This Week’s Top 3 Meme Coins: Ready to Soar or Set to Sink?

Jakarta, Pintu News – The meme coin market is showing mixed signals. Although still down more than 5% overall in the past week, prices started to rise by about 5% on January 12, signaling renewed interest from investors.

Amidst this situation, there are three meme coins worth noting, each for different reasons. One continued to rise despite a sell-off from the whales, another experienced a large accumulation as the price fell, and the third attracted increased transaction volume as it managed to reclaim an important technical level.

Pump.fun (PUMP)

Among the noteworthy meme coins this week, Pump.fun (PUMP) stood out for a different reason. While many meme tokens lost momentum, PUMP showed relative strength.

Read also: Meme Coin Market Crashes, 11.6 Million Crypto Tokens Failed in a Year!

The token is up about 6% in the 24 hours (12/1) and almost 9% in the last seven days, making it a highlight for short-term traders.

Notes: Pump.fun is not actually a meme coin by design. It is a launch platform where meme coins are created and traded. However, CoinGecko categorizes it as a meme coin, and its recent movements have had quite an impact on the category’s performance during this week.

Technically, PUMP’s price chart shows a cup and handle pattern, but with one important note: the shape of the cup is downward sloping, not flat. This is important because a downward sloping cup usually reflects weaker market conviction beneath the surface.

A breakout from a pattern like this is still possible, but requires a stronger-than-usual follow-through buying impulse.

These doubts are reflected in whale behavior. Over the past seven days, whale wallets reduced holdings by 6.37%. Currently, whale’s balance stands at 12.02 billion PUMP, which means about 820 million tokens have been sold in one week, despite the price still rising. At the current price, that equates to about $2 million that has been distributed.

This directional divergence is very important: prices are rising, but large holders are selling when prices are rising. This doesn’t immediately invalidate bullish potential, but it does raise the bar for confirmation of an uptrend continuation.

On the chart, the $0.0026 level is the key area to watch. If price manages to close daily above this level, it will confirm the neckline breakout and open up a potential move to $0.0037, or about 75% upside based on the depth of the cup pattern.

Conversely, if the price drops past $0.0023, then $0.0020, then the pattern will be considered a failure and the whales’ concerns will be proven correct.

Pepe (PEPE)

Pepe (PEPE) remains one of the strongest meme coins to watch this week, yet its price structure is showing mixed signals. The token has gained almost 35% in the last 30 days, making it one of the best performers in the meme coin category.

However, on the other hand, Pepe is down about 14.5% in the past seven days, suggesting short-term weakness amid a still-strong large trend.

What draws attention is the behavior of whales during this downturn. Since January 7, whale wallets increased their holdings from 133.15 trillion PEPE to 134.32 trillion, an addition of about 1.17 trillion tokens.

At the current price of around $0.0000059, that equates to around $6.9 million in net accumulation. This purchase comes as the overall meme coin market is down more than 5%, suggesting selective conviction rather than mass buying.

The price chart gives a clue as to why the whales started entering early. On the 12-hour chart, the price of PEPE is moving tightly between the 20-period EMA and the 200-period EMA. The EMA (Exponential Moving Average) gives more weight to recent prices and helps identify the direction of the trend.

These two EMAs are approaching, raising the possibility of a bullish crossover if the price is able to hold.

Historically, a recovery back above the 20-period EMA is an important signal for Pepe. The last reclaim that occurred on January 1 triggered a 74% rally. If there is a clean close above both EMAs on the 12-hour time frame, then PEPE could potentially rise to $0.0000075, then $0.0000085.

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However, failure to hold also brings risks. A 12-hour close below $0.0000056 could open the door for a deeper correction towards $0.0000039.

The whales seem to be betting on the technical structure before confirmation. The next decision on the EMA will most likely determine whether their conviction will come to fruition or not.

Floki (FLOKI)

One more meme coin worth keeping an eye on this week is Floki, which is starting to attract attention despite its short-term weakness.

In the last seven days, FLOKI is down about 8%, yet it still registered a gain of almost 12% in the last 30 days. This puts it in a similar position to Pepe – where the recent price cooling is inversely proportional to the strength of the long-term trend.

Market interest data supports this. In early January, Floki was recorded as the third most traded meme coin, both in terms of volume and number of unique traders – losing out only to Pepe and BabyDoge. This increase in activity suggests that traders are more likely to divert attention, rather than exit the meme coin market entirely.

The price chart gives supportive technical clues. On the 12-hour chart, FLOKI managed to reclaim the 20-period EMA. For Floki, this level is very important. Every time this EMA has been reclaimed in the past month, the price has experienced a quick spike. On January 1, a similar reclaim triggered a 52% rally, while a smaller reclaim on December 8 resulted in an 11% bounce.

This makes the current reclaim quite significant. As long as prices hold above the 20-period EMA, Floki could potentially move towards $0.000053, then $0.0000619 if momentum continues to build. This is in line with the recent surge in trader interest.

However, the risks are also clear. If it fails to hold above the EMA, then the price of $0.000050 will again become a point of concern. Missing this level could pave the way for a sharper drop to around $0.000038, especially if trading volumes weaken as well.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Meme Coins to Watch Second Week of January. Accessed on January 16, 2026