Next Memecoins to Explode, April 9 – TRUMP, SHIB, PEPE
Highlights:
- The next memecoins to explode include OFFICIAL TRUMP, Shiba Inu, and PEPE amid market uncertainty.
- Shiba Inu burn rate surged 1465%, boosting scarcity as 34.1 million tokens were destroyed.
- PEPE eyes breakout as it tests key resistance near the 50-day moving average.
As the U.S. continues targeting more countries with tariffs, the crypto market has taken a major blow due to widespread panic selling. The overall market cap and 24-hour trading volume have declined to $2.45 trillion and $130 billion, respectively.
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Furthermore, the fear and greed index has dropped to 15 levels, indicating an extreme fear market sentiment. The memecoin sector has not been left behind in this bearish wave as its market cap declines to $40 billion. Let us take a look at the next memecoins to explode despite the current market downturn.
Next Memecoins to Explode
1. OFFICIAL TRUMP
OFFICIAL TRUMP is trading at $7.63, down by 2.50% in the past 24 hours. The memecoin is down 25% and 30% on the weekly and monthly charts, respectively. It has a market cap and trading volume of $1.5 billion and $520 million, respectively.
TRUMP is showing promising price movement, positioning it among the next memecoins to explode. According to analyst Ali Martinez, a recent TD sequential buy signal on its weekly chart indicates a potential upside.
The TD Sequential just flashed a buy signal on the $TRUMP weekly chart!
Key support: $7.13
Breakout confirmation: $11.96
Target: $17.94 pic.twitter.com/vsYjAP5VHD— Ali (@ali_charts) April 9, 2025
Support has been identified at $7.13, providing a solid foundation for price action. The breakout confirmation may be achieved at $11.96, more so in confirming the rally. The current price range set by the analyst can lead to $17.94.
2. Shiba Inu (SHIB)
The price of SHIB has been trading close to the $0.0000100 area in the past few days due to selling pressure. SHIB has shown endurance in the market as it continues to fluctuate. It currently trades at around $0.00001095. The memecoin has been down 10% over the past 30 days, with a market cap of $6.44 billion.
The burn rate of Shiba Inu increased by 1465% in the last 24 hours. During this period, the Shiba Inu community erased 34.1 million SHIB tokens from circulation, clearly showing their dedication to reducing the token supply.
HOURLY SHIB UPDATE$SHIB Price: $0.00001067 (1hr 0.53% ▲ | 24hr -6.61% ▼ )
Market Cap: $6,292,374,000 (-6.84% ▼)
Total Supply: 589,252,264,460,958TOKENS BURNT
Past 24Hrs: 34,118,858 (1465.76% ▲)
Past 7 Days: 202,401,869 (-81.22% ▼)— Shibburn (@shibburn) April 9, 2025
Additionally, they transferred 17,132,078 SHIB to a dead wallet, further contributing to efforts to increase scarcity. This surge in burn activity aligns with Shiba Inu’s ongoing strategy, making SHIB’s future a potential next memecoin to explode.
3. PEPE
The dog-themed memecoin, PEPE, is trading at $0.000006249, up by 0.30% on the daily chart. The memecoin is down 15% on the weekly chart with a market cap and trading volume of $2.60 billion and $826 billion, respectively.
PEPE is currently at the testing zone of the upper trendline of the descending channel formation. It also moves out from the daily chart’s 50-day moving average. This price action clearly signals that PEPE is in a decision-making range. At current levels, the token can be considered to be in an accumulation phase, meaning there are signs indicating that it is preparing to break out.
Token is testing the upper resistance of its falling wedge formation and the ma 50 on daily chart🧐
Accumulation at current levels shows building momentum before potential breakout📈
A successful break above resistance could trigger 150% rally with targets at… pic.twitter.com/DPBv8EEAY9
— Jonathan Carter (@JohncyCrypto) April 2, 2025
A successful breach of the resistance could mean a strong rally to this level. If the breakouts occur, the next targets could be $0.00000930, $0.00001070, $0.00001450, and $0.0000210. Investors are closely monitoring this price movement, considering PEPE as a potential next memecoin to explode.
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Raymond Munene
Raymond Munene is a crypto content writer who contributes to Crypto2Community. With over three years of experience, he is interested in Bitcoin, Blockchain, and Technical Analysis. Focusing on daily market analysis, his research helps traders and investors alike. His particular interest in cryptocurrency and blockchain aids his audience.
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