The meme coin sector has seen a notable resurgence, with leading coins Dogecoin (CRYPTO:DOGE) and Shiba Inu (CRYPTO:SHIB) rising by 7% and 8%, respectively.

Other meme coins, such as Pepe (CRYPTO:PEPE), Floki Inu (CRYPTO:FLOKI), and Popcat (CRYPTO:POPCAT), have experienced even more significant gains, with PEPE soaring over 20% to reach a new all-time high.

The total market capitalisation of meme coins briefly surpassed $55 billion, highlighting their rapid and volatile price changes.

Despite the impressive gains, investors are advised to exercise caution due to the frequent and substantial price swings characteristic of meme coins.