Key Insights:
- The recent meme coin frenzy pushed Pepe coin price into one of the year’s most impressive rallies among large-cap meme tokens.
- If the current consolidation continues into next week, the frog-themed meme token may start testing the Point of Control on the volume profile, located around $0.00001.
- In just seven days, it added more than $11 billion to total market capitalization.
PEPE price soared by roughly 51% on the day as meme coin fever picked up, led by DOGE, SHIB, and Pepecoin.
The meme token’s price rallied from around the $0.0000040 area and ran toward $0.0000070. Once the peak was in, however, the pace slowed as early traders began taking profits.
Meanwhile, the meme coin sector has added a total of $11 billion to the cryptocurrency market cap over the last seven days.
Pepe Coin Price Records 51% Pump Over the Last 24 Hours
The recent meme coin frenzy pushed Pepe coin price into one of the year’s most impressive rallies among large-cap meme tokens. The surge of more than 51% lifted its market value to a striking $2.7 billion, making it one of the top-performing major cryptocurrencies in the early months of 2026.
Technically, the rally has brought PEPE straight into a key high-timeframe resistance zone. Bulls and bears entered into a fierce tug of war for the first time since last year’s downtrend, and as we entered into 2026, buyers managed to seize control of the trend.
The technical signals tell a similar story. The MACD turned positive during the rally but is now pulling back. The Stochastic RSI has dropped from overbought levels, showing buying pressure is easing.
On the 4-hour chart, PEPE has paused after its strong rally, with bulls optimistic to hold above recent support. Once they are successful in doing so, the meme coin could settle into a higher range as it prepares for the next leg.
If that level gives way, it would suggest the jump was more of a quick spike than the start of a lasting move.
Nonetheless, if the current consolidation continues into next week, the Pepe meme coin may start testing the Point of Control on the volume profile, located around $0.00001.
This level marks the most actively traded zone on higher timeframes and often draws price like a magnet.
Maintaining the above present levels would also suggest strong structural support. It could also pave the way for a larger continuation move, especially if momentum in the broader meme coin sector holds steady.
Meme Coin Frenzy Adds $11 Billion to Crypto Market Cap
The meme coin sector delivered one of its strongest rallies in years. In just seven days, it added more than $11 billion to total market capitalization.
Over the past week, the sector surged from around $39 billion in market capitalization to more than $50 billion. This made them the top-performing segment of the crypto market by a wide margin.
Trading activity also picked up sharply. Volumes jumped from slow holiday levels to daily figures exceeding $9 billion, reflecting renewed investor interest and market energy.
Dogecoin was a key driver of the recent resurgence. Spot inflows into DOGE investment products added about $2.3 million on January 2 and another $1.6 million on January 5. This helped restore confidence in established meme assets.
At the same time, short liquidations fueled further gains across the market as bears rushed to cover, pushing prices higher.
Source: https://www.thecoinrepublic.com/2026/01/09/pepe-coin-price-rockets-51-amid-soaring-appeal-of-meme-coins/

![Will dogwifhat [WIF] break $1.29 or stay stuck in consolidation?](https://ambcrypto.com/wp-content/uploads/2025/09/Erastus-2025-09-17T121713.938-min.png)
