The meme coin market cap reached roughly $68.8 billion after a rapid rebound following the largest single-day crypto liquidation event; meme tokens led gains as traders re-entered high-risk assets, supported by easing U.S.–China tensions and data from CoinGecko.
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Meme coin market cap: $68.8 billion, up 12.6% in 24 hours.
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Dogecoin rose 11.9% to $0.21; Dogwifhat, Pudgy Penguins, Pepe, Bonk, and Shiba Inu posted double-digit gains.
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Total market liquidations approached $20 billion during Friday’s crash; BTC recovered to $115,227 while altcoins outperformed on the rebound.
Meme coin market cap hit $68.8B as meme coins powered a post-liquidation recovery; read market data, expert quotes, and practical next steps for traders.
By COINOTAG • Published: 2025-10-13 • Updated: 2025-10-13
What is the meme coin market cap?
The meme coin market cap is the combined market capitalization of tokens primarily driven by community memes and social momentum rather than fundamental utility. As of the latest market close, the meme coin market cap stood at approximately $68.8 billion, reflecting a 12.6% intraday increase following a broad market rebound driven by reduced geopolitical tensions and short-covering.
How did meme coins lead the recovery rally?
Meme coins led Monday’s recovery as investors hunted high-beta opportunities after Friday’s liquidation spike. Market-tracking data from CoinGecko shows DOGE rose 11.9% to $0.21 while Dogwifhat (WIF) surged 18.4%, Pudgy Penguins (PENG) jumped 17.5% and Pepe (PEPE) climbed 13.2%. Bonk (BONK) and Shiba Inu (SHIB) increased 15.3% and 9.4%, respectively. Traders cited easing U.S.–China rhetoric over the weekend and technical rebounds in Bitcoin and major altcoins as catalysts for reallocating capital into risk-on positions.
Market context and verified data
Friday’s crash produced the largest single-day liquidation event on record, wiping out nearly $20 billion across digital assets as Bitcoin plunged from $121,000 to lows near $109,000. By Monday morning, BTC had recovered to $115,227, up 2.9% on the day; Ethereum (ETH), BNB (BNB) and Solana (SOL) rose 8.4%, 12.2% and 8.7% respectively, per CoinGecko data. These numbers illustrate a rapid market rebalancing where leverage was removed and liquidity returned to risk assets.
Expert perspectives and interpretations
Arjun Vijay, founder of crypto exchange Giottus, told COINOTAG that the flash crash was “a temporary glitch” caused by cascading liquidations and that a rebound was expected. He added, “During the rebound, the riskiest assets and those that crashed the most are expected to rebound the maximum.”
Charmaine Tam, head of OTC sales and trading at Hex Trust, told COINOTAG that the drawdown was ultimately “healthy” because it flushed out toxic leverage, and she highlighted that institutional mechanisms held up during the stress. Tam noted Bitcoin’s dominance failed to reclaim 60.5%, suggesting altcoins could outpace Bitcoin as liquidity returns.
Friday’s triggers and geopolitical signals
The initial sell-off followed an announcement by U.S. leadership indicating a significant increase in tariffs on Chinese imports and the cancellation of a planned meeting with China’s head of state; the events increased perceived geopolitical risk. China’s Ministry of Commerce publicly criticized perceived U.S. export control overreach. Over the weekend, public comments signaled some easing of tensions, which coincided with markets retracing losses and speculative assets leading the recovery. Prediction market Myriad recorded a low probability of a high-profile diplomatic visit this year, reflecting lingering geopolitical uncertainty.
Frequently Asked Questions
How large is the current meme coin market cap compared to total crypto market cap?
As of the latest data, the meme coin market cap sits at about $68.8 billion, representing a meaningful share of speculative crypto assets. This figure rose 12.6% intraday as traders favored high-beta tokens during the post-liquidation rebound. Source: CoinGecko (data reported by COINOTAG).
Why did meme coins rebound faster than Bitcoin after the crash?
Meme coins often exhibit higher volatility and stronger rebounds because they attract retail traders and short-term speculative flows. When deleveraging occurs, traders tend to redeploy capital into assets that historically give quick, outsized returns—meme tokens fit that profile and benefited from renewed liquidity and social momentum.
Key Takeaways
- Meme coin market cap surge: The market cap reached about $68.8 billion after a 12.6% daily gain, driven by sizeable moves in leading meme tokens.
- Market mechanics: Nearly $20 billion in liquidations created a sharp correction; subsequent short-covering and easing geopolitical signals powered the rebound.
- Trader implications: Elevated volatility persists—risk management and awareness of leverage exposure are essential before entering meme coin positions.
Conclusion
The recent lift in the meme coin market cap to roughly $68.8 billion highlights how quickly sentiment-driven segments of crypto can recover after severe liquidations. Verified market trackers such as CoinGecko and commentary from industry participants including Giottus and Hex Trust demonstrate that the rebound was driven by a combination of technical short-covering and improving geopolitical signals. Traders should balance the potential for rapid gains with clear risk controls as markets continue to digest macro and political developments. For ongoing coverage and structured data, consult COINOTAG’s market reports and updates.
