Oh! The Fickle Fortune of Memecoins: Can DOGE, TRUMP Claw Back in Q4? 🤑

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Pray, consider these observations:

  • Bitcoin, that haughty institution-driven darling, hath left poor memecoins in the dust, quite the snub to their retail-heavy affections. 💸

  • Yet, DOGE, PEPE, and TRUMP, those whimsical creatures, show a glimmer of hope for a Q4 rebound-how quaint! 🐶🐸🤡

Bitcoin (BTC), ever the prideful one, hath soared to fresh highs above $125,000, while its lesser companions, Ether (ETH), Solana (SOL), and BNB (BNB), trailed behind in awe. 🌟

Alas, the memecoins, once the darlings of the ball, have failed to keep pace with this grand crypto boom. How the mighty have fallen! 😢

DOGE, TRUMP, and Their Brethren in Slump

Bitcoin, with its 32% gain year-to-date, hath mirrored the boom across risk markets, all thanks to the declining US dollar. How convenient! 📉

Meanwhile, memecoins, those flighty creatures of retail speculation, have stumbled. Dogecoin (DOGE), once the leader of the pack, hath slipped 20.20%, while Shiba Inu (SHIB) and Pepe (PEPE) have plunged 41.41% and 48.55%, respectively. How tragic! 🐕👛

Solana-based Bonk (BONK) is down 32.80%, and the Official Trump (TRUMP) token, launched with such fanfare, hath dipped by over 83% from its highs. AICell, poor soul, hath crashed by over 96%. What a spectacle! 🤦‍♀️

Solana’s Memecoin Mints: A Tale of Waning Interest

The number of new memecoins emerging from Solana-based launchpads hath dropped sharply since July, according to the wise sages at Dune Analytics. 🧙‍♂️

At the height of the mid-2025 mania, Solana was minting nearly 400 new meme tokens daily. By late August, that number had plummeted below 100, a decline of over 75%. How fickle is the heart of retail! 🎢

This cooldown suggests a fading interest in memecoins, as traders turn their attentions to prediction markets. How very diverting! 🔮

Solana memecoins handled a mere $864.8 million in volume during the week of Sept. 21-28, compared to $1.54 billion across prediction platforms like Polymarket and Kalshi. Nearly 1.8 times higher-how telling! 📊

The rise of institutional narratives and competing speculation venues hath drawn retail attention away from the memecoin sector. How the tables have turned! 🕰️

Might Memecoins Rise Again in Q4? A Flight of Fancy?

Based on technical setups, some memecoins exhibit signs of a late-stage revival in Q4 2025. How hopeful! 🌱

DOGE, forming an ascending triangle pattern after a 70% drop from its local high, teases a breakout above $0.28, potentially targeting $0.41 by year’s end. How ambitious! 🚀

Conversely, a break below the lower trendline may send DOGE toward $0.195. How precarious! 😬

Pepe (PEPE), another top-volume memecoin, forms a similar bullish reversal structure, with a year-end target of $0.00002230, a 126% increase. How daring! 🦜

TRUMP, testing resistance near $8.30-$8.35, may breakout toward $9.26-$10.75 by year’s end. Failure to clear resistance risks a pullback to $7.30. How dramatic! 🎭

Will these memecoins claw their way back, or shall they remain in the shadows of Bitcoin’s glory? Only time will tell, dear reader. 🕒

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2025-10-06 15:57