Next Memecoins to Explode, May 10 – Pepe, Floki, Fartcoin

Highlights:

• Altcoin season begins as memecoins lead gains and BTC dominance hits a critical resistance level.
• PEPE becomes the top-traded memecoin with a 14.65% daily rise and bullish chart setup.
• FLOKI and Fartcoin show strong volume and breakout signals with potential for further rally.

According to crypto analyst Mihir, the altcoin season has just kicked in as they start to dominate over Bitcoin. According to his analysis, BTC’s dominance has been strong since 2022. However, he notes that the coin has hit its critical dominance resistance and may pull back to a dominance of 62.4%. The start of the altcoin season has started to elevate most of the memecoins in the market, as most of the top ten memecoins are trading in the green zone today with major gains. According to CoinGecko data, the memecoin market is up 8.1% to $71 billion.

Meanwhile, the overall crypto market cap is up today by 1.67% to $3.27 trillion in the past 24 hours. In addition, the trading volume has increased 4.67% to $168.19 billion. The fear and greed index has shifted from the fear zone to the greed zone and stands at an index of 71. Most of the top 10 cryptocurrencies are also trading in the green zone, with Bitcoin hovering above $103,000. The start of the altcoin season is set to benefit the memecoin sector. As investors return to the market, here are the next memecoins to explode.

Next Memecoins to Explode

1. Pepe (PEPE)

The frog-themed memecoin operating on the Ethereum blockchain is trading at $0.00001254, a 14.65% increase in the past day. In addition, the trading volume has increased 52.91% to $3.36 billion. Meanwhile, the market cap stands at $5.27 billion. The coin has increased 46.65% and 84.47% in the weekly and monthly charts, respectively.

In the meteoric rise of PEPE, it has overtaken Dogecoin in the 24-hour trading volume to become the most traded memecoin as of press time. In addition, it ranks as the sixth most traded cryptocurrency in the entire market.

$PEPE just flipped $DOGE in 24h volume — it’s now the most traded memecoin and ranks as the 6th most traded crypto overall (not counting stablecoins). 🐸 pic.twitter.com/zZ8T9eXn6S

— moods (@fabriwtfbro) May 9, 2025

In addition, the PEPE/Tether daily chart supports the bullish momentum of the memecoin. According to trader CRYPTOzz, PEPE is trading inside a symmetrical triangle. The price is holding above the ascending support line. According to his analysis, the support of the coin lies between 0.00000050 and 0.00000059. A breakout above the triangle would confirm bullish momentum. According to him, if bulls maintain the momentum, PEPE is set to hit $0.00001700 in the near term.

2. FLOKI (FLOKI)

The utility token for the Floki Ecosystem is trading at $0.0001019, representing a 9.41% increase over the last 24 hours. The market cap stands at $981.36 million, and the trading volume has increased by 57.17% to $296.93 million. Moreover, the coin has gained 20.22% in the past week and 92% in the past month, making it one of the next coins to explode.

According to analyst Javon Marks, Floki is responding well to the recent price breakout. He points to a clear bullish trend with repeating falling wedge breakouts. Price broke out of each wedge with strong volume. The current wedge shows a breakout with increasing volume, and historical patterns suggest another potential strong rally. Resistance zones appear near 0.000018000 and 0.000022000. Support zones are near 0.000006000 and 0.000008000. Each breakout followed a tightening wedge structure. The latest breakout follows the same pattern and could lead to a 3x surge of the coin.

$FLOKI (Floki Inu) could be setting up to deliver a near 3X if not much, much more!

Prices are responding majorly to a recent breakout and we can see the significant surges that prior breakouts led into… https://t.co/Ti1E2ck21A pic.twitter.com/OvPxDRMyg7

— JAVON⚡️MARKS (@JavonTM1) May 9, 2025

3. Fartcoin (FARTCOIN)

Fartcoin is trading at $1.38, with a 16.12% increase in the past 24 hours. The market cap has increased to $1.38 billion, while the trading volume is up 54.43% to $418.79 million. The coin has gained 89% on the monthly chart.

According to Bitcoinsensus, Fartcoin is on the verge of a breakout of a falling wedge pattern. The chart suggests an expected upward move. If volume holds between the $1.20 and $2.15 zone, the coin may hit the price target of $2.15 as the altcoin season gains momentum.

$FARTCOIN ON THE VERGE OF BREAKING OUT :

Fartcoin is now breaking out from this last level of resistance📈

The next targeted level is the all time high order block coming at 2.15$.

There is a massive volume gap between 1.20$ and 2.15$, so expect a quick move up to the Target… pic.twitter.com/INx14vhYj3

— Bitcoinsensus (@Bitcoinsensus) May 9, 2025