Opinion: The general rebound of meme coins may indicate a recovery in market risk appetite
According to ChainCatcher, as reported by Cointelegraph, after entering 2026, capital has flowed back into the Meme coin sector, driving the market capitalization of related tokens up by more than 23% over the past week. Data from CoinMarketCap shows that the total market capitalization of Meme coins has rebounded from around $38 billions on December 29 to over $47.7 billions. During the same period, Dogecoin and Shiba Inu rose by more than 20% and 19.9% respectively, Pepe surged by over 65%, and trading volume expanded from about $2.17 billions to $8.7 billions, an increase of approximately 300%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Stablecoin mechanisms make US dollar risk native to cryptocurrencies
Bloomberg analyst questions banks' concerns over stablecoin yields
