Meme coins are once again outshining the broader crypto market, fueled by renewed investor risk appetite and viral momentum. As retail traders re-enter the space, tokens like PEPE, WIF, FLOKI, BONK, and FARTCOIN are posting double-digit gains and soaring trading volumes.
This meme coin resurgence marks a shift in sentiment after a period of cooling off that followed President Donald Trump’s January inauguration. At the time, speculative demand weakened, leading to sharp corrections across the high-risk sector.
Now, as the overall crypto market rallies, meme coins are leading the charge. According to CoinGecko, Pepe (PEPE) surged 11.6% in the last 24 hours, with trading volume exceeding $2.3 billion. Dogwifhat (WIF), a Solana-based meme token, climbed 11.4%, while Floki (FLOKI) and Bonk (BONK) posted gains of 9.4% and 10.4%, respectively. Fartcoin (FARTCOIN), another notable meme token, also spiked 10.7%, underscoring growing enthusiasm across the sector.
The comeback aligns with Bitcoin’s rally toward all-time highs. BTC recently traded above $106,000, driven by increased inflows into spot Bitcoin ETFs and improving macro sentiment. Analysts at QCP Capital note that digital assets are primed for further upside, citing rising passive flows and revived inflation concerns.
While meme coins are often dismissed as purely speculative, their performance reflects the broader market’s risk-on mood. As capital returns to crypto, meme tokens—buoyed by community hype and social media virality—are reestablishing their place in the spotlight. This renewed momentum suggests traders are once again embracing high-risk, high-reward opportunities, positioning meme coins as key players in the current crypto cycle.
