Steve 1

The meme coin market is showing partial recovery after the major mid-October 2025 crash, which wiped out over $28 billion in value across tokens like $Dogecoin, $Shiba Inu, and $Pepe .

Overall Market Situation
After hitting lows around $44 billion in market capitalization on October 12, the meme coin sector has rebounded to over $58 billion by late October . This recovery has been driven by renewed investor interest, easing U.S.–China trade tensions, and a broader crypto rebound, with Bitcoin hovering near $115,000 and Ethereum gaining 7–8% .

Key Meme Coin Performance
• Dogecoin (DOGE): After dropping nearly 20% during the crash, Dogecoin is now up more than 6% in the past 24 hours and is showing consistent short-term gains . Some analysts even forecast long-term momentum toward $1 if current market optimism persists .

• Shiba Inu (SHIB): Rebounded 4.8% in a single day, now trading at ₹0.000932 (≈$0.000011) . Weekly performance is positive at +5.5% as whales cautiously return.

• Pepe (PEPE): Regaining attention with bullish whale accumulation and renewed DEX activity . Analysts expect average prices around $0.0000057–$0.0000079 through late 2025 .

Market Drivers
• Leverage clearance: The crash cleared excessive leveraged positions, considered a “healthy reset” that reduces risk .[phemex]
• Retail return: Retail sentiment—vital for meme coins—is showing early signs of revival. “Risk-on” behavior is back, with traders flocking to speculative assets .[btcc]
• New project momentum: Fresh meme projects like BullZilla and Mog Coin are driving new liquidity inflows and retail participation .

Forward Outlook
Analysts view the current rally as a short-term recovery within a volatile cycle. As leverage normalizes and macroeconomic pressures (like tariffs) stabilize, meme coins may continue to climb modestly through November 2025. However, volatility and speculative risks remain high due to the fragile retail-driven nature of the sector.
In short, the meme coin market is recovering, led by Dogecoin and Shiba Inu, with Pepe showing promising on-chain revival—but full recovery to pre-crash highs hasn’t happened yet .