Meme season is heating up in 2026. PEPE just posted a solid +34% rally following bullish sentiment, while DOGE pumped another +11%, leaving short traders underwater. The volatility across meme tokens right now is creating wild trading opportunities – leverage positioning on both long and short sides is where traders are making their moves. Farming rewards are spiking too, with yield protocols seeing increased activity as capital floods into the space. This kind of market energy typically doesn't last long, so traders hunting for edge are stacking positions across both volatile upside plays and tactical hedges.