Memecoins experienced a late Monday surge, driven by renewed investor interest in speculative assets amidst a broader cryptocurrency market rally. This recent uptick helped the sector recover some of the losses sustained during the "Black Friday" sell-offs.
The largest gains were recorded by several prominent memecoins:
Memecoin | Platform | Gain (in 24h) | Price (Recorded at 12:20 a.m. ET) |
Dogwifhat (WIF) | Solana | +6.67% | $0.5871 |
Bonk (BONK) | Solana | +5.71% | $0.00001623 |
Floki (FLOKI) | Ethereum | +2.61% | $0.00007483 |
Pepe (PEPE) | Ethereum | +2.03% | $0.000007651 |
Shiba Inu (SHIB) | +1.75% | $0.00001084 |
Overall, the memecoin market capitalization increased by 0.71% to $60.66 billion in the last 24 hours, though meme heavyweight Dogecoin (DOGE) was largely unchanged.
The recent rally follows a challenging period for the sector. Memecoins were severely impacted by Friday’s sell-offs, which wiped out an estimated $16 billion in investor wealth. Furthermore, the overall market value of memecoins has nearly halved from its peak of $115 billion at the start of the year.
The memecoin rebound aligns with a broader market recovery. While Bitcoin (BTC) paused after its Sunday rally, Ethereum (ETH) maintained its positive momentum, contributing to the favorable environment for speculative assets.
October 2025, Cryptoniteuae