Whereas the meme coin supercycle is kicking into excessive gear with hundreds of latest token launches every day, a number of the greatest cash on this sector are falling behind. Dogecoin ($DOGE), the main meme coin by market cap, is down 18% prior to now week and has seen buying and selling quantity gradual to a trickle.
That begs the query, the place is Dogecoin headed for this bull run, and may buyers focus their consideration and capital on rising meme cash with probably extra potential?
Some specialists counsel the latter, indicating that it could be time to take a look at a brand new meme coin with explosive potential: BTC Bull.
Dogecoin Falters as Buyers Lose Curiosity in $DOGE
Dogecoin’s worth woes haven’t been the results of a selected catalyst. As a substitute, they symbolize a extra worrying pattern—long-term $DOGE holders and whales are merely shedding curiosity within the Dogecoin community.
Evaluation signifies that open curiosity in Dogecoin has fallen from $5.41 billion earlier this 12 months to only $2.21 billion in late February, a decline of 60%. On the similar time, there have solely been 66 whale transactions over $1 million in the course of the month of February, the bottom since November 2024.
Buying and selling quantity, which peaked at over $11.5 billion in early February, is all the way down to $1.8 billion at this time—an 85% decline. This appears even worse when contemplating Dogecoin’s efficiency on longer timescales. Simply final November, in the course of the pleasure round President Trump’s election, $DOGE buying and selling quantity was approaching $40 billion per day.
Analysts are additionally eyeing the Dogecoin worth chart with warning. The token has been falling with December, and it’s nonetheless removed from a powerful assist stage. From its present worth stage of $0.21, it appears like $DOGE might fall all the best way to $0.14 earlier than hitting backside—a possible lack of 33%.
As one analyst on X, @StrongHedge, put it, the chart ‘doesn’t look nice.’
I like $DOGE however chart doesn’t look nice.
– Weekly swing fail at highs
– nuked vary lows
– again beneath March 24 excessive
– wick stuffedBottoms don’t look nice, so if it isn’t the underside its accomplished for some time.
Market all depends on Bitcoin tho tbh pic.twitter.com/MNCQC0u9so
— $trong (@StrongHedge) February 25, 2025
Dogecoin has rallied earlier than, so no credible analysts are calling this the top for the world’s greatest meme coin. Nevertheless, no less than for the foreseeable future, meme coin merchants on the lookout for revenue would possibly need to keep away from $DOGE.
BTC Bull Raises $3 Million as Analysts Count on it to Pump
Whereas Dogecoin is struggling, up-and-coming meme cash are seeing explosive good points and swelling assist from merchants. One token that appears to be positioned to ship income is BTC Bull ($BTCBULL).
This rising meme coin has hitched its wagon to Bitcoin, the oldest and largest cryptocurrency—and presently the token main the crypto bull run. In truth, BTC Bull is providing actual Bitcoin rewards so buyers can take full benefit of $BTC’s rise.
The way in which this works is easy: buyers who maintain $BTCBULL can stay up for actual $BTC airdrops when the worth of Bitcoin reaches $150k, $200k, and $250k. So, as Bitcoin pushes greater, BTC Bull buyers obtain tokens to allow them to be a part of the motion and lock in huge income.
BTC Bull additionally plans to spice up the worth of the $BTCBULL token with buyback and burn occasions when Bitcoin hits $125k, $175k, and $225k. That ensures there’s no break within the pleasure round this token and buying and selling quantity stays excessive.
Analysts are excited concerning the new $BTCBULL token, suggesting it might be the following meme coin to blow up as soon as it hits exchanges. NASS Crypto, who has greater than 1 million subscribers on YouTube, referred to as it ‘Bitcoin’s greatest crypto presale.’
$BTCBULL is on the market for grabs now in the course of the venture’s presale, which has already raised virtually $3 million. At the moment, buyers can lock in cash at a reduced worth of $0.002385, plus fill their luggage with staking rewards of as much as 147% APY.
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