title: Surprise comeback of memecoins?

With Bitcoin approaching $90,000, crypto investors seem to have regained some of the enthusiasm that characterized 2024.

Memecoins are having a moment again, with some surprising comeback performances in the Solana ecosystem.

The category referring to tokens linked to the Pump.Fun platform alone has recorded an increase of 26% in one week, while the AI sector saw a 14% rise in the same period.

Among the most successful memecoins, and among the most capitalized in the category mentioned above, is Fartcoin, with a weekly performance of +68%.

Among the most famous memecoins, however, there are also classic ones such as Dogecoin, ShibaInu or Pepe, which are showing important signs. In particular, PEPE has grown by 12% in the last 24 hours, suggesting renewed investor interest.

Another important sign from the Pump.Fun front is also provided by the revenue of the platform in recent days, which in turn confirms a change in approach by investors, who have returned to a risk-on profile.

The launchpad should also be in third place in the ranking of daily revenues generated in the entire DeFi ecosystem, behind Circle and Tether and fighting for the bronze medal with Hyperliquid.

The situation is suddenly heating up in the community, so much so that Guy Young, founder of Ethena, has returned to talk about altseason and the new opportunities arising from this market phase.

In the last two years we have had only two periods where funding averaged below risk free rates for more than two consecutive weeks

Alts went vertical immediately after on both occasions

As of last Friday, we just recorded the third periodhttps://t.co/V6J77xL72G pic.twitter.s