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Analysis: The MEME coin sector has rebounded nearly 20% over the past month, with its total market capitalization rising to $34 billion.

According to DL News, CoinMarketCap data shows that the meme coin sector rose nearly 20% over the past month, with its total market capitalization climbing to $34 billion—still down approximately 75% from its peak of nearly $140 billion in December 2024. Analysts say this rally is primarily driven by improved risk appetite, heightened on-chain speculation, and sharp gains among a few top-tier tokens—factors that may not fully reflect the sector’s overall health. Dogecoin remains the highest-market-cap and highest-trading-volume meme coin, yet it is down 87% from its 2021 all-time high. Additionally, the SEC and CFTC recently proposed a five-category token classification framework that classifies meme coins as collectibles; Canary Capital has also filed an application with the SEC for a Pepe ETF.

A suspected team multisig address distributed 2.499 million EVAA tokens to 10 addresses, accounting for approximately 37.8% of its total circulating supply.

According to Arkham monitoring, the multi-signature address (0x946) distributed a total of 2.499 million EVAA tokens to 10 addresses within the past 10 minutes. Specifically, 1 minute ago, it transferred 250,000 EVAA tokens each to 5 addresses; and 9 minutes ago, it transferred a total of 1.249 million EVAA tokens to another 5 addresses. According to CoinMarketCap (CMC) data, EVAA’s current circulating supply stands at 6.61 million tokens—meaning this distribution accounts for approximately 37.8% of its total circulating supply. Some of the recipient addresses have already deposited the tokens into exchanges or sold them on DEXs.

Data: Bitget’s net fund inflow over the past 7 days reached $571 million, ranking first among global CEXs.

According to CoinMarketCap data, Bitget recorded a net inflow of $571 million over the past seven days, ranking first among global CEXs.