Dogecoin jumped to $0.1516 on Tuesday as buyers pushed the token back above a key technical resistance zone on trading volumes well above its 30-day average, signalling a renewed wave of speculative interest in meme coins even as the broader cryptocurrency market remained largely range-bound.

The move helped trigger a sharp rebound across the meme coin sector, with traders once again positioning for what is being dubbed a return of “meme season” at the start of 2026.

Dogecoin rose about 11% on the day, while Pepe surged roughly 17%. Other dog-themed tokens also posted strong gains: Shiba Inu climbed about 8%, Bonk advanced nearly 11%, and Floki rose close to 10%, according to market data.

Analysts said the rally appeared driven more by momentum trading and retail speculation than by any fundamental developments, reflecting the highly sentiment-driven nature of the meme coin segment. Elevated trading volumes suggested fresh inflows of short-term capital as traders rotated into higher-volatility assets seeking quick returns.

The broader crypto market, by contrast, showed limited movement, with major tokens such as Bitcoin and Ether largely confined to recent trading ranges. That divergence has made meme coins a focal point for traders looking to express bullish risk appetite without committing to larger directional bets on the overall market.