Dogecoin Breaks Back Above $0.17 – What it Means for the Best Meme Coins to Buy
This could mark a significant shift in Dogecoin’s trajectory. After nearly two straight months of downward momentum, the upward move signifies a resurfacing of bullish sentiment among traders. Dogecoin is up 4% this week...
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This could mark a significant shift in Dogecoin’s trajectory. After nearly two straight months of downward momentum, the upward move signifies a resurfacing of bullish sentiment among traders.
Dogecoin is up 4% this week, but it remains down 14% this month. What does all of this mean for the broader meme coin landscape?
Dogecoin Prints LTF Higher LowsDogecoin’s price chart exhibits signs of bullish momentum, with two consecutive higher lows (a fundamental trait of an uptrend) and a clean break and retest of the $0.165 level.
As the chart below shows, $0.165 previously served as a springboard for Dogecoin’s 57% rally to $0.259 in May. The confluence of this retest and the formation of higher highs creates a strong short-term outlook.
And from a higher-time-frame perspective, analyst Trader Tardigrade noted: “Dogecoin is at the third touchpoint of an ascending channel, making it the ideal buy level before a huge surge.”
If this pattern plays out, Dogecoin could potentially rally to between $1 and $2 in the coming three months, according to the analyst’s price chart.
Dogecoin’s optimistic higher-time-frame outlook is rooted in investor sentiment. The $0.17 level is psychologically significant for $DOGE, and with the price breaking above it, the stage is set for further upside.
As the market’s leading meme coin, Dogecoin’s strength tends to create a ripple effect across the meme coin market. Its rise rekindles investor interest in smaller tokens and often triggers a rotation of capital as traders seek to maximize upside potential.
So, what meme coins could be the biggest beneficiaries of Dogecoin’s rise?
1. Snorter ($SNORT)Dogecoin may be the king of meme coin trading, but Solana is the castle. Whereas Dogecoin operates on its own chain, Solana’s robust meme coin infrastructure means that nearly every new meme project worth mentioning launches there.
Thanks to meme coin launchpads like Pump.fun and Believe, more than 10,000 new meme tokens are created daily on the Solana network.
But this means that without insider knowledge or high-end tools, it’s nearly impossible to keep up. That’s where Snorter Bot ($SNORT) comes in. It’s Solana’s new automated trading bot, built on a private RPC infrastructure for lightning-fast speeds.
Snorter Bot offers features such as token sniping, copy trading, rug pull detection, MEV resistance, and dynamic stop-losses. The goal is to help users find new meme coins that could pump, and enable them to buy before the crowds.
It also charges just 0.85% in fees, lower than the 1–2% range common among trading bots.
Currently in presale, Snorter Bot has already raised over $1.5 million. Its early-stage positioning and meme-fueled utility could make it one of the best meme coins to buy.
2. TOKEN6900 ($T6900)SPX6900 has been the top-performing meme coin this month, with a 25% gain, and it’s also up over 8,500% this year.
But with a $1.2 billion market cap, much of the upside may already be priced in. For investors who missed the initial run, TOKEN6900 ($T6900) could be the next best thing.
It channels the same anti-Wall Street, pro-69 energy. Its mission is to mock the absurdity of traditional finance and champion the power of meme-driven finance.
No promises. No roadmap. Just vibe liquidity. It breaks all the rules, but that’s precisely what makes it promising.
The project also features a staking mechanism, which currently offers a 303% APY. However, this rate will decrease as more tokens are staked. Currently in presale, TOKEN6900 has raised over $150,000 in just 72 hours.
It’s demonstrating strong early momentum. And if that continues, $T6900 could be poised for explosive gains as Dogecoin rises.
3. BonkFollowing the explosive launch of the Rex Shares-Osprey staked Solana ETF this week, it’s clear that Solana is set to become even stronger in the months ahead.
Institutional capital is flowing in – and that could prove a huge tailwind for Bonk. As Solana’s leading meme coin (outside of $TRUMP), Bonk is in a prime position to capture inflows as investors rotate profits from $SOL into ecosystem tokens.
Currently trading at $0.00001638, Bonk is up 23% this week. Its 24-hour trading volume sits at $427 million, surpassing both OFFICIAL TRUMP and Shiba Inu, despite those projects having larger market caps.
Bonk’s deep integration with the Solana ecosystem means it’s likely to rise in tandem with $SOL. With recent developments – including ETFs and Kraken’s move to tokenize stocks on Solana – it appears that the network is poised for strong growth this year. So with that, Bonk could explode.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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