Popcat seems to be in free fall, down nearly 70% from its all-time high (ATH) and 18% in the last 24 hours. However, while some see red, others see potential opportunities. Could Popcat, SPX, GigaChad, and WEPE be the best meme coins to buy?
For Popcat , what was once a promising rally has turned into a dramatic sell-off, but maybe there is a sign of recovery in sight. It looks like this sell-off is not tied only to BTC’s recent price drop.
Popcat has struggled since mid-November, following its remarkable $2.1 billion ATH. While strong corrections are common after reaching new highs, this situation seems to go beyond a simple profit-taking phase.
Popcat Price Action: Is a Recovery Possible?
Popcat’s ATH, achieved just a few months ago, saw prices soar over $2.00. However, the recent price of $0.5346 shows a loss of confidence among investors. The token recently broke below key support levels, including $0.6623, which now acts as resistance.
The next significant support lies at $0.3763, a level where buyers may attempt to re-enter the market. Popcat price really needs to stay above it.
A closer look at the daily chart reveals increasing trading volume, emphasizing the intensity of the sell-off. The 200-day moving average (MA), currently above the price, confirms the bearish trend. Attempts to break above the MA have failed repeatedly, further solidifying the downtrend.
What’s Next For Popcat?
So, what can we expect next? If Popcat fails to hold above the current $0.5346 support, a drop to $0.37 seems highly probable. Recovery would require a decisive shift in sentiment driven by strong buying momentum. This would involve breaking through key resistance levels, starting with $0.6623 and the 200-day MA at $0.9571.
Popcat remains in a precarious position, with possibly more red likely ahead. But also it’s not the first rodeo for Popcat, this meme coin demostrated before to be able to raise from its ashes. Some investors are still very bullish.
at $2, everyone called for $20 $popcat. at $0.66, everyone’s fading
bears will learn the hard way
— unvested (@unvested) January 8, 2025
SPX and Giga: Could They Aim Higher In Future?
SPX6900, the parody for the S&P 500, reached a $1.5 billion market cap just last week. As expected, the price is down, currently at $1.17, a 27% correction from the top. But the general consensus is that SPX could aim much higher, possibly targeting the $2 mark next.
The meme and the community seem very strong, with Murad that keeps his expectations very high for SPX.
even if you don't realise it yet, $SPX is you.
and you are $SPX.
the only enemy is tradfi.
stop trading and believe in something💹🧲 pic.twitter.com/E53r5h6JGC
— SPX6900💹🧲 (@spx6900) January 9, 2025
We recently discussed GigaChad, a meme coin that has shown impressive strength with 12 straight months of gains. Both Gigachad and SPX6900 appear to have substantial support—both on social media and in their charts and they appear to be the best meme coins for the upcoming meme coin “Supercycle”.
(GIGAUSDT)
The RSI is hovering around 50, suggesting momentum is fairly neutral. If GIGA holds above the $680 million level, it could attempt another push toward $800 million or higher.
A close below the current support might prompt a retest of the 100-day MA near $530 million. A sustained break opens the door to further downside, possibly toward the $300 million mark.
While Popcat may face further struggles in the coming days, SPX and GIGA appear poised to maintain their status as the best meme coins 2024, potentially extending their success into 2025.
EXPLORE: Did AIXBT by VIRTUALS Finally Find The Bottom?
Wall Street Pepe: Hottest Presale For This 2025?
Wall Street Pepe is confirming one of the hottest presales in 2025. It raised over $44 million during its presale and gained attention for its blend of humor and practicality. Building on the iconic Pepe meme, this project offers real value to investors, making it stand out in a crowded meme coin market.
One of Wall Street Pepe’s key features is its utility. Investors can earn staking rewards with a current 28% annual percentage yield (APY). The platform also provides access to insider trading groups, trading signals, and tools designed to help smaller investors compete more effectively in the crypto market.
Beyond its financial perks, Wall Street Pepe is focused on education. Weekly trading competitions reward participants with free $WEPE tokens, encouraging the community to develop better strategies. Future plans include more educational materials and events to support investor growth.
With its low presale price of $0.00036644 and predictions of a 10x return after launch, Wall Street Pepe draws interest from traders and influencers alike. It’s not just a meme—it’s a coin with a purpose, offering both fun and financial potential.
Visit WEPE official website to learn more about this promising project.
EXPLORE: 15 New & Upcoming Coinbase Listings to Watch in 2025
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