Best Meme Coins to Buy as Bitcoin Finds Support At $90K

Bitcoin's drop to the $90,000 level on Monday created enough fear for the bulls to step in and buy the drop, sending the BTC price back up to around $99,000 at press time.

It also pushed the meme coin market up, which now has people looking for the best meme coins to watch next.

However, although the market is showing signs of recovery, the bears may still be in control, which is why it is important to choose your next best meme coins with caution.

Best meme coins to watch now – top 5 list

Although the entire meme coin market is currently in a recovery phase, some have recovered faster than others. However, due to the changing conditions that continue to exist, meme coins with evolving communities and innovation have to be the best options right now.

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Catslap

Catslap is a cat-themed meme coin that quickly gained popularity after its fair launch in November 2024. Although the “Catslap” meme is nowhere new, the way the project’s website is designed definitely is. With an added interactive element where visitors are encouraged to press the clap button to get the cat to clap other memes, it is very unique.

Adding even more flavor to the mix is the fact that players can choose which meme characters to clap. These characters range from Pepe (who is there by default) to Elon Musk and even Chuck Norris.

However, more content is added to this seemingly innocuous mechanic by earning and burning. Each slap is counted in a “slapometer,” after which Catslap burns an equivalent number of tokens that are dipped into the supply and demand mechanics to increase their value. Additionally, there are bonuses for steaming and giveaways that create a thriving community around Catslap.

With a timer highlighted on the official website, Catslap is always unveiling something new. This display creates hype around this meme coin, making it susceptible to more parabolic gains in the future.

Wall Street Pepe

Wall Street bets have changed the game for most investors in the market. GameStop’s popular short squiz has made it clear who’s on the side of retail investors and who’s not. Wall Street Pepe is a meme coin project that brings the same appeal to the meme coin space.

While the short-term prospects of this meme coin are more obvious thanks to the Pepe-based images, the legend describes upcoming functionality that could create a growing community around it.

Wall Street Pepe tells the story of WEPE, a retail investor who is fed up with developers and whales cornering the meme coin market and reaping last minute profits, leaving retail investors holding the bag. To counter this injustice, he created the WEPE Army, where meme coin investing can be truly democratized.

The official project document describes this community as one that gives its members access to trade. All traders will be able to share insider trading information (ethically, of course) and set the course for retail investors who will finally be able to benefit from the burgeoning meme coin market.

It’s thanks to these community-oriented qualities that platforms like Techpoint Africa have named Wall Street Pepe as one of the most interesting meme coins to target.

99Bitcoins, one of the leading cryptocurrency YouTubers available, has even named Wall Street Pepe the next meme coin with 50x potential.

Solaxy

Solaxy has all the makings of being one of the best meme coins on the market. Publications like ICObench have already pointed to it as one of the best meme cryptocurrencies to target, and there’s an innovative use case that could further develop the Solaxy ecosystem.

According to the official Solaxy white paper, Solaxy is the new second-layer technology for the Solana blockchain, with the mission to facilitate faster and smoother operations, infinite scalability, lower costs, and higher performance.

As Solana’s first second-layer solution, Solaxy aims to create a more accessible ecosystem for developing more meme coins, as they have become one of the main drivers of Solana’s blockchain growth.

As soon as Solaxy landed on the market, it quickly caught the attention of the community, having raised over $10 million to date. While more information about Solaxy has yet to be revealed, as the project’s social networks have yet to become a target, it’s clear that people are curious about what Solaxy has in store for the wider community.

Additionally, Solaxy is focusing on the scaling solution, which according to Fidelity’s latest report, is a niche that will gain momentum in 2025. This gives investors another reason to be bullish on this meme coin.

Bonk

Occupying the fourth spot in terms of top meme coins by market cap, BONK is a Solana coin that is once again attracting attention as the market heads for a recovery. This project entered during Christmas in 2022, but then increased in value a year later to the point that it has become one of the most interesting meme coins on the market based on functionality.

Bonk has a diverse and broad community, with over 770,000 holders. As a cryptocurrency designed to be interoperable, BONK is now established on 11 circuits and is part of 136 different decentralized applications.

Described by the official website as a social layer and community meme coin, this utility token is easily making its way into the DeFi and gaming space.

The price of BONK dropped by more than 24% within a month. However, the recent rebound has allowed it to rise a bit. Although the surge is currently minor, the RSI shows the token is approaching the oversold zone, meaning another relief rally could allow it to make another attempt at its all-time high.

At the time of writing, BONK is valued at around $0.00027, and its market cap is around $2.4 billion.

Dogecoin

While Dogecoin doesn’t have much utility, the Dogecoin Foundation is reportedly working tirelessly on it. And if a compelling use case is created in time, DOGE could continue to reign as the leading meme coin in the market for many years to come.

Although Dogecoin is currently nowhere near recovering its all-time high, a small uptrend may soon form around the token. This optimism is due to the fact that the market downturn has not pushed DOGE to its yearly low in 2024. And since 2025 is expected to be a bullish year for the cryptocurrency market, Dogecoin could reach new highs.

Moreover, Dogecoin’s social media performance is still strong. Since it is the first meme coin, it doesn’t need to put much effort into its comedy posts. Some of them are cute, while others tell stories from the past, all of them related to the current market dynamics.

While a solid utility would help Dogecoin climb even higher in the price charts, many on Reddit feel that this meme coin needs acceptance, not utility. This shows investors’ desire to maintain Dogecoin’s status quo, as well as the strength of the community – both of which could be essential to Dogecoin’s growth in 2025.

Final words

The meme coin market continues to be attractive to small-cap investors, especially now that the crypto market is showing signs of recovery.

In this article, some of the best meme coins to look into were discussed. Some are available at ICOs, offering early-mover opportunities, while others have strong communities.

The reason for including Dogecoin in this list is to highlight the value of the OG meme coin, which continues to be relevant despite market conditions.

All of the selected coins may prove suitable for capitalizing on the dynamic meme coin market today. However, investors should be aware that it doesn’t take long for a bullish day to turn bearish. Invest wisely and only after you have done proper research.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Kostadin Dimitrov