Bitcoin’s March to $115K: 3 Memecoins Primed to Outperform
As Bitcoin flirts with its next potential all-time high, degenerate capital is already rotating into high-beta plays. These three memecoins could deliver asymmetric returns—if you’ve got the stomach for volatility.
Forget ’fundamentals’—this is casino economics at work. Just remember: the house always wins in the end.
Cryptocurrencies Hold As Bitcoin Tests New All-Time High
BTC’s latest rally is likely due to a surge in institutional investments. BlackRock, the world’s largest asset manager, has purchased more than $3 billion worth of BTC since May 2 for its spot ETF. Retail investors are likely being cautious right now.
While BTC is moving closer to a new all-time high, other cryptocurrencies are lagging. The current market rally seems to be Bitcoin-specific. This development once again highlights the possibility of the rally being fueled by institutional money.
The cryptocurrency market will likely rally if Bitcoin (BTC) hits a new peak. BTC reaching a new high could boost investor sentiment. The cryptocurrency market experienced a rally last week. The momentum has since cooled down.
Three Popular Memecoins To Watch As BTC Inches Closer To A New Peak
1. Dogecoin (DOGE)
DOGE could see a breakout if BTC hits a new peak. The asset also has an ETF application with the SEC. The SEC recently delayed its decision on the Doge ETF. The meme cryptocurrency could see a massive rally if an ETF is approved.
2. Official Trump (TRUMP)
TRUMP is not entirely a memecoin. Despite having links to President Trump, the cryptocurrency has performed similarly to other meme tokens. The asset could surge if BTC reclaims, or surpasses, its peak of $108,786.
3. Pepe (PEPE)
PEPE, like other meme cryptocurrencies, might rise if Bitcoin (BTC) reaches $115,000. From the time it was launched in April 2023, the asset has done well. Another positive period for the coin may occur over the next few weeks.
