Next Memecoins to Explode, April 19 – Toshi, TRUMP, PNUT

Highlights:

• TOSHI broke out of a falling wedge and may rally if it clears key resistance at $0.007 soon.
• The TRUMP token surged after a $300M unlock, but the price depends on the investor’s decision to hold or sell.
• PNUT retests a key breakout zone and could jump to $0.95 if buyers defend support at $0.166.

The overall crypto market cap is up today by 0.48% to $2.68 trillion in the past 24 hours. However, the trading volume has decreased 28.80% to $44.56 billion. The fear and greed index remains in the fear zone at an index of 32. Most of the top 10 cryptocurrencies are trading in the green zone past Good Friday. Most investors are back to the market as trade negotiations between countries continue after weeks of tariff wars.

The memecoin market has also followed the broader market recovery, with the memecoin market cap rising by 2.1% to $49 billion. With investors predicting the market to recover over the Easter holiday, these are the next memecoins to explode.

Next Memecoins to Explode

1. Toshi (TOSHI)

TOSHI is trading at $0.0003545, a 9.47% increase in the past day. In addition, the trading volume has increased 52.78% to $19.41 million. Meanwhile, the market cap stands at $144.69 million. The coin has increased 8.73% in the monthly chart but lost 2.36% in the weekly chart.

According to a popular analyst, TOSHI has broken out of a falling wedge, a pattern that often signals a trend reversal. After the breakout, the price rose quickly but is now facing a slight correction. This pullback is normal and could lead to a stronger move if the pattern holds.

$TOSHI is in a slight correction after breaking out of a falling wedge pattern.

There are 3 sell walls above. These are the last resistances.

A break through $0.0007 means the start of a bullish run for $TOSHI. pic.twitter.com/Z3JWB7Mn6e

— CW (@CW8900) April 19, 2025

The chart shows three strong resistance zones above. These zones have caused past rejections and now act as sell walls. Price must break through them to continue upward. The most important level sits at $0.007, and a clean move above this zone would confirm bullish momentum.

Buyers will likely gain more control if the price clears this level. Volume is still low, but a spike could push TOSHI into a strong rally. This move would confirm the breakout and trigger more buying interest.

2. OFFICIAL TRUMP (TRUMP)

The memecoin linked to President Trump is trading at $8.36, representing an 11.09% increase over the last 24 hours. The market cap stands at $1.67 billion, and the trading volume has increased by 10.37% to $424.11 million. Moreover, the coin has gained 3.89% in the past week despite a tough loss of 26.48% in the past month.

TRUMP just unlocked 40 million tokens worth $300 million yesterday, which equals 20% of the circulating supply. The unlock has caused the surge in trading volume and price today despite unlocks traditionally being a bearish outlook.

1️⃣ TRUMP Just Unlocked 40M Tokens Worth $300M
🔓 This unlock represents 20% of circulating supply—could it lead to short-term selling pressure on the #TRUMP token?

2️⃣ #Ethereum Gas Fees Drop to 0.352 Gwei
⛽ Among the lowest in recent years. $ETH transactions are now extremely… pic.twitter.com/lTki8JK8w7

— CoinW (@CoinWOfficial) April 18, 2025

However, the large unlock may lead to short-term selling pressure. Some investors might sell the coins they have received from the unlock to take quick profits. If that happens, the price could drop soon, and a bearish mood could reverse the current rally. However, other investors may choose to hold their tokens as they anticipate a bull run in the overall market. This would help keep the price momentum going as the market awaits the predicted bull run.

3. Peanut the Squirrel (PNUT)

The Solana-based coin is trading at $0.1300, with a 0.95% increase in the past 24 hours. The market cap has increased to $129.98 million, while the trading volume is down 27.96% to $55.03 million. The coin is showing signs of recovery after falling 3.84% on the weekly chart and 25.71% on the monthly chart.

According to Whales Crypto, PNUT has broken out of a descending triangle on the daily chart. Now, the price is retesting the breakout zone. This zone sits just above key support and shows strong buyer interest.

#PNUT

PeanutDAO is retesting a descending triangle pattern on the daily timeframe🧐

A successful retest of the broken resistance could trigger a sharp rise towards $0.95📈

👇Crypto Traders-join Telegram👇 https://t.co/4ApYM0WgpD
. pic.twitter.com/OFq0QAM3FP

— Whales_Crypto_Trading 🐋 (@WHALES_CRYPTOzz) April 19, 2025

If the retest holds, the price could start a strong upward move. The next major target is around $0.4687. After that, bulls could aim for $0.6811 and possibly $0.9581. These levels mark the next key resistances on the chart.

However, if the price falls back into the triangle, it could trap buyers. A break below the $0.1660 mark might delay any bullish setup. That would return the price to the support zone again. For now, PNUT looks bullish. But the market must confirm the breakout with a higher low.