@qianbochao
In January 2026, the crypto market rebounded post-holidays, with memecoins leading gains—sector market cap surged 23%+, volumes quadrupled, and top tokens like PEPE (+37% 30d) far outpaced Bitcoin's modest +2% rise.
This correlation divergence stems from beta rotation: As BTC consolidated (~$92K range), liquidity flowed into high-volatility memecoins first, amplifying moves amid renewed risk appetite.
Retail hype via social media and platforms like Solana drove independent rallies, while BTC remained tied to institutional/ETF flows.
Declining BTC dominance signaled early alt/meme outperformance, highlighting memecoins' speculative nature versus Bitcoin's "digital gold" role.
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