With the Bitcoin price flipping its 50-day Simple Moving Average, experts believe that Wave 3 of the crypto bull market — also known as the “altseason” — has started. Wave 3, guys..... in the #Altseason Enjoy!! 🚀🚀🚀 — Henrik Zeberg (@HenrikZeberg) January 3, 2025 A weekly close for BTC above $96,9000 will confirm the bullish thesis. The bull rally has predictably started with a meme coin mania. Smart money investors are actively hunting for the best meme coins to buy that could deliver outsized returns in the upcoming supercycle. 3 Best Meme Coins to Buy Now - Bullish Price Charts There is a frantic search for the best meme coins to buy. For the large-caps, it simply means picking the meme coins with the most bullish charts. For instance, the Price price chart has impressed smart money investors. It appears to have secured a major breakout from a bullish pennant in its 1-hour timeframe. Moreover, it has flipped its 50-day Simple Moving Average, a key S/R level for the Ethereum meme coin. Pepe’s strong technicals aren’t a surprise, given Elon Musk’s recent support for frog meme coins. After liking a post that called him “the pepefather”, he even changed his X avatar, changing his name to Kekiusm Maximus and switching to a profile picture of a gladiator frog playing a video game. Experts believe that simply buying and holding Pepe could result in attractive returns for spot traders, particularly considering that the meme coin could go to a $50 billion market capitalization in 2025. Similarly, the Dogecoin price has secured a major breakout, following a double-bottom formation on its daily chart. Daily #Dogecoin : Double Bottom with Breakout 🔥 $Doge hit a local bottom and is set to reach new highs soon 🚀 pic.twitter.com/5nDApc3b0g — Trader Tardigrade (@TATrader_Alan) January 3, 2025 The DOGE price is currently trading at $0.373, up by nearly 10% on Friday. All eyes are now on the key 50-day Simple Moving Average, which is hovering at $0.38. A weekly close above it could pave the way for new all-time highs. Thirdly, Solana meme coins have extremely bullish charts. Solana itself has secured a high-volume breakout from an ascending wedge in its 12-hour price chart. $SOL How's about that for a break out https://t.co/eo3gRwiPvC pic.twitter.com/ZQqpx6cAiu — CRG (@MacroCRG) January 3, 2025 Unsurprisingly, Solana meme coins are soaring. SPX6900 is up by over 36%, while Department of Government Efficiency has soared by more than 40%. Popcat (+10%), Gigachad (+15%) and Fartcoin (+12%) are also skyrocketing. Best New Meme Coin Presales There is also a strong demand for low-cap meme coins, considering they can offer outsized growth. As such, most meme coin investors are on the lookout for the next 100x meme coin. Wall Street Pepe (WEPE) is one such new meme coin in high demand, especially following Elon Musk’s support for low-cap tokens. WEPE has raised more than $40 million in its Initial Coin Offering, thanks to heavy whale bidding and strong whale interest. The project’s key selling point - offering cutting-edge market alpha to all its holders - is clearly in high demand, as its presale staking platform. Smart money investors are eyeing anywhere between 10x and 100x returns from it. Similarly, Solaxy (SOLX) is another new project that is being viewed by some as one of the best meme coins to buy, especially considering the explosive growth of Solana’s ecosystem. SOLX is the first prominent Solana Layer-2 token, which has already raised over $8 million in its ICO. Solaxy’s rollup architecture could prove to be a game-changer, especially in the upcoming Solana meme coin mania. Unsurprisingly, smart money investors are bullish on SOLX’s upside potential. A growing number of prominent investors are eyeing up to 10x returns from SOLX. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
