Dogecoin, Shiba Inu Jump 20% In 7 Days: Is The 'Quarter Of Meme Coins' Coming?
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The meme coin sector is experiencing a revival, with a 7% increase in market capitalization, reaching $52.4 billion. Tokens like Pepe, Floki, and Bonk have surged over 65% since the start of the year, while Dogecoin and Shiba Inu gained about 20%. Crypto trader Unipcs predicts a momentum rotation phase, suggesting gradual accumulation for new investors. Historical trends indicate that significant daily moves in large-cap meme coins often lead to gains in smaller-cap coins. Meme coin valuations have risen by over $10 billion since January 1, indicating potential for further growth in Q1.
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