Next Memecoins to Explode, March 8 – Pepe, Dogecoin, Floki
Highlights:
- PEPE may surge if it breaks $0.00000725, with a 40x rally predicted after its correction phase.
- DOGE is forming a symmetrical triangle, and a breakout above $0.214 could trigger strong bullish momentum.
- FLOKI’s price depends on ecosystem growth, and a breakout will follow the overall crypto market trend.
The memecoin market has crashed to the red zone, with most of the top 20 coins showing bearish momentum despite bullish announcements this week, such as the strategic reserve and the White House crypto summit. Data from CoinGecko shows that the memecoin market is down by 2.7% to $57 billion.
The overall crypto market cap has decreased by 2.06% to $2.83 trillion in the past 24 hours. In addition, the trading volume has dropped 10.24% to $116.55 billion. The fear and greed index remains unchanged in the past week and is in the fear zone. Market observers argue that the market will need some time to adjust to the recent developments before the bull market starts. While the market is in a bear mood, it offers a chance for investors to buy the dip; hence, these are the next memecoins to explode.
Next Memecoins to Explode
1. Pepe (PEPE)
The frog-themed memecoin, PEPE, is trading at $0.000006872 in the past 24 hours. The market cap stands at $2.89 billion, and the trading volume has increased by 11.38% to $615.7 million. The coin is down over 13% in the past year.
Crypto analyst CryptoELITES has hinted that a bullish move is coming soon. The chart analysis indicates an upward trajectory after PEPE finishes in its correction zone. The analyst has predicted that a 40-times surge is imminent as the whole market starts to rally.
Why shouldn’t PEPE pump 40X?
A big move is coming soon! It's sitting right in the buy zone, and RSI is flashing a bullish signal.
Don't miss out—join my Telegram for more insights! 👇
Telegram Channel : https://t.co/EeTzlid4ek$PEPE #Pepe #Memecoin #Trump pic.twitter.com/W3HH88DZz6
— @CryptoELlTES (@CryptooELITES) March 7, 2025
On the 4-hour daily chart, PEPE is facing the first resistance level at $0.00000725. A breakout here could push PEPE toward $0.00000826, setting the stage for a bigger rally. However, failure to hold $0.00000670 support could lead to a further downside. The RSI is at 41.14, showing neutral conditions but signaling potential recovery. If the RSI crosses 50, bullish momentum will strengthen, increasing the chances of an upward move. If price action confirms the bullish setup, PEPE could be the next memecoin to explode.
2. Dogecoin (DOGE)
The largest memecoin is trading at $0.1978, with a 1.37% drop in the past 24 hours. The market cap has dropped to $29.34 billion, while the trading volume is down 15.43% to $1.51 billion. DOGE has seen a slight increase of 18% in the past year.
According to popular analyst Alan, Dogecoin is preparing for a major move. The symmetrical triangle on the 4-hour chart suggests an impending breakout.
$Doge could make a major move this weekend 👀#Dogecoin https://t.co/h1uaoYknBz pic.twitter.com/wmEZ4yLJqk
— Trader Tardigrade (@TATrader_Alan) March 8, 2025
If DOGE breaks above $0.214, bullish momentum could take over. The next key resistance stands at $0.240. A successful breakout may trigger a strong rally and push prices higher. A move below $0.196 might lead to losses for investors.
3. FLOKI (FLOKI)
FLOKI is trading at $0.00007024, reflecting a 2.50% decrease over the past 24 hours. The trading volume of the coin stands at $107.99 million, which is a 0.94% increase over the past 24 hours. However, the market capitalization has decreased to $676.14 million.
Floki hit a week high of $0.00008953 after Metamask recently announced support for the Floki Inu domain extension, which was launched in June last year. The integration offers simplified transactions, cross-chain security, and enhanced security.
Metamask Now Supports the .floki Domain Extension! 🔥
Sending and receiving crypto just got easier.
Starting today, you no longer need to deal with long, complicated wallet addresses. Simply use your .floki domain to send and receive crypto directly in Metamask!
Metamask will… https://t.co/0gp3kGXhS3 pic.twitter.com/P7kfYPzRR1
— FLOKI (@RealFlokiInu) March 4, 2025
The price movement of memecoin is mostly influenced by partnerships and growth within the ecosystem. However, macroeconomic factors also influence the price. A price breakout of the coin will follow the broader movement of the overall crypto market.
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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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