Most Promising Meme Coins: Pepe & Trump Coin Grow but Meme Index Can Soar Higher
Meme coin enthusiasts were excited as Pepe Coin ($PEPE) and The Official Trump Coin ($TRUMP) finally saw weekly gains while the broader market was still consolidating.
Some analysts think these meme coins are hovering near crucial support levels. But the broader crypto market sentiment is still cautiously optimistic due to macroeconomic uncertainties. Investors are now also considering Meme Index ($MEMEX), a brand-new crypto project offering an “ETF-like” solution for investing in meme coins.
Pepe and Trump Coin See Renewed Momentum
Pepe Coin was a star performer in 2024, but Q1 of this year hasn’t been great for meme coins.
After reaching its all-time high (ATH) of $0.00002803 in December 2024, PEPE lost crucial support levels and lost around 75% of its market value in the past few months.
But recent price movements showed Pepe was up by around 20% last week. This has finally set the stage for the meme coin to regain its lost momentum if the broader market conditions don’t deteriorate further.
Popular crypto analyst Ali Martinez recently tweeted that PEPE shows an inverse head-and-shoulders pattern on the chart.
$PEPE could be about to enter a bull rally! pic.twitter.com/7fJj9ZjxAf
— Ali (@ali_charts) March 18, 2025
The analysis highlighted the resistance at $0.0000075 as a critical resistance level. If PEPE can breach that threshold, Martinez believes the altcoin could set the stage for a massive rally. PEPE was currently trading around $0.000007003, inching closer to that crucial zone.
Meanwhile, the TRUMP coin also continues to grab headlines. Launched in January 2025, TRUMP’s value surged from $7 to $75 before correcting its current price of about $10.9.
TRUMP coin has witnessed a modest 5% gain over the past week, and its daily trading volume hovered around $600 million.
However, Trump Coin’s launch also brought some controversy. Reports suggest that entities linked to the Trump organization may have earned roughly $100 million in trading fees within two weeks, while retail traders took losses of around $2 billion.
Critics argue these revelations raise ethical red flags, especially given that the Trump administration shapes regulations for cryptos while simultaneously participating in the market.
Meme Index Raises $4 Million Despite Bearish Sentiment
Many early investors have recognized the potential of Meme Index (MEMEX). It’s the first project to offer a diversified approach to meme coin investing, similar to how traditional ETFs bundle stocks.
Instead of investing in a single meme coin, Meme Index has created themed baskets. Investors can pick from these baskets based on their personal risk tolerance.
For instance, the Titan and Moonshot indexes are lower-volatility baskets as they include blue-chip meme coins. But Midcap and Frenzy are designed for higher risk and much higher reward. These baskets focus on emerging tokens with exponential growth potential.
You need the MEMEX token to access these baskets. By staking MEMEX, holders can invest in specific baskets and gain governance rights.
It’s worth noting that the community can vote on which meme coins should be added or removed from the baskets.
Despite a broader market slump, MEMEX token presale has raised $4 million in record time. The project has even allocated 25% of its total supply to staking rewards, with current annual yields reaching 560%.
You can buy MEMEX for just $0.0166883, but the price will increase as the project enters the next presale phase.
The post Most Promising Meme Coins: Pepe & Trump Coin Grow but Meme Index Can Soar Higher appeared first on CryptoNinjas.