The meme coin space is filled with contrasting views.
While one expert predicts a possible crash for Dogecoin (DOGE), another points to a new meme coin, MIND of Pepe (MIND), as one to watch.
Currently in presale, there’s speculation that MIND could even reach the $1 mark after it hits the open market.
Dogecoin, still the largest meme coin in the world, is currently trading around the $0.17 level.
It has seen a 2% bump in the last 24 hours, but that’s barely a dent in the 35% it’s shed over the past month.
And if you zoom out a bit, you’ll see that DOGE is even down 77% from its all-time high.
So, despite the recent uptick, it looks like the bears still have the upper hand.
Adding to this negative sentiment is the recent analysis from crypto expert @Altstreetbet on X (Twitter).
Last week, he shared his thoughts on Dogecoin’s monthly chart, and his post spooked traders.
Altstreetbet noted that DOGE is forming a “corrective structure” on the macro timeframe, which basically means he thinks the coin will revisit levels close to its 2021 low.
His target buy zone is somewhere between $0.05 and $0.07.
Although Altstreetbet mentioned he might rethink things if DOGE manages to climb back above $0.20, his outlook is still pessimistic.
Even though DOGE might be about to crash, the broader meme coin market is showing signs of life.
Most big names have seen a jump in the past day, with BONK and PEPE posting sizable gains.
Even FARTCOIN saw a 26% price surge.
These recent gains have pushed the total meme coin market cap to just under $50 billion.
However, the bearishness around meme coins hasn’t cleared completely.
There are several reasons why investor sentiment is still shaky.
For starters, the hype around meme coins seems to be cooling off – fresh capital isn’t flowing in quite as fast.
Instead, the same funds are bouncing around different coins, and sometimes bigger investors cash out, leaving less liquidity for rallies.
Then there’s the fact that the broader crypto market is taking a breather.
With all the uncertainty around the economy and tariffs, many investors are choosing to sit on the sidelines.
And when this cautious trend takes hold, it tends to hurt meme coins.
While the overall meme coin space might be looking uncertain, one new coin is still generating huge buzz: MIND of Pepe.
This project is currently in presale and has already managed to raise $7.6 million.
Right now, investors can buy MIND tokens for $0.0035518 each, but that price will only last for two more days.
And some early backers believe the token could rally to $1 once it goes live.
That would be an enormous increase of roughly 28,000%.
Although that seems like a long shot, several low-cap meme coins have pulled off similar rallies after launching on DEXs in the past, so it’s not entirely out of the realm of possibility.
Adding to the hype, the experts at 99Bitcoins have even flagged MIND of Pepe as one of the “best meme coins” to keep tabs on.
But why are they so excited?
It’s because MIND of Pepe introduces a self-sovereign AI agent designed to interact with the crypto market.
This agent’s goal is to provide real-time market insights and exclusive opportunities for people holding the MIND token.
MIND holders can even stake their tokens for high APYs.
So, while one expert predicts a potential crash for Dogecoin, there’s excitement building around MIND of Pepe and its potential to hit $1.
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