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Meme coin volatility spikes on DEXs as NeoPepe jumps 148% and OXL drops 77% in 24 hours

Technical Signals
28 Apr 2026
Tokenpost
View Source
Neutral
pluang ai news

Decentralized exchanges (DEXs) experienced extreme volatility in meme coins over the past 24 hours, with NeoPepe surging 148% and OXL plunging 77%. Solana-based tokens led the trend due to rapid launches and thin liquidity, causing sharp price swings. Despite high volatility, total DEX volume remained strong at $17.79 billion with 38.68 million transactions, highlighting ongoing retail interest and the risks of trading low-cap tokens. Investors should exercise caution with small liquidity pairs and watch for rapid liquidity rotation and momentum-driven price moves.

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