Best Meme Coins To Buy The Dip: 5 Highly Undervalued Tokens For 10x Returns

The crypto market crash continues to deepen, with the Bitcoin price falling to $81,000 on Thursday. Unsurprisingly, altcoin and meme coins are bleeding as well. 

However, market intelligence platform Altcoin Vector indicates that altcoins are showing clear relative strength against Bitcoin. 

For instance, the top meme coin, Dogecoin, is up by 4.2% over the past week against Bitcoin. This indicates that DOGE and tokens exhibiting similar relative strength will outperform Bitcoin when the broader market outlook improves as well, making them the best meme coins to buy. 

Similarly, a few tokens are currently highly undervalued, typically trading over 90% below their respective all-time highs, which makes them the best meme coins to buy today. 

Best Meme Coins To Buy

Meme coins appear deeply undervalued and oversold, with many trading at what analysts describe as generational entry levels. Investors who buy the dip with a long-term outlook and without using leverage could be positioned for outsized returns in the next bull cycle.

We list the 5 best meme coins to buy that could deliver 10x returns, both in the short and long term. 

Dogecoin (DOGE)

Dogecoin is now trading at $0.138, down 81% from its all-time high, making it one of the most undervalued large-cap assets on the market. 

The top meme coin is also highly oversold. For instance, DOGE’s monthly RSI is now at its lowest level since January 2024, while its weekly RSI is at its lowest level since November 2022, when FTX crashed. 

Meanwhile, Dogecoin has formed a massive bullish divergence in the monthly timeframe, an extremely rare and highly bullish signal. As is evident in the DOGE chart below, the price has formed a lower low with a higher low in on-balance volume (OBV). 

The combination of deep undervaluation and extreme oversold conditions makes Dogecoin one of the best meme coins to buy right now.

A new wave of ETFs could also provide a major boost to the DOGE price. 

Pepe (PEPE)

The popular frog meme coin is back to being an attractive buy for investors looking for outsized returns. 

Pepe is currently trading at $0.0000042, with a market capitalization of just $1.77 billion. It is now trading 85% below its all-time high. 

PEPE is now even more oversold than Dogecoin. For instance, its monthly Relative Strength Index (RSI-14) is lower than it has ever been. Similarly, its weekly RSI is at its lowest level since October 2023. 

Notably, the meme coin has also formed a bullish divergence in its monthly timeframes, as evidenced by a higher low in the on-balance volume and a lower low in price. 

Pepe continues to be one of the top meme coins, especially due to its correlation with Ethereum. There is a reason multitrillion-dollar firms like BlackRock continue launching new ETH ETFs; it reflects strong, long-term conviction in the second-largest crypto. 

This institutional confidence is equally bullish for Pepe as a high-beta meme-coin tied to Ethereum’s ecosystem. 

Fartcoin (FARTCOIN)

Just as Pepe is a beta bet on Ethereum, Fartcoin is a leveraged bet on Solana, making it one of the best meme coins to buy now. 

Notably, spot Solana ETFs continue to defy the broader market bearishness and record inflows, while their Bitcoin and Ethereum counterparts continue to bleed out. SOL is also at a key monthly support level and could be one of the first large-cap assets to rebound, paving the way for an explosive Fartcoin rally. 

The Solana meme coin is already showing remarkable relative strength against large-cap assets. For instance, it is down by only 3% this week, while Bitcoin has crashed by nearly 10%. 

Currently trading 90% below its all-time high and with an oversold RSI, Fartcoin is one of the top meme coin investments on the market. 

Bitcoin Hyper (HYPER)

A new high utility meme coin, Bitcoin Hyper (HYPER), is going viral during its presale. Defying the broader market bearishness, it has raised over $28.2 million in early presale investments. 

Onchain data analysis reveals that whales continue to buy large-cap assets like Bitcoin and Ethereum while short-term traders capitulate and panic sell. Similarly, smart money investors continue to invest in low-cap, high-upside projects like Bitcoin Hyper. 

Just last week, HYPER recorded a $500k buy in a single transaction, which isn’t even close to its biggest single-transaction buy. 

Bitcoin Hyper is a BTC layer-2 project, which makes it a beta bet on Bitcoin. For instance, when the BTC price rallied in the fourth quarter of 2023, its layer-2 project Stacks (STX) surged to a $5 billion market cap. 

Despite the recent bearishness in BTC, most experts are in consensus that a rebound is imminent, which would pave the way for an explosive rally in HYPER. As such, layer-2 coins like Starknet’s recent rally could put the spotlight on other popular projects in the sector like HYPER. 

Until then, Bitcoin Hyper is being offered at a fixed price in its presale, unaffected by the broader market bearishness. 

Unsurprisingly, many early buyers are viewing it as a potential 10x play. 

Maxi Doge (MAXI)

Maxi Doge (MAXI) completes our list of best meme coins to buy. 

As the name suggests, MAXI is a low-cap alternative to Dogecoin. 

Maxi Doge’s branding leans into hypermasculine crypto satire; think shredded Doge with bloodshot eyes, caffeine-fueled intensity, and a Red Bull in hand. 

Its aesthetic echoes the absurdism of meme culture, poking fun at get-rich-quick traders while still appealing to them. 

The meme’s aggressive imagery, combined with its anti-corporate, anti-regulation undertones, resonates deeply with degens who want their next coin to feel as unhinged as their ambitions. 

It has one goal that it shares with millions of other crypto degens: how to retire at the age of 22?

The concept is going viral, and Maxi Doge has already raised over $4 million in early presale investments. Much like HYPER, MAXI has also witnessed a wave of six-figure whale buys throughout its ICO. 

Furthermore, its sound fundamentals, like decentralized tokenomics, double-audited smart contracts, and lucrative staking rewards, separate it from other low-cap meme coins. 

As a result, top crypto influencers and traders are backing MAXI as one of the top meme coins with 10x potential. 

Next, check out our extended list of the best meme coins to buy, or take a look at the strongest crypto investment ideas for this year.