## **Meme Coins Explode: PEPE Leads 51% Overnight Jump as Sector Gains $11B**
The meme token sector is firing on all cylinders. In the past week alone, the combined market value of meme coins ballooned from roughly $39 billion to over $50 billion—a gain of more than $11 billion in just seven days. Trading volumes have followed suit, skyrocketing from holiday lows to daily figures crossing $9 billion as investors flock back to the space.
Pepe (PEPE), the frog-themed meme token, has emerged as one of the sector's standout performers. The digital asset jumped 51% over the last 24 hours, rallying