Viewpoint: Widespread Meme Coin Recovery Represents Market Risk Appetite Rebound

BlockBeats News, January 5th, according to Cointelegraph, after entering 2026, funds have flowed back into the Meme coin track, driving the market value of related tokens up by over 23% in the past week. CoinMarketCap data shows that the total market value of Meme coins has rebounded from around $380 billion on December 29th to over $477 billion. During the same period, Dogecoin and Shiba Inu rose by over 20% and 19.9% respectively, Pepe surged by over 65%, and the trading volume expanded from around $21.7 billion to $87 billion, an increase of about 300%.

Analysis believes that Meme coins are usually seen as high-risk assets, and their leading strength often reflects a warming market risk appetite. Santiment pointed out that this round of rebound occurred after the retail investor sentiment was most pessimistic, aligning with the historical characteristics of the market's "reverse rally." Some traders further believe that if the strength of Meme coins continues, funds may gradually spill over to other altcoin sectors, with the Solana ecosystem possibly becoming the primary beneficiary.