Key Takeaways
- After a rough Q1, April marked a notable recovery for memecoins, raising hopes of a potential new supercycle heading into May.
- TRUMP surged past $15 and could hit $23 or even $33 if bullish sentiment builds ahead of Trump’s planned meeting with top holders.
- Backed by influential voices like Ansem, HOUSE surged 60% in 24 hours and, if the hype sustains, may rally to $0.50 in May.
- Solana-based BONK broke out of a downtrend and now consolidates; if bullish momentum holds, price could rise to $0.000039.
The year’s first quarter was far from favorable for memecoins, as many of these tokens tumbled to lower valuations. Waning buying pressure and challenging macroeconomic conditions were key in their decline.
However, April has reignited the hype, with several memecoins staging significant comebacks. This momentum has triggered optimism that the memecoin supercycle may be back in motion.
In this analysis, CCN highlights the top three memecoins to watch in May, breaking down why these tokens could offer notable upside, backed by detailed technical insights and market trends.
Official Trump (TRUMP)
TRUMP is top of the memecoins to watch in May, mainly because of its recent performance and an upcoming event scheduled for next month.
TRUMP’s price fell below $7 earlier in the month, marking a 90% correction from its all-time high. But later on, the memecoin’s value surged beyond $15 after reports spread that U.S. President Donald Trump plans to host some of the top holders of the memecoin.
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This event, scheduled for May 22, is one reason the TRUMP memecoin is one to watch. As the data draws near, the cryptocurrency’s demand will likely increase.
If that is the case, then TRUMP’s price might trade higher. From a technical point of view, the daily chart shows that bulls are still in control of the price action.
This was evident from the Bull Bear Power (BBP) position, which is positive. While the Relative Strength Index (RSI) reading has dropped, it is yet to fall below the neutral line.
This indicates that bullish momentum is still present around TRUMP’s price. Going into May, if sentiment around the memecoin remains bullish, TRUMP could breach the resistance at $17.05.
If successful, the market value could rise to $23.21 at the 0.382 Fibonacci level. If buying pressure intensifies, the TRUMP memecoin price could climb to $33.15 near the 0.618 golden pocket ratio.
On the flip side, if the scheduled meeting with the holders becomes a “sell the news” event, this prediction might not pass. In that scenario, TRUMP’s value could drop toward $7.11.
Housecoin (HOUSE)
Housecoin, a token built on the Solana blockchain, is one of the memecoins to watch in May 2025. Earlier today, HOUSE’s market cap briefly broke through the $100 million mark after rising by 60% in the last 24 hours.
Housecoin is on the list because of the number of Key Opinion Leaders (KOLs) pushing the coin. For instance, Ansem, a KOL with over 700,000 followers, drives the buzzing narrative around the memecoin.
On April 25, the analyst posted on X, saying HOUSE’s price could trade higher.
“I’ve not witnessed a stronger community under $10M market cap than Housecoin. It’s an attention economy ball under water. Flip the housing market narrative is ridiculously memeable. Once this sends its boomer news report-worthy. Trillions,” Ansem stated .
At press time, Housecoin is trading at $0.095. However, the 4-hour chart shows that it has the potential to trade higher.
On this chart, the Money Flow Index (MFI) continues to rise, indicating increasing buying pressure. If this trend continues, HOUSE’s price might hit $0.11 in the short term.
In May, this value could be higher if buying pressure increases as HOUSE might climb toward $0.50.
If the hype around Housecoin fades, this might not happen. Should that be the case, Housecoin’s price could decline to $0.068
Bonk (BONK)
This month, BONK, the second most valuable Solana memecoin, has increased by 80%. This price action contradicts how BONK performed between January and March.
By the look of things, BONK’s price is likely to extend this performance into May. According to the daily BONK/USD chart, the rally came after BONK’s price broke out of a descending channel.
The memecoin’s price has been consolidating between $0.000018 and $0.000020. But amid this consolidation, the Moving Average Convergence Divergence (MACD) has remained positive, indicating bullish momentum.
If this trend continues, BONK could climb to $0.000025 in the short term. By next month, the cryptocurrency’s value could inch closer to $0.000039.
Alternatively, if demand for the memecoin fades, BONK might not hit these values. Instead, it could drop below the upper trendline of the descending channel and probably slide below $0.000010.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
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