Meme coin market value increased by over 23% in a week, trading volume surged by 300%

In 2026, meme coins made a strong rebound, with the market capitalization soaring from $38 billion on December 29 last year to $47.7 billion this Monday, an increase of over 23%. Trading volume surged from $2.17 billion to $8.7 billion during the same period, a growth of 300%.

Major coins performed well: Dogecoin rose over 20%, Shiba Inu increased by 19.9%, and Pepe skyrocketed by more than 65%. Previously, meme coins had plummeted by 65% to a low of $35 billion in 2025.

Analysts believe the rebound began after retail traders' FUD sentiment peaked, indicating a resurgence in investors' risk appetite. Traders expect altcoins to follow the upward trend, with Solana being the primary ecosystem for Memecoin likely to benefit the most. In contrast, the overall crypto market only rose by 5%, with BTC increasing by 5% to $92,300 and ETH rising by 7.3% to $3,168.