The meme coin market continues its uptrend, with Pepe (PEPE) leading the charge with a massive 70% spike in the past 24 hours, making it the top gainer among the top 100 crypto assets.

Pepe Price – March 4 | Source: Trading View

Meme coins saw significant surges over the weekend as the altcoin season gained momentum. Pepe, Shiba Inu (SHIB), Bonk (BONK), dogwifhat (WIF), and Floki (FLOKI) dominated the top gainers’ list, each securing a spot in the top five.

Despite facing roadblocks, most assets experienced mild corrections. For example, Shiba Inu saw a 0.31% drop, while Bonk suffered a 1.87% decline.

PEPE has shown remarkable resilience, rebounding from a 13.84% intraday decline on Feb. 29. The meme coin has now registered three consecutive days of massive gains and aims for a fourth green day.

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PEPE surged 70% in the past 24 hours amid the resurgence of meme coin mania, becoming the top gainer. It also leads the biggest gainers’ list for the week, with a 411% gain.

Pepe has broken multiple resistance points and is currently trading at $0.00000718, eyeing a push above $0.00000760.

Meme Coin Market Cap Crosses $51 Billion

While PEPE benefits from the market uptrend, other meme coins have also seen significant gains. Trading volumes for meme coins have surged by 3,000% in the past week, with FLOKI, SHIB, PEPE, and BONK attracting traders.

The meme coin market now boasts a trading volume of $16.78 billion, with a global market cap of $51.75 billion. Dogecoin (DOGE) holds 46.7% of this valuation, followed by Shiba Inu with 31%.

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