatigue.
$BOOP: Off by 2.5%, possibly a dip in attention or whale dumping.
$DADDY: A minor red candle, down 0.81%, but still holding better than most.
These losses are minor in the grand scheme of the meme market. Even in euphoria, some coins get left behind — often temporarily.
Liquidity Is King
The real story here is liquidity. With trading volume doubling in a single day, it’s clear that memecoins are once again the center of crypto’s speculative universe. Volatility is high, spreads are tightening, and FOMO is rising across X (formerly Twitter), Reddit, and Discord groups.
What happens next hinges on one thing: how high can liquidity go? If fresh capital keeps flowing in, we could see further rallies that dwarf today’s gains. Meme traders are already watching key on-chain signals and exchange data for signs of continuation.
For now, the market is green, the vibes are bullish, and memecoins are thriving. Whether you’re holding blue-chip memes like $DOGE or hunting for the next $MOODENG, one thing is clear: we are so back.
Strap in degens, it’s memeseason again.
