Meme Coin Season Returns? Dogecoin and 2 Tokens Lead the Rally

Overview

• Dogecoin is trading near $0.10, with $0.11–$0.12 acting as a major resistance zone.

• Pepe surged 50–65% and recorded a 283% spike in trading volume within days.

• Bonk joined the rally with bullish chart signals, though fundamentals remain mixed.

Meme coin season has returned with strong momentum. After months of slow movement, several community-driven tokens suddenly began rising fast. Traders shifted funds from large cryptocurrencies into smaller, high-risk coins that often move quickly. This fresh rally has brought back excitement among retail investors who follow social trends closely.

The renewed interest is happening at a time when the overall crypto market looks stable. Bitcoin trading near the high-$60,000 range has helped increase confidence. When Bitcoin holds strong levels, smaller coins often see more action, and that pattern is playing out again.

Dogecoin Leads the Comeback

Dogecoin remains the face of meme coins. It once again became the center of attention recently through its market movement. DOGE price is near $0.10 at press time. Analysts pointed out a key resistance zone between $0.11 and $0.12. A clear break above that range could open the door for a larger uptrend, but it is not guaranteed.

Part of the renewed interest is linked to speculation about new payment integrations and discussions around “X Money.” Even without confirmed announcements, these narratives have pushed trading activity higher. Dogecoin’s strength defines the rally prospects for a large portion of the meme-based asset sector, and its stability near $0.10 give traders confidence to explore other tokens.

However, technical indicators show that momentum must stay strong for gains to continue. If Dogecoin price does not move above resistance areas, short-term pullbacks could happen very fast. Meme coins move quickly in both directions, and history shows that rallies can cool down just as fast as they started.

PEPE Sees Explosive Volume

Pepe, commonly known as PEPE, emerged as one of the biggest winners during this rally. In mid-February 2026, trading volume surged sharply, with reports showing billions of dollars in 24-hour activity. At one point, volume jumped by around 283%, showing how much interest entered the market in a short period.

The meme coin’s movement was equally dramatic. PEPE price rose from low single micropenny levels to highs between $0.0000047 and $0.0000051 over several days. That represents gains of roughly 50% to 65% in a very short time. Such rapid growth attracted new traders but also increased volatility.

Large wallet activity, often called whale movement, played a role in this rally. Some on-chain data suggested accumulation by bigger holders. Still, rapid increases like this can also lead to fast corrections if early buyers decide to take profit. It creates excitement but also risk at the same time.

Also Read - Pepe & Dogecoin Rally Hard: Meme Coin Mania Returns in 2026?

BONK Joins the Rally

Bonk, the Solana-based meme token, also joined the broader surge. Chart analysts noted bullish patterns forming during the same week. Positive technical setups encouraged short-term traders to enter positions, expecting further upside if resistance levels turn into support.

While optimism surrounded BONK’s price action, some reports mentioned weaker on-chain fundamentals compared to older meme coins. The sector dominance remains fragmented, meaning no single token controls the space completely. This creates opportunity but also makes the market less stable.

BONK’s movement shows how meme coin seasons often lift multiple tokens together. Once attention increases in one coin, traders usually rotate into others searching for higher returns.

Bitcoin’s Role in the Momentum

Bitcoin traded near $68,000 on February 17, 2026, after briefly testing $70,000 over the weekend. This strong performance provided the background support for the meme coin rally. When Bitcoin holds near major highs, risk appetite tends to increase across the crypto market.

Liquidity flowing into the ecosystem helps smaller assets gain traction. Without Bitcoin’s stability, meme coins usually struggle to maintain upward pressure. In this case, the timing worked well for speculative tokens.

Also Read - DOGE Breaks Major Support: Could $0.088 Be the Final Support Level?

Risks Remain High

Despite the excitement, meme coins remain highly volatile. Technical indicators for several tokens already display overbought conditions. That means prices could correct if buying pressure sees a downtrend. Sharp retracements are very common in this sector, and sometimes they happen without much warning.

The February 2026 rally highlights how social media influence, speculative flows, and fast trading can create sudden price surges. These same factors can also reverse sentiment very quickly. Gains can disappear in a short period of time, leaving late buyers exposed to losses.

Overall, meme coin season has clearly returned, led by Dogecoin and supported by strong moves in PEPE and BONK. The data shows real volume growth and impressive price increases across the board. The digital asset space remains fragile, and long-term sustainability is still uncertain. It is a market driven by emotion as much as fundamentals, and that makes it powerful but also unpredictable at times.

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FAQs

1. Why is meme coin season returning now?

Stronger Bitcoin prices near $68K improved market confidence, leading traders to rotate into high-risk meme coins for faster gains.

2. What is driving Dogecoin’s recent momentum?

Speculation around payment integrations and renewed social media attention pushed Dogecoin toward the $0.10 level.

3. How much did Pepe increase during the rally?

Pepe climbed between 50% and 65% in a short period, supported by a 283% rise in trading volume.

4. Is Bonk following the same trend as Dogecoin and Pepe?

Yes, Bonk showed bullish technical patterns, but its on-chain strength appears less solid compared to older meme coins.

5. Are meme coins safe to invest in right now?

Meme coins are highly volatile. While gains can be fast, price corrections can also happen quickly due to market sentiment shifts.