Dogecoin's recent price increases suggest a possible rebound for the meme coin market, with its market capitalization approaching $69 billion following substantial losses.

Meme Coin Market Cap

The meme coin market cap has risen to approximately $68.8 billion.

Market Recovery

This recovery followed a significant rebound from the largest single-day crypto liquidation event.

Trader Behavior

Meme tokens were the leading contributors to the gains, indicating a return of traders to higher-risk assets.

Market Support

This movement suggests underlying support for these assets.