NFT and Meme Coin Markets Bounce Back With $50 Billion Rally

Cryptocurrencies are considered a high-risk asset class. Investing in them may result in the loss of part or all of your capital. The content on this website is intended solely for informational and educational use and should not be interpreted as financial or investment advice.
Why Trust Us
Why Trust Us
NFT and Meme Coin Markets Bounce Back With $50 Billion Rally

The NFT and meme coin markets have both shown signs of recovery over the past week, supported by a broader rebound in risk appetite across the cryptocurrency sector.

According to CoinGecko data, the NFT market capitalization climbed from approximately $3.5 billion to $3.7 billion as of November 5, which is a 6% weekly increase. Meanwhile, meme coins also surged, with total market capitalization expanding from $47 billion to $50 billion during the same period.

NFT Market Sees Modest Gains After Prolonged Decline

Data from Cryptoslam indicates that while the overall NFT market improved, only a handful of major collections recorded significant increases in sales.

  • CryptoPunks sales rose 22.8% to roughly $3 million in the past seven days.
  • Mutant Ape Yacht Club (MAYC) and Milady Maker jumped 36.5% and 80%, respectively.
  • Polygon-based project Courtyard gained more than 14%, while smaller collections like Lil Pudgys rose around 24%.

These movements mark a notable turnaround for the NFT market, which had slumped by 46% between October and November, reflecting a return of speculative enthusiasm among digital collectors and traders.

Meme Coins Join the Comeback With Double-Digit Gains

The meme coin sector mirrored the NFT rebound, showing strong price growth across leading tokens, according to CoinMarketCap data.

  • Dogecoin (DOGE) climbed 8.7%,
  • Shiba Inu (SHIB) rose 10.4%, and
  • Pepe (PEPE) advanced 7%.

Solana-based BONK surged 11.8%, while dogwifhat (WIF) and the Donald Trump Official Meme Coin both spiked 14.2%, ranking among the week’s top performers.

The rally suggests renewed retail participation and increased speculative trading, driven by optimism around potential crypto ETF approvals and overall market recovery.

Investor Sentiment Turns Positive

The synchronized recovery across NFTs and meme coins underscores a wider shift in investor sentiment. Analysts say capital is gradually rotating back into high-risk, high-reward digital assets, after months of cautious trading.

While it’s too early to call a full trend reversal, the latest data indicates that NFTs and meme coins are regaining traction as the crypto market stabilizes heading into late 2025.

 

By Patrick Johnson

Patrick Johnson is a seasoned crypto journalist and analyst with a sharp eye for emerging trends in blockchain, DeFi, NFTs, and Web3 innovation. With a background in tech writing and years of experience tracking digital assets, Patrick breaks down complex topics into clear, actionable insights for investors, builders, and curious readers alike. His work spans market analysis, crypto regulation, decentralized finance ecosystems, and interviews with founders shaping the next phase of the internet. Patrick's writing has appeared in leading crypto publications and has earned a reputation for depth, clarity, and a no-hype approach to crypto journalism. When he’s not decoding the latest protocol upgrade or reporting on DAO governance shifts, you’ll find him experimenting with smart contracts or hiking off-grid, because even crypto authors need to unplug sometimes.