"Meme Coins' March Rebound: DADDY's 70% Surge, PEPE's Bitcoin Correlation, POPCAT's Recovery"
1min read In March 2025, the crypto market is expected to witness a rebound, with several meme coins poised to capitalize on this trend. BeInCrypto has identified five meme coins that could make a comeback and recover their losses in the coming month.
Daddy Tate (DADDY)
DADDY has surprised the market with a 70% price increase, recovering February's losses and more. The altcoin is currently trading at $0.054 and is eyeing a further rally, potentially breaching the $0.068 resistance. This level has been a challenge for the meme coin since mid-December, but with bullish factors driving the price, it may finally break through. The continuation of this uptrend depends on sustained investor confidence.
However, if DADDY fails to hold the support of $0.054, the price may fall back to the $0.045 support level. A deeper decline could invalidate the bullish outlook, potentially triggering a shift in sentiment and setting the coin back further.
Pepe (PEPE)
PEPE continues its downtrend, trading at $0.00000718 after starting this decline in November 2024. The altcoin's price remains under pressure, but the situation could shift. Notably, PEPE has a strong correlation of 0.89 with Bitcoin, potentially setting the stage for a recovery if BTC rebounds.
With Bitcoin potentially nearing a market bottom, PEPE could benefit from its recovery. If Bitcoin gains momentum, PEPE is likely to follow suit. A key marker for this would be PEPE flipping $0.00000951 into support and eventually surpassing the $0.00001146 resistance level, signaling further upside.
If the downtrend persists, PEPE faces the risk of falling below its $0.00000748 support. A breakdown through this level could lead to a test of $0.00000632, further invalidating the bullish thesis and signaling a deeper decline.
Popcat (POPCAT)
POPCAT has made a notable recovery, currently down just 9 