The meme coin market has experienced a significant surge in the past 24 hours, with individual tokens driving its capitalization to exceed $75 billion. While trading volume dipped slightly, the price action of PEPE, BONK, FARTCOIN, and DOGE suggests a strong bullish trend driven by conviction among buyers. The rally has been particularly notable for PEPE, which has seen short-term holder activity shift dramatically, potentially signaling a breakout opportunity according to analyst Max. BONK’s performance aligns with classic Elliott Wave theory, while FARTCOIN shows promising technical indicators at $1.42 and DOGE is seeing gains fueled by low-volume accumulation.