Meme Coins See 25% Surge in Trading Volume as Tariff Fears Fade, Dogecoin Up 2% and TRUMP Up 4%

▲ Meme coins/ChatGPT-generated image ©

As the dense fog surrounding the macroeconomy lifts, investor appetite for risk assets, which had been severely suppressed, is rapidly reviving. With Bitcoin leading the broader cryptocurrency market with a strong rebound, speculative capital is pouring into the meme coin ecosystem—known as the epitome of “high risk, high return” due to its extreme volatility—turning the sector decisively bullish.

According to CoinMarketCap at 7:22 a.m. KST on the 21st, the total market capitalization of meme coins rose 3.02% over the past 24 hours to $32.16 billion. Notably, daily trading volume surged 25.78% from the previous day to reach $3.12 billion, underscoring that the extreme fear weighing on the market has dissipated and vitality has swiftly returned.

Market leader Dogecoin (DOGE) climbed 1.98% from the previous day to trade at $0.09992, approaching a retest of the $0.10 level. Shiba Inu (SHIB) also rebounded, posting a 3.21% gain. Other major meme coins recorded broad and steep advances, including Pudgy Penguins (PENGU) up 4.79%, Official Trump (TRUMP) rising 4.19%, and Bonk (BONK) gaining 4.10%.

The key driver behind the meme coin rally can be traced to the easing of “macroeconomic uncertainty,” which energized Wall Street overnight. After the U.S. Supreme Court ruled that President Donald Trump’s reciprocal tariff policy was unlawful, fears of a global trade war significantly subsided, immediately restoring risk-on sentiment. The favorable momentum in traditional financial markets flowed through Bitcoin and funneled explosive liquidity into the meme coin sector, which is far more sensitive to returns than the broader market. It is a clear signal that retail investors, who had remained cautious until the previous day, are reentering the market in pursuit of aggressive gains.

Experts expect the meme coin market to continue a resilient rally in tandem with Bitcoin’s upward trajectory for the time being. With macro headwinds easing and investor sentiment entering a recovery phase, sustained momentum in surging trading volumes could pave the way for Dogecoin to firmly reclaim $0.10, potentially triggering a successive surge among smaller-cap meme coins.

However, meme coins are assets that are extremely sensitive to overall liquidity and trends rather than intrinsic value or clear fundamentals. Even minor signs of macroeconomic strain—such as sticky inflation data or shifts in the Federal Reserve’s rate stance—could swiftly drain capital and trigger sharp declines. Investors are therefore urged to exercise heightened risk management.

*Disclaimer: This article is for investment reference purposes only and we are not responsible for any investment losses arising from it. The content should be interpreted for informational purposes only.*