Meme coins seem to be finding investors even amid short-term market conditions that are wavering. While Bitcoin slipped below $105,000 during the intra-day low, Gigachad managed to post a 17% rise.
BeInCrypto has analysed two more meme coins for investors to watch as May ends.
GIGA has emerged as a top-performing meme coin, rising 17% in the last 24 hours. Currently trading at $0.0259, it is working to secure this local support amid increased market activity.
The continuation of GIGA’s upward movement depends heavily on weekend market trends. Sustained bullish momentum could push the altcoin’s price toward $0.0292 and potentially higher levels.
However, bearish shifts in broader market cues could cause GIGA to break its support level. A fall to $0.0221 would invalidate the current bullish outlook and signal increased selling pressure.
B has emerged as one of the top-performing meme coins this month, surging 1,153% since its launch. Currently, the altcoin trades at $0.396, drawing significant attention from its 36,440 investors eager to capitalize on its rapid growth.
Given its exceptional rise, B is poised for further gains. If bullish momentum continues, attracting more buyers and driving price increases, a new all-time high above $0.465 seems attainable.
While selling pressure appears limited, any profit-taking could push B below its $0.311 support. A drop to $0.118 would invalidate the bullish thesis and signal a potential trend reversal for this meme coin.
PEPECOIN is outperforming many altcoins, rising 9.2% during the last 24 hours, currently trading at $0.403. Despite recent gains, the altcoin trades cautiously as investors watch for sustained momentum.
Earlier this month, PEPECOIN suffered a 39% loss, followed by a 19% drop in four days. Securing $0.408 as support could help the meme coin climb to $0.460, regaining much of its recent decline.
However, if bearish pressure intensifies, PEPECOIN might fail to surpass $0.403. This could lead to consolidation between $0.351 and $0.367, undermining the current bullish outlook.
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