Meme Coins to Buy as Bitcoin Struggles to Sustain Support at $70K

Advertorial Team
Updated
Advertorial Team

Advertorial Team

Advertisement Department
Advertorial is the global author name for all the sponsored content provided by CoinGape News Media partners. Hence , these articles, crafted by our partners for promotional purposes, may not align with CoinGape News Media views or opinion. Although we make efforts to verify the credibility of featured projects, these pieces are intended for advertising and should not be regarded as financial advice. Readers are encouraged to conduct independent research (DYOR) and exercise caution. Decisions based on this content are the reader's responsibility.
Read full bio
coingape google news
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Meme Coins
Sponsored This page may contain affiliate links. If you sign up through these links, we may earn a commission at no additional cost to you. This does not influence our editorial reviews or rankings.

Bitcoin elated the cryptocurrency community a few days ago as its price moved above the $70K mark. Geopolitical and economic headwinds, ranging from Donald Trump’s declaration of a large-scale operation in Iran to ETF inflows, pushed the apex crypto just above the $74K level.

It did not take long for influencers on X to arrive with their overly bullish predictions. Some are bordering on delusion, saying “BTC IS GOING TO $500K” soon.

Such posts are often quickly (and rightly) brushed aside as “engagement-hogging” posts, since two days after staying above $70K, BTC is singing the same old bearish tune.

This has resulted in people’s eyes focusing on which meme coins to buy, as low-cap short-term bets are sounding more appealing than the high-cap gamble that is Bitcoin.

Bitcoin’s Continued Failure Keeping Fear Alive

While there are “bulls”, and we use this term loosely, trying to keep the positive vibes around BTC alive, bears are saying that Bitcoin may not move past the $100K mark this year.

More extreme skeptics on Reddit have even said that Bitcoin and crypto have peaked as much as they could. More balanced heads, however, are just observing the stark reality brought on by Bitcoin’s quick dropoff from $74K to the $67K zone.

Fear is sustained as the Crypto Fear and Greed Index is still pointing to 19, the extreme fear zone. In terms of technicals, near-term indicators suggest that BTC could continue to trade at its current level. But with the geopolitical scenario becoming increasingly volatile, chances of BTC reaching a new low remain high.

tradingview chart of BTC

At the time of writing, Bitcoin is trading at $68K after experiencing a 3% drop in the last 24 hours. The only reason this drop didn’t aggravate was because of the 18% decline in trading volume, suggesting that long-term believers may be taking a “hold and forget” stance rather than buying more.

Prospects are looking greener on the meme coin side of the aisle though. While the large-cap meme assets are still trading red, there are a couple of new cryptos that continue to paint green candles.

Meme Coins to Buy That Continue to Paint Green Candles

Bitcoin’s failure is driving some attention towards meme coins because of their low-cap status and honest take on high-risk, high rewards. The following are some of the picks being considered the best meme coins to buy right now.

Pippin

Despite being volatile and losing in double digits since last week, Pippin continues to be one of the best short-term bets for low-cap traders. Currently trading at $0.3281, PIPPIN has surged by 79.58% in the last 1 month.

 24-minute chart on TradingView shows that Pippin

The 24-minute chart on TradingView shows that Pippin is attempting to breach the recent high of $0.37. A rejection at this level could lead to a sharp drawdown to make PIPPIN retest support at $0.30.

If, however, the community continues to be positive about the asset and pushes it past that resistance point, investors can expect higher gains.

Based Eggman

While Based Eggman isn’t available to be traded on exchanges, its current momentum as a presale asset potentially makes it one of the safer options for investors right now.

Inspired by the villainous and comical character from the popular video game, Sonic the Hedgehog, Based Eggman gets its name from the GenZ slang that means a nonchalant approach to truth and from the token being designed on the Base blockchain.

While the meme coin is taking a joke-first approach, its ecosystem is deep, complete with a decentralized exchange, staking, trading communities, and a mobile gaming platform.

basedeggman tokenomics

Community interest in the token has surged for that reason, causing Based Eggman ($GGs) to raise upwards of $311K at the time of writing.

Currently available at a discount price of $0.010838, Based Eggman could be considered a strong pick for early movers trying to capitalize on the current market’s volatility.

Furthermore, developers are running a 50% bonus right now. Those who buy “Based Eggman” using the code “BASED-50” will get the said bonus.

Visit Now

Ape and Pepe

Ape and Pepe (APEPE) first made its entry in 2023. However, it is only recently that it has appeared on the first page of the top meme coins by market capitalization.

A meme coin that takes its inspiration from two robust blockchain phenomena, APE from NFTs and PEPE from memes, has been listed on 30 exchanges, both centralized and decentralized.

The increased exposure has allowed APEPE, currently priced at $0.000001088, to move up by 30% since last month.

24-hour chart of Ape

The 24-hour chart shows that the token’s price action is following a linear upward progression. However, since the RSI is 72, it could be seen as an overbought token. That said, the profile score on CoinMarketCap indicates a strong trust factor among investors.

Final Thoughts

Bitcoin’s current price action continues to paint it as a high-cap gamble at a time when delusional bulls outpace cooler heads in terms of engagement. This sets a precedent for a degen-led ecosystem, where high-risk behavior is rewarded.

Meme coins could therefore be considered better options for most intraday investors. While risky, their low-cap status plus the community’s adjusted expectations make them a stronger low-cap bet. Furthermore, with certain meme coin ICOs offering robust features, investors have a larger bouquet of assets to pick from.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Newsletter
Your crypto brief.
Delivered every day.
  • Insights that move markets
  • 100,000 active subscribers
By signing-up you agree to our Terms and Conditions and Privacy Policy.
About Author
About Author
Advertorial is the global author name for all the sponsored content provided by CoinGape News Media partners. Hence , these articles, crafted by our partners for promotional purposes, may not align with CoinGape News Media views or opinion. Although we make efforts to verify the credibility of featured projects, these pieces are intended for advertising and should not be regarded as financial advice. Readers are encouraged to conduct independent research (DYOR) and exercise caution. Decisions based on this content are the reader's responsibility.