Meme Coin Market Surges as Relief Rally Continues

The meme coin market saw significant gains this week as a broader relief rally swept through crypto. The total meme coin market capitalization rose more than 10% week-over-week (WoW) to about $33.4 billion, according to CoinMarketCap data.

Nearly every large-cap meme posted gains, with one major exception: Official Trump (TRUMP), which continued to struggle below a $700 million market cap. Meanwhile, newer runners like Siren (SIREN) and RaveDAO (RAVE) stole the spotlight.

RaveDAO's RAVE token delivered one of the week's sharpest moves, surging more than 6,000% and breaking into the top tier of crypto gainers. Launched in late 2025, RAVE spent most of its life below a $100 million market cap before climbing from roughly $0.25 per token to above $14 in a matter of days.