Next Memecoins to Explode, November 1 – TRUMP, DOGE, BONK
Highlights:
- Trump Coin is showing a strong bounce, and a breakout above $8.50 could send the price toward $14.89.
- Dogecoin is holding key support in an ascending channel, and a move above $0.23 may confirm a bullish recovery.
- Bonk is testing a major resistance zone, and a breakout above $0.000015 could trigger a sharp rally toward $0.000026.
The crypto market is showing signs at the start of the month after a very volatile October, contrary to the predicted bullish momentum. Bitcoin has recovered past the $110,000 mark, a critical resistance zone. The total market cap is up 0.43% to $3.7 trillion at press time. However, the trading volume is down 19.18% to $144.6 billion in the past day.
The fear and greed index is holding in the fear zone at an index of 33. Meanwhile, the total liquidations in the last day totaled $213.82 million, with 102,533 traders liquidated. The memecoin market cap is up 1.8% to $60 billion, and the trading volume stands at $5.7 billion, according to CoinGecko data. With analysts expecting the market to recover this month, here are the next memecoins to explode.
1. Official Trump (TRUMP)
Trump Coin is leading the memecoin market recovery with a 2.35% rise to $8.27 in the past 24 hours. The market cap stands at $1.65 billion. However, the trading volume is down 34.7% to $1.11 billion.
TRUMP has bounced strongly from support near $5.30, showing renewed buying strength after weeks of sideways action. The price is testing resistance at $8.29. A breakout above this level could trigger a strong rally toward $14.89, where the next resistance lies. However, rejection at this zone may lead to a pullback toward $5.30 again. Buyers are showing early control, but momentum needs confirmation above $8.50.
The market structure suggests a potential bullish reversal if the breakout sustains. Volume is gradually increasing, hinting at rising trader interest. Hence, holding above $8.00 could attract more buyers and strengthen recovery chances. If momentum continues, TRUMP could reach $14.89 before December, marking a significant upside move.
2. Dogecoin (DOGE)
The largest memecoin by market cap is trading at $0.1860, a 0.87% increase in the past day. However, the trading volume is down 51.11% to $1.33 billion. Meanwhile, the market cap stands at $28.2 billion.
Dogecoin has maintained a steady trend inside an ascending parallel channel, signaling a clear bullish structure. The price is trading close to the lower boundary that acts as key support. Buyers are defending this zone as they prepare for a potential rebound.
$0.18 is crucial support for Dogecoin $DOGE. Hold it, and a move to $0.26 or $0.33 is possible. pic.twitter.com/IDTlZhDRPL
— Ali (@ali_charts) November 1, 2025
The mid-channel resistance lies around $0.23, where Dogecoin often faces selling pressure. A breakout above it could push the price toward $0.32, aligning with the upper boundary. However, losing support at $0.175 could shift sentiment and trigger a deeper correction. The current momentum remains neutral but is showing early signs of recovery. Hence, holding above $0.18 may confirm the start of a rebound toward $0.22 before extending to $0.30 in the coming weeks.
3. Bonk (BONK)
BONK, a Solana-based memecoin, is trading at $0.00001411, representing a 3.86% increase over the last 24 hours. The market cap stands at $1.15 billion, while the trading volume has decreased by 10.4% to $176.87 million.
BONK has started showing strength after a long decline inside a falling channel. The buyers are testing the upper boundary of the channel, which has acted as resistance since August. A breakout above this level could confirm a trend reversal. The next major target sits at $0.000026, where strong resistance awaits.
However, if the price fails to hold current levels, it may revisit $0.000010 for support. Traders are watching for a daily close above $0.000015 to confirm strength. Meanwhile, a successful breakout could trigger a sharp rally toward $0.000026 as confidence returns to the memecoin 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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