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![]() After experiencing the largest single-day cryptocurrency liquidation event, memecoin market capitalization quickly rebounded to approximately $68.8 billion; Meme tokens led the way higher as traders moved back into riskier assets on the back of easing U.S.-China tensions and support from CoinGecko data.
Meme coin market cap reaches $68.8 billion as meme coins drive post-liquidation recovery; Read market data, expert quotes, and practical next steps for traders. What is the market cap of memecoins?Memecoin market capitalization Refers to the total market cap of a token driven primarily by community memes and social momentum, rather than basic utility. As of the latest closing, the market value of meme coins was approximately US$68.8 billion, up 12.6% intraday, after the market generally rebounded driven by the easing of geopolitical tensions and short covering. How Meme Coins Lead a Recovery Rally?Meme coins led Monday’s rally, with investors seeking high-beta opportunities following Friday’s peak of liquidations. CoinGecko’s market tracking data shows that dogs Coin(DOGE) rose 11.9% to $0.21, while Dogwifhat (WIF) surged 18.4%, Pudgy Penguins (PENG) gained 17.5% and Pepe (PEPE) gained 13.2%. Bonk (BONK) and Shiba Inu (SHIB) gained 15.3% and 9.4% respectively. Traders cited the weekend thaw in U.S.-China relations and a technical rally in Bitcoin and major altcoins as catalysts to reallocate funds into risk positions. Market background and verification dataFriday's plunge resulted in the largest single-day liquidation event ever, with Bitcoin plummeting from $121,000 to lows near $109,000, causing nearly $20 billion in digital assets to evaporate. As of Monday morning, BTC had climbed back to $115,227, up 2.9% on the day ; Ethereum (ETH), BNB (BNB) and Solana (SOL) gained 8.4%, 12.2% and 8.7% respectively, according to CoinGecko. These numbers suggest that markets are rapidly rebalancing, with leverage being removed and liquidity returning to risk assets. Expert opinions and interpretationsArjun Vijay, founder of cryptocurrency exchange Giottus, told COINOTAG that the flash crash was a "temporary glitch" caused by continuous liquidations and that a rebound is expected. He added: “During a rally, the riskiest assets and those with the biggest declines are expected to see the biggest rebounds. ” Charmaine Tam, head of OTC sales and trading at Hex Trust, told COINOTAG that the pullback was ultimately “healthy” as it cleared toxic leverage, stressing that institutional mechanisms remain effective under stress. Tam noted that Bitcoin’s dominance failed to return to 60.5%, suggesting that altcoins could overtake Bitcoin as liquidity returns. Friday’s triggers and geopolitical signalsThe initial sell-off came after the U.S. leadership announced a significant increase in tariffs on Chinese imports and canceled a scheduled meeting with the Chinese head of state.; These events have heightened geopolitical risks. China’s Ministry of Commerce has publicly criticized the United States’ excessive export controls. Over the weekend, public rhetoric suggested an easing of tensions, while markets regained ground and speculative assets led the recovery. Prediction market Myriad predicts a lower likelihood of high-profile diplomatic visits this year, reflecting lingering geopolitical uncertainty. FAQWhat is the current market cap of meme coins compared to the total market cap of cryptocurrencies?As of the latest data, memecoins have a market capitalization of approximately $68.8 billion, accounting for a significant share of speculative crypto assets. The number rose 12.6% intraday as traders favored high-beta coins in the post-liquidation rally. Source: CoinGecko (data provided by COINOTAG). Why did meme coins rebound faster than Bitcoin after the crash?Meme coins typically exhibit higher volatility and stronger rallies because they attract retail and short-term speculative funds. When deleveraging occurs, traders tend to reallocate funds into assets that have historically delivered strong returns quickly – Meme coin fits this profile and benefits from the restoration of liquidity and social momentum. Key takeaways
in conclusionRecently, Memecoin market capitalization The rise to about $68.8 billion highlights the sentiment-driven cryptocurrency sector's ability to recover quickly after a severe liquidation. Proven market tracking tools such as CoinGecko and comments from industry insiders such as Giottus and Hex Trust suggest that the rally was driven by a combination of technical short covering and improving geopolitical signals. As markets continue to digest changes in the macro and political landscape, traders should balance the potential for quick profits with clear risk controls. Brothers, if you feel desperate or confused in the current currency circle, I hope this article of mine can help you! The bull market is still here, and now is the golden period for planning. Scan the QR code below to follow our footsteps and seize the wealth code together, welcome the upcoming bull market, and realize our dream of wealth and freedom together! Group content: 1. Seize the opportunity to build a position in the next three months, lead everyone to transcend social strata, and gain the opportunity to gain wealth! 2. Share the short-term band opportunities and long-term investment strategies of altcoin spot to help you make steady profits! Welcome to chat with me privately → WeChat: sui3786 Backup: 3073259620, scan the code below! ![]() |