Fartcoin, WIF, SPX6900, and Popcat show bullish signs as memecoin mania returns. Analysts predict up to 350% gains in the current Bitcoin-led bull cycle.
As Bitcoin crosses $112,000, memecoins are making a bold comeback. While BTC surged 7.35% over the past 72 hours, tokens like Fartcoin (FARTCOIN), Dogwifhat (WIF), SPX6900, and Popcat (POPCAT) are posting even larger gains, signaling they may outperform Bitcoin this cycle.
These coins, driven by strong technical indicators, present potential short-term profits as the broader crypto bull market gains steam.
Fartcoin Eyes $2.74 as Bullish Channel Expands
Fartcoin, based on the Solana blockchain, has climbed 30% in the last three days to $1.57—marking a four-month high. Year-to-date, Fartcoin is up 74.5%, significantly outperforming Bitcoin’s 18% gain in the same period.
The memecoin is trading within a well-formed ascending channel. Its break above the 50-day EMA at $1.06 signals strong bullish momentum. The RSI hovers near 64, leaving room for additional gains before hitting overbought conditions.
If the pattern holds, Fartcoin could reach $2.74 by June, representing an 80% upside.
WIF Bull Pennant Signals Breakout Potential
Dogwifhat (WIF) has gained 27% in three days, currently priced at $1.14. Although still down 38% YTD, WIF is showing signs of catching up.
A bull pennant formation on the chart suggests a potential breakout toward $2.50, a 125% gain. This level aligns with the 0.5 Fibonacci retracement, which has held as resistance since late 2024.
With momentum on its side, WIF could reclaim lost ground in the weeks ahead.
SPX6900 Targets 50% Rally After Breakout
Ethereum-based SPX6900 jumped 35% recently and is now attempting a bullish reversal from early-year losses.
The coin is breaking out from an ascending triangle pattern and may hit $1.34 by June, a 50% increase from current prices. The target also matches its January resistance level, reinforcing its validity.
Popcat’s Cup-and-Handle Pattern Suggests 350% Rally
Popcat (POPCAT) has spiked 30% during the recent BTC rally and reached a new all-time high. Despite underperforming year-to-date, its chart reveals a cup-and-handle formation, a bullish continuation signal.
As of May 22, Popcat is testing a breakout above $0.57, aiming for $2.50—a projected 350% gain if the breakout confirms. The pattern aligns with historical technical setups seen in past memecoin runs.
Memecoin Rally Driven by Retail Frenzy and Technicals
This memecoin surge follows Bitcoin’s latest high of $110,788.98, driven partly by institutional interest and market volatility. The renewed spotlight on high-risk, high-reward assets shows that retail sentiment is heating up again.
According to the Crypto Fear & Greed Index, which stood at 72 on May 22, market sentiment remains in “greed” territory—often a signal of strong speculative appetite.
Final Take: Risk and Reward Go Hand in Hand
While Bitcoin remains the market anchor, memecoins like Fartcoin, WIF, SPX6900, and Popcat offer higher percentage-based upside potential in the current cycle.
Traders should exercise caution, as memecoins are highly volatile, but with technical setups aligning, those looking for quick returns are eyeing this sector closely.
Disclaimer: Includes third-party opinions. No financial advice.
