Here are the top 5 meme coins to watch in May.

TL; DR

Dogecoin (DOGE) has faced a 15% price drop every week but the rise in non-empty wallets shows potential for survival, indicating increased demand. Shiba Inu (SHIB) and Bonk Inu (BONK) also show signs of awakening; SHIB, fueled by network upgrades and tokenization, and BONK, with a massive price increase, put it among the 5M coins.

Dogecoin (DOGE)

The meme coin sector has recently suffered significant losses, with its market capitalization falling below $50 billion. The largest asset of this type – Dogecoin (DOGE) – is one of the deepest in the red, its price drops by 5% on a 24-hour scale and 15% weekly.

However, trends may change in May, which will result in a new lineup of dog-themed tokens. One reason for such a situation is the increasing number of non-empty DOGE wallets. as a Cryptopotato reportedThose addresses exceeded the 54 million level, which represents an increase of 13.8% in the last three months.

An increase in that measure indicates growing demand. Basic economic principles suggest that the price may head north due to this situation (assuming supply is constant).

The famous X users Ali, Javon Mark and Mikibul Crypto are among the analysts predicting a major bull run for DOGE in the near term. Ali He said he deserved it. The value of the property can reach a milestone of $1 million. The performance of years ago.

Shiba Inu (SHIB)

He revealed himself Dogecoin-killer Meme coin is another one that has experienced significant price searches lately.

However, next month could start off on the right foot due to a number of important factors. One example is the regeneration of a layer-2 screening solution. – Shibarium. The network underwent a major upgrade last week and is it. the host to pass Another on May 2.

SHIB's burning program is increasing.as wellThis caused millions of tokens to be removed from circulation. The ultimate goal of the strategy is to make the meme coin smaller and more valuable. in time.

pepper

The frog-themed property is one of the few in the green on a two-week scale, but it still drops in 7 days. It should be the improved flexibility and growing community base. It is considered When trying to predict the best performance in May.

PEPE soon Thumbs up From several cryptocurrency exchanges, including Coinbasewith him Price Responding Positive after ads. Additional support coming soon It could trigger more rallies.

Dogwhiphat (YF)

This n w The biggest Solana-based Meme Coin and the fourth largest in the state, with a market cap of nearly $2.5 billion.

Cryptocurrencies are exchanged. It is awake Marketing services include with WIF BinanceOKX, Bybit, Bitget, Crypto.com and more.

Additionally, the property has received support from BitMEX co-founder Arthur Hayes, and the community has become increasingly innovative. Soon fans It's up. $650,000 to place the WIF logo on the Sphere, a famous entertainment venue in Las Vegas, Nevada.

BONK

This token recently copied to join Floki Inu (FLOKI). club of High 5 The biggest meme coins. The second is a great asset. Kind of like that Built on the Solana blockchain with a market capitalization of over $1.5 billion.

Bonk is it. Also among the best performers in the crypto market in the Over the past two weeks, the price has risen more than 50% despite a general correction.