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Cryptocurrency News Articles
Top 3 Meme Coins To Watch Today: ZEREBRO, FARTCOIN, and LOFI
May 07, 2025 at 10:00 pm
ZEREBRO is down over 22% this week, shaken by the controversy surrounding developer Jeffy Yu and a major $1.27M token dump.
Meme coins have been a hot topic in recent times, especially with the emergence of SUI meme coins and the varsity spirit in the crypto space.
Among the meme coins to watch today, ZEREBRO has plunged nearly 22.5% over the past seven days, driven by intense controversy surrounding its developer, Jeffy Yu. According to a thread by Lookonchain posted on X, the situation began on May 4 with the launch of a token called $LLJEFFY, accompanied by a Mirror article from Jeffy referencing it.
Days later, an obituary for Jeffy Yu appeared on Legacy.com, and his personal X account and Zerebro’s official X account were deleted. The situation escalated until Daniele Sesta publicly claimed Jeffy was still alive, presenting evidence.
Finally, on May 12, Jeffy Yu himself confirmed that he was indeed still alive and had staged a fake death video and a "permanent disappearance." In a video message on X, Jeffy explained his actions, stating that he was being driven to extremes by the constant harassment, online hate, and antifan behavior he had faced since the beginning of the year.
"I've had enough. I'm tired of the antifans, the hate, and the constant negativity," Jeffy said in the video message.
He went on to say that he had planned his "disappearance" carefully and that he hoped to use this time to "reset and focus on what matters."
"I'm not running away; I'm simply stepping back to regain control of my life and my narrative," Jeffy added.
However, the drama continues as a wallet likely linked to Jeffy sold 35.55 million $ZEREBRO, worth approximately $1.27 million, just 11 hours ago.
Technically, ZEREBRO is on the verge of forming a bearish death cross, as its EMA lines approach a downward crossover. If this bearish structure confirms, the token could slide to test support at $0.025, and a breakdown below that may drive it further down to $0.0189.
Conversely, if buyers step in and reverse the trend, ZEREBRO could first retest the $0.041 resistance.
A breakout there would open the path to $0.054 and potentially $0.066, but market sentiment remains fragile amid the surrounding drama, making it one of the most relevant meme coins to watch today.
FARTCOIN
FARTCOIN, one of the most talked-about meme coins in recent months, is finally showing signs of a pullback after defying broader market trends several times.
The token is down nearly 11% over the last seven days, including an 8% drop in the past 24 hours alone.
After recently hitting a $1.1 billion market cap, FARTCOIN has been hovering around the critical $1 billion mark—losing and regaining it multiple times in the last few hours.
From a technical standpoint, if the current correction deepens, FARTCOIN could fall to test the $0.944 support level. A break below that may open further downside to $0.797 or even $0.717.
On the flip side, a strong bounce and renewed buying interest could send the token back up to $1.06.
If that resistance is cleared, FARTCOIN may aim for $1.20 and potentially $1.28, reigniting the bullish narrative that has driven its rise so far.
LOFI
LOFI is currently the third-largest meme coin in the SUI ecosystem, boasting a market cap of $33 million and a 13% gain in the last 24 hours.
It’s also up an impressive 321% over the past 30 days, reflecting strong momentum as the SUI meme coin space heats up.
With the top positions in the ecosystem still open, LOFI is actively pushing to claim a leadership role.
Technically, if LOFI’s uptrend continues, it could push toward resistance at $0.042, and a successful breakout there may send it further up to $0.0546.
However, if the rally loses steam, the first key support lies at $0.025. A breakdown below that could trigger a deeper correction toward $0.0228.
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!
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