Well, well, well! The meme coin market is starting to cool off like a hot potato in a freezer after a wild May party. The last week’s crypto market took a nosedive, and guess what? The top meme assets are feeling a bit blue! 🎢
But hold your horses! Meme coin trading volume is still up 5% this past month, which means investors are still nibbling on those meme coins like they’re popcorn at a movie! 🍿 BeInCrypto has rounded up three meme coins that are worth keeping an eye on this month.
Central African Republic (CAR)
The official meme coin from the Central African Republic is getting some love! The president just announced that they’re tokenizing 1,700 hectares of land. Talk about a land grab! 🌍
Thanks to this news, CAR has shot up like a rocket, climbing 103% this week alone! 🚀
I have signed a presidential decree to tokenize over 1,700 hectares of land in the Central African Republic.
Starting June, land concessions will be accessible online using $CAR, directly on @solana.
A new era of access and transparency begins.
— Faustin-Archange Touadéra (@FA_Touadera) May 29, 2025
As of now, this meme coin is trading at $0.047. If CAR can break that pesky $0.059 resistance, it might just keep climbing like a cat on a hot tin roof! 🐱👤
CAR’s Chaikin Money Flow (CMF) is sitting pretty at 0.17, which means there’s some serious cash flow going on! 💸
If this keeps up, CAR could break through $0.059 and strut its stuff all the way to $0.074.
But beware! If profit-taking starts, this altcoin could tumble down to $0.345 faster than you can say “meme coin!” 😱
Daddy Tate (DADDY)
Next up, we have DADDY, another meme coin that’s making waves! It’s up 14% over the last week and currently trades at $0.039. Not too shabby! 💪
Earlier this week, Andrew Tate announced the launch of Real World 2.0, his online training app. And guess what? It’s got a built-in wallet for DADDY! Talk about a match made in meme heaven! 😇
Speculative interest is rising faster than a soufflé in the oven! 🍰
The Real World 2.0 is nearly here and it’s about to go NUCLEAR.
• Built-in wallets
• Instant payouts
• Private job board with real offers from inside the ecosystemAnd when it all drops…$DADDY + $TRW are both gonna go CRAZY.
Which feature are you most excited for?
— THE REAL WORLD (@jointrw_) May 30, 2025
The token’s Balance of Power (BoP) is rising, indicating that DADDY traders are feeling bullish! Right now, it’s at 0.85. 🐂
If this trend continues, DADDY could strut its stuff all the way to $0.05.
But watch out! If sellers take over, we could see a price drop to $0.029. Yikes! 😬
SPX6900 (SPX)
SPX is defying the odds and posting double-digit gains! Up 11% this week, it’s trading at $0.95. Not too shabby for a meme coin! 🎉
The MACD setup on SPX’s daily chart is showing some serious buying pressure. The MACD line (blue) is way above the signal line (orange). It’s like a dance party in the crypto world! 💃
When the MACD line is above the signal line, it’s a bullish sign! Traders are feeling good about SPX’s chances of breaking above $1 and maybe even hitting $1.21! 💰
But if buying activity stalls, SPX could drop to $0.84. Don’t say I didn’t warn you! ⚠️
Trading Volumes Spike, But Meme Market Retail Boom Yet to Return
While these altcoins are looking good for potential gains, the meme market might face some bumps in the road. According to S, Community Lead at Neiro, summer usually brings a slowdown in market activity, and meme coins are no exception! ☀️
“It still feels early for full-blown market euphoria. Historically, summer tends to be slower across financial markets, crypto included. Whether we see a pullback is anyone’s guess, but momentum is essential; when things stop growing, they often start fading. If that momentum slows, it’s something the market should take seriously,” S noted.
S also mentioned that while trading volumes have spiked, we haven’t seen the retail frenzy of 2021 return yet. For now, it’s mostly crypto-native investors and whales making waves. 🐋
“So far, it looks like most of the activity is still coming from crypto-native circles. We haven’t seen the kind of mainstream retail frenzy we saw in 2021 or even 2017. That wave hasn’t hit yet—but when it does, it’s bound to bring with it the chaos, creativity, and memes we all know and love. Personally, I’m looking forward to that.”
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2025-05-31 14:33