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Meme Coins Could Make a Comeback in 2025, Here's Why

2025/01/12 19:25

Meme Coins Could Make a Comeback in 2025, Here's Why

As Bitcoin reaches six figures again, meme coins could start trending in 2025.

On this list, we’ll cover Pepe (PEPE), Bonk (BONK), and Dogecoin (DOGE).

We’ll also take a look at a new Layer-2 project that could generate substantial buzz after its potential mainnet launch - PlutoChain ($PLUTO).

Each of these projects brings something unique to the table - whether it’s technology, strong community backing, or an L2 solution for scaling.

Let’s look at the deets.

PlutoChain’s ($PLUTO) Layer-2 Solution Could Fix Bitcoin’s Slow Transactions and High Fees

PlutoChain ($PLUTO) presents a new Layer-2 solution that has the potential to tackle some of Bitcoin’s biggest problems.

For instance, Bitcoin’s users often deal with sluggish transactions, hefty fees, and network bottlenecks.

By adding a parallel network to Bitcoin’s blockchain, PlutoChain could reduce costs, boost scalability, and speed up transactions. It could address Bitcoin’s limitations without sacrificing security or decentralization.

Bitcoin’s 10-minute block time has always been a drawback, especially when compared to faster blockchains like Ethereum and Solana.

PlutoChain’s Layer-2 technology offers block time of just 2 seconds on its own chain while potentially enabling smooth transactions and unlocking smart contract capabilities. This shift could turn Bitcoin into a more adaptable platform for developers.

PlutoChain also supports Ethereum Virtual Machine (EVM) compatibility, which could allow Ethereum-based projects to transition seamlessly into Bitcoin’s ecosystem.

This innovation could enable DeFi, NFTs, and AI-based applications to thrive.

The testnet processed 43,200 transactions per day with zero congestion or delays, which shows PlutoChain is ready for real-world use.

To validate its reliability, the platform has undergone security audits by SolidProof, QuillAudits, and Assure DeFi.

There’s also a community governance principle so users can actively shape the platform by submitting proposals and voting on critical updates.

Pepe ($PEPE) Combines Low Fees and High Liquidity to Boost Adoption

As of January 9, 2025, Pepe (PEPE) is trading at approximately $0.00001704, up 6.4% in the last 24 hours.

The 24-hour trading volume is around $1.77 billion, while its market cap stands at roughly $7.11 billion.

The RSI is currently at 25, which means PEPE may be oversold.

A big boost for PEPE came from whale investments, with one whale purchasing $1.58 million worth of PEPE using 14.75 WBTC and 150,000 USDC.

Its accessibility has also improved with listings on major exchanges like Binance.US and Coinbase.

These additions have broadened PEPE’s reach and drew in a larger investor base and higher trading volumes.

Another milestone was PEPE’s entry into the Japanese market in October 2024. Through its listing on the BitPoint exchange, it became the first memecoin officially available in Japan.

InvestingHaven, a crypto analyst on X, suggests PEPE could rise significantly if it breaks the $0.0000177 resistance and holds above $0.00008941 support.

He says achieving the $0.0000666 target depends on maintaining these levels and favorable patterns in its price movements.

Bonk ($BONK) Offers Fast Transactions and Strong Community Support

As of January 9, 2025, Bonk (BONK) is priced at around $0.00002737, up by 6.8% in the last 24 hours.

Its daily trading volume has reached $271.96 million, with a market cap of approximately $2.08 billion.

Right now, the RSI sits at 26, which means BONK is in the oversold territory.

In December 2024, the Bonk team launched "BURNmas," an ambitious initiative to burn at least 1 trillion tokens by Christmas.

By the event's close, approximately 1.6 trillion tokens, around 2.2% of the circulating supply, were set to be burned.

Earlier that year, in May, BONK was listed on Bithumb, one of South Korea’s largest crypto exchanges.

This listing boosted its visibility in the Asian market, after which its price surged by nearly 10% within 24 hours, and its trading volume went up by over 36%.

That same month, BONK achieved a market cap milestone of $2.7 billion, which placed it alongside

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