PEPE, DOGE Surge as Memecoins Pump $8B+ in Market Cap—Is This the Start of Memecoin Mania?

Memecoins are back with a vengeance—and they're dragging billions into the space overnight.

PEPE and DOGE lead the charge, posting double-digit gains as the broader memecoin category adds over $8 billion to its total market capitalization in a matter of days. Retail traders are piling in, social sentiment is exploding, and the charts are painting a familiar, parabolic picture.

The Frogs and Dogs Are Running the Show

It's not just a couple of outliers. The entire speculative corner of crypto is waking up. Trading volumes for these joke-turned-assets have spiked, liquidity is deepening, and the fear of missing out is becoming palpable across forums and timelines.

The move suggests a renewed appetite for high-risk, high-reward bets, often a leading indicator of shifting market psychology. When capital flows this aggressively into the most speculative assets, it typically signals that investors are hunting for momentum—anywhere they can find it.

More Than Just a Pump?

Critics will call it a symptom of a frothy market, a sign that fundamentals have taken a backseat to memes and momentum. And they might have a point—after all, this is a sector where a cartoon frog can outperform serious layer-1 protocols in a week.

But the sheer scale of the inflow can't be ignored. Eight billion dollars doesn't move on a whim. It represents a collective bet, however reckless, on a specific narrative: that the memecoin cycle is just getting started.

Whether this is the beginning of a sustained mania or a spectacular blow-off top remains to be seen. One thing's certain: when the dogs and frogs start barking, the whole market listens. Just remember—what goes up on hype often comes down twice as fast. Consider that your free, cynical finance jab for the day.

Memecoins are back in focus as the crypto markets begin to thrive soon after the start of the year. Over the last 24 hours, the memecoin market added more than $8 billion in value, with several popular tokens, like PEPE and DOGE, posting double-digit gains. This shows that market confidence is improving and traders are willing to speculate again. With this, the possibility of a memecoin mania has emerged, which may further push the altcoins harder as well. 

Dogecoin Price Preparing for a Massive Upswing

Dogecoin is back in focus as memecoins regain momentum across the market. DOGE is trading near $0.142, posting a strong weekly bounce after weeks of consolidation. With risk appetite improving and Bitcoin holding key levels, traders are now watching whether Dogecoin can hold its long-term support and build a base for a larger move. The weekly chart highlights the Doge price attempting to secure levels above the multi-year trend line. A bullish move could be imminent if the token materialises this move. 

On the weekly chart, Doge is holding above a key demand zone around $0.10–$0.12, supported by a rising long-term trendline. Price remains below major Fibonacci resistance levels, with $0.21 (0.236) and $0.32 (0.382) acting as upside hurdles. The weekly RSI displays bullish divergence that suggests the rally is gaining momentum, while the weekly MACD shows a drop in selling pressure. Moreover, the levels are heading for a bullish crossover that may help the token to reach local highs above $0.2. 

Pepe Price Enters a Strong Bullish Range

The Pepe Price broke above the consolidation and surged by more than 50% in the past couple of days. The price is trading near $0.00000598, attempting to rebound after a prolonged downtrend. The recent bounce comes with a noticeable increase in volume, suggesting short-term buying interest. With risk appetite improving, traders are now watching whether PEPE can reclaim key resistance levels or if this move remains a temporary relief rally.

On the daily chart, PEPE has bounced from a strong demand zone around $0.0000050–$0.0000055, an area that previously acted as support. Price is still below the Supertrend resistance, keeping the broader trend cautious. However, the sharp volume spike and rising Accumulation/Distribution line suggest active buying at lower levels. Immediate resistance sits near $0.0000065, while failure to hold above $0.0000055 WOULD weaken the recovery and reopen downside risk.

What to Expect from DOGE & PEPE This Month

The recent memecoin rebound—with Dogecoin, PEPE, BONK, SHIB and others all posting double-digit gains—shows risk appetite has returned to speculative segments. For this month, traders should expect continued volatility rather than a clear, sustained mania. If Bitcoin stays stable and liquidity remains supportive, these high-beta assets can extend upside—especially near breakout and volume confirmation levels. 

However, meme coins historically MOVE fast both ways, and this move still lacks broader structural support, meaning any sharp shift in BTC or sentiment could unwind gains quickly. In other words, we may be seeing a speculative bounce and rotation, not yet a full-blown “memecoin mania.”