Dogecoin (DOGE) has begun a rebound, gaining 3% in the last 24 hours, while other meme coins like Pepe (PEPE) have surged 9%. Meanwhile, Solana-based meme coins such as Dogwifhat (WIF) and Moo Deng (MOODENG) have performed even better, with WIF rising 20% despite being 79% off its all-time high. The renewed interest in these coins follows a week of declines across the meme coin market, gradually shifting investor sentiment. In contrast, the broader meme coin category saw only a 3.1% gain, remaining down nearly 10% over the past week. Meanwhile, Ethereum-based tokens like Mog Coin (MOG) and Hyperliquid's PURR token also experienced significant gains, showcasing a larger trend of meme coins outperforming major cryptocurrencies like Bitcoin, which has regained some ground after recent losses. The overall market sentiment appears cautious, with Bitcoin dominance slipping to 64.15%, as investors diversify their portfolios into altcoins and meme coins. This highlights a shift in market dynamics where meme coins are capturing attention and value even as traditional cryptocurrencies fluctuate.

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