Best Meme Coins To Buy The Dip: Dogecoin, Fartcoin and Pepe Form Bullish Divergence
The crypto market continues to face significant selling pressure owing to the broader macroeconomic outlook.
The Bitcoin price fell below $94,000 on Friday, dragging down altcoins and meme coins with it.
However, experts are now claiming that the bottom is in. Chief Market Strategist at Wellington-Altus James Thorne highlights that the US Federal Reserve will continue to cut interest rates and soon start to expand its balance sheet, with the US Treasury giving additional liquidity injections to the financial markets.
This would create a highly bullish backdrop for risk assets. As a cherry on top, Bitcoin has formed a bullish divergence on the weekly chart.
Meanwhile, Dogecoin, Pepe, and Fartcoin are also flashing either a hidden or regular bullish divergence on the daily timeframe, each sitting at key support levels that could trigger a rebound.
A crypto bull market is on the horizon, and they are among the best meme coins to buy.
Best Meme Coins To Buy: DOGE, PEPE, FARTCOIN and New Tokens
In this article, we list the best meme coins to buy for up to 10x returns in the coming crypto bull run.
Dogecoin (DOGE)
The top meme coin continues to show impressive resilience against the broader market bearishness, making a strong case for being one of the best meme coins to buy.
Despite the relentless selling pressure on the crypto market, Dogecoin continues to reclaim the key $0.16 support level.
As is evident in the above Dogecoin price chart, the meme coin has also reclaimed the lower trendline of a multi-month wedge, drawn by two yellow lines.
It has also broken out of its multi-week downtrend, marked by the red descending trendline in the above chart, and has retested the breakout.
Finally, Dogecoin has also formed a bullish divergence in the daily timeframe, as evidenced by the recent lower low in price and higher low in the Relative Strength Index (RSI-14).
Notably, spot DOGE ETFs are also expected to be approved and launch soon. Recently, the first Solana and XRP ETFs considerably outperformed every other ETF launch this year, and Dogecoin is also expected to follow suit.
Pepe (PEPE)
The popular frog meme coin is on the cusp of a major rally.
Owing to the continuous market sell-off, Pepe is now highly undervalued. It is currently trading at $0.000005, 80% below its all-time high.
However, it has now formed a bullish divergence, right at a key support level. The Pepe price continues to form lower lows, while its Relative Strength Index is making higher lows.
Smart money investors continue to view Pepe as a beta bet on Ethereum, almost like “leveraged ETH”. Experts believe that it would deliver outsized returns during the next ETH rally, which makes it one of the top meme coin investments on the market.
Fartcoin (FARTCOIN)
The popular Solana meme coin could soon be going back to its bullish ways.
Notably, Fartcoin was one of the first cryptos to explode in March before the broader market rally in April. It appears that the trend could repeat once again.
As evident in the above price chart, Fartcoin has formed a bullish divergence in its daily timeframe, evident in the lower-low price and higher-low RSI.
Much like Pepe, FARTCOIN is highly undervalued, trading 90% below its all-time high. Considering its popularity among retail investors and strong correlation with Solana, it is an excellent bet for multibagger gains in the coming weeks.
In fact, experts believe that the Fartcoin price could hit $2.50 this bull cycle, which would mean 10x returns for today’s buyers.
Maxi Doge (MAXI)
Maxi Doge (MAXI) continues to establish itself as the best meme coin to buy among low-caps.
A low-cap alternative to Dogecoin, Maxi Doge ticks all the boxes for being a successful meme coin, including making investors laugh.
MAXI is more than just a meme coin; it’s a full-blown character built for the internet age. Inspired by the chaos and comedy of crypto degen culture, MAXI thrives on ridiculousness and is the wilder alternative to Dogecoin.
This is a coin that celebrates the thrill of going all-in, drinking three Red Bulls at once, and dreaming of early retirement at 22. Every part of its identity is designed to connect with retail investors who want a laugh while they ape in.
Maxi Doge has already raised over $4 million in early presale investments, with whales and smart money investors among its early buyers.
Once the crypto bull market starts, low-cap meme coins turn small-scale investors into millionaires, and MAXI could have similar multi-bagger potential.
Several top analysts are publicly backing it as the next 100x meme coin.
Pepenode (PEPENODE)
Pepenode rounds off our list of the best meme coins to buy.
From the very start of its presale, Pepenode has separated itself from the crowd, owing to its Pepe the Frog theme and high-utility nature. In fact, it is one of the first cryptos to introduce to mine-to-earn utility in the meme coin sector.
Pepenode’s virtual mining system gives users a chance to earn through an engaging, gamified setup rather than passive holding.
Investors can purchase virtual Miner Nodes, build and upgrade digital server rooms, and track their mining performance in real time. The process requires no GPUs or electricity, as everything runs through the platform’s dashboard.
Each upgrade permanently burns a portion of tokens, creating scarcity while generating rewards in $PEPENODE, Pepe, and Fartcoin.
In fact, buyers can already stake their coins and earn staking rewards at an APY of over 600%.
Owing to a string of whale buys, Pepenode has already raised over $2.1 million in its presale. Considering its small market cap, experts believe it could be a potential 10x play following its launch.
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