Whereas the meme coin supercycle is kicking into excessive gear with hundreds of recent token launches every day, among 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 sluggish to a trickle.
That begs the query, the place is Dogecoin headed for this bull run, and will buyers focus their consideration and capital on rising meme cash with probably extra potential?
Some consultants recommend the latter, indicating that it may 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 selected catalyst. As a substitute, they characterize 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 yr 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 right down to $1.8 billion in the present day—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 powerful assist 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.’
Dogecoin has rallied earlier than, so no credible analysts are calling this the top for the world’s greatest meme coin. Nevertheless, not less than for the foreseeable future, meme coin merchants searching for revenue may need to avoid $DOGE.
BTC Bull Raises $3 Million as Analysts Count on it to Pump
Whereas Dogecoin is struggling, up-and-coming meme cash are seeing explosive features and swelling assist from merchants. One token that appears to be positioned to ship earnings is BTC Bull ($BTCBULL).
This rising meme coin has hitched its wagon to Bitcoin, the oldest and largest cryptocurrency—and 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 straightforward: buyers who maintain $BTCBULL can stay up for actual $BTC airdrops when the value of Bitcoin reaches $150k, $200k, and $250k. So, as Bitcoin pushes increased, BTC Bull buyers obtain tokens to allow them to be a part of the motion and lock in large 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 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, known as it ‘Bitcoin’s greatest crypto presale.’
$BTCBULL is offered for grabs now in the course of the challenge’s presale, which has already raised nearly $3 million. At the moment, buyers can lock in cash at a reduced value of $0.002385, plus fill their luggage with staking rewards of as much as 147% APY.
Go to BTC Bull Presale
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