Odaily Planet Daily News: Entering 2026, capital has flowed back into the Meme coin sector, pushing the market value of related tokens to rise by over 23% in the past week. According to CoinMarketCap data, the total market value of Meme coins has rebounded from approximately $38 billion on December 29 to over $47.7 billion. During the same period, Dogecoin and Shiba Inu increased by more than 20% and 19.9%, respectively, while Pepe surged by over 65%. The trading volume also expanded from about $2.17 billion to $8.7 billion, an increase of approximately 300%.
The analysis suggests that Meme coins are typically viewed as high-risk assets, and their early strength often reflects a warming of market risk appetite. Santiment noted that this rebound has occurred after a period of extreme pessimism among retail investors, aligning with the market's historical tendency to move in a contrarian manner. Some traders further believe that if the strength of Meme coins continues, capital may gradually spill over into other altcoin sectors, with the Solana ecosystem potentially becoming a major beneficiary. (Cointelegraph)