Memecoins outperformed Bitcoin as Dogecoin led in trade volume, before late Sunday corrections while BTC held steady.
Memecoins surged ahead of Bitcoin in recent trading sessions, with Dogecoin recording the highest activity in its category.
However, by late Sunday, several meme tokens began to correct while Bitcoin held relatively steady.
Memecoins Outperform Bitcoin in Short-Term Rally
Over the past few days, memecoins have outpaced Bitcoin and several major altcoins. Price gains across the sector drew increased trading volume and short-term speculation.
Market data shows stronger percentage moves among meme tokens compared to BTC.
The memecoins index, which includes DOGE, SHIB, PEPE, WIF, FLOKI, BONK, ORDI, 1000SATS, BOME, MEME, PEOPLE, and NEIRO, posted sharper advances during this period.
Traders rotated capital into higher-volatility assets as momentum built.
Bitcoin, by contrast, moved within a narrower range. While BTC maintained stability, meme assets attracted higher relative flows.
This divergence reflected a short-term risk-on environment.
Dogecoin Records Highest Trade Count
Among meme tokens, Dogecoin stood out in terms of transaction volume. Data shows that DOGE recorded more trades than other assets in its category during the rally.
Exchange order books reflected increased activity and liquidity. Dogecoin’s trading surge coincided with broader memecoin gains.
Retail participation appeared elevated as smaller-cap tokens posted rapid percentage increases. Market participants monitored social media trends and on-chain data.
Other tokens within the index also saw expanded turnover. However, Dogecoin maintained the lead in trade frequency. This activity placed DOGE at the center of the recent memecoin rotation.
Related Reading: Will Dogecoin Target $0.18 After Forming Inverse Head and Shoulders?
Late-Session Correction While Bitcoin Holds Range
According to Alphractal In the final hours of Sunday trading, several memecoins began to retrace earlier gains.
Prices pulled back from intraday highs as short-term traders locked in profits. Volatility remained elevated across the sector.
Bitcoin, meanwhile, remained comparatively stable. BTC traded within its established range without sharp directional moves.
The contrast between memecoin pullbacks and Bitcoin stability was visible across major exchanges.
Analysts continue to track whether memecoin momentum resumes or consolidates further.
For now, the sector shows signs of cooling after a brief surge. Market participants remain focused on capital rotation patterns and overall crypto market sentiment.
Source: https://www.livebitcoinnews.com/dogecoin-leads-a-risk-on-frenzy-as-memecoins-outrun-bitcoin/


