Whereas the meme coin supercycle is kicking into excessive gear with hundreds of latest token launches day by day, among the largest cash on this sector are falling behind. Dogecoin ($DOGE), the main meme coin by market cap, is down 18% previously 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 will traders focus their consideration and capital on rising meme cash with presumably extra potential?
Some specialists recommend 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 Traders Lose Curiosity in $DOGE
Dogecoin’s value woes haven’t been the results of a particular catalyst. As an alternative, they signify a extra worrying pattern—long-term $DOGE holders and whales are merely dropping curiosity within the Dogecoin community.
Evaluation signifies that open curiosity in Dogecoin has fallen from $5.41 billion earlier this 12 months to simply $2.21 billion in late February, a decline of 60%. On the identical 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 immediately—an 85% decline. This appears to be like 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 value chart with warning. The token has been falling with December, and it’s nonetheless removed from a robust help stage. From its present value stage of $0.21, it appears to be like like $DOGE may fall all the way in which 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 carried out 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 tip for the world’s largest meme coin. Nevertheless, not 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 $3 Million as Analysts Count on it to Pump
Whereas Dogecoin is struggling, up-and-coming meme cash are seeing explosive good points and swelling help from merchants. One token that appears to be positioned to ship earnings is BTC Bull ($BTCBULL).
This rising meme coin has hitched its wagon to Bitcoin, the oldest and largest cryptocurrency—and at the moment the token main the crypto bull run. Actually, BTC Bull is providing actual Bitcoin rewards so traders can take full benefit of $BTC’s rise.
The way in which this works is easy: traders who maintain $BTCBULL can look ahead to actual $BTC airdrops when the worth of Bitcoin reaches $150k, $200k, and $250k. So, as Bitcoin pushes increased, BTC Bull traders obtain tokens to allow them to be a part of the motion and lock in huge earnings.
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 in regards to the new $BTCBULL token, suggesting it could possibly be the subsequent meme coin to blow up as soon as it hits exchanges. NASS Crypto, who has greater than 1 million subscribers on YouTube, known as it ‘Bitcoin’s greatest crypto presale.’
$BTCBULL is obtainable for grabs now in the course of the challenge’s presale, which has already raised nearly $3 million. At present, traders can lock in cash at a reduced value of $0.002385, plus fill their baggage with staking rewards of as much as 147% APY.
Disclaimer: The above article is sponsored content material; it’s written by a 3rd celebration. CryptoPotato doesn’t endorse or assume accountability for the content material, promoting, merchandise, high quality, accuracy, or different supplies on this web page. Nothing in it needs to be construed as monetary recommendation. Readers are strongly suggested to confirm the knowledge independently and punctiliously earlier than partaking with any firm or challenge talked about and do their very own analysis. Investing in cryptocurrencies carries a danger of capital loss, and readers are additionally suggested to seek the advice of an expert earlier than making any selections that will or is probably not primarily based on the above-sponsored content material.
Readers are additionally suggested to learn CryptoPotato’s full disclaimer.
Binance Free $600 (CryptoPotato Unique): Use this link to register a brand new account and obtain $600 unique welcome provide on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE place on any coin!
