5 Meme Coins Rallying This Week [Analyzed]

After weeks of stagnation, the meme coin market has picked up the pace. In the last 24 hours, the cumulative market capitalization of meme coins has surged by over 2.45% and is now closer to $40 billion. High-cap meme coins have experienced a minor uptick, while low-caps have surged close to double digits.

Low-Cap Meme Coins Outperform as High Caps Rise Modestly

1. Dogecoin

In the last 24 hours, Dogecoin (DOGE) has posted gains of over 2.9%. The top meme crypto is currently trading at $0.12 and has a market capitalization of $21.18 billion. The surge follows a minor 0.93% uptick in Bitcoin.

While macro analysis shows DOGE still following a descending channel, the 1-hour view reveals a rising channel forming. The key resistance right now is $0.1267. Maintaining the current structure could clear the way for Dogecoin to reach $0.1303.

Dogecoin’s current price chart has been described as the best one by analysts such as CryptoJoke, who recently advised investors to wait for signs to take a long position in the top meme asset. Other analysts have highlighted that Dogecoin’s triple-bottom pattern could lead to a bullish reversal, with a target price of $0.1415.

#Dogecoin has a Triple Bottom chart pattern on the 1h chart.

Overall: Bullish.

Price Target: $0.1415.#DOGE $DOGE #Crypto #Altcoins #Altcoinseason #DOGEUSDT #Memecoin #Memecoins #Altseason #CryptoTrading #Trading #TradingSignal #TradingSignals pic.twitter.com/IHsyBibb5v

— Crypto Joe (@CryptoJoeReal) January 25, 2026

2. Based Eggman $GGs

Based Eggman $GGs ($GGs), while a low cap meme coin not available for live trading, is gaining momentum as a crypto presale. Based Eggman $GGs frames a utility-first ecosystem while using GenX terminologies to attain virality.

By basing its main mascot on Sonic the Hedgehog’s iconic villain, Eggman, Based Eggman $GGs has already managed to raise over $300K via presale. Currently available at a discounted price of $0.010838, the meme coin could be considered a cheaper alternative to the current low-cap trending assets.

$GGs is developed on the BASE chain, and it powers a gaming ecosystem that focuses on mobile-first games meant for hyper casual and serious players. The ecosystem also plans to introduce a trading ecosystem and Scrambleswap, a decentralized exchange that establishes a liquidity bridge between ETH and BASE-based assets.

3. Shiba Inu

The second biggest meme coin by market capitalization, Shiba Inu (SHIB), has surged by a minor 1.08% in the last 24 hours. With a market cap of just above $4.55 billion, SHIB is trading at $0.000005 at the time of writing.

The meme coin is currently following the “quiet accumulation” approach according to the 1-hour chart, forming a slightly slanted ascending triangle pattern. Sustaining the current momentum could push the SHIB price past the $0.000008 level, which is a strong resistance point, since the meme coin has failed to move beyond it before.

The current bullish sentiment is attributed to 29 million SHIB disappearing from exchanges within 24 hours. CryptoQuant also shows that there has been a mild increase in the number of active addresses holding Shiba Inu compared to January 26.

4. Pippin

Pippin (PIPPIN) is a recent low-cap entry that has surged by a massive 68%, doubling its market capitalization to more than $5.36 million. The hourly chart shows a continuous string of large green candles forming and the token is trading at $0.5116 during press time.

That being said, the meme coin is extremely overbought, as indicated by its RSI of 75. Investors should expect a pullback. The degree of the pullback may also be high because the meme coin has limited presence on social media, and whale accumulation could be the primary reason for the current surge. Over 1.5 million tokens have been hoarded already, which means 73% of the total supply is limited to a few players.

The AI meme coin narrative could be another driving force behind pippin.

5. Nietzschean Penguin

Nietzschean Penguin (PENGUIN) has experienced large market tailwinds that have pushed its price up by 27% in the last 24 hours. This low-cap meme coin trades at $0.1022 at press time and has a market capitalization of barely above $106 million.

Social media chatter has been attributed as one of the reasons for its growth. The White House recently posted a meme, “Embrace the Penguin,” via its X account. Popular influencers then talked about this Solana-based project designed on pump.fun, which inadvertently gave it more exposure. 

Embrace the penguin. pic.twitter.com/kKlzwd3Rx7

— The White House (@WhiteHouse) January 23, 2026

Final Thoughts

Meme coins are rallying this week due to investors pulling back from high-cap cryptos to put their bets on short-term, affordable assets. Meme coins with strong narratives have surged the most, and presale charts have also highlighted meme assets with high viral potential.