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Cryptocurrency News Articles
The memecoin mania is far from over. With Bitcoin stabilizing and Ethereum surging post-upgrade, altcoins—especially memecoins—are stealing the spotlight again
May 16, 2025 at 11:35 pm
This memecoin mania is far from over. With Bitcoin stabilizing and Ethereum surging post-upgrade, altcoins—especially memecoins—are stealing the spotlight again.
Memecoin mania is far from over. As Bitcoin (BTC) trades sideways and Ethereum (ETH) continues its post-upgrade surge, altcoins—especially memecoins—are stealing the spotlight again.
Among them, three tokens stand out: WIF (dogiwfhat), Pepe, and Shiba Inu. These charts are showing strong setups that could potentially turn small portfolios into life-changing gains.
Let’s break down what the charts are telling us—and which of these top 3 memecoins has the highest potential.
Top 3 Memecoins
Is WIF (dogiwfhat) Gearing Up for a Major Breakout?The daily chart of WIF tells a powerful story of recovery and renewed bullish momentum. After months of decline, the price finally broke above the 20, 50, and 100-day simple moving averages (SMA) in May. This crossover is often the first sign of a reversal in sentiment.
More impressively, WIF has established support above the psychological $1 level, with Fibonacci retracement levels holding well between $0.75 and $1.05. The recent candle bodies are tightly packed, showing consolidation just under local resistance at around $1.13.
The 200-day SMA at $1.45 is the next target. A clean breakout above this could trigger a wave of FOMO and send the price toward the $2.50–$3.00 region. If momentum builds from here, a 2–3x move in the short term is not off the table.
Can Pepe Retest Its All-Time Highs?Pepe has been one of the most talked-about memecoins, and its daily chart shows why. A textbook breakout occurred in early May, with massive green candles pushing through the 20, 50, and 100 SMA zones in one go.
The Fibonacci extension levels between $0.000012 and $0.000014 are acting as the current resistance band. While a small pullback has occurred, this appears healthy rather than bearish. The price is respecting the support zone around $0.000011, aligning with the golden pocket of the Fibonacci retracement.
As long as Pepe stays above this zone and consolidates, bulls remain in control. If volume picks up, a rally toward $0.000018 and even $0.000022 is possible in the coming weeks.
With community hype, viral memes, and strong liquidity, Pepe could surprise the market with a second leg up—potentially delivering a 100% return from current levels.
Will Shiba Inu Join the Rally or Lag Behind?Shiba Inu’s daily chart paints a more cautious picture compared to WIF and Pepe. While the token has broken above the 20, 50, and 100-day SMAs, it’s still wrestling with the 200-day SMA, currently acting as resistance around the $0.000018 range.
The Fibonacci levels show key resistance at $0.000015 and again at $0.000017. The structure here is neutral to bullish. Shiba is consolidating between support at $0.00013 and resistance at $0.00015, forming a tight flag pattern.
If this setup resolves to the upside, a move to $0.00020 is likely, followed by a potential squeeze toward $0.00026. However, unlike WIF and Pepe, Shiba needs stronger volume and momentum to break free from this consolidation.
If it clears the 200-day SMA convincingly, the upside could be massive—but until then, it may underperform the other two.
Which Memecoin Has the Most Millionaire-Making Potential?Among the three, WIF looks the most explosive. Its recent price action and reclaim of major SMAs, along with consolidation above $1, suggests a strong setup for a vertical rally.
Pepe is not far behind, already showing bullish continuation signs and respecting key technical levels. Shiba Inu, while still promising, appears to be the most conservative play. It may eventually follow the same path, but right now, the chart suggests it needs more time or a catalyst to ignite.
If you're looking for high-risk, high-reward plays in the next two months, WIF and Pepe lead the pack.
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