This Week in Meme Coins: UFD Rallies 126% While AKUMA Crashes; DOGE Remains Bullish

BeInCrypto has identified three meme coins that encapsulate the diverse investor sentiment witnessed throughout the week.

Unicorn Fart Dust (UFD)

UFD price surged by 147% this week, securing its spot as one of the best-performing meme coins. Currently trading at $0.27, the altcoin’s impressive growth has drawn attention from investors.

The rally pushed UFD to a new all-time high of $0.29. If the uptrend continues, the meme coin could breach the $0.30 mark, further solidifying its position as a standout performer in the crypto market.

However, a reversal in momentum could lead to a decline toward $0.20. If UFD loses this support, the price could plummet to $0.10, invalidating the bullish thesis and erasing recent gains.

Dogecoin (DOGE)

Dogecoin’s price surged 20% this week, bringing it back to the critical barrier of $0.39. Although this gain is smaller than those seen by some top altcoins, it signals a potential turning point for Doge after weeks of stagnation.

To sustain upward momentum, Dogecoin must breach and flip $0.39 into support. Achieving this would pave the way for a rise to $0.45, strengthening the meme coin leader’s position in the market and attracting renewed investor attention.

On the other hand, failure to breach $0.39 could lead to prolonged consolidation above $0.36. A drop below $0.36 would invalidate the bullish outlook and potentially signal further downside for Dogecoin.

Akuma Inu (AKUMA)

AKUMA price has dropped 41% over the past week, trading at $0.0007 after losing the critical supports of $0.0010 and $0.0008. The meme coin’s sharp decline places it among the worst performers, drawing concern from investors.

If the downtrend continues, AKUMA could slide further to $0.0004, deepening losses for holders. This scenario might solidify its position as the worst-performing meme coin of the month, causing additional market hesitation.

However, a recovery remains possible if AKUMA can flip $0.0008 into support. Reclaiming $0.0010 as a support level would invalidate the bearish outlook and signal a potential reversal for the struggling token.