MemeCore Overtakes SHIB as Meme Sector Rebounds
Summary
- MemeCore surged 35% to a two-month high of $1.77 and flipped past Shiba Inu to claim the number two meme coin spot with nearly $3.5 billion in market cap on 21 September 2026.
- The total meme coin market cap sits at $35.5 billion after a 7.5% drop, even as individual tokens like MemeCore posted sharp gains on speculative demand.
- Broader meme coins ended the week down nearly 5% amid a market pullback, highlighting the sector's volatility despite the MemeCore-led rebound.
MemeCore overtook Shiba Inu as the second-largest meme coin on 21 September 2026. The token hit a nearly $3.5 billion market cap. A 35 percent surge lifted its price to a two-month high of $1.77.
Strong speculative demand drove the move.
MemeCore flipped past the $1.7 billion mark during the rally according to AMBCrypto reporting.
Context
The meme coin category has seen repeated rebounds and corrections through September 2026. Total market capitalization for the sector reached $35.5 billion following a 7.5 percent decline. CoinMarketCap data shows this.
Broader altcoin markets continued to lag. Select tokens still attracted fresh capital though.
This environment set the stage for MemeCore to lead gains within the meme coin rally while Shiba Inu held the number two position until the overtake.
Details
MemeCore's 35 percent advance stood out against the sector's overall 5 percent weekly decline reported by Yahoo Finance. The token outperformed most top-100 assets during a 24-hour period when Bitcoin rose 4 percent and Solana gained 9 percent.
"MemeCore overtook SHIB as #2 meme coin with nearly $3.5B market cap."
, CoinMarketCap
Other meme tokens such as PEPE and WIF posted gains above 40 percent over seven days. DOGE added roughly 18 percent according to CoinGecko figures cited in Mitrade coverage. These moves occurred alongside the broader pullback that reduced total meme market value.
Outlook
Market participants will watch whether MemeCore sustains its new ranking or faces renewed selling pressure as the sector digests the latest volatility in coming sessions.
