Data from CoinGecko show BONK surging about 40% in a single day and more than 60% over the week. PEPE was up about 13% on the day and roughly 66% for the week. SHIB rose around 11% on the day and 21% for the week, while DOGE added about 6% on the day and 23% week-to-date. The Trump token also rose about 7% on the same day, underscoring renewed meme-driven interest.
Such gains come as analysts say the meme coin rally may reflect a shift in investor risk appetite after a lengthy downturn that began in October of the prior year. Jake Kennis, a senior researcher at Nansen, described the early-year rotation into meme coins as traders repositioning for a possible rebound after months of correction. He cautioned that while meme coins were among the hardest hit in the downturn, sustained strength will require confirmation on longer timeframes and that DOGE and PEPE remain roughly 80% below their all-time highs.
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