Memecoin Market Revives, Reaching $44.6 Billion in Value
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Market Revival: After weeks of lackluster performance, the memecoin market's value has rebounded from $36 billion to $44.6 billion, indicating a renewed influx of speculative capital and enhanced market participation.
- Surge in Trading Volume: The memecoin market has seen a trading volume increase of over 17%, with daily trades reaching $4.75 billion, which not only reflects genuine market engagement but also suggests a restoration of investor confidence in the sector.
- Major Coins Leading the Rally: Bonk has surged approximately 28% in the past week with a solid daily trading volume of $131 million, indicating sustained investor interest, while Shiba Inu's market cap exceeding $5 billion further supports market stability.
- Rising Institutional Interest: Increased institutional interest in spot Ethereum ETFs in the U.S. has positively influenced overall risk appetites, encouraging retail investors to adopt bolder strategies, potentially signaling broader market shifts beyond mere speculation.
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.








