Memecoin Market Cap Surges 23% as Crypto Traders Return in New Year
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Market Recovery: As the new year begins, crypto traders have returned, driving the memecoin market capitalization up over 23% in the past week, rising from $38 billion on December 29 to $47.7 billion, indicating a resurgence in investor risk appetite.
- Surge in Trading Volume: The trading volume for memecoins has also skyrocketed, jumping from $2.17 billion on December 29 to $8.7 billion on Monday, representing a 300% increase, which signifies a notable uptick in market activity.
- Top Coins Performance: Among the leading memecoins, Dogecoin (DOGE) gained over 20% in the last seven days, Shiba Inu (SHIB) rose by 19.9%, and Pepe (PEPE) surged over 65%, reflecting strong investor interest in these assets.
- Improved Market Sentiment: According to the CoinMarketCap Crypto Fear and Greed Index, market sentiment flipped to neutral on Sunday with a score of 40, marking a recovery in investor confidence that may signal a broader rebound in the crypto market.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







