Whereas the meme coin supercycle is kicking into excessive gear with hundreds of recent 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% 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 buyers focus their consideration and capital on rising meme cash with probably extra potential?
Some specialists counsel 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 Buyers Lose Curiosity in $DOGE
Dogecoin’s worth woes haven’t been the results of a particular 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 only $2.21 billion in late February, a decline of 60%. On the identical time, there have solely been 66 whale transactions over $1 million throughout 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 right this moment—an 85% decline. This appears to be like even worse when contemplating Dogecoin’s efficiency on longer timescales. Simply final November, throughout 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 robust assist stage. From its present worth 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.’
$DOGE
I really like $DOGE however chart doesn’t look nice.
– Weekly swing fail at highs
– nuked vary lows
– again under March 24 excessive
– wick crammedBottoms don’t look nice, so if it isn’t the underside its executed 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. Nonetheless, a minimum of for the foreseeable future, meme coin merchants on the lookout for revenue may wish to avoid $DOGE.
BTC Bull Raises $3 Million as Analysts Anticipate it to Pump
Whereas Dogecoin is struggling, up-and-coming meme cash are seeing explosive beneficial properties and swelling assist from merchants. One token that appears to be positioned to ship income is BTC Bull ($BTCBULL).
This rising meme coin has hitched its wagon to Bitcoin, the oldest and largest cryptocurrency—and at present 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 value 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 in regards to the new $BTCBULL token, suggesting it may very well 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 finest crypto presale.’
$BTCBULL is accessible for grabs now throughout the mission’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.
Go to BTC Bull Presale
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