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Top Five Meme Coins To Watch In February 2025 

January was a rough month for meme coins, with heavy sell-offs dominating the market. While most tokens struggled under selling pressure, a few managed to buck the trend and post notable gains. As February begins, traders are assessing which tokens have the potential to make a strong recovery.

We have highlighted five meme coins worth watching and analyzed their price movements heading into the new month.

Five meme coins to consider in February 2025

1. TRUMP meme coin

Unsurprisingly, the official meme coin of the US president tops this list. As of 31 January2025, the TRUMP meme coin is priced at $25.80, marking a 60% drop from its all-time high. However, its technical indicators suggest a potential shift in momentum, making it one of the more intriguing cryptocurrencies going into February.

Currently, its Relative Strength Index (RSI) is at 39. The RSI measures market momentum and overbought/oversold conditions. With 39, TRUMP is near the oversold territory (below 30), suggesting that the token is currently undervalued and could be primed for a rebound if buying pressure increases.

Alsothe Average Directional Index (ADX) is at 36. The ADX gauges the strength of a trend. An ADX above 25 indicates a strong trend, and at 36, it confirms that TRUMP has experienced a significant move — albeit downward. However, if buying pressure returns, this trend strength could support a reversal.

The initial surge in TRUMP’s price came as a pre-inauguration hype rally, driven by speculation that Donald Trump’s return to the White House would favor crypto assets. Now that he is officially back in office, any pro-crypto statement, executive order, or regulatory shift favoring digital assets could reignite a rally for TRUMP and the broader market.

Also, the fact that its creators control 80% of the supply means that the token’s price is highly influenced by market sentiment and potential liquidity shocks. This concentration of ownership introduces risks, but also creates potential for rapid price movements.

2. Fartcoin 

Launched in October 2024, Fartcoin quickly gained attention in the crypto community. By December 2024, it had gained a market cap exceeding $1billion.

The coin’s humorous premise and community-driven approach contributed to its rapid rise. Its unique ‘Gas Fee’ system, which emits a digital fart sound with each transaction, added to its novelty appeal.

Media coverage further amplified Fartcoin’s popularity. Comedian Stephen Colbert joked about owning the meme coin on the Late Night Show after its valuation surpassed $1bn, bringing it into mainstream conversation.

Fartcoin reached an all-time high of $2.74 before suffering a 52% correction over the last ten days. The extreme volatility has led to uncertainty about its ability to sustain an upward trajectory.

Fartcoin price chart January Source CoinGecko
Fartcoin monthly price chart January. Source: CoinGecko

Currently, FARTCOIN is holding above a critical support level at $0.69. If this support remains intact, the token could attempt to reclaim $1.54 and make another push toward its previous high.

If the $0.69 level fails, further losses may follow, potentially driving the price below $0.60 and even down to $0.37. The next few days will be crucial in determining whether FARTCOIN can recover or face additional selling pressure.

3. Dogecoin (DOGE)

Dogecoin, the top meme coin by market cap, is showing signs of weakness after breaking below a key trendline. This breakdown suggests a potential reversal, with further declines likely.

Technical indicators point to a possible 20% drop, which could bring DOGE down to $0.264. If the token fails to hold the critical $0.295 support level, selling pressure may accelerate, leading to deeper losses.

DOGE January price chart Source TradingView
DOGE January price chart. Source: TradingView

A shift in momentum could occur if Dogecoin reclaims $0.328 as a support level. A move above $0.360 would signal a bullish reversal, attracting more buyers and increasing the likelihood of a breakout.

Notably, several asset managers have filed a Dogecoin ETF application. While these applications are not likely to be decided by the SEC anytime soon, any developments in the ETF market could turn DOGE significantly bullish.

4. Pepe (PEPE)

PEPE has extended its downtrend, breaking below its trendline after testing it as support. The token has lost 20% of its value in recent days, adding to bearish sentiment among traders.

Despite this downturn, PEPE has gained 10% today, trading at $0.00001146. This suggests that it may have found a local bottom, reducing the risk of further declines. If PEPE can establish $0.00001369 as a support level, it could build momentum for a recovery.

However, failure to hold $0.00001146 may lead to another downturn, erasing any short-term gains and extending the correction phase.

5. Floki (FLOKI)

Floki has followed a similar pattern to PEPE, remaining in a downtrend and struggling to hold key support levels. Currently priced at $0.000123, FLOKI has dropped nearly 40% over the past month.

Historically, FLOKI has rebounded after reaching the $0.000110 support level. If it can flip $0.000132 into a support floor, bullish momentum could return, pushing the price higher.

If the downtrend continues and FLOKI drops below $0.000110, further declines may follow. A fall under $0.000100 would likely invalidate any hopes for a short-term recovery.

Final thoughts

While January tested the resilience of many meme coins, February presents opportunities for potential rebounds. Investors should closely monitor key support and resistance levels, as any shifts in market sentiment could drive sharp movements in these volatile assets.

Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Cryptocurrency markets are highly volatile, and investors should conduct their own research before making any financial decisions.

Mohammad Shahid @ CryptoManiaks
Mohammad Shahid

Mohammad is an experienced crypto writer with a specialisation in cybersecurity. He covers a wide variety of topics spanning everything from blockchain and Web3 to the retail crypto space. He has also worked for several start-ups and ICOs, gaining insight into the mindset and motivation of the founders behind the projects.

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