Key Points
- The crypto market rose over 1.5% as optimism increased and major assets posted gains.
- Meme coins such as NEIRO and PEPE recorded strong price increases during the rally.
The cryptocurrency market opened the year with broad gains, rising more than 1.5% over the past 24 hours.
Total market capitalization exceeded $3 trillion after Bitcoin moved above $89,000, reflecting improved investor sentiment.
Meme coins also posted notable advances, reinforcing expectations of renewed activity in this niche sector.
NEIRO and PEPE Market Performance
NEIRO, a meme token associated with Dogecoin, traded above $0.00012 and held a market capitalization above $51 million at reporting time.
The asset gained over 15% in 24 hours and more than 14% over the past week following an upward move that began on January 1.
PEPE traded above $0.05 with a market capitalization exceeding $2.14 billion, rising 24% in the last day.
Over the past week, PEPE posted gains of approximately 27% as momentum accelerated across meme-focused tokens.
Data from CoinGecko shows the meme coins sector market capitalization increased about 8% to more than $44 billion.
The sector recorded over $4.9 billion in 24-hour trading volume, with several smaller tokens posting outsized short-term gains.
By market capitalization, leading meme coins include Dogecoin, SHIB, and PEPE, alongside other large-cap entrants in the category.
