The meme coin market remained dynamic this week, with Dogecoin maintaining steady growth while new players like HAROLD and MAD delivered stunning gains. Community-driven initiatives and viral trends continued to dominate, with HAROLD leveraging social media buzz and MAD tapping into its growing user base. Meanwhile, Floki Inu’s Coinbase listing drew significant attention, and Bonk reclaimed its position as Solana’s leading meme coin.
However, the space also witnessed emotional moments, such as Peanut the Squirrel’s tragic story, casting a shadow over its token. AI-powered Goatseus Maximus offered a glimpse into the future of innovation in meme coins. Here's a roundup of this week’s biggest stories and insights into what lies ahead for these assets.
Dogecoin (DOGE)
Price Change: +14.13% (7-day)
Current Price: $0.4276
News:
Dogecoin is seeing renewed investor interest as it maintains a steady climb, supported by a growing network hashrate of 1.21 PH/s. Analysts have highlighted a hidden bullish RSI divergence on DOGE's 4-hour chart, signaling the potential for a significant price rally. Additionally, Dogecoin’s influence in the crypto community remains robust, surpassing Cardano in Google search trends and consistently capturing the global audience's attention during market events.
Technical analysis reveals the memecoin forming a bullish pennant on the 4-hour chart, a pattern indicative of consolidation before an uptrend continuation. With steady accumulation trends, DOGE's trading volume of $14.17 billion suggests consistent market participation, reinforcing optimism for an impending breakout.
Forecast:
DOGE is primed for a breakout from its current bullish pennant formation, with analysts predicting a possible test of $0.54 resistance by the weekend. Should the bullish scenario materialize, DOGE could rally further toward $0.60 in the short term. However, immediate support levels lie at $0.40 and $0.33, serving as critical zones to monitor if market conditions shift. Overall, Dogecoin’s steady network growth and bullish indicators suggest potential for continued upward momentum.
MAD (MemesAfterDark)
Price Change: +500.37% (7-day)
Current Price: $0.00005409
News:
MAD has reached an impressive $30 million market cap milestone, solidifying its position as a community-driven success story. Without Tier 1 exchange listings or significant external promotions, MAD’s innovative MAD TAP app and grassroots approach have created substantial momentum. With over 409,000 active users and 3,000 new holders within 24 hours, MAD’s community engagement is growing rapidly.
This week, MAD also celebrated trending on platforms like Moonshot, integrating seamlessly with Apple Pay to enhance accessibility for new users. Social media buzz has further amplified its growth, with MAD trending worldwide on X, showcasing its appeal across global audiences.
Forecast:
MAD's strong community support and the rollout of its MAD TAP app indicate further growth potential. Analysts foresee a possible short-term price target of $0.00006 if trading volume continues to rise. The current consolidation phase could lead to a breakout, with resistance levels at $0.000065 and potential long-term gains as community engagement intensifies. With its unique approach and strong user base, MAD remains a promising player in the memecoin space.
HAROLD (HAROLD)
Price Change: 677.13% (7-day)
Current Price: $0.005439
News:
Launched just days ago on November 19, 2024, HAROLD has rapidly gained traction in the cryptocurrency market, leveraging its connection to the legendary meme figure Harold. On November 20, HAROLD achieved priority listings on both CoinMarketCap (CMC) and CoinGecko within the same day, a remarkable feat for a token so new to the market.
The project’s popularity skyrocketed further when Binance's former CEO, Changpeng Zhao, shared a photo with Harold himself on social media, sparking a wave of excitement and positioning HAROLD as the day’s top meme coin. This endorsement has fueled an influx of investor interest and meme coin enthusiasts, propelling HAROLD to viral status.
Forecast:
HAROLD’s explosive debut and strong social media momentum suggest the potential for further short-term gains. Analysts point to resistance at $0.007, with a potential breakout to $0.01 if current enthusiasm holds. However, as with most meme coins, caution is advised due to the volatile nature of the market. Sustained community engagement and ongoing media buzz will be critical for maintaining its upward trajectory.
Pepe (PEPE)
Price Change: -12.09% (7-day)
Current Price: $0.00002012
News:
Pepe is currently consolidating near key support levels, forming a bullish symmetrical triangle that signals a potential breakout. The pattern, coupled with increasing trading volume, indicates growing trader interest. Analysts predict a 30% surge if Pepe closes above the triangle's resistance. Adding to the bullish outlook, Pepe recently experienced a "golden cross," where the 50-day moving average crossed above the 200-day moving average, a classic bullish indicator.
In market cap rankings, Pepe surpassed Litecoin and Polkadot, now boasting an $8.46 billion market cap with a 24-hour trading volume of $3.73 billion. High-profile listings on Robinhood and Coinbase have also boosted the memecoin’s visibility and accessibility to retail investors. Despite its recent 12% weekly dip, these developments suggest Pepe may be gearing up for an upward move as investors monitor the breakout point for validation.
Forecast:
A confirmed breakout above $0.000021 could push PEPE to $0.000026, while failure to sustain momentum may lead to consolidation near $0.000018. With strong market attention and technical indicators pointing upward, Pepe holds promising near-term potential but remains volatile.
SLERF (SLERF)
Price Change: -22.35% (7d)
Current Price: $0.3148
News:
SLERF experienced a sharp rally following Binance's launch of perpetual SLERF/USDT contracts on November 21, offering up to 75x leverage. The announcement drove SLERF's price to surge 55% intraday, peaking at $0.4373, with trading volume soaring 219% to $271.18 million. Whale activity also increased significantly, reflecting heightened accumulation and buying pressure.
This move is part of Binance's broader strategy to enhance trading liquidity, as SCRT also received a futures listing. However, SCRT's price increase was less dramatic, rising just 2% to $0.3393. SLERF's impressive rally has drawn attention from a wider investor base, with experts highlighting its potential but cautioning about the sustainability of the surge.
Forecast:
SLERF faces immediate resistance around $0.42, with potential support at $0.30. While increased whale activity and the Binance listing have fueled momentum, analysts recommend monitoring volume levels and market sentiment for sustained growth. Short-term corrections are likely as investors reassess the coin's trajectory following its rapid ascent.
Chill Guy (CHILLGUY)
Price Change: -34.04% (7d)
Current Price: $0.2535
News:
Chill Guy (CHILLGUY), a meme coin inspired by a viral TikTok character, skyrocketed to a peak market cap of $488 million, gaining traction among Gen Z investors. The character, created by artist Phillip Banks, represents "chillness" despite life’s challenges, resonating with TikTok users. CHILLGUY’s rise reflects a surge in Solana ecosystem activity, with MoonPay reporting its largest single day for Solana transactions during the coin's pump.
One trader turned a $1,000 investment into $1 million by timing the coin's launch and selling strategically during its meteoric rise. However, the artist behind Chill Guy publicly disapproved of the coin, sparking controversy. The project also inspired NFT collections and derivative tokens, further fueling its viral appeal.
Forecast:
CHILLGUY's current market activity suggests caution, with increased volatility and controversy potentially affecting investor sentiment. Analysts recommend monitoring key support levels around $0.20, while any renewed viral interest could push the token back toward $0.35 or higher. Short-term traders should closely watch volume trends for breakout signals.
Bonk (BONK)
Price Change: +7.87% (7-day)
Current Price: $0.0000478
News:
Bonk reclaimed its title as Solana’s top meme coin this week, overtaking Dogwifhat (WIF) in market cap. BONK surged 7% to hit a high of $0.000057, with its market cap crossing $3.9 billion. The token’s upward momentum is fueled by Solana’s broader market rally, as SOL approaches its all-time high of $259, gaining 50% since Election Day. BONK’s growth is further supported by community-driven initiatives like the “BURNmas” token-burning event, which aims to reduce supply by up to 1.3% by Christmas Day..
Forecast:
Bonk’s strong community support and burn initiative could sustain its bullish momentum. Analysts predict a retest of $0.000057, with potential resistance at $0.000060. However, market volatility remains a key factor, with fluctuations in the broader meme coin sector potentially influencing BONK’s trajectory.
Floki Inu (FLOKI)
Price Change: -7.22% (7-day change)
Current Price: $0.0002468
News:
Floki Inu (FLOKI) made headlines this week with its listing on Coinbase, the largest U.S.-based cryptocurrency exchange. The listing, which began on November 21, allows trading through the FLOKI-USD pair, enhancing the token's accessibility to over 110 million verified Coinbase users. The announcement led to a spike in FLOKI’s trading volume, surging by 99.4% within 24 hours and boosting its market activity.
Floki Inu has also launched a marketing campaign in Delhi NCR, India, targeting high-traffic districts to promote its play-to-earn gaming platform, Valhalla. This initiative is expected to reach 650,000 citizens daily, reinforcing its presence in India’s growing Web3 ecosystem. Meanwhile, meme coins like FLOKI and SHIB are seeing growing institutional support, with Binance introducing new margin trading options, signaling increased recognition for this sector.
Forecast:
FLOKI is trading above its 50-period EMA, indicating a short-term bullish trend. Key resistance lies at $0.00026481, with a breakout potentially driving further gains. However, a drop below $0.00025012 support could lead to declines toward $0.00023747. The Coinbase listing and increasing institutional interest are expected to maintain positive sentiment, but traders should watch for price consolidation before a decisive move.
Peanut the Squirrel (PNUT)
Price Change: -35.01% (7-day change)
Current Price: $1.20
News:
Peanut the Squirrel, which recently soared to fame as a meme coin, has seen a significant price decline this week amidst somber news surrounding its namesake. The beloved real-life Peanut, a rescued squirrel who symbolized P’Nut’s Family Freedom Farm Animal Sanctuary, was tragically euthanized by the New York State Department of Environmental Conservation. This event has deeply impacted the community, casting a shadow over the token’s market sentiment.
PNUT’s trading volume has dropped by 17% to $1.52 billion, with its market cap standing at $1.20 billion, reflecting a 10.21% decrease over the past day. Once hailed for its explosive growth and comparisons to Dogecoin, PNUT now faces questions about sustaining its earlier momentum.
Forecast:
PNUT’s recent downturn highlights the volatility inherent in meme coins. Key support lies at $1.10, with resistance at $1.40. Analysts suggest that any positive developments or renewed interest in the token could reignite its rally. However, the community will need to rebuild market confidence amidst the recent emotional and market downturn.
Goatseus Maximus (GOAT)
Price Change: -26.33% (7-day change)
Current Price: $0.8502
News:
Goatseus Maximus (GOAT), the first AI-powered meme coin, has captured market attention with its unique backstory and innovative launch model. Created by Terminal of Truths, a self-controlled AI agent, $GOAT gained significant traction for its autonomous promotion across social platforms. This AI-driven approach has set $GOAT apart in the crowded meme coin space, contributing to its meteoric rise earlier this month.
Over the past 30 days, $GOAT surged by 68%, briefly crossing a $1 billion market cap and reaching an all-time high just five days ago. Despite these achievements, the coin has faced a sharp correction, with its market cap now standing at $850.15M and trading volume dropping 32.31% in the last 24 hours.
Forecast:
While $GOAT’s AI-driven narrative remains strong, its recent downturn reflects the volatility of meme coins. Support lies at $0.80, with resistance at $1.10. Analysts suggest that continued innovation, combined with sustained community enthusiasm, could lead to a recovery. However, market participants should remain cautious, as $GOAT's trajectory heavily depends on maintaining its unique AI-powered edge and community-driven momentum.
Closing Thoughts
The meme coin sector once again highlighted its blend of humor, innovation, and market influence. While established coins like Dogecoin and Pepe demonstrated resilience, newcomers like HAROLD and Goatseus Maximus showcased the power of community enthusiasm and technical creativity.
Emotional narratives and platform advancements further shaped this week’s trends, underscoring the multifaceted nature of these tokens. As market volatility persists, analysts remain cautiously optimistic about the sustained momentum in key players like Dogecoin, Bonk, and Floki. With innovation and engagement driving growth, meme coins continue to captivate the crypto world, making them assets to watch in the coming weeks.