PNUT Crypto, the squirrel-themed token once mentioned by Elon Musk, is gaining traction again, blasting over 54% in the last 24 hours. Old meme coins are showing strong reversals, signaling a renewed appetite for risk. BRETT, often dubbed the king of meme coins on the Base chain, has printed a solid 24% gain in a single day and now boasts a 30-day rally of over 260%. Could be one of these the best meme coin to buy this month?
May is off to a strong start. Bitcoin, historically green this month, has reclaimed bullish momentum. The latest FOMC meeting on May 7 added fuel to the fire. The Federal Reserve held interest rates steady, as expected, but struck a slightly dovish tone in its messaging. Fed Chair Jerome Powell dismissed the idea of further rate hikes for now and acknowledged recent inflation stickiness without signaling alarm. Markets interpreted the stance as a green light for risk-on assets.
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As a result, the crypto market surged. Bitcoin broke above the psychological $100,000 level for the first time, pulling altcoins and meme tokens along with it. With macro uncertainty easing and liquidity improving, traders are diving back into high-volatility plays and meme coins are leading the charge.
(PNUTUSDT)
PNUT peaked at $2.5 in late November 2024. The pump didn’t live long and PNUT crashed over 96% from its ATH touching its lowest in April 2025. It consolidated between $0.1542–$0.1942, recently breaking out to $0.2744. Volume also spiked over 600% in the last 24 hours with $827 million total volume. A break above $0.2949 could target $0.40 and $0.60; otherwise, it may retest support.
We could probably see some cooldown during the weekend but for now the market seems to hold the bullish sentiment.
BRETT Price Analysis – Signs of a Bullish Reversal: Best Meme Coin To Buy?
BRETT has shown strong signs of recovery after months of downward pressure. Following a long decline from highs around $0.24, the token found a solid base near $0.027, where it consolidated throughout March and early April. This level acted as a crucial support zone that prevented further downside.
Recently, BRETT has broken above both the psychological level of $0.05 and the 100-day simple moving average (SMA), which had been capping price action for months. This breakout marks a potential shift in market sentiment and could be an early indicator of a bullish trend reversal.
One of the most significant moves is the recent push through the $0.072 resistance zone. If the price can hold above this level, it could act as new support and pave the way for a move toward the next major resistance around $0.106. However, as the price has risen quickly, a short-term pullback or consolidation phase wouldn’t be surprising.
Overall, BRETT appears to be gaining bullish momentum, and the technical structure suggests growing buyer interest. Holding above $0.072 keeps the bulls in control, while a drop below $0.042 could put the recovery at risk.
DISCOVER: Top Solana Meme Coins to Buy in May 2025
Solaxy ($SOLX) Presale Heats Up with $200K Buy: Could This Layer-2 Be The Next 100x?
Solana (SOL) is trading above $172, up 11% in the last 24 hours. The network’s momentum is drawing attention to a new project that could become a game changer: Solaxy, a Layer-2 scaling solution built specifically for Solana.
While memecoins are driving volume, Solaxy is building infrastructure. The project has already raised over $34 million in its presale, with one buyer recently committing $200,000 in a single transaction. Early investors see more than hype here. They see early access to a solution Solana has needed for years.
Solaxy uses rollup technology, zk-proofs, and deterministic sequencing to handle high transaction volumes off-chain. It then settles those batches securely on the Solana mainnet. This method reduces congestion, lowers fees, and keeps latency low even during network spikes.
DeFi users, traders, and meme coin projects often run into failed transactions and slow performance. Solaxy addresses those problems directly, offering faster throughput without sacrificing security.
Solaxy’s presale offers $SOLX tokens at just $0.001718. Staking rewards stand at 120% APY, giving early buyers both growth and yield. The reward structure targets long-term holders who want more than short-term flips.
With each funding milestone, the presale edges closer to ending. As more capital enters and prices rise, the opportunity for early exposure tightens.
Solaxy’s roadmap includes a live block explorer, testnet deployment, and a bridge UI built in collaboration with Sovereign SDK and Hyperlane. These tools will allow users to move assets across chains and monitor activity in real time.
Unlike vague timelines from other early-stage projects, Solaxy is already moving toward live deployment. Its infrastructure supports zero-downtime upgrades, keeping performance stable as it scales.
The Solaxy presale is live now. Interested users can access it through the official website. Best Wallet supports fast onboarding and cross-chain compatibility between Ethereum and Solana.
With Solana’s growth accelerating, $SOLX could become one of the few presale tokens that benefits directly from real network demand. For investors looking for a Layer-2 project with tech, traction, and timing. Solaxy checks all three boxes.
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Key Takeaways
- Both PNUT and BRETT have posted impressive 24-hour gains. Over 54% and 24% respectively. This highlights renewed trader interest in older meme coins showing strong reversal signals.
- The Federal Reserve’s steady rate decision and dovish tone on May 7 ignited a market-wide surge. Bitcoin broke above $100,000 and altcoins, including meme coins, are following the bullish trend.
- BRETT’s breakout above major resistance zones and technical indicators like the 100-day SMA signals a bullish reversal, positioning it as a strong candidate for the best meme coin to buy in May.
- Solaxy, the first Layer-2 for Solana, raises over $34M with strong momentum, with an investor purring $200,000 in this presale. Could be Solaxy the next 100x?
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