Next Memecoins to Explode, February 1 – Dogecoin, Pepe, Floki
Highlights:
- Dogecoin gains momentum with Grayscale Dogecoin Trust and rising interest in meme coin ETFs.
- PEPE surges after BitFlyer listing and strong growth potential with bullish price predictions.
- FLOKI rises with a major CoinGecko partnership to boost its Trading Bot platform visibility.
The cryptocurrency market continues to recover after the FOMC announcement. The overall crypto market cap has declined by 0.83% to $3.52 trillion in the past 24 hours. However, the trading volume has gained 21.30% to $123.02 billion. Data from Coingecko shows that the meme coin market is down by 0.7% today to $101 Billion. Most of the top 10 memecoins are trading in the red zone in the weekly chart.
The meme coin market is set to explode as investment firms start to file for ETFs such as the Dogecoin ETF. The filings indicate the entry of meme coins into mainstream financial products. Meme coins offer the best entry point for new investors and provide quick investment returns. These memecoins are set to explode and offer the best investment choices today.
1. Dogecoin (DOGE)
DOGE is currently trading at $0.329, which represents a 0.45% increase over the last 24 hours. The market cap stands at $48.64 billion, which is a 0.46% increase in the past 24 hours. The trading volume has increased by 35.78% to $1.75 billion.
Grayscale Investments has launched the Grayscale Dogecoin Trust. This new product offers institutional and accredited investors exposure to Dogecoin. The trust charges a 2.5% annual management fee. It follows the strategy of Grayscale’s XRP Trust, launched in September 2024.
🚨 Grayscale Launches Dogecoin Trust—From Meme to Financial Inclusion Tool 🚨
Grayscale Investments has introduced the Grayscale Dogecoin Trust, positioning $DOGE as more than a meme and a serious contender in global financial inclusion. Here's what you need to know:… pic.twitter.com/SfdIA8c5H4
— AIFinInsights (@aifininsights) February 1, 2025
Trump-era policies have fueled meme coin momentum. Dogecoin has surged 328% in the past 12 months. A major spike occurred after the November U.S. election. The pro-crypto stance has attracted institutional interest. Since January, several asset managers have filed for meme coin ETFs. This marks a big shift from the previous administration’s cautious approach under SEC Chair Gary Gensler.
2. Pepe (PEPE)
PEPE is trading at $0.00001381 with a 6.90% increase in the past 24 hours. Its market cap has increased to $5.81 billion. The trading volume has increased 98.76% in the last 24 hours to $1.42 billion. The coin has tumbled 8.79% in the past one week.
PEPE coin recently surged after BitFlyer, a Japanese crypto exchange, announced its listing. This marks a key milestone for PEPE. BitFlyer listed PEPE on January 30, making it available to Japanese users. However, deposits and withdrawals remain temporarily unavailable.
／
Popular meme coin PEPE is now listed❗
＼Pepe ( PEPE ) has been listed today🙌
PEPE is a meme coin inspired by Pepe the Frog
Ranked as 4th largest meme coin in market capitalization✨
Continues to gain widespread popularity🔥Now available for easy trading on bitFlyer’s… pic.twitter.com/60Pmmd5uay
— bitFlyer（ビットフライヤー） (@bitFlyer) January 30, 2025
The exchange promised to notify users when these services become active. Such listings often boost a coin’s growth significantly. Earlier this month, Binance expanded PEPE support in the Middle East and North Africa (MENA) region. This led to a quick 3% price surge.
Analysts remain optimistic about PEPE’s price. One analyst predicted a 125% jump, targeting $0.000032. He believes the token’s recent low marked its bottom. This bullish flag pattern supports the prediction of a strong rally. PEPE’s recent rebound shows its potential for further global growth and price gains.
$PEPE next target price is $0.000032 pic.twitter.com/Wy07r4COKF
— CW (@CW8900) January 30, 2025
3. FLOKI (FLOKI)
FLOKI is trading at $0.0001335, reflecting an 8.19% increase over the past 24 hours. The coin has gained over 387% year long and is expected to surge further. The trading volume of the coin stands at $328.72 million, which is a 108.82% increase over the past 24 hours. The market capitalization has increased to $1.28 billion.
Floki has partnered with CoinGecko for a three-month marketing campaign starting January 31, 2025. This collaboration aims to promote Floki’s Trading Bot platform. CoinGecko, a leading crypto data aggregator, receives over 167 million pageviews monthly. It also has 111 million active users. CoinGecko covers over 16,000 digital assets across 1,000+ exchanges.
This week in the $FLOKI / $TOKEN Weekly Recap:
✓ Floki @ CoinGecko
✓ Partner updates
✓ Build with us 👷
✓ Trading competition updates
✓ The future of tokenization & TokenFiAll this, and more, on Saturday, February 1, at 6 PM UTC! 👇https://t.co/yvZheBi44U
— FLOKI (@RealFlokiInu) January 31, 2025
Floki’s strategy includes video content for CoinGecko’s YouTube channel, which has 222,000 subscribers. This campaign will significantly boost Floki’s exposure in the crypto community.
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Austin Mwendia
Austin Mwendia is a passionate crypto journalist with three years of experience. He has contributed to various media outlets, covering blockchain technology, market analysis, and financial trends. He is committed to educating readers and expanding the adoption of blockchain and decentralized finance.
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