Next Memecoins to Explode, Feb 12 – Dogecoin, Pepe, Bonk

Highlights:

• Dogecoin, Pepe, and Bonk are the next memecoins to explode as they follow bullish patterns and potential price pumps.
• Current activity indicates that Dogecoin may be gearing up, as the activity level is low, which indicates a possible upward movement.
• Pepe’s upward cup-and-handle formation indicates a potential 8x short-term price target attracting investors’ attention.

The crypto market has turned bearish again despite displaying signs of recovery at the start of the week. The broader slump has declined the global market cap by 2.90% to $3.14 trillion, while the 24-hour trading volume slightly increased to $103 billion.

The largest asset, Bitcoin, took a hit, dropping below the $95k level again, while major altcoins posted significant declines. Moreover, the memecoin followed the same trend with its market cap and trading to $68.68 billion and $7.19 billion, respectively. 

Despite the bearish sentiment, dips are known for offering lucrative returns when the market recovers. Here is a look at the next memecoins to explode, such as Dogecoin, Pepe, and Bonk.

Next Memecoins to Explode

1. Dogecoin (DOGE)

The largest memecoin, Dogecoin, is trading at $0.254, down by 4.50% in the past 24 hours. The memecoin has declined by 4% and 23% on the weekly and monthly charts, respectively. In addition, its market cap has decreased to $37.69 billion while the trading volume surged by 13% to $1.52 billion. 

Market expert Ali Martinez has noted that Dogecoin has experienced steady activity recently. Key metrics like daily active addresses, transactions, and whale movements have all decreased. These levels are now at their lowest, signaling a potential shift in market dynamics.

#Dogecoin $DOGE activity has been steady, with daily active addresses, transactions, and whale movements at key levels. A surge in these metrics could signal the start of a new leg up! pic.twitter.com/dBCd6FrG5b

— Ali (@ali_charts) February 12, 2025

Ali believes that a surge in these metrics could indicate the start of a new price movement. If these indicators rise, Dogecoin might be on track to become the next memecoin to explode.

2. Pepe (PEPE)

The frog-themed memecoin, PEPE, has been trading on a bearish note recently, declining by 43% on the monthly chart. At press time, PEPE is exchanging hands at $0.000009593, down by 7.80% in the past 24 hours. Its market cap and trading volume are at $4 billion and $853 million, respectively. 

Crypto analyst CryptoELITES has identified a bullish cup-and-handle pattern in PEPE’s chart, which suggests a potential upward movement. The chart analysis indicates an upward trajectory, with Fibonacci levels highlighting key resistance zones. If the price holds above support, an explosive move could follow and reach 0.0000145159.

Pepe is about to make a big move very soon!

Short-term target: 8X$Pepe #Pepe #Memecoin pic.twitter.com/nlSWBtJNWJ

— @CryptoELlTES (@CryptooELITES) February 11, 2025

With a projected short-term target of 8X, investors should keep an eye on this price movement. The chart suggests a parabolic rise, positioning PEPE as the next memecoin to explode. If the momentum sustains, key resistance levels could turn into support, fueling further gains. 

3. Bonk (BONK)

Solana-based memecoin, BONK, is trading at $0.00001735, recording a decline of 6.24% in the past 24 hours. BONK is down by 7% and 33% on the weekly and monthly charts, dropping the market and trading volume to $1.34 billion and $140 million, respectively. 

BONK shows strong bullish signals, with analyst eyeing a potential rally. The price recently rebounded from the $0.000014878 support level, breaking key resistance at $0.000050008. Fibonacci projections suggest targets at $0.000234986, $0.000536809, and $0.001679863.

BONK Gearing Up for a Massive Bull Run!

Here are my targets:
1️⃣ $0.000234986
2️⃣ $0.000536809
3️⃣ $0.001679863

◾️Bull Market Potential: Expecting 20-25x growth by the end of the bull run!#BONK $BONK pic.twitter.com/AlRqqKDdPJ

— @CryptoELlTES (@CryptooELITES) February 11, 2025

With growing investor interest, BONK’s breakout could gain momentum. A sustained move above resistance may trigger further gains. If momentum holds, the analyst suggests that in a bull market potential, BONK could surge by 20-25x, positioning it as one of the next memecoins to explode at the end of the bull run.