5 notable meme coins in April 2025

This article is machine translated
Show original

As March ends, the first quarter of 2025 is gradually coming to a close. This quarter has not been the best for the cryptocurrency market, with significant losses and extreme volatility, similar to how meme coins operate.

Discussing the issues of the meme coin market, Harrison Seletsky, Business Development Director at SPACE ID Digital Identity Platform, spoke about the role of a strong investor base.

"Hype can drive a memecoin's price up, but they also collapse quickly if there's no interest to maintain them, which often happens. That's why filtering out the noise is crucial," Seletsky noted.

Therefore, BeInCrypto has analyzed five meme coins that have passed the test of time and volatility and are preparing for further growth in April.

Fartcoin (FARTCOIN)

FARTCOIN has emerged as one of the best-performing meme coins this month, increasing 107% to trade at $0.61. This impressive surge has helped the meme coin recover all the losses it faced in March and February.

To recover the losses from January, FARTCOIN will need to continue its upward momentum. The important resistance level to watch is $0.69. If successfully breaking this level and moving towards $1.00, it could signal the beginning of a sustainable growth phase, potentially pushing the price higher in the coming days.

FARTCOIN price analysis.FARTCOIN price analysis. Source: TradingView

However, if FARTCOIN fails to maintain $0.69 as support and does not achieve the $1.00 target, it may face a significant decline. Dropping to $0.37 would erase most of the recent gains, invalidating the price increase prospects. This correction could make investor sentiment cautious, slowing down further growth.

Cheems (CHEEMS)

CHEEMS has emerged as one of the best-performing meme coins this month, increasing 130% since the beginning of March. Currently trading at $0.000001927, this altcoin has also reached a new All-Time-High (ATH) of $0.000002179.

Changes in broader market signals towards potential recovery may have sparked new interest among CHEEMS investors. If the positive trend continues, the meme coin could push towards $0.000002500, continuing to boost its momentum.

CHEEMS price analysis.CHEEMS price analysis. Source: TradingView

However, if price increase signals begin to fade or if investors start selling, CHEEMS may face downward price pressure. Dropping to the support level of $0.000001660 or lower would invalidate the price increase prospects. This potential decline could prevent the altcoin's growth and change market sentiment.

Mubarak (MUBARAK)

MUBARAK launched this month and has experienced significant volatility. The meme coin has increased 95% since its launch, with its current All-Time-High (ATH) at $0.221. This strong initial performance reflects investor optimism and the market's positive reception of the altcoin's entry into the cryptocurrency space.

Currently trading at $0.145, MUBARAK is aiming to break resistance levels at $0.149 and $0.173. Successfully passing these levels could lead to a new ATH beyond $0.221. Such a breakthrough would demonstrate continued price momentum and attract more investors to the altcoin.

MUBARAK price analysis.MUBARAK price analysis. Source: TradingView

However, if MUBARAK fails to attract sufficient investor attention, the price could drop to $0.130. Further decline could push the altcoin down to $0.118 or $0.105, invalidating the price increase prospects. Such a drop would signal weakening market sentiment and potential obstacles to MUBARAK's development.

Dogecoin (DOGE)

Dogecoin did not record a significant increase this month but has escaped the two-month-long downward trend. The altcoin has increased 22% in a week, trading at $0.203. This recent upward movement signals a potential change in market sentiment, suggesting that Dogecoin may see more positive momentum.

Under current market conditions, Dogecoin is likely to continue its gradual upward trend. This momentum could help the altcoin break through the $0.220 resistance level and move towards $0.267. If this upward trend continues, Dogecoin could see sustainable growth and attract more investor interest.

DOGE price analysis.DOGE price analysis. Source: TradingView

However, if Dogecoin fails to break above $0.220, the price may struggle to maintain its upward momentum. If it cannot stay above this level, the price could drop to $0.176 or even $0.147, losing its price increase prospects and potentially prolonging the losses the altcoin has experienced.

Peanut the Squirrel (PNUT)

PNUT has experienced a 17% loss this month but is getting closer to recovering its losses. Currently trading at $0.221, this meme coin is beginning to show signs of recovery. The recent price volatility suggests it may be positioned for potential growth if market conditions improve.

The primary goal for PNUT is to break through the $0.260 resistance level and turn it into support. If successful, this would pave the way for the meme coin to reach the next important resistance level at $0.330. Breaking above $0.260 would signal stronger price momentum for PNUT.

Phân tích giá PNUT.PNUT Price Analysis. Source: TradingView

However, if PNUT fails to break through the $0.260 level and the price struggles to maintain its position, it could drop back to $0.219. A deeper decline to $0.182 would eliminate the price increase prospects, erase recent profits, and potentially create conditions for a prolonged downward trend.

FARTCOIN
38.32%
MUBARAK
0%
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
1
Add to Favorites
Comments
Followin logo