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TRUMP Coin Tanks—Analysts Shift Focus to These 3 High-Potential Altcoins

TRUMP Coin Tanks—Analysts Shift Focus to These 3 High-Potential Altcoins

Author:
Cryptonews
Published:
2025-05-16 13:53:55
12
2

As TRUMP coin nosedives, traders scramble for alternatives—and these three tokens are lighting up analysts’ screens.

Forget the meme coin carnage. Here’s what smart money is eyeing now.

Bonus jab: Because nothing says ’sound investment’ like chasing the next shiny object after the last one crashes and burns.

Pepe ($PEPE): The First Pepe-Themed Coin is Likely to Stay Ahead of TRUMP

Inspired by Matt Furie’s well-known cartoon character, Pepe the Frog, or Pepe ($PEPE) on the blockchain, has solidified its position among the top meme-based cryptocurrencies. Since November 2024, it has consistently ranked in the top three meme coins, maintaining strong momentum in a crowded market.

Launched in April 2023, $PEPE sparked a wave of imitators, but none have demonstrated the same staying power or cultural significance.

Investor enthusiasm surged recently after Elon Musk posted a cryptic tweet, widely interpreted as a subtle nod to holding $PEPE. This sparked renewed speculation that it could be his next meme coin of choice.

😉pic.twitter.com/jR6ycgAYjc

— gorklon rust (@elonmusk) April 9, 2025

Trading at approximately $0.00001348 after rallying 56% in a fortnight and 90% in a month, $PEPE boasts a $5.7 billion market cap — making it the most valuable meme token not centered around dog-themed branding.

Chart analysts point to a potential breakout, as $PEPE appears to be rising quickly after a descending wedge — a classic bullish technical setup — formed between November and March.

Although still 52% below its all-time high of $0.00002803 (reached on December 9, 2024), a broader market rally could put $PEPE back on track to retest those highs. This ultimately makes it a more robust choice than TRUMP coin.

Solaxy ($SOLX): Solana’s Debut Layer 2 Bridges to Ethereum

Solaxy ($SOLX) is the inaugural Layer 2 solution on the solana blockchain, designed to ease congestion, enhance throughput, and lower transaction costs.

Mirroring Ethereum’s LAYER 2 strategies, Solaxy processes transactions off-chain, finalizing them later on the base network. It is also fully Ethereum-compatible, ensuring smooth interoperability for DeFi projects.

With its presale price set at $0.001724 and future increases planned, SOLX has already raised over $36.2 million. Investors are further enticed by its high-yield staking option, offering an impressive 112% APY.

Hype could escalate if Solana-based ETFs gain SEC approval, potentially spotlighting Solaxy ($SOLX) as a major beneficiary.

Find updates across Solaxy’s X and Telegram channels.

Dogecoin ($DOGE): Is the Original Meme Coin Primed for a Surge?

Dogecoin ($DOGE) continues to lead the meme coin sector, holding a $34 billion market cap and maintaining its status as the original cryptocurrency in this genre.

Originally launched in 2013 by Billy Markus and Jackson Palmer as a playful experiment, Doge has since become a globally recognized digital asset.

DOGE’s price movements often correlate with Bitcoin, offering a rare blend of volatility and relative stability within the meme coin landscape.

Currently valued at $0.228 following an 10% gain in seven days and 25% in thirty, Dogecoin could potentially rally like Pepe. As we can see above, technical indicators suggest a potential breakout from a long-term descending wedge — a common bullish reversal formation.

Optimists anticipate further gains in May, with projections pointing to a possible rally toward $0.48 — marking a 110.5% upside.

Real-world adoption continues to boost DOGE’s appeal. Tesla still accepts it for select merchandise, and financial platforms like PayPal and Revolut have added DOGE support, underscoring its growing utility.

|Square

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