Memecoin Volume Doubles Overnight to $5.6B — the Degen Bid Is Back!

Memecoin trading volume surged 106% in a single day, hitting $5.6 billion — a move that signals a sharp return of speculative appetite across the crypto market. Single-day doubles in memecoin volume have historically preceded broader altcoin momentum, as retail liquidity rotates from the majors into higher-beta plays.

The magnitude of the jump suggests this isn't routine noise. A 106% volume spike in one session points to a coordinated re-engagement from retail traders and short-term speculators who had been sitting on the sidelines. Whether the bid sustains beyond the initial flush will be the key read for the coming 48 hours.