The cryptocurrency market is witnessing a mixed trend, with meme coins experiencing a surge in value while Dogecoin (DOGE) continues to struggle. Despite a brief rebound earlier in the week, DOGE has failed to sustain its momentum, falling 3.4% in the last 24 hours. In contrast, the broader meme coin market has seen a 5.1% increase, with its total market capitalization reaching $50.4 billion.

Dogecoin's struggles are a significant departure from its usual performance, which often sets the tone for the meme coin market. With a market capitalization of $17.9 billion, DOGE is still the leading meme coin, but its recent losses have sparked concerns about its future prospects. The coin's price has fallen below key resistance levels, and its daily trading volumes have dropped by 38% to $531 million.

Meanwhile, other meme coins have seen significant gains in the last 24 hours. Zyncoin and Mongcoin have emerged as top gainers, with increases of 44.2% and 40.1%, respectively. This surge in meme coin values suggests that investors are still bullish on the sector, despite DOGE's struggles. The market capitalization of meme coins has fallen below $50 billion in recent weeks, but the current uptick suggests a possible reversal in fortunes.

The wider cryptocurrency market is also experiencing a mixed trend, with Bitcoin (BTC) and Ethereum (ETH) seeing losses of 1.83% and 0.55%, respectively. However, some altcoins like Toncoin, Tron, and Avalanche have seen gains in the last 24 hours. The market is likely to remain volatile in the coming days, with investors keeping a close eye on macroeconomic factors and regulatory developments.

In conclusion, the meme coin market is experiencing a resurgence, despite Dogecoin's struggles. While DOGE's losses are a cause for concern, the broader market's uptick suggests that investors remain bullish on the sector. As the market continues to evolve, it's essential to keep a close eye on developments and trends to make informed investment decisions.