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#CryptoMarketBouncesBack
Pepe Leads Memecoin Recovery with 7% Rise
The frog-themed cryptocurrency Pepe (PEPE) led the rise in the memecoin market on Sunday, alongside the overall market recovery.
The Ethereum-based Pepe gained approximately 7% in the last 24 hours, placing it at the top among high-volume meme tokens. During the same period, PEPE's trading volume increased by 57% to $328 million, creating strong buying pressure in the market.
Solana-based Bonk (BONK) rose 6.13% in the last 24 hours. NFT-focused Pudgy Penguins (PENGU) increased by 4.42%, while Dogecoin (DOGE), the world's largest memecoin by market capitalization and daily volume, rose 4.14%.
Shiba Inu (SHIB) also joined this momentum with a 3.78% increase in the last 24 hours.
The total value of the Memecoin market increased by 1.98% in the last 24 hours, reaching $31.88 billion. However, total trading volume decreased by 9.87%.
In 2026, investors in the Memecoin market wiped out over $6 billion in assets. This loss further deepened the sector's sharp 60% decline since last year.
Sunday's rise was part of a general market relief rally, with major crypto assets like Bitcoin (BTC) surpassing the $74,000 level for the first time in nearly six weeks.
$PEPE $BONK $PENGU