Ethereum has started what many experts describe as a “recovery rally” after pumping approximately 7% on Wednesday to reclaim the important $2,000 threshold.
The altcoin leader was initially stuck in a consolidation phase between $1,810 and $1,950 for days due to the uncertainty in the broader market.
However, following an announcement by Ethereum Foundation that the much-awaited Pectra upgrade will arrive on the new Hoodi testnet by March 27, the altcoin leader began to form a bullish divergence on the daily timeframe. Other factors like increasing whale accumulation, institutional moves, and technical breakouts also contributed to ETH’s relief rally above $2,000.
Can ETH sustain this momentum? A recent chart shared by Crypto Santa—a prominent crypto analyst—indicates yes. The chart suggests the ETH price action is following a structure similar to its 2019-2020 cycle, which resulted in nearly 2,500% rally at that time.
And considering the fact that any noticeable bullish move for ETH often translates into much upward momentum for altcoins, especially meme coins, now may be the perfect time for degen investors to start researching the best tokens to buy now.
Best Meme Coins To Buy Now
BTC Bull
Multiple factors contribute to BTC Bull’s addition to our list of the best meme coins to buy now. First, being a meme coin built on Ethereum, it is in a more favorable position to benefit from ETH’s growing strength. Historically, meme coins based on the ecosystem mostly mirror the price trajectory of ETH.
And that explains why the likes of Pepe, SPX6900, and several other meme coins in that category returned to the green following ETH’s recovery rally above $2,000. BTC Bull—being a low-cap Ethereum meme coin—is already being considered by many smart investors as the next beta play on ETH, and that’s one of the reasons it has been in high demand since landing on presale, raising close to $4 million to date.
Meanwhile, beyond its status as an ETH meme coin, BTC Bull also enriches its growth potential by tying its internal mechanics to the biggest brand in crypto—Bitcoin. Its major goal is to form a strong community that will lead BTC to greatness. Not only does this distinguish it from other meme coins, it also allows it to directly tap into the massive growth potential of Bitcoin.
The project, according to its roadmap, plans to initiate free BTC airdrops and token burns as Bitcoin surges to new heights. This simply means token holders will be savoring free BTC airdrops while also benefiting from the potential price appreciation that the token burn events bring.
However, with Bitcoin still far away from each of the milestones specified in BTC Bull’s roadmap, investors can dive into staking—which currently offers an APY reward rate of 110%. The project has already caught the eye of several market analysts, including Nass Crypto who described it as the next 100x play.
Pepe
As soon as ETH rebounded above $2,000, Pepe led other Ethereum meme coins to stage a comeback. At the time of writing, the largest ETH meme coin by market cap is trading in the green, up by almost 8% in the last 24 hours to trade around $0.0000073.
More so, Pepe’s open interest (OI)—covering the cumulative value of all outstanding PEPE futures contracts across crypto exchanges—surged 4% to $219 million over the past day, according to Coinglass data. As the OI continues to rise, Pepe could continue its recovery trend, retesting previous highs at $0.0000080, $0.0000082, and $0.0000085.
Technical indicators also support the continuation of the bullish trend, with the MACD line suggesting reduced selling pressure. If market conditions remain favorable and ETH sustains its bullish momentum, Pepe may see increased adoption that will fuel further price gains.
And that’s why many experts consider the “Pepe the Frog” token as one of the best meme coin plays for ETH’s rally. If history continues to repeat itself, any bullish breakout for ETH will drive the Pepe price to a significant rally.
While brief volatile moments are expected along the way, current market sentiment indicates continued growth for Pepe, making it an interesting option for investors.
MIND of Pepe
The renewed interest in Ethereum has brought more eyes to low-cap meme coins like MIND of Pepe. What distinguishes this project from most meme coins is its practical utility as it integrates the powerful fundamentals of AI into a Pepe-like character.
The major goal is to come up with a self-autonomous AI agent that can deliver real-time insights, premium signals, and strategic recommendations without losing its meme coin appeal. The crypto market is growing increasingly volatile, making it very difficult for investors to spot new opportunities.
MIND of Pepe tackles this challenge head-on by leveraging the powers of advanced AI to gather data from multiple sources, analyze it, and turn it into valuable signals so that early investors can make informed trading decisions.
Likewise, the AI agent will be able to spot trends, predict which tokens could see parabolic growth, and identify the next big crypto narrative. Token deployment, staking, and creation modules are also part of the features strengthening the utility-centric focus of MIND of Pepe.
However, “holder-exclusive alpha calls” is the term being used in its “Techmap” to describe its major utility. This simply means every insight that the Ethereum-based AI agent provides will be accessible to MIND holders alone. With close to $7.5 million already raised in its presale, analysts are beginning to see big potential in MIND and have listed it among the best meme coins to buy now for explosive returns this year.
Meme Index
Another meme coin that could probably benefit from Ethereum’s growing bullish strength is Meme Index. However, the core of this particular meme coin does not exclusively lie with its memes, but how it completely streamlines the process of meme coin diversification.
The basic idea is to provide the world’s first decentralized meme coin index so that investors can invest in multiple meme coins based on their risk tolerance. There will be four meme coin indices with varying levels of volatility, and by picking one of them, investors will gain exposure to a basket of suitable meme coins without having to engage in multiple transactions.
On the top is the Titan Index, which features leading meme coins like Dogecoin, Pepe, Shiba Inu, and Dogwifhat, making it the least volatile option. Next comes the Moonshot Index, which contains meme coins with vibrant communities but still below the $1 billion market cap benchmark. The Midcap Index covers slightly more volatile meme coins, while the Frenzy Index is where investors will find highest-risk, highest-reward plays.
Apart from enjoying exclusive access to these indices, MEMEX holders will also be able to determine which tokens can be included or removed from time to time. Staking is another reason why most degen investors are bullish on this token.
The project has already raised upwards of $4 million in its presale. With just less than 12 days to the end of its ICO, Meme Index continues to show immense potential, with some experts predicting between 10x and 50x listing pump.
SPX6900
SPX6900, like Pepe, bounced back strongly after ETH’s breakout above $2,000, surging 28% to $0.43 on the daily timeframe. While this massive pump didn’t push the meme coin beyond the $432 million market cap, data from CoinmarketCap indicates that the community remains very bullish.
SPX6900 is expected to test key resistance levels at $0.5, $0.7, and $0.9 to establish a prolonged bullish trend. Its RSI currently shows a major wave in purchases, fluctuating between 50-55. Analysts see this as a signal of a strong bullish momentum, suggesting that more upward action could be on the pipeline should buyers persist.
Another notable factor that could help SPX6900 sustain its bullish frenzy is the continuation of Ethereum’s recovery rally—which is most likely considering the growing possibility of the Fed keeping the rates steady at today’s meeting.
Not only will this development reinforce ETH’s bullish strength, but it will also set the stage for increased buying momentum for meme coins within the ecosystem. And as the demand for ETH meme coins continues to grow, SPX6900 looks well-positioned to benefit greatly, making it a high-potential project for those seeking short-term returns.
Bottom Line
Historical trends have shown that a strong bullish reversal for ETH often ignites a substantial upward momentum for meme coins. And now that the altcoin leader is gradually showing signs of recovery—as evident in its rebound above $2,000—it is time to find the best meme coins to invest in.
In this article, we have already listed meme assets that are worth considering for outsized returns.
