- Pepe worth rose greater than 35% on the day because the crypto market witnessed an thrilling begin to 2026.
- There have been additionally vital beneficial properties in Bonk, Floki, and SPX6900, highlighting the resurgence of meme coin vitality.
- Speculative enthusiasm has additionally prompted worth fluctuations in prime cash Bitcoin and Ethereum.
On the time of writing, Pepe ranks because the best-performing meme coin among the many prime 100 market capitalizations.
The frog-themed token has surged a whopping 35% over the previous 24 hours, buying and selling to an intraday excessive of $0.000005667.
Notably, Pepe’s worth improve has been accompanied by a dramatic improve in buying and selling exercise.
In response to CoinMarketCap, the Ethereum-based meme coin had a 24-hour quantity of greater than $1.4 billion, a rise of a whopping 650% previously 24 hours.
Because the bull market rides greater, short-term liquidations have amplified upward strain. In response to CoinGlass knowledge, the token liquidation quantity exceeds $10 million.
Greater than $9.1 million of that is in bearish positions.
Why are Pepe’s costs hovering?
The optimism for Pepe comes amid daring predictions from James Wynn, a outstanding dealer on the HyperLiquid platform.
Wynn predicts that memecoin market capitalization might attain a staggering $69 billion by the tip of 2026.
“Again on day one when $PEPE’s market cap was $600,000, I made the decision to make it into billions. With final religion and conviction, it paid off in an enormous method,” he posted on X.
“I’m now calling on $PEPE to go from $1.7 billion to greater than $69 billion in 2026.”
That is a daring take, suggesting a possible 40-fold improve from its present stage of about $1.7 billion.
As he factors out, Pepe has the potential to reflect and even exceed what Shiba Inu did within the earlier cycle.
Pepe’s market capitalization rose to greater than $2.3 billion inside hours of Wynn’s prediction.
If this occurs, the token worth might shortly surpass the all-time excessive of $0.00002825 set in December 2024.
Wynn mentioned a mixture of technical, emotional, and general bullish components positions Pepe to remain nicely forward of any new meme coin resurgence.
He identified:
“If this bull market is not over, which I do not assume it is over but, it is extra probably in my thoughts that $PEPE will probably be on the forefront of memes as cash flows into T1 memes and correct elementary altcoins. All social metrics (a key issue for meme cash) are closely in favor of Pepe, together with exchanges utilizing it as branding for posts to extend engagement and get extra sign-ups.”
In his view, PEPE might rise additional if Shiba Inu soars to $41 billion.
Dogecoin, the highest meme coin, skyrocketed to $88 billion as its worth went parabolic, giving Pepe a simple $69 billion.
Bonk, Floki and SPX6900 grow to be prime meme coin earners
Whereas Pepe is hogging the headlines, different established meme cash are additionally serving to the sector get off to a powerful begin into 2026.
Buoyed by ongoing ecosystem improvement, Floki (FLOKI) is up 19% over the previous day.
Just like Pepe, that is accompanied by a rise in buying and selling quantity.
One other prime gainer is Bonk (BONK), a Solana-based neighborhood token.
The renewed curiosity has pushed BONK buying and selling up 15% previously 24 hours.
In the meantime, the SPX6900 (SPX), recognized for its satire on monetary markets, rose 16%.
Your entire meme coin class is off to a powerful begin to the yr, with stubby penguin, shiba inu, and dogecoin additionally boasting double-digit beneficial properties.