Pepe has posted a sharp rebound, rising about 76 percent over the past week as the wider memecoin market turned positive. The move came during a period of strong gains across several well-known memecoins, drawing renewed attention to the sector.
The key question now is whether this rally reflects lasting momentum or a short-term return to speculative trading.
Pepe Breaks Out of Its Range
Pepe’s price moved higher in a short period, breaking out of a consolidation range that had held for weeks. The rally pushed the token to price levels not seen in some time.
Trading activity increased alongside the price move. Volume rose sharply, suggesting the rally was supported by active participation rather than thin liquidity. Momentum indicators also shifted upward, showing that buyers were in control during the move.
At the same time, the speed of the rise has been notable. After such a rapid advance, short pauses or pullbacks are common as the market digests gains.
Memecoins Rise Together
Pepe’s move did not happen in isolation. Data from CoinMarketCap shows that many major memecoins have recorded solid weekly gains.
Tokens such as Dogecoin, Shiba Inu, Bonk, Floki, and dogwifhat have all moved higher, pointing to broader rotation into the memecoin sector rather than a single token rally.
This broader strength is also visible at the market level. Since the start of the year, total memecoin market value has increased by nearly 30 percent, adding more than $10 billion in a short period.
Early Signs of a Shift in Market Focus
Changes are also visible in memecoin dominance within the altcoin market. After losing ground through late 2024, memecoins reached a low point in December 2025.
🔥 Memecoins are rising from the dead.
After the memecoin mania that ended in November 2024, memecoin dominance within the altcoin market continued to decline, eventually reaching a historical low in December 2025.
The last time this level was reached, it preceded the launch of… pic.twitter.com/I6Xq7ILu5a
— Darkfost (@Darkfost_Coc) January 4, 2026
Historically, similar dips in dominance have occurred before periods of stronger memecoin performance. Recently, this ratio has started to rise again as several major tokens posted strong gains.
While it is too early to define this move as a full memecoin cycle, the recent data suggests that interest in the sector is returning and spreading across multiple assets.
