PEPE, WIF Lead Meme Coin Rally as Crypto Markets Spring to Life

Meme cash are as soon as once more outperforming broader crypto markets as renewed investor urge for food drives up costs and buying and selling volumes throughout speculative belongings.

The rally marks a return of risk-on sentiment within the sector, with meme cash—typically pushed by retail enthusiasm and social media virality—outperforming many main Layer-1 tokens. 

Meme cash noticed steep corrections within the weeks following President Donald Trump’s January inauguration, as speculative urge for food cooled and momentum pale throughout the board.

Momentum is as soon as once more rebuilding as merchants dip again into the meme coin market.

Pepe (PEPE), one of many largest tokens within the meme class by market cap, has jumped 11.6% up to now 24 hours, with day by day volumes topping $2.3 billion, in keeping with CoinGecko. 

The Solana-based Dogwifhat (WIF) climbed 11.4% over the identical interval, whereas Floki (FLOKI) and Bonk (BONK) gained 9.4% and 10.4%, respectively.

Fartcoin (FARTCOIN), a widely known entrant within the class, additionally noticed a ten.7% rise, suggesting broad-based curiosity throughout the phase.

The strikes come amid a broader resurgence in crypto markets. 

Bitcoin traded above $106,000 on Sunday, close to all-time highs, whereas inflows into spot Bitcoin ETFs within the U.S. have strengthened over the previous two weeks. 

Analysts at QCP Capital mentioned in a latest notice that digital belongings are “positioned for additional upside” as passive flows into crypto merchandise improve and inflation discussions return to the fore.