The memecoin sector, including PEPE and Shiba Inu (SHIB), is witnessing a gradual increase in holder numbers, signaling potential price recovery. Over the past two weeks, PEPE saw an addition of over 1,500 addresses, bringing the total to 553,446, according to Etherscan. Despite whales holding nearly 90% of PEPE's total cap, they constitute only 0.11% of all holders. Similarly, SHIB holders increased from 1.583 million to 1.585 million, with whales controlling 95% of the supply but representing just 0.05% of holders. Both PEPE and SHIB have broken descending resistances, indicating potential price rebounds. PEPE is trading near its breakout zone, supported by the Ichimoku Cloud, while SHIB is approaching a slanting resistance with reduced selling pressure. The broader memecoin market saw a 26% increase in trading volume over the past month, with over $3 billion exchanged across various tokens, suggesting a possible recovery if retests are successful.