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Cryptocurrency News Articles
These Are the Meme Coins to Keep an Eye on as Bitcoin (BTC) Moves Closer to Its All-Time High
May 21, 2025 at 12:53 am
The crypto market is gaining strong upward momentum as Bitcoin (BTC) moves closer to its all-time high, driving renewed enthusiasm across the entire space.
The crypto market is gaining strong upward momentum as Bitcoin moves closer to its all-time high, driving renewed enthusiasm across the entire space.
Meme coins, in particular, are showing notable strength, with the sector’s market cap rising by 2.87% in the past 24 hours. This surge reflects growing investor confidence and increased market activity.
What makes this moment especially compelling is that despite the recent gains, most meme coins remain significantly below their previous all-time highs.
This current phase offers a strategic accumulation window for those looking to position themselves ahead of a potential breakout. Historically, sharp Bitcoin rallies have often paved the part for meme coins to deliver outsized returns.
With sentiment shifting rapidly and momentum building, these are some of the meme coins to keep on your radar as the market heats up this summer.
Source – 99Bitcoins YouTube Channel
Dogwifhat (WIF)
Dogwifhat (WIF) is displaying signs of resilience following a recent pullback, now trading just below the $1 billion market cap at approximately $964 million.
Despite some short-term volatility, $WIF’s price action suggests strong underlying support as it consolidates near the $0.95 level, which marks the lower boundary of its recent trading channel. Historically, this zone has served as a reliable support level, often preceding significant rebounds.
Over the past week, the token has experienced a series of lower highs and lows, reflecting cautious short-term sentiment. However, volume remains stable, indicating that savvy investors are quietly accumulating rather than selling off.
This pattern, along with the absence of major capitulation, suggests a potential bullish reversal in the near term.
Looking ahead, Bitcoin’s price action will be critical; with Bitcoin testing the $105,000 resistance level and forming a triple-top pattern, an eventual breakout could spark a broad rally across meme coins, including $WIF.
If Bitcoin manages to push past this barrier, $WIF could follow, potentially reclaiming its previous highs near $1.10 and beyond.
In the short to mid-term, the current consolidation zone between $0.90 and $0.95 acts as support, while resistance lies near the recent peak at $1.10. A successful breakout aligned with Bitcoin’s rally could propel WIF toward $1.30 to $1.50 over the coming weeks.
Key Factors to Watch:
For investors, this consolidation phase may present a strategic entry point, especially as meme coin narratives gain strength. Platforms like KCEX provide accessible avenues to acquire $WIF ahead of potential upside.
Moo Deng (MOODENG)
Moo Deng has emerged as one of the standout performers in recent weeks, with its price rallying impressively from $0.06 to a peak of $0.33.
Despite a slight pullback to around $0.22, the token still recorded a solid 4.21% gain over the past week, showcasing its resilience amid market fluctuations.
Moo Deng experienced notable volatility over the past week, starting strong near $0.30 and briefly climbing to $0.32 on solid buying interest.
However, momentum soon weakened as a sharp sell-off pushed prices down to around $0.24, followed by a further decline to about $0.17. This drop was likely driven by profit-taking, broader market corrections, or a temporary shift in investor sentiment.
From that low point, Moo Deng staged a robust recovery, rallying back to nearly $0.27. This rebound was supported by renewed investor confidence or positive developments related to the project.
After this bounce, the token entered a consolidation phase between $0.24 and $0.27, reflecting a balance between buying and selling pressures. Trading volume remained moderate overall but showed an uptick during the recovery, indicating growing interest.
What makes Moo Deng stand out is its close correlation with Bitcoin’s price action. As Bitcoin approaches the critical resistance level near $105,000, Moo Deng appears to be following a similar pattern—surging, consolidating, and positioning for a potential upward move.
If Bitcoin breaks through to new all-time highs, Moo Deng is well-positioned to capitalize on the momentum and could be on track to challenge a $1 billion market cap soon.
Key Price Levels to Watch:
For investors, Moo Deng’s recent volatility presents both risk and opportunity. Monitoring Bitcoin’s price action alongside Moo Deng’s volume and price trends will be crucial in timing entries and exits.
Platforms supporting Moo Deng trading provide an accessible way to gain exposure ahead of what could be an exciting next phase.
While Moo Deng and Dogwifhat continue to demonstrate strong potential within the meme coin space, investors looking to diversify their portfolios might also consider emerging
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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