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Meme Coins Rebound as Risk Appetite Returns to Crypto and Bitcoin Rallies

Meme coins staged a broad rebound as Bitcoin rallied above $82,000, lifting risk appetite across crypto markets. Total meme-coin market capitalization rose about 15% week-over-week, with large-cap tokens like Dogecoin outperforming and smaller meme/AI tokens such as SkyAI surging sharply (≈250% WoW to a roughly $800M market cap). Toncoin jumped over 36% in 24 hours after Telegram said it would take a more active role in The Open Network, pushing TON’s market cap toward $6 billion. Despite the gains and renewed retail interest, industry insiders warned the breakout may be fragile, noting many meme projects lack institutional durability, while select tokens like BONK have pursued TradFi links (Nasdaq-listed Bonk Holdings, potential leveraged BONK ETF filings). Overall market impact is a short-term risk-on rotation boosting higher-beta crypto names, though sustainability remains uncertain.

Category

Bitcoin

Sentiment

Bullish

Event

Price movement

Reading time

1 min