Next Memecoins to Explode, June 18 – DOGE, SHIB, SPX

Highlights:

• The next memecoins to explode are Dogecoin, Shiba Inu, and SPX, showing strong signs of rebound.
• Dogecoin’s steady climb points to a possible surge past $0.65 and even $1.25 long term.
• Shiba Inu’s token burns and solid support hint at growing scarcity and potential big moves soon.

The cryptocurrency market is under pressure today, with rising geopolitical tensions in the Middle East contributing to investor uncertainty. The global market capitalization is down 1.10% to approximately 3.25 trillion, and leading assets such as BTC, ETH, and XRP have all declined within the last 24 hours. Moreover, the Fear and Greed Index currently reads 48. 

Looking at the memecoin sector, most of the tokens are trading on the same path as the broad market. Its market capitalization and trading volume have declined to $54.30 billion and $6.27 billion, respectively. Amidst this decline, let’s take a look at the next memecoins to explode, such as Dogecoin, Shiba Inu, and SPX6900.

Next Memecoins to Explode

1. Dogecoin (DOGE)

The largest memecoin, Dogecoin, is trading around $0.1685 with a decline of 1.80% on the daily chart. Following the persisting bearish trend, the memecoin has dropped by 17% and 21% on the weekly and monthly charts, respectively. In addition, its market cap and trading volume have declined to $25.34 billion and $1 billion.

Dogecoin is on a bullish trend, showing higher lows and indicating strength. This price movement indicates a solid uptrend that can potentially experience a jump towards a price level of 0.6533, which is a massive appreciation of 260%. With the breakout becoming stronger, the strength can propel DOGE even further, possibly targeting a point of $1.25. This value is more than 600% above the current price, which means a bullish view in the long term, provided market conditions are maintained.

$DOGE (Dogecoin)'s prices are CONTINUING TO HOLD A BULLISH PATTERN & BREAKOUT and a MASSIVE MOVE TOWARDS $0.6533 can take place in result!

As prices continue to hold Higher Lows, this hints that Dogecoin is still in an uptrend and as the breakout holds, this gives a target where… https://t.co/yy7NsrbuXi pic.twitter.com/vNyO2ej0ZI

— JAVON⚡️MARKS (@JavonTM1) June 18, 2025

Given these price patterns and breakout signs, DOGE stands out among the next memecoins to explode. Its consistent upward movement and clear breakout targets highlight strong investor interest and market momentum.

2. Shiba Inu (SHIB)

Shiba Inu has shed off more than 17% over the past month as the price trades around $0.00001160 today. After failing to breach resistance at the $0.00001600 region, SHIB has been trading on a descending channel. Currently, the price is seeking support at the $0.00001100 level.

At the moment, Shiba Inu is holding close to the 0.00001163 mark with a solid support level. This price range has been steady several times, setting the foundation for a potential recovery. With this support still in place, the SHIB token could shoot up to the 0.00003000 and 0.00004000 zones.

$SHIB/USDT 📊 Weekly Analysis$SHIB is trading near 0.00001163, holding strong above a key support zone. This level has acted as a solid base multiple times, suggesting potential for a bullish move.

If support holds, SHIB could break out toward the 0.00003000–0.00004000 range.… pic.twitter.com/AVv71EXc80

— Alts King 👑 (@ZabiAltsKing) June 18, 2025

Meanwhile, the level of token burning has risen dramatically. The rate of burning increased by 360% within the past 24 hours, as more than 15 million tokens have been burned. Within the last seven days, over 1 billion tokens have been burnt out of circulation, tightening supply.

The increasing price support, combined with the fast-burn mechanics, indicates the rising scarcity and might be the factor boosting the price. With the supply dwindling and the demand remaining steady, the possibility of a breakout into major magnitudes is very high, putting SHIB in a favorable position for the next memecoin to explode.

3. SPX6900 (SPX)

SPX has gained momentum since it hit a low of 0.25 on March 11. The price of SPX has been slowly increasing and was just below a new all-time high on June 12, but declined during the next three days. Currently, the price is trading at $1.35 with an increase of 100% over the past 30 days. 

Technical indicators on the daily chart for SPX are bullish, predicting that the memecoin could reach new highs soon. Following the recent pullback, the Relative Strength Index (RSI) dropped to neutral levels but has created a divergence and is trending upwards again. This suggests a new wave of buying pressure in the SPX market.

In addition, daily technicals such as moving averages present strong buy signals. Only two moving averages display sell signals, indicating a positive sentiment, which could lead to renewed investor interest in SPX despite the current bearish trend.