Meme Coin Market Pushes Higher as DOGE, PEPE Extend Weekly Gains

Key Insights: Meme coin market rose as DOGE and PEPE extended recent gains. DOGE futures open interest reached about $1.31 billion. PEPE retained double-digit seven-day gains as leverage stayed elevated. The meme coin market moved higher on Sept. 20, with Dogecoin, PEPE, Shiba Inu, and MemeCore trading above recent lows. CoinMarketCap data showed Dogecoin price trading near $0.088, while PEPE remained up about 13% across seven days. The moves followed broader gains across several large meme tokens. MemeCore and PEPE Lead Meme Coin Gains | Source: X The rebound mattered because trading activity returned alongside a rise in derivatives exposure. Dogecoin and PEPE futures volumes exceeded their respective spot volumes, showing leveraged traders remained active. That structure can amplify short-term moves when price direction reverses quickly. Meme Coin Market Posts Broad Price Gains CoinMarketCap showed Dogecoin trading near $0.088 at press time, up about 4% over 24 hours. Its market capitalization stood at $15.1 billion, keeping DOGE ahead of other major meme tokens. Shiba Inu traded near $0.00000547, with its market value around $3.2 billion. PEPE traded near $0.00000377 after gaining roughly 13% during the previous seven days. Its market capitalization stood near $1.56 billion, while daily trading volume remained above $300 million. MemeCore traded near $1.28, giving M a market value close to $2.9 billion. MemeCore’s daily volume remained near $2.3 million in the same CoinMarketCap snapshot. That represented less than 0.1% of its market capitalization by simple calculation. The figure showed much thinner turnover than DOGE or PEPE. The price distribution showed traders were not moving into every meme token equally. Dogecoin led the group by capitalization, while PEPE posted the stronger weekly percentage move. MemeCore remained smaller in liquidity despite its larger token price. Dogecoin Price Tests Short-Term Technical Levels CoinMarketCap historical data showed Dogecoin closed Sept. 18 near $0.08743. The token had closed Sept. 17 near $0.08176 after several sessions around $0.08. The latest move, therefore, pushed DOGE back toward the upper end of its recent range. TradingView data showed Dogecoin gained 6.94% over one day and 5.52% across one week. Its daily oscillator summary remained neutral in the latest available reading. That combination suggested price momentum improved without a clear technical breakout signal. The $0.09 area remained the nearest round-number resistance above the latest market price. A failure to hold the recent $0.087 level would draw attention back to the prior $0.082 region. Those levels reflect recent price behavior rather than guaranteed turning points. Meme Coin Market Derivatives Show Active Leverage CoinGlass data showed Dogecoin futures volume near $1.68 billion over 24 hours. Spot volume stood near $331 million, while open interest reached about $1.31 billion. Roughly $2.37 million in DOGE futures positions were liquidated during the same period.