The meme coin market showed divergent performance in June, with some tokens skyrocketing while others plunged to historic lows. Among the standouts, Useless Coin (USELESS) delivered staggering gains with remarkable stability.
BeInCrypto's analysis reveals two additional meme coins showing strong growth potential this July - each demonstrating unique catalysts for price appreciation.
Useless (USELESS): The Unstoppable Performer
June Highlights:
- 1635% explosive growth, consistently setting new all-time highs
- Current ATH: $0.209 (as of July 1, 2025)
- Sustained bullish momentum without significant pullbacks
Technical Outlook:
The parabolic SAR indicator suggests continuation of the uptrend. With growing interest in this Solana-based meme coin, price targets include:
👉 Potential breakout to $0.45
- Key resistance: $0.450 (psychological barrier)
- Support levels: $0.066 (critical hold zone)
Risk Factors:
- Profit-taking events could trigger 60%+ retracements
- Requires sustained trading volume above $85M daily
Pudgy Penguins (PENGU): The Bitcoin-Linked Contender
Recent Performance:
- 62.6% rebound in late June
- Current high: $0.0137 (2-month peak)
Market Dynamics:
- 0.70 correlation with Bitcoin's price action
- Benefiting from BTC's historic rally
Price Projections:
- Upside target: $0.0180 if BTC maintains strength
- Resistance levels: $0.0151 (immediate hurdle)
Whale Watch:
- 47.72% holders own >$10 in PENGU
- Large sell orders could test $0.0100 support
Pepe (PEPE): The Ethereum Ecosystem Play
Current Status:
- Down 15% in June
- MACD showing first golden cross this month
Ethereum ETF Effect:
As noted by Pepe's Dog core member Jon Eyrick:
"Ethereum's infrastructure and DeFi dominance position ETH-based meme coins like PEPE for potential liquidity surges following ETF inflows."
Technical Signals:
- Bullish scenario: $0.00001216 breakout
- Bearish risk: Breakdown below $0.00000839
FAQ: Meme Coin Investing in July 2025
Q: Why are meme coins still relevant?
A: They remain crypto's most volatile assets, offering 10x+ return potential during market upswings while serving as sentiment indicators.
Q: How to evaluate meme coin fundamentals?
A: Focus on:
- Community engagement metrics
- Exchange listings/volume
- Developer activity (GitHub commits)
- Protocol upgrades
Q: When should I take profits?
A: Consider partial exits at:
- 2-3x initial investment
- Key resistance levels
- When daily volume drops >40%
Q: What's the safest entry strategy?
A: Dollar-cost average during pullbacks of 15-25%, and always 👉 secure profits gradually.
Q: Are there new meme coin trends emerging?
A: Watch for:
- AI-integrated meme projects
- Cross-chain compatibility
- Utility beyond pure speculation
Q: How much portfolio allocation is prudent?
A: Limit to 5-15% of total crypto exposure due to extreme volatility.
Market data as of July 1, 2025. Always conduct your own research before investing. The crypto market moves fast - set stop losses and take profit orders to manage risk effectively.