Dogecoin, SHIB, and PEPE Lead Meme Coin Outperformance

[cryptoenthusiast]

The rally is being driven by both legacy and newer meme coins. Over the past week, Dogecoin has gained roughly 20%, Shiba Inu is up nearly 19%, and Pepe has surged more than 65%, according to CoinGecko data.

Notably, the strength is not limited to top-ranked assets. Several smaller meme coins have posted double-digit gains, pushing many into CoinGecko’s top gainers list. Analysts argue this breadth is a classic sign of speculative momentum returning, often associated with increased retail participation rather than isolated, fundamentals-driven moves.

[madmax]

not saying this cant go higher, just saying this is how fomo usually starts