The gold market is chaotic with a crash of 33% in silver and 18% in gold in just 2 days, with gold prices dropping from $5,600/oz to $4,700-5,100/oz due to volatility in the Budget and a strengthening dollar.
But when gold is weak, investors often rotate into high-beta assets like meme coins to chase higher yields! In 2026, with high liquidity and supportive macro conditions, the meme sector is attracting capital from gold outflows. $PEPE (ERC-20 meme) stands out with strong liquidity, no roadmap but high virality, price ~$0.00002 USD but potential for 10x in a bull cycle.