Memecoin Market Spikes 20% Despite Holidays

The meme coin market is once again getting the limelight as a part of the latest crypto rebound. In this respect, $PEPE, $USELESS, and $MOG have emerged as the leading meme coins based on the 7-day performance. As per the data from Santiment, this development denotes the commencement of a new crypto rally at the beginning of the year 2026. Keeping this in view, the market participants are closely watching for the key catalysts that can drive the market-wide recovery spree.

Meme Coin Market Surpasses $45.3B with 20.79% Weekly Jump

In line with the market data, the market capitalization of the meme coin sector has jumped by 20.79% over the past seven days, hitting $45.3B. In addition to this, the 7-day volume of this landscape has touched $5,690,050,419 after a 265.95%. At the same time, the list of performers in the meme coin sector takes into account $PEPE in the top position. Specifically, the meme coin has jumped by staggering 54% over the week.

Subsequently, $USELESS has occupied the 2nd spot among the top weekly gainers. Thus, the meme coin has recorded a 54% increase. Following that, getting the 3rd position, $MOG has gone through a 38% surge. Taking the next position, $DOG has become the 4th top meme coin, with its 7-day performance showing a 36% spike.

Retail Optimism Resurges, Triggering Speculation of Early-Year Crypto Rally

According to Santiment, $BONK is the 5th among the past week’s prominent meme tokens. Hence, it has experienced a 34% price increase over these seven days. Ultimately, concluding the list of top meme coin gainers, $FLOKI has seen a 33% hike. Overall, this bounce started just after the peak of FUD in the retail market following Christmas. Therefore, while the traders are expressing massive optimism, this could prove to be the start of an exclusive crypto bull rally in the early phase of 2025.