Recently, the performance of MEME coins has truly been eye-catching. DOGE surged 12% in a single day to break through $0.14, PEPE skyrocketed by 39%, and even TURBO followed suit with a 30% increase. The entire MEME sector seems to have entered a carnival mode.
Why is this happening? I’ve carefully analyzed the situation, and there are indeed some logical supports behind it.
First, let's talk about DOGE. On-chain data shows that a mysterious whale recently swept up 150 million DOGE in one go. At the same time, liquidity instantly increased after a major exchange launched its futures products, and institutional funds are quietly positioning themselves. This is one aspect.
But even more interesting is the progress on the application side. Buenos Aires, Argentina, has started accepting DOGE for municipal tax payments—this means DOGE is gradually moving from a pure MEME coin to practical use cases, which is a significant shift. Technically, a bullish divergence appeared on the daily chart, the key level of $0.12 was broken, trading volume surged by 41.53%, and market cap approached $22 billion. Elon Musk’s ecosystem integration expectations on X platform are also continuing to ferment.
PEPE’s situation is more community-driven. A single phrase from the official account, "We start at dawn," ignited a meme frenzy across the internet, and retail investors’ FOMO was fully unleashed, with 24-hour trading volume skyrocketing by 370%. More importantly, the short squeeze—after the price precisely broke through the key resistance at $0.000005, 2.6 million short stop-loss orders were triggered instantly, creating a positive cycle of "short squeeze → rise → more stop-losses." Renowned trader James Wynn even set a 40x target price (corresponding to a $69 billion market cap), further expanding market imagination.
TURBO’s comeback demonstrates a combination of AI + community + traffic. After integrating AI community assistants, user interaction volume skyrocketed by 500%, forming a growth flywheel of "play AI → earn tokens → invite new users." The New Year theme event, "Year of the Toad," went viral, attracting large-scale migration of old MEME community users like SHIB. Plus, over ten mainstream exchanges went live simultaneously, directly boosting liquidity and making it an ideal target for capital rotation.
Interestingly, the logic behind these three coins’ rapid rise is actually quite different. DOGE is more about fundamentals + institutional participation; PEPE is purely community + technical analysis; TURBO is about product innovation + ecosystem expansion.
The question now is, how far can this MEME rally go? Can DOGE challenge $0.3? Will PEPE replicate its all-time high? Or will new contenders like TURBO continue to take the lead? Honestly, MEME coins are inherently unpredictable; their rise and fall depend entirely on market sentiment and community enthusiasm. But from the perspectives of technicals, capital, and applications, there are indeed stories to tell. The key is to understand your own risk tolerance and not get blinded by soaring numbers.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
19 Likes
Reward
19
8
Repost
Share
Comment
0/400
TestnetFreeloader
· 01-05 02:38
Another crazy day for MEME coins, who will explode this time?
Craving PEPE's 40x but I only dare to go all-in on TURBO, what's going on?
Buenos Aires is collecting DOGE taxes? Now it's really about the money.
When the 2.6 million short stop-loss orders triggered, I knew it would go up again. Now I regret not acting sooner.
TURBO's AI flywheel is truly mystical; friends have all switched over.
Elon Musk's words can pump the market; sometimes I feel like I'm gambling on his mouth.
$0.3 is really bold to say; can DOGE reach that? Watching and waiting.
View OriginalReply0
RugDocScientist
· 01-04 17:51
Carnival is Carnival, but really, don't go all in
I'm RugDocScientist, and I have to be honest—this wave of meme madness is pretty exciting to watch, but the problem is... retail investors usually buy in at the top. That 150 million whale sweeping DOGE? Institutions have already eaten their fill. The short squeeze cycle of PEPE sounds great, but can you guarantee you're not one of the 2.6 million who got liquidated?
TURBO is a bit interesting; the combination of AI and community is indeed innovative, but this kind of hype like "Toad Year"... feels like just a traffic game. Once the hype dies down, it's over.
The key is still that question—how much can you afford to lose? Calculate this clearly before you take action.
View OriginalReply0
DAOdreamer
· 01-03 18:10
Wait, DOGE is taxed? Is this for real? That's interesting.
View OriginalReply0
ContractCollector
· 01-03 09:51
Damn, PEPE's short squeeze this time directly stopped out at 2.6 million orders. This is the kind of rhythm I like.
View OriginalReply0
airdrop_huntress
· 01-03 09:51
I'm done with the phrase "Dawn is coming," it really ignited retail investors' FOMO.
View OriginalReply0
BearMarketSurvivor
· 01-03 09:50
Same old story, when MEME coin rises, they just make up stories.
---
Is that story about Buenos Aires real or fake? They put so much effort into it.
---
I've never heard of PEPE short squeeze before. 2.6 million shorts simultaneously stop-loss? How neat and tidy.
---
TURBO listing on more than ten exchanges, clearly preparing for the next wave of money grabbing. Old tricks, brother.
---
Forget it, I'll watch for now. I didn't chase this wave anyway, just here to enjoy the show.
---
Musk ecosystem integration expectations? When has this guy ever integrated anything? It's all just hype.
---
I didn't expect DOGE could be used to pay taxes, but by the time it really can be used, it probably will have fallen to nothing.
---
I don't believe the $0.3 target. When DOGE reaches that level, it'll be time to exit.
View OriginalReply0
SurvivorshipBias
· 01-03 09:49
Whale accumulation, institutional deployment, Argentina's recognition of DOGE—this combination punch is definitely not a joke; there's something to it.
PEPE's recent surge was purely driven by community sentiment, with 2.6 million short positions being squeezed—truly a short squeeze feast. But this kind of thing also carries extreme risks; don't be fooled by the 40x target price.
TURBO's AI assistant plus virus spreading really knows how to play the game; traffic is king. But the question is, how long can this hype last?
On the other hand, MEME coins are all about sentiment. Today's winners might be the bagholders tomorrow. You need to clearly understand your true risk tolerance and not lose sleep over it.
View OriginalReply0
NFTArtisanHQ
· 01-03 09:39
ngl the paradigm shift here isn't really about the pumps themselves... it's about what doge legitimizing as actual tender reveals about our post-digital value structures. like benjamins musing on mechanical reproduction but make it tokenomics lol
Recently, the performance of MEME coins has truly been eye-catching. DOGE surged 12% in a single day to break through $0.14, PEPE skyrocketed by 39%, and even TURBO followed suit with a 30% increase. The entire MEME sector seems to have entered a carnival mode.
Why is this happening? I’ve carefully analyzed the situation, and there are indeed some logical supports behind it.
First, let's talk about DOGE. On-chain data shows that a mysterious whale recently swept up 150 million DOGE in one go. At the same time, liquidity instantly increased after a major exchange launched its futures products, and institutional funds are quietly positioning themselves. This is one aspect.
But even more interesting is the progress on the application side. Buenos Aires, Argentina, has started accepting DOGE for municipal tax payments—this means DOGE is gradually moving from a pure MEME coin to practical use cases, which is a significant shift. Technically, a bullish divergence appeared on the daily chart, the key level of $0.12 was broken, trading volume surged by 41.53%, and market cap approached $22 billion. Elon Musk’s ecosystem integration expectations on X platform are also continuing to ferment.
PEPE’s situation is more community-driven. A single phrase from the official account, "We start at dawn," ignited a meme frenzy across the internet, and retail investors’ FOMO was fully unleashed, with 24-hour trading volume skyrocketing by 370%. More importantly, the short squeeze—after the price precisely broke through the key resistance at $0.000005, 2.6 million short stop-loss orders were triggered instantly, creating a positive cycle of "short squeeze → rise → more stop-losses." Renowned trader James Wynn even set a 40x target price (corresponding to a $69 billion market cap), further expanding market imagination.
TURBO’s comeback demonstrates a combination of AI + community + traffic. After integrating AI community assistants, user interaction volume skyrocketed by 500%, forming a growth flywheel of "play AI → earn tokens → invite new users." The New Year theme event, "Year of the Toad," went viral, attracting large-scale migration of old MEME community users like SHIB. Plus, over ten mainstream exchanges went live simultaneously, directly boosting liquidity and making it an ideal target for capital rotation.
Interestingly, the logic behind these three coins’ rapid rise is actually quite different. DOGE is more about fundamentals + institutional participation; PEPE is purely community + technical analysis; TURBO is about product innovation + ecosystem expansion.
The question now is, how far can this MEME rally go? Can DOGE challenge $0.3? Will PEPE replicate its all-time high? Or will new contenders like TURBO continue to take the lead? Honestly, MEME coins are inherently unpredictable; their rise and fall depend entirely on market sentiment and community enthusiasm. But from the perspectives of technicals, capital, and applications, there are indeed stories to tell. The key is to understand your own risk tolerance and not get blinded by soaring numbers.