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Home News Crypto

Bitcoin Reclaims $97K While Major Memecoins are on Fire (Analysis)

A. Cassianus by A. Cassianus
May 7, 2025
in Crypto, News
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Bitcoin Reclaims K While Major Memecoins are on Fire (Analysis)
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Things are looking heated in the crypto market. Bitcoin has bounced back above $97,500, and over the past 30 days, it has added more than 23% gains. Although it has recently pulled back to $96k, the recent surge reinforces the bullish momentum as ETF flows stabilize and risk appetite returns.

Bitcoin price. Source: CoinGecko.
Bitcoin price. Source: CoinGecko.

Bitcoin’s momentum has helped reignite speculative interest across the broader altcoin space, particularly in memecoins, which are now showing signs of synchronized strength.

Memecoin Momentum Resurfaces

As Bitcoin climbs, memecoins are roaring back. Mog Coin (MOG) is up 22.4% in the past 24 hours and a staggering 122.6% over the month, trading at $0.0675 with bullish continuation patterns intact.

Titcoin (TITCOIN) isn’t far behind, soaring 17.3% daily and 77% in the last two weeks. With a $30M market cap, it remains a low-cap contender gaining traction as traders rotate into smaller caps.

Popcat (POPCAT), a Solana-based favorite, has climbed 9.4% to $0.4238, now up 205% in the past month. Meanwhile, Brett (BRETT) has regained upward momentum with a 4.6% daily gain, up 95.3% in 30 days, while Pepe (PEPE) sits firmly above $0.000058 after bouncing from April lows. Even cat in a dogs world (MEW) is joining the rally, up 3.7% today and 24% over 30 days.

Dogecoin Lurking, Not Leading (Yet)

Interestingly, while the new breed of meme tokens takes center stage, OG memecoin Dogecoin is quietly building strength behind the scenes. Whales accumulated over 100M DOGE in late April without any Elon Musk hype or viral pump catalysts.

Traders like Kamran Asghar are calling it a stealth signal, pointing to bullish RSI divergence and a possible breakout above $0.18. DOGE is still holding firm above its 50-day SMA and may soon retest key resistance.

Solana & XRP Add Momentum

Solana is back in the spotlight after a $20M whale buy-in and SOL Strategies’ $500M expansion push. With memecoins like POPCAT and BONK leading Solana’s DeFi and cultural revival, the chain is reclaiming dominance in retail speculation.

XRP also remains a key watch, with Captain Faibik declaring $2 an “absolute gift.” His wedge breakout setup has gained traction, and ETF speculation is driving whale interest. If momentum flips, XRP could rejoin the meme rally in spirit, if not in form.

As Bitcoin regains footing and whales rotate back into high-volatility assets, memecoins are once again dictating the tempo. Whether this is a new leg up remains to be seen, but for now, the memecoin ecosystem is coming back to life.

READ ALSO

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Disclaimer

This article is provided for information only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Tags: BitcoinMemecoinsSolana

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