#MemecoinSentiment

The market value of meme coins has increased by 8% to $75.5 billion despite a decline in sector volume; PEPE, BONK, and DOGE lead the rise.

The PEPE token shows a bullish shift for short-term holders (analyst Max); the BONK token follows classic Elliott wave theory.

FARTCOIN shows strong technical indicators at $1.42; DOGE has risen by 10% thanks to low-volume accumulation signals.

The meme coin market has seen a notable rise over the past twenty-four hours, as a wave of increases swept through the most traded coins - PEPE, BONK, FARTCOIN, and DOGE. By that time, the total market value of meme coins had increased by more than 8% to $75.58 billion.

While CoinMarketCap data shows that trading volume has decreased by 20% to $12.27 billion, the price action of these specific meme coins paints a different and more bullish picture: buyers show strong conviction, and the sentiment around meme coins seems to be heating up again.