The memecoin market has experienced another volatile month, with some tokens surging while others plunged to all-time lows. Amid the turbulence, certain projects have managed to stand out—not just for their price movements, but for their resilience, community support, and technical momentum. In this article, we’ll explore the top three memecoins catching serious attention in July 2025: Useless (USELESS), Pudgy Penguins (PENGU), and Pepe (PEPE). These digital assets are showing strong signals that could hint at significant price movements in the coming weeks.
Whether you're a seasoned crypto trader or a curious newcomer, understanding these emerging trends can help you stay ahead in one of the most dynamic corners of the cryptocurrency space.
👉 Discover how to track trending memecoins before they explode
Useless (USELESS) – The Momentum Leader
Useless Coin (USELESS) dominated the memecoin charts in June, delivering an explosive 1,635% price surge and setting new all-time highs almost daily. As of early July 2025, the token reached a fresh ATH near $0.209, capturing the spotlight across social media and trading platforms.
This remarkable rally reflects growing investor confidence and strong buying pressure. Unlike many memecoins that spike and collapse quickly, USELESS has maintained upward momentum without showing clear signs of exhaustion. The Parabolic SAR indicator remains below the price candles on charts, signaling that the bullish trend is likely to continue.
Analysts suggest that if market sentiment stays positive, USELESS could push toward $0.450 in the coming weeks—potentially doubling from its current level. This kind of trajectory would attract even more speculative capital and broader market interest.
However, as with any high-risk asset, volatility cuts both ways. A sudden wave of profit-taking could reverse gains rapidly. If large holders begin offloading their positions, USELESS might retreat to key support levels around $0.066, wiping out recent gains and invalidating the current bullish outlook.
Despite these risks, the combination of strong technicals, rising popularity, and sustained momentum makes USELESS one of the most compelling memecoins to monitor this month.
Pudgy Penguins (PENGU) – A Strong Comeback Story
After a shaky start to June, Pudgy Penguins (PENGU) has staged an impressive recovery. The memecoin surged 62.6% in the past week alone, reaching $0.0137—its highest level in two months.
This rebound highlights PENGU’s resilience and ability to regain investor trust despite earlier setbacks. The price action suggests renewed accumulation by traders who believe in its long-term potential.
One of PENGU’s key advantages is its strong correlation (0.70) with Bitcoin (BTC). As Bitcoin continues its upward trajectory and sets new records, PENGU is well-positioned to benefit from broader market optimism. Historically, when BTC rallies, correlated altcoins like PENGU tend to follow—sometimes with amplified gains.
If Bitcoin maintains its bullish momentum, PENGU could break through resistance at $0.0151** and target **$0.0180 in the near term. This path would mark a full recovery from previous losses and open the door for further upside.
That said, PENGU faces structural risks due to concentration among large holders. Over 47.72% of the supply is held by wallets owning more than $10 worth of tokens. These "whales" can significantly influence price direction with a single sell-off.
A coordinated dump could push PENGU below $0.0129**, potentially retesting support at **$0.0100. Traders should remain cautious and monitor on-chain activity for early warning signs of whale movement.
👉 Learn how to spot whale activity before major price swings
Pepe (PEPE) – Bouncing Back on Ethereum Strength
While many memecoins struggled in June, Pepe (PEPE) faced a particularly tough stretch—down nearly 15% since the start of the month. Yet beneath the surface, signs point to a possible turnaround.
Jon Eyrick, a core contributor to Pepe’s Dog (ZEUS), believes Ethereum-based memecoins like PEPE are poised for growth in July. He notes:
“Memecoins on ETH are gaining more attention due to increasing ETF inflows into Ethereum compared to Bitcoin… Ethereum remains the second-largest project by market cap, and DeFi is the backbone of crypto infrastructure. This provides solid justification for expecting strong price performance from ETH—and by extension, liquidity flowing into major Ethereum-based projects like PEPE.”
This macro-level insight is supported by technical indicators. The MACD recently formed a bullish crossover—the first in over a month—suggesting a shift in momentum. If confirmed, this could fuel a recovery toward key resistance at $0.00001216.
Breaking above this level would be a strong signal of renewed bullish sentiment and could set the stage for further gains in July.
On the downside, failure to hold current levels could lead to deeper losses. A drop below $0.00000917**, followed by **$0.00000839, would reactivate bearish pressure and invalidate the recovery narrative.
Still, PEPE’s deep community roots, cultural relevance, and connection to Ethereum’s ecosystem give it an edge over newer, less-established memecoins.
Frequently Asked Questions (FAQ)
Q: Why are memecoins so volatile?
A: Memecoins often lack intrinsic utility and are driven primarily by social sentiment, speculation, and influencer hype. This makes them highly sensitive to market emotions and sudden shifts in attention.
Q: Is it safe to invest in memecoins like USELESS or PENGU?
A: Memecoins are high-risk investments. While they can deliver massive returns, they can also lose value quickly. Always do your own research and only invest what you can afford to lose.
Q: How does Bitcoin influence other cryptocurrencies like PENGU?
A: Bitcoin often sets the tone for the entire crypto market. When BTC rises, it boosts investor confidence and increases capital flow into altcoins—especially those with high correlation like PENGU.
Q: What tools can help me analyze memecoin trends?
A: Technical analysis platforms like TradingView offer indicators such as MACD and Parabolic SAR to spot trends. On-chain analytics tools can also reveal whale activity and supply distribution.
Q: Can Ethereum's performance really affect PEPE?
A: Yes. Since PEPE is built on the Ethereum blockchain, its value is indirectly tied to ETH’s health. Positive developments like ETF approvals or DeFi growth on Ethereum can boost investor interest in ETH-based tokens.
Q: Where can I trade these memecoins securely?
A: Choose regulated exchanges with strong security measures and high liquidity to minimize slippage and protect your assets.
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Final Thoughts
As we move deeper into July 2025, USELESS, PENGU, and PEPE are emerging as standout players in the memecoin space. Each brings unique strengths—from explosive momentum and technical signals to strong correlations with major assets like Bitcoin and Ethereum.
While opportunities abound, so do risks. Memecoins remain speculative by nature, and price swings can happen rapidly based on social trends or whale activity.
Staying informed, monitoring technical indicators, and using trusted platforms are essential for navigating this fast-moving sector.
Remember: never invest based on hype alone. Conduct thorough research, understand the risks, and make decisions aligned with your financial goals.
Keywords: memecoin, USELESS, PENGU, PEPE, Ethereum, Bitcoin correlation, crypto trading, price prediction