While the broader crypto market struggles with regulatory uncertainty, the meme coin market remains resilient, with numerous projects showcasing immense growth.
No longer are Dogecoin and Shiba Inu the talk of the town – lesser-known coins now lead the way, given their potential for exponential price increases.
With that in mind, presented below are five trending meme coins making headway in the market, along with price forecasts for the remainder of June.
Raptor Jesus ($RAPTOR)
First up is Raptor Jesus ($RAPTOR) – a brand-new meme coin that has taken the market by storm over the past few days.
As its name implies, Raptor Jesus is a coin modeled after the world-famous 4chan meme that originated in 2006. This meme is considered one of the most controversial 4chan memes ever created – hence the massive response to $RAPTOR’s market debut.
The token began trading on the Uniswap DEX on June 12 and immediately began rising, with traders eager to discover whether it was the next $PEPE.
After a brief lull in the past two days, $RAPTOR has rocketed again, briefly touching the $0.000000016 level.
This represented a 4,200% increase from its original Uniswap listing price.
Meme coin enthusiasts are now wondering where $RAPTOR could go next, given that the price chart shows a sharp reversal pattern on the 1H time frame.
One possible scenario is that $RAPTOR pulls back to create a minor support level, which could be formed around the $0.000000010 region.
This level may then be used as a springboard for further growth, with many traders targeting the $0.000000025 region – representing a 123% increase from today’s price.
Wall Street Memes ($WSM)
Wall Street Memes ($WSM) is the newest addition to our list, yet it has already made tremendous headway in the market.
Unlike $RAPTOR and $PEPE, Wall Street Memes isn’t yet publicly traded. Instead, the token is still in its presale phase – meaning early-bird investors can buy it at a low price point.
This appealing setup has prompted enormous demand for $WSM, leading to over $7.1 million being raised in a matter of weeks.
Wall Street Memes’ impressive fundraising can also be attributed to its vast community backing, which comprises over 1.1 million people, spread across social media platforms like Instagram and Twitter.
Moreover, the project’s official Telegram channel has grown exponentially since the presale began – highlighting the growing interest in $WSM.
Numerous crypto influencers have even got involved, with prominent YouTuber Zach Humphries releasing a video detailing his bullish stance on the token.
Wall Street Memes’ roadmap highlights plans for CEX and DEX listings in Phase 2, which many believe will occur in the coming months.
Given that the Wall Street Memes presale final price is set at just $0.0337, many meme coin lovers expect the token to soar once made available for public trading – meaning $WSM is certainly worth keeping an eye on.
Pepe ($PEPE)
Another meme coin that’s continued to turn heads in the market is Pepe ($PEPE).
Pepe needs no introduction, as it was the coin that sparked the meme coin niche back to life in mid-April.
The token made a name for itself by producing quadruple-digit returns for early investors, even though it had no built-in use cases or utility.
Per CoinMarketCap, $PEPE reached a market cap of $1.48 billion at its peak, briefly making it the third-largest meme coin globally, behind $DOGE and $SHIB.
However, as with many new meme coins, $PEPE has experienced a sharp decrease in value and is now trading 80% lower than its all-time high.
As such, many traders speculate that Pepe’s heyday is behind it – but some are still hoping for a comeback.
$PEPE is fast approaching a crucial support level at $0.000000814, where price rebounded aggressively on June 10.
If a similar scenario plays out this time, $PEPE could return to the top of the range that price is currently stuck in – which would represent a 20% surge.
However, $PEPE bulls must be wary of a potential break below this support zone. If this occurs, then it could send the token into freefall.
AiDoge ($AI)
Like Wall Street Memes, AiDoge ($AI) is another brand-new meme coin that has garnered massive attention from the trading community.
AiDoge recently completed a highly-successful presale phase, which saw the project raise $14.9 million in funding – hitting its hard cap in the process.
Investors came in droves to purchase $AI tokens through the presale, given that they were being offered at a discount relative to the planned exchange listing price.
Now, $AI tokens are set to be listed on major exchanges on June 19 – with presale investors eager to find out where the token price could go once it’s made accessible to the masses.
Fortunately, for those who missed out on the presale, AiDoge’s team is offering one final chance to buy $AI tokens at the launch price of $0.0000336.
Given that presale cryptocurrencies often experience rapid price growth upon listing, many early investors believe that acquiring $AI at the launch price beforehand could set the stage for exponential returns.
However, since $AI is not yet publicly available, there’s no telling exactly where the price could go once the token makes its market debut.
Nonetheless, the buzz has reached fever pitch with AiDoge.com – and with over 36,000 people now following the project’s Twitter account, it’s clear this new meme coin has already established a sizable fanbase.
Volt Inu ($VOLT)
Finally, Volt Inu ($VOLT) is another meme coin gaining traction recently – soaring 60% in the last three days.
$VOLT has been around since late 2022, yet has fallen by the wayside in recent months as meme coin enthusiasts opted for newer tokens like $PEPE and $WOJ.
However, the token did benefit from the positive contagion effect stemming from May’s meme coin frenzy – surging 53% before reversing sharply.
Now, the most recent price uptick has piqued investors’ interest once again, with many hoping it could be the start of an extended uptrend.
At the time of writing, $VOLT has broken back above the support level at $0.000000409 and appears to be heading back to it – potentially re-testing it before another bullish surge.
If this scenario continues, the likely price target would be the resistance zone at $0.000000738 – 75% higher than the current price.
However, for this to occur, traders would need to see a strong rejection from the nearby support level in the form of a bullish 1H or 4H candle, as this would provide confluence to the upside hypothesis.