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

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

CoinspeakerCoinspeaker2026/01/06 12:51
By:Coinspeaker

PEPE PEPE $0.000007 24h volatility: 1.3% Market cap: $2.88 B Vol. 24h: $899.73 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: 4.3% Market cap: $1.07 B Vol. 24h: $556.53 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.

PEPE Jumps 67% in One Week as Meme Coin Sector Adds $17 Billion in Value image 0

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 $27.16 24h volatility: 4.1% Market cap: $6.48 B Vol. 24h: $298.89 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.

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: $390.89 B Vol. 24h: $26.91 B at a $488,000 loss.

 

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.

 

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: $1.81 B gained 20.9% on the week, while Shiba Inu SHIB $0.000009 24h volatility: 7.0% Market cap: $5.49 B Vol. 24h: $469.59 M added 29%.

PEPE funding rates on perpetual contracts sat at 0.0100%, a reading that usually reflects bullish sentiment among leveraged traders.

As a Web3 marketing strategist and former CMO of DuckDAO, Zoran Spirkovski translates complex crypto concepts into compelling narratives that drive growth. With a background in crypto journalism, he excels in developing go-to-market strategies for DeFi, L2, and GameFi projects.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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