Meme coins are making waves again, with Pepe (CRYPTO: PEPE), Fartcoin (CRYPTO: FARTCOIN), and Bonk (CRYPTO: BONK) surging in value over the past week.

Despite uncertainty in broader markets, these coins have defied the trend, attracting increased trading volume and investor interest.

Trader Notes: Altcoin Sherpa is watching Fartcoin closely, noting he will enter trades once it breaks out past $0.36.

Crypto Lyxe says that any long position on Fartcoin during red candles has been profitable.

At that point, even casual investors were piling in. He added that was a sign of a hype cycle already played out.

Statistics: Coingecko data shows the meme coin market capitalization currently at $52.8 billion, marking a 0.5% increase on Wednesday.

Despite high volatility in the broader crypto currency markets, the valuation has maintained above the $50 billion mark.

In an X post on Wednesday, Plazma reported that Pepe has added 518 new Pepe holders in a single day.

In a post on Tuesday, he stated that the top Robinhood wallet is the top second holder and all wallets combined hold 6.19% of the supply. He also predicted to see some "big gains" this week.

IntoTheBlock data shows Pepe's large transaction volume spiked 16.3%, while daily active addresses are down 5.3% in a single day. Transactions greater than $100,000 are up from 239 to 319.

Coinglass data shows open interest on all these meme coins has increased in a single day with Fartcoin leading at 22%, Pepe and Bonk and 5% and 3.7%, respectively.

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