The popular official meme coin of the crypto-friendly US Presidency, Official Trump ($TRUMP), is the worst performing among the ten biggest meme coins by market cap this week.
In the last seven days it dropped 7% in price and now trades at $12.97 with a market cap over $2.5 billion.
However, several top meme coins are flashing on analysts radars as potentially more dependable alternatives to TRUMP. After all, meme coins are inherently volatile enough when they’re not pegged to the popularity of a notoriously volatile President.
Here they are.
Pepe ($PEPE): The First Pepe-Themed Coin is Likely to Stay Ahead of TRUMP
Inspired by Matt Furie’s well-known cartoon character, Pepe the Frog, or Pepe ($PEPE) on the blockchain, has solidified its position among the top meme-based cryptocurrencies. Since November 2024, it has consistently ranked in the top three meme coins, maintaining strong momentum in a crowded market.
Launched in April 2023, $PEPE sparked a wave of imitators, but none have demonstrated the same staying power or cultural significance.
Investor enthusiasm surged recently after Elon Musk posted a cryptic tweet, widely interpreted as a subtle nod to holding $PEPE. This sparked renewed speculation that it could be his next meme coin of choice.
Trading at approximately $0.00001348 after rallying 56% in a fortnight and 90% in a month, $PEPE boasts a $5.7 billion market cap — making it the most valuable meme token not centered around dog-themed branding.
Chart analysts point to a potential breakout, as $PEPE appears to be rising quickly after a descending wedge — a classic bullish technical setup — formed between November and March.
Although still 52% below its all-time high of $0.00002803 (reached on December 9, 2024), a broader market rally could put $PEPE back on track to retest those highs. This ultimately makes it a more robust choice than TRUMP coin.
Solaxy ($SOLX): Solana’s Debut Layer 2 Bridges to Ethereum
Solaxy ($SOLX) is the inaugural Layer 2 solution on the Solana blockchain, designed to ease congestion, enhance throughput, and lower transaction costs.
Mirroring Ethereum’s Layer 2 strategies, Solaxy processes transactions off-chain, finalizing them later on the base network. It is also fully Ethereum-compatible, ensuring smooth interoperability for DeFi projects.
With its presale price set at $0.001724 and future increases planned, SOLX has already raised over $36.2 million. Investors are further enticed by its high-yield staking option, offering an impressive 112% APY.
Hype could escalate if Solana-based ETFs gain SEC approval, potentially spotlighting Solaxy ($SOLX) as a major beneficiary.
Find updates across Solaxy’s X and Telegram channels.
Dogecoin ($DOGE): Is the Original Meme Coin Primed for a Surge?
Dogecoin ($DOGE) continues to lead the meme coin sector, holding a $34 billion market cap and maintaining its status as the original cryptocurrency in this genre.
Originally launched in 2013 by Billy Markus and Jackson Palmer as a playful experiment, DOGE has since become a globally recognized digital asset.
DOGE’s price movements often correlate with Bitcoin, offering a rare blend of volatility and relative stability within the meme coin landscape.
Currently valued at $0.228 following an 10% gain in seven days and 25% in thirty, Dogecoin could potentially rally like Pepe. As we can see above, technical indicators suggest a potential breakout from a long-term descending wedge — a common bullish reversal formation.
Optimists anticipate further gains in May, with projections pointing to a possible rally toward $0.48 — marking a 110.5% upside.
Real-world adoption continues to boost DOGE’s appeal. Tesla still accepts it for select merchandise, and financial platforms like PayPal and Revolut have added DOGE support, underscoring its growing utility.
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