Smart Money Leaves Dogecoin & Pepe as Investors Join New Meme Coin Presale Set for 100x Gains

Both Dogecoin ($DOGE) and Pepe ($PEPE) were down by over 20% last month amid the uncertainty in the crypto market.

In fact, the total meme coin market cap took a huge blow as it fell below $50 billion for the first time in months. A notable shift is happening in the market, with “smart money” reallocating funds from established meme coins toward emerging projects offering tangible utility and much higher growth potential.

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Why Smart Money Is Moving Away from Dogecoin and Pepe

DOGE is currently trading roughly 64% lower than its December highs of $0.48, showing declining investor interest.

Analyst CrediBULL Crypto reports Dogecoin has crashed nearly 60% after hitting resistance at monthly supply levels they previously identified. They expect DOGE to fall to current range lows next, followed by their green target zone.

​​Dogecoin critics have often pointed out that social media buzz and celebrity endorsements drive Dogecoin’s price too often. Once these factors cease to exist or figures like Musk switch their focus elsewhere, the sell-off risk will always be massive, at least in the short term.

Popular analyst Ali reported Dogecoin sentiment has reached its most negative point in over a year. However, he noted that periods of extreme fear have historically preceded major price reversals.

He suggested that it could be a good idea to buy DOGE. But considering the meme coin’s high correlation with BTC, DOGE’s near-term outlook was still uncertain.

Pepe was also in the headlines alongside other meme cryptos. According to data from IntoTheBlock, Pepe token mostly shows bearish indicators. Approximately 59% of holders are estimated to be in loss at current prices, suggesting high selling pressure.

Data showed that whales currently hold 73% of the supply, making PEPE prone to high volatility.

It also shares a 77% correlation with BTC. With Bitcoin’s price still consolidating, PEPE has yet to break out of its immediate resistance. Overall, on-chain metrics like net network growth and large transactions are bearish.

This decline in interest has fueled further sell pressure for PEPE, particularly from savvy investors. Buyers are switching to BTC Bull Token, a new high-potential token that is hitting new presale milestones despite the downturn.

Investors Turn To BTC Bull Token as It Nears $4 Million in Presale

With early signs of a Bitcoin recovery already showing, whales are backing BTC Bull Token ($BTCBULL). It’s a unique meme coin project that will offer actual BTC airdrops when Bitcoin reaches new ATHs. The project is already nearing the $4 million milestone in record time.

The token’s value proposition centers on two key mechanisms: Bitcoin airdrops triggered at price milestones (starting when BTC first reaches $150,000 and $200,000) and a progressive token burn scheduled to begin when Bitcoin hits $125,000. This dual approach aims to provide both passive income through BTC rewards and potential capital appreciation through supply reduction.

BTC Bull Token’s presale also coincides with expectations of a Bitcoin recovery following recent Federal Reserve signals about potential rate cuts.

When BTC reaches $250,000 for the first time, the BTC Bull Token platform will offer holders a BTCBULL token airdrop.

Currently, you can buy BTCBULL in presale for $0.00242. However, this price will move up soon once the next fundraising stage begins.

Token holders can also stake the BTCBULL tokens for up to 109% APY.

Visit BTC Bull Token Presale

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Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.