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Meme Coins Stage Comeback While Bitcoin Churns Sideways (Weekend Crypto Pulse)

Meme Coins Stage Comeback While Bitcoin Churns Sideways (Weekend Crypto Pulse)

Published:
2025-05-18 09:26:19
14
3

Dogecoin, Shiba Inu, and other joke tokens surge double-digits as BTC stalls below $67K—because nothing says ’healthy market’ like speculative gambles outpacing the flagship asset.


Sideways Bitcoin = Altcoin Playground

With BTC volatility collapsing to 3-month lows, traders are flipping meme coins for quick pumps. DOGE leads the pack with a 12% rally, while PEPE and BONK follow close behind. Meanwhile, institutional money keeps stacking Bitcoin ETFs—proving Wall Street still prefers digital gold over internet dog money.


The Cynical Take

Just in time for the weekend: degenerate traders deploy rent money into shitcoins, because who needs risk management when you’ve got Elon Musk tweets and hopium? The ’smart money’ waits patiently for the inevitable flush.

BTC Consolidation Phase Endures

Bitcoin began the business week with some enhanced volatility following the trade deal struck between the US and China. At first, the cryptocurrency shot up to a multi-month peak of almost $106,000 before the bears took brief control of the market and drove it south to under $101,000 hours later.

Nevertheless, the predominantly bullish sentiment prevailed and Bitcoin remained within six-digit price territory. Moreover, it bounced off and spiked to $105,000 a day later where it found another rejection. The price moves repeated in a smaller extent but BTC overall managed to remain above $103,000.

It slipped below that lower boundary yesterday, but that was also short-lived and now sits around $104,000. This has pushed its market capitalization to over $2.060 trillion on CG, while its dominance over the alts has retraced slightly since yesterday, but is still above 60%. Yet, this hasn’t stopped many analysts from speculating that the altseason has started.

BTCUSD. Source: TradingView

BTCUSD. Source: TradingView

Memes Rebound

Most altcoins have bounced off after yesterday’s nosedive. ethereum has reclaimed the $2,500 level after a 2% daily increase, while XRP has neared $2.4 following a similar jump. More impressive daily pumps come from SOL, TRX, AVAX, and LINK.

However, the meme coins lead in terms of daily gains. The largest of the bunch has soared by 5% to $0.22 while SHIB is up by 5.5% and sits above $0.000015. Even bigger gains come from the likes of WIF (11%), Fartcoin (9%), BONK (8%), and FLOKI (8%).

PI has found a place somewhere between them with a 9% daily increase. However, Pi Network’s token is down by 19% since this time last Sunday.

The total crypto market cap has defended the $3.4 trillion line and is up by $30 billion since yesterday.

Cryptocurrency Market Overview. Source: QuantifyCrypto

Cryptocurrency Market Overview. Source: QuantifyCrypto

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