PEPE Jumps 67% in One Week as Meme Coin Sector Adds $17 Billion in Value

29d ago•

bullish:

bearish:

PEPE PEPE $0.000007 24h volatility: 1.2% Market cap: $2.87 B Vol. 24h: $906.60 M posted a 66.89% gain over seven days, climbing from $0.0000040 to $0.0000069 as meme coin trading activity picked up across the market. Fellow meme token BONK BONK $0.000012 24h volatility: 5.2% Market cap: $1.07 B Vol. 24h: $559.68 M added 54.6% over the same period.

PEPE’s 24-hour trading volume reached $919 million, according to CoinGecko data. The token currently trades 75% below its all-time high of $0.00002803 set in December 2024, though recent momentum has narrowed that gap.

Market capitalization climbed to $2.86 billion, placing PEPE at rank 49 among all cryptocurrencies.

BONK’s price chart.

BONK rose to $0.00001203 with 24-hour volume at $540 million. Daily trading volume peaked at $760 million on Jan. 4 before settling to $540 million on Jan. 6, still more than twelve times the $43 million recorded on Dec. 31.

BONK remains 79% below its November 2024 all-time high. The token is recognized as Solana’s flagship dog meme with deep liquidity across major exchanges.

Whale Activity and Technical Outlook

James Wynn, a trader with a documented history of large meme coin bets, holds a $3.11 million PEPE position at 10x leverage on HyperLiquid HYPE $27.22 24h volatility: 4.3% Market cap: $6.49 B Vol. 24h: $298.37 M .

The position showed unrealized gains exceeding $545,000, a 212% return on margin.

Wynn also maintains a $16.26 million BTC long, bringing his combined exposure to $19.4 million with total floating profit above $842,000.

Added a couple of nickels to my $BTC and $PEPE long. Feeling risk on.

Apparently fortune favors the brave @cryptocom?

– $WYNN pic.twitter.com/ge2U7f8m3g

— James Wynn (@JamesWynnReal) January 5, 2026

Not all whale activity centered on Wynn. OnchainLens flagged a separate trader whose 3x long position accumulated more than $2 million in unrealized gains after selling Ethereum ETH $3 238 24h volatility: 2.2% Market cap: $390.82 B Vol. 24h: $26.86 B at a $488,000 loss.

With $PEPE showing bullish signs, a whale opened a $PEPE (3x) long position 2 days ago and now has a floating profit of over $2M.

Previously, this whale traded $ETH and closed with a loss of $488,069.https://t.co/wsAvGBtCie pic.twitter.com/0ycX355KKz

— Onchain Lens (@OnchainLens) January 4, 2026

On the technical side, analyst NFTdavie noted PEPE bounced cleanly off upper resistance and identified $0.000010 as the next target, a level that would eliminate one zero from the token’s price.

Rapid Fire Charts: $PEPE $PEPE continues to look strong and is doing exactly what you want to see, a clean bounce off the upper resistance line (white). If bullish momentum follows through, the next move is a breakout toward the target zone (green), where one zero gets eaten and… https://t.co/LmMOvEhQtI pic.twitter.com/Y1r4Lwhdla

— davie satoshi (@NFTdavie) January 6, 2026

Broader Market Conditions

Beyond individual positions, derivatives data pointed to broader risk appetite. Coinglass reported total market liquidations of $412 million over 24 hours, with shorts accounting for $331 million. The long/short ratio sat near even at 50.45% to 49.55%.

The Fear & Greed Index registered 44, up from 26 in the prior reading but still in cautious territory. Total crypto market capitalization reached $3.29 trillion, a 1.27% daily gain.

The meme coin sector has added roughly $17 billion since late December 2025, pushing total market cap to $52.77 billion with daily trading volume near $7 billion.

The rally gained momentum earlier this week when the sector crossed $47 billion, rebounding from dominance lows not seen since before the November 2024 meme run.

Dogecoin DOGE $0.15 24h volatility: 2.8% Market cap: $25.44 B Vol. 24h: $1.86 B gained 20.9% on the week, while Shiba Inu SHIB $0.000009 24h volatility: 7.2% Market cap: $5.49 B Vol. 24h: $471.71 M added 29%.