The cryptocurrency market is facing significant volatility today, and amid the noise, some meme coins are showing signs of recovery. One of these coins is reportedly related to Tesla founder and head of the US Government Efficiency Department (DOGE), Elon Musk.

BeInCrypto has analyzed two other meme coins for investors to follow and consider their direction.

Retard Finder Coin (RFC)

• Launch Date – March 2025
• Total Circulating Supply – 961.43 million RFC
• Max Supply – 1 billion RFC
• Fully Diluted Valuation (FDV) – $39.83 million

The RFC price has increased 141% in the past 24 hours, continuing its upward trend this week. This meme coin attracted attention after Elon Musk interacted with its official X page (formerly Twitter). This triggered increased speculative interest, helping RFC leverage the growing attention and positive market sentiment.

Musk's indirect connection to Retard Finder Coin has caused speculation, although no direct evidence confirms his involvement. Despite this uncertainty, RFC's price has risen to $0.040. If speculation continues, this altcoin could see further gains, potentially reaching the $0.050 resistance level in the short term.

Despite recent gains, RFC remains a meme coin with inherent volatility. This altcoin faces the risk of rapid sell-offs by investors, which could lead to a quick price drop. If this occurs, RFC could fall to $0.030 or even $0.020, making investment require caution.

Fartcoin (FARTCOIN)

• Launch Date – October 2024
• Total Circulating Supply – 999.99 million FARTCOIN
• Max Supply – 1 billion FARTCOIN
• Fully Diluted Valuation (FDV) – $588.26 million

FARTCOIN has increased 32% in the past 24 hours, trading at $0.591. This meme coin is now approaching the $0.600 resistance level. If this upward momentum continues, FARTCOIN could break through this barrier and continue its upward trend, targeting new highs in upcoming trading sessions.

Previously, the $0.600 resistance level had prevented FARTCOIN's upward movement, blocking further price increases. However, if the current upward trend continues, FARTCOIN could break through this barrier and rise to $0.693. This level marks the next target for the altcoin, supported by positive market sentiment and strong investor interest.

If the resistance level proves too strong, FARTCOIN could experience a price drop. If it fails to break $0.600, the price could fall back to $0.417 or lower, erasing recent gains. This scenario would invalidate the price increase prospects and potentially extend the downward trend if selling pressure increases.

Mog Coin (MOG)

• Launch Date – July 2023
• Total Circulating Supply – 390.5 trillion MOG
• Max Supply – 420 trillion MOG
• Fully Diluted Valuation (FDV) – $135.64 million

MOG's price has increased 25% in the past 24 hours, providing a recovery after a significant 50% drop at the end of March. This recovery indicates potential further growth as this meme coin attempts to regain momentum and escape recent losses. The recent increase could lead to more positive movements.

At the time of writing, MOG is trading at $0.000000346, just below the important $0.000000370 resistance level. If it breaks through this level, MOG could have enough momentum to advance to $0.000000433. This breakthrough would mark a significant recovery and extend the upward trend in the coming days.

However, if MOG fails to break through $0.000000370, this altcoin could see a price drop. The next main support is at $0.000000273, and if this level is tested, it could erase recent gains. In this case, the price increase prospects would be nullified, signaling continued difficulties for this meme coin.