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Next Memecoins to Explode, January 31 – DOGE, FLOKI, FARTCOIN

Highlights:

  • Dogecoin rebounded after a liquidity sweep and now eyes $0.135 if strength builds above the $0.118 zone.
  • FLOKI is compressing near a key demand area and could recover if it breaks the long-term downtrend.
  • Fartcoin bounced from $0.244 and needs a push above $0.278 to shift momentum upward.

The crypto market is slightly up today after a bearish run this week. The market has recovered after the easing of liquidations that rocked the market this week. In addition, the anticipation of a crypto-friendly Fed Chair has sparked optimism of a rate cut. Meanwhile, BTC has reclaimed the $84,000 to $86,000 zone, sparking hopes for a rally in the next month.

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The overall market cap is up 0.84% to $2.83 trillion. However, the trading volume is slightly down 24.35% to $136.08 billion. The fear and greed index stands in the fear zone at an index of 26. The memecoin market cap is down 2.9% to $40 billion, and the trading volume stands at $4.2 billion, according to CoinGecko data. With the slight recovery in the market as the month comes to an end, here are the next memecoins to explode.

Next Memecoins to Explode

1. Dogecoin (DOGE)

The largest memecoin by market cap is trading at $0.1134, a 0.87% increase in the past day. However, the trading volume is down 38.82% to $1.21 billion, while the market cap stands at $19.12 billion.

Next Memecoins to Explode, January 31 – DOGE, FLOKI, FARTCOIN
Source: CoinMarketCap

Dogecoin is trading through a structured market cycle on the four-hour chart after an extended period of sideways movement. The price first moved into a tight consolidation range that signaled steady positioning. A sudden drop followed and briefly pushed the price below the range to trigger stops. This move cleared short-term liquidity and reset momentum. The price has since rebounded and reclaimed the lower boundary of the range.

This recovery of the memecoin marks a transition into an expansion phase. The $0.118 to $0.120 zone now acts as immediate support. Holding this area will allow the price to build strength. In case of upside momentum, the coin may push towards the $0.135 region.

2. FLOKI (FLOKI)

FLOKI, a utility token of the Floki Ecosystem, is trading at $0.00003838, a 1.89% increase in the past day. Meanwhile, the trading volume of the memecoin has decreased by 8.76% to $52.39 million, and the market cap stands at $366.21 million.

Next Memecoins to Explode, January 31 – DOGE, FLOKI, FARTCOIN
Source: CoinMarketCap

Floki is trading within a prolonged downtrend on the daily chart after months of lower highs. The descending trendline has capped upside attempts and has defined the overall direction. The price of the memecoin is now compressing near the $0.000038 to $0.000040 demand zone. This area has absorbed selling pressure several times and slowed downside momentum.

Next Memecoins to Explode, January 31 – DOGE, FLOKI, FARTCOIN
Source: TradingView

A sustained hold in the demand zone will allow the structure to stabilize. The next upside zone sits near $0.000058 and then $0.000078. Meanwhile, momentum indicators show weakening bearish pressure. The MACD remains negative but flattening. This shift hints at reduced downside strength. A break from the falling trendline will confirm the sustained recovery.

3. Fartcoin (FARTCOIN)

Fartcoin, a Solana-based memecoin, is trading at $0.2492, with a 0.58% decrease in the past 24 hours. The market cap of the memecoin stands at $249.23 million, while the trading volume is down 37.53% to $57.58 million.

Next Memecoins to Explode, January 31 – DOGE, FLOKI, FARTCOIN
Source: CoinMarketCap

Fartcoin is trading within a short-term recovery after a sharp selloff on the lower timeframe. The price collapsed from the $0.29 region and broke prior support with strong momentum. That move confirmed a bearish shift in structure. After the decline, the price of the memecoin found a base near $0.244 and formed a clear reaction low. This area now acts as immediate support.

Next Memecoins to Explode, January 31 – DOGE, FLOKI, FARTCOIN
Source: X

The bounce has pushed the price back toward the $0.26 zone. However, sellers remain active below $0.278. This level marks the first major resistance. A move above it would improve structure, while a failure could send the price back toward $0.244.

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