Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
This Week in Meme Coins: UFD Rallies 126% While AKUMA Crashes; DOGE Remains Bullish

This Week in Meme Coins: UFD Rallies 126% While AKUMA Crashes; DOGE Remains Bullish

BeInCryptoBeInCrypto2025/01/17 08:00
By:Aaryamann Shrivastava

This week in meme coins: UFD surged to an ATH, DOGE gains strength, and AKUMA struggles with a 41% loss. See what’s driving sentiment.

The crypto market experienced significant volatility this week, with many altcoins undergoing corrections. However, Bitcoin’s climb to $100,000 today has shifted market momentum from bearish to bullish. This positive turn also benefits meme coins, with some outperforming others in terms of gains.

BeInCrypto has identified three meme coins that encapsulate the diverse investor sentiment witnessed throughout the week.

Unicorn Fart Dust (UFD)

UFD price surged by 147% this week, securing its spot as one of the best-performing meme coins. Currently trading at $0.27, the altcoin’s impressive growth has drawn attention from investors.

The rally pushed UFD to a new all-time high of $0.29. If the uptrend continues, the meme coin could breach the $0.30 mark, further solidifying its position as a standout performer in the crypto market.

This Week in Meme Coins: UFD Rallies 126% While AKUMA Crashes; DOGE Remains Bullish image 0UFD Price Analysis. Source:  TradingView

However, a reversal in momentum could lead to a decline toward $0.20. If UFD loses this support, the price could plummet to $0.10, invalidating the bullish thesis and erasing recent gains.

Dogecoin (DOGE)

Dogecoin’s price surged 20% this week, bringing it back to the critical barrier of $0.39. Although this gain is smaller than those seen by some top altcoins, it signals a potential turning point for DOGE after weeks of stagnation.

To sustain upward momentum, Dogecoin must breach and flip $0.39 into support. Achieving this would pave the way for a rise to $0.45, strengthening the meme coin leader’s position in the market and attracting renewed investor attention.

This Week in Meme Coins: UFD Rallies 126% While AKUMA Crashes; DOGE Remains Bullish image 1 DOGE Price Analysis. Source:  TradingView

On the other hand, failure to breach $0.39 could lead to prolonged consolidation above $0.36. A drop below $0.36 would invalidate the bullish outlook and potentially signal further downside for Dogecoin.

Akuma Inu (AKUMA)

AKUMA price has dropped 41% over the past week, trading at $0.0007 after losing the critical supports of $0.0010 and $0.0008. The meme coin’s sharp decline places it among the worst performers, drawing concern from investors.

If the downtrend continues, AKUMA could slide further to $0.0004, deepening losses for holders. This scenario might solidify its position as the worst-performing meme coin of the month, causing additional market hesitation.

This Week in Meme Coins: UFD Rallies 126% While AKUMA Crashes; DOGE Remains Bullish image 2AK UMA Price Analysis. Source:  TradingView

However, a recovery remains possible if AKUMA can flip $0.0008 into support. Reclaiming $0.0010 as a support level would invalidate the bearish outlook and signal a potential reversal for the struggling token.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Have financial markets reached peak uncertainty?

Share link:In this post: Trump’s unclear April 2 tariffs and new policies have pushed markets into peak uncertainty. Fed officials and investors have little confidence in economic forecasts right now. Most S&P 500 losses came from big tech stocks, while the rest of the index is holding up.

Cryptopolitan2025/03/23 04:33

Starlink and Italian government’s deal has stalled, in disapproval of Musk’s Doge role

Share link:In this post: Discussions between government and Starlink halted on security concerns and Musk’s role in the Trump administration. Opposition politicians questioned the logic of engaging a foreign business over sensitive matters. However, there are chances negotiations may resume

Cryptopolitan2025/03/23 04:33

Trump’s proposed 200% tariff on European liquor imports stokes worries among California’s winemakers

Share link:In this post: Trump’s proposed 200% tariffs on European wine worry California winemakers already struggling with low demand and crop losses. Large companies may benefit from refunds, but smaller wineries fear disrupted sales and distribution. Some see potential benefits for U.S. wines, but many fear economic harm if European alcohol prices skyrocket.

Cryptopolitan2025/03/23 04:33

Trump’s economic policies put $5,000 DOGE dividend checks on hold

Share link:In this post: Trump delays DOGE dividends, prioritizing tariffs and tax cuts over $5,000 stimulus checks. Economists warn that cash payouts may worsen inflation. The plan’s future depends on the country’s economic performance.

Cryptopolitan2025/03/23 04:33
Trump’s economic policies put $5,000 DOGE dividend checks on hold