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Cryptocurrency News Articles

Fartcoin's momentum has been an early indicator of broader strength in the meme coin market this year, and it's starting to rise again.

May 01, 2025 at 06:08 pm

Dogwifhat is showing real strength today with a 5% pump. While it may lag slightly behind Fartcoin's 10% gain, it is still well outpacing the wider market.

Fartcoin’s momentum has been an early indicator of broader strength in the meme coin market this year, and it’s starting to rise again.

The project frontran the April meme coin market rally, with its gains beginning in March.

And in the past 24 hours, Fartcoin has added another 10% to its price, crossing $1.2 for the first time since January.

If recent weeks are anything to go by, Fartcoin’s strength signals that big gains will soon come to the broader meme coin market. So, what are the best meme coins to buy now?

Dogwifhat is showing real strength today with a 5% pump.

While it may lag slightly behind Fartcoin’s 10% gain, it is still well outpacing the wider market. For reference, the total crypto market cap is up 0.2% today.

$WIF’s relative strength indicates it could be a top performer as the market rises in the coming weeks.

The project was one of the top four meme coins through most of 2024, only trailing behind Dogecoin, Shiba Inu, and Pepe.

But quite like Fartcoin, Dogwifhat was one of the worst-hit projects when the market crashed in Q1 of 2025. However, Fartcoin is now up 5x from its March lows, and $WIF’s relative strength indicates that it’s next to a boom.

One of the hardest things about meme coin investing is that there are so many options to choose from. This can make decision-making challenging and can even lead to investors buying low-quality projects.

One way to negate this issue is to purchase infrastructure projects rather than specific meme coins. For instance, the Solana price massively benefited from the growth of meme coins since it provides the layer one blockchain on which most meme coins were traded.

But looking ahead, one of the smartest meme coin infrastructure plays might just be Solaxy, the world’s first Solana layer 2 blockchain.

It will tackle Solana’s congestion issue, making the network cheaper, faster, and more reliable.

This means Solana’s adoption can keep rising without negatively impacting the network performance. It’s a setup that could create billions of dollars in new value for Solana.

Solaxy is currently in presale and has raised $32 million so far, showing an incredible market appeal. This indicates that its price could explode once it hits exchanges.

Pudgy Penguins is a meme coin created by the Pudgy Penguins NFT brand, which was one of the hottest digital asset classes in 2021.

However, even after the team launched the meme coin, they continued developing the NFT ecosystem.

They recently applied for the world’s first NFT ETF, reflecting its position at the forefront of crypto innovation.

Advancements in the NFT ecosystem will draw more attention to the meme coin, which will likely cause its price to soar.

Like Dogwifhat and Solaxy, Pudgy Penguins has shown strength recently, rising by a whopping 76% this week.

However, the project has a relatively small cap of $700 million. Given its long track record and expansive ecosystem, it’s likely to be worth much more in the coming months.

Housecoin is the new kid on the block in the meme coin space.

But one of the things that makes this project stand out is that it is backed by several top analysts, even though it’s newly launched.

Prominent meme coin trader Ansem is one of its supporters, alongside other well-known figures including Lexapro and Jake Gagain.

Gagain underlined that Housecoin is generating a “solid community,” which is the bedrock for meme coin success.

The project light-heartedly aims to “flip the housing market” and also offers merchandise on its website.

There’s no groundbreaking utility behind the token, and it’s also not the most original idea; it appears to be a mashup of Fartcoin and SPX 6900. Nevertheless, its ability to attract attention from high-profile traders indicates that this is a project to watch.

It currently holds a $96 million market cap and is up 47% since listing on CoinMarketCap.

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Other articles published on May 01, 2025