Analysis: The MEME coin sector has rebounded nearly 20% in the past month, with a total market capitalization rising to 34 billion USD

By: rootdata|2026/04/23 13:09:43
0
Share
copy

According to DL News, data from CoinMarketCap shows that the MEME coin sector has risen nearly 20% in the past month, with a total market capitalization increasing to $34 billion, but it is still down about 75% from its peak of nearly $140 billion in December 2024.

Analysts say that this round of rebound is mainly driven by improved risk appetite, increased on-chain speculation, and significant gains in a few leading tokens, which may not fully reflect the overall health of the sector. Dogecoin remains the MEME coin with the highest market capitalization and trading volume, but it has fallen 87% from its peak in 2021. In addition, the SEC and CFTC recently proposed a classification framework for five types of tokens, categorizing meme coins as collectibles; Canary Capital has also submitted a Pepe ETF application to the SEC.

You may also like

Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S

July 5 Market Important Events Overview

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy

Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

Strategy Founder: The Next 10 Years of Bitcoin

In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...

Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet

Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com