Bitcoin Remains Strong While Dogecoin Plummets – Are Meme Coins Losing Their Appeal?
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The crypto market experienced a brutal correction this past week, with most digital assets erasing nearly all their 2025 gains.
But while most digital assets tumbled, Bitcoin held up surprisingly well, proving once again why it’s the king of crypto. Meanwhile, meme coin investors had a rough ride—especially Dogecoin holders, who saw their portfolios shrink fast.
That said, the meme coin scene isn’t completely dead. Instead of giving up, traders are pivoting to new trending projects.
Crypto influencers are already eyeing up-and-comers like Solaxy (SOLX) and Bitcoin Bull (BULL), calling them potential winners while older names like DOGE and PEPE struggle to keep up.
Let’s check out the details.
Meme Coins Are Struggling to Bounce Back
While many top cryptos have lost their post-election gains, meme coins have taken the biggest hit. The entire sector has retraced back to where it was in November 2024, wiping out the hype-driven rally from the winter “meme coin season.”
Take Dogecoin (DOGE), for example. It shot up to nearly $0.50 after Trump’s win but has since slumped back to $0.20. Shiba Inu (SHIB), Pepe (PEPE), Bonk (BONK), and FLOKI (FLOKI) have all seen similar drops, but PENGU got hit the hardest—plunging a brutal 40% from $0.015 to $0.009.
According to Bitwise CIO Matt Hougan, the meme coin boom might be coming to an end. In a recent tweet, he pointed out some red flags, including rumors of Melania Trump, Libra, and the Lazarus Group allegedly using meme coins to launder stolen Ethereum.
What crypto is digesting right now is the end of the memecoin boom. The combination of Melania, Libra, and the Lazarus Group using memecoins to launder stolen ETH will kill it dead. Maybe not today, but within 6 months.
The good news is there are already things ready to replace…
— Matt Hougan (@Matt_Hougan) February 25, 2025
If true, it’s no surprise investors are losing confidence. Hougan even predicts the entire meme coin sector could collapse within the next six months.
However, others, like Clay Bro, believe that the best presale meme coins, like $SOLX and $BTCBULL could generate substantial profits in the weeks to come.
Let’s see why.
Solaxy ($SOLX) – The Layer 2 Upgrade Solana Desperately Needs
Solaxy ($SOLX) is stepping up to fix some of Solana’s biggest headaches—failed transactions, network congestion, and scalability issues. With Solana’s price action all over the place and ongoing drama in its meme coin space, Solaxy could be the game-changer the ecosystem needs.
What makes Solaxy different? It’s the first Layer 2 for Solana, designed to make the blockchain faster and more reliable while also connecting it with Ethereum’s deep liquidity. That means DeFi, GameFi, meme coin, and NFT projects can enjoy the best of both worlds—Ethereum’s capital and Solana’s speed.
Investors are already piling in, with Solaxy’s presale raising nearly $25 million. Its native token, SOLX, powers transactions and offers a massive 166% APY for stakers.
With a 2025 launch ahead, this could be the upgrade that finally brings stability to Solana and fuels its next major rally.
Visit the Solaxy ($SOLX) presale now
BTC Bull Token ($BTCBULL) – The Meme Coin That Pays You in Bitcoin
BTC Bull Token ($BTCBULL) isn’t just another useless meme coin—it’s designed to reward holders with actual Bitcoin as BTC climbs toward $1 million.
Unlike most meme coins that rely purely on hype, BTC Bull Token offers a unique incentive structure where holders receive $BTC airdrops at key price milestones. The rewards start when Bitcoin hits $150K and continue every $50K thereafter, making it an appealing option for long-term Bitcoin believers.
The project is already gaining serious traction, becoming one of the best presales in March, raising over $3,4 million. Investors can also stake $BTCBULL for a 136% APY, further increasing their holdings. A built-in burn mechanism helps reduce supply over time, potentially boosting the token’s value as demand grows.
With Bitcoin regaining strength and meme coins leading market rebounds, BTC Bull Token positions itself as the ideal play for investors looking to capitalize on both trends.
Audited by Coinsult and SolidProof, BTCBULL offers a safe, secure way to earn free Bitcoin while participating in the next wave of meme coin mania.
Visit the Bitcoin Bull ($BTCBULL) presale now
Final Words
Meme coins aren’t dead, but the game is changing. The old giants like DOGE and PEPE aren’t delivering like they used to, and investors are starting to look for fresh opportunities—projects with more than just hype behind them.
That’s exactly why Solaxy ($SOLX) and BTC Bull Token ($BTCBULL) are getting so much attention. Whether it’s fixing Solana’s biggest issues or literally paying holders in Bitcoin, these top meme coin presales are giving traders something new to be excited about.