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Top 3 memecoins to watch in June 2025
The memecoin market is beginning to cool off after a surge in May. The downturn in the crypto space over the past week has slowed the momentum, affecting the top memecoin projects.
However, the trading volume of memecoin still increased by 5% in the past month, signaling that investor demand has not completely vanished.
Let's take a look with Bitcoin Magazine at 3 notable memecoin projects to watch in the coming month.
Central African Republic (CAR)
The official meme coin launched by the Central African Republic has seen positive developments in May. The president of this country recently announced that the government will use CAR to tokenize 1,700 hectares of land.
Therefore, CAR has had a strong resurgence, increasing by 103% just this week.
As of now, the memecoin is trading around $0.047 with the goal of breaking the resistance level of $0.059. CAR could witness a continuous upward trend if the overall market conditions improve.
The Chaikin Money Flow indicator (CMF) of CAR remains solidly in the positive zone at 0.17, reinforcing the bullish potential to break through the important resistance level.
The CMF indicator, which measures the flow of money into and out of an asset, signals strong buying pressure and indicates that capital is flowing into CAR.
If this continues, CAR could surpass $0.059 and extend its rally to $0.074.
Daddy Tate (DADDY)
DADDY is another memecoin project to watch in June, up 14% in the past seven days and currently trading around $0.039.
Earlier this week, Andrew Tate announced the launch of the Real World 2.0 online training application. According to his statement, the app will integrate the wallet with a number of widgets around DADDY.
Therefore, the speculative interest in this memecoin is increasing.
The Balance of Power indicator (BoP) of the token is rising, indicating a steady increase in buying pressure from traders. As of now, this momentum indicator is at 0.85.
BOP measures the strength of buyers against sellers by comparing the closing price to the trading range. A positive BOP value indicates that buyers are in control and there is upward price momentum in the market.
If this trend continues, DADDY could extend the bullish rally to $0.05.
SPX6900 (SPX)
SPX has resisted the overall market downturn over the past week, achieving an 11% increase and is currently trading around $0.95.
Setting the MACD of SPX on the daily chart confirms buying pressure in the spot market, with the blue MACD line ( of the token above the orange signal line ).
The MACD indicator identifies trends and momentum in the price fluctuations of an asset. Traders use it to detect potential buy or sell signals through the intersections between the MACD line and the signal line.
In the case of SPX, when the MACD line of the asset is above the signal line, it indicates bullish momentum, suggesting that the price of that asset may continue to rise. Traders view this crossover as a positive signal, supporting the ongoing upward trend of SPX.
If the growth momentum continues, memecoin may surpass the $1 mark and head towards $1.21.
Trading volume spikes, but retail traders have yet to return
Although the memecoins seem ready for potential gains in the coming weeks, the meme market in general may face some obstacles.
In an interview with S, the Community Manager at Neiro, the summer months often see a slowdown in overall market activity, and memecoin is no exception to that seasonal trend.
"It is still too early for the market to be truly excited. Traditionally, summer tends to slow down financial markets, including the crypto space. No one can predict whether we will see a downturn or not, but momentum is essential; when things stop growing, the market often begins to weaken. If momentum slows down, that is something the market needs to be cautious about."
S added that although trading volume has surged, the memecoin market has yet to witness a return of the retail frenzy of 2021. Currently, activity is still primarily driven by investors and whales.
"So far, it seems that most of the activity still comes from whales. We have not seen the retail frenzy that occurred in 2021 or even in 2017. That wave has not yet hit. But when it does, it will certainly bring chaos and creativity."
Vincent