Next Memecoins to Explode, May 4 – SHIB, FLOKI, DOGE

Highlights:

• The next memecoins to explode could include SHIB, FLOKI, and DOGE, showing signs of recovery and growth.
• Shiba Inu is showing strong support at $0.0000127, with analysts predicting a 200% surge potential.
• FLOKI’s price is stabilizing within an ascending channel, suggesting a possible breakout and further gains.

The crypto market is sailing on a bearish sentiment as most prices trade sideways. The overall market cap and trading volume have declined to $3.31 trillion and $106 billion, respectively. Despite the fluctuations, the fear and greed index stands at 57, indicating a neutral market sentiment. In addition, the memecoin sector has faced the same fate with its market cap and trading volume dropping to $61.46 billion and $6.42 billion, respectively. As the market corrections always offer entry positions, let’s discuss the next memecoins to explode, such as Shiba Inu, FLOKI, and Dogecoin.

Next Memecoins to Explode

1. Shiba Inu (SHIB)

The second-largest memecoin, Shiba Inu, is trading on a bearish note today following the broad market pullback. SHIB has declined by 1.90% in the past 24 hours to trade at $0.0000128. The bearish sentiment has overwhelmed Shiba Inu’s market, as it has declined by 10% over the past 7 days.

According to an analyst on X, Shiba Inu might start a bullish rally soon. Even after major declines, SHIB’s price has typically been supported by $0.0000127. In the past, this situation has caused massive price increases for SHIB, which has rebounded from similar lows. In May 2025, after the price of SHIB fell to $0.00001030, the cryptocurrency regained support at $0.0000127, rising to $0.00001767.

I have a feeling $SHIB is about to pump like crazy next week.

$0.00004 minimum is my target.

If you’re bullish on $SHIB, make sure you’re following so you don’t miss any updates. pic.twitter.com/cURX2x2Ixw

— Whale.Guru (@Whale_Guru) June 2, 2025

The analyst suggests that SHIB could rise by 200% and reach a price target of $0.00004. With $0.000081, SHIB may be on the way to a new explosion and could aim for $0.0001 towards the all-time high. SHIB’s appeal has been demonstrated by its strong past results, so this could make it an option for investors in the coming sessions.

2. FLOKI

The Floki Ecosystem’s FLOKI token has recovered its stability since the sudden correction period in late May. In the past 24 hours, FLOKI went down by 6% and its price now stands at around $0.00008390. During this period, the token traded within a close range from $0.000084 to $0.000089.

Floki Inu has shown a gradual rise in the form of an ascending channel seen on the 4-hour chart. The sharp drop in price was met by support at the channel’s lower limit and it has maintained this trend by creating higher lows afterward. Bulls managed to hold against the latest selloff, which indicated they are still willing to defend the current trend.

Thoughts on #FLOKI:$FLOKI is holding well inside an ascending channel on the 4H timeframe.

After a sharp selloff, $FLOKI found support at the lower boundary of the channel and has since been respecting the structure with higher lows and controlled retracements. The latest dip… pic.twitter.com/WMrpSneXyA

— Alpha Crypto Signal (@alphacryptosign) June 4, 2025

As soon as the price ranges inside the channel, the bullish bias is still in place. An upward tendency could happen as long as the mid-level support is strong. This makes FLOKI a candidate for those watching the next memecoin to explode, as its consistent trend offers good potential for gains.

3. Dogecoin (DOGE)

The largest memecoin, Dogecoin, is trading around $0.191 with a surge of 13% over the past month. However, the bears have the upper hand at the moment as the memecoin declined by 2% and 14% on the weekly and monthly charts, respectively. Moreover, its market cap and trading volume have decreased to $28.78 billion and $868 million, respectively.

The price of Dogecoin is presently testing the mark defined by the 0.618 Fibonacci retracement and the base of a falling wedge pattern. The high potential here is for a reversal, which could result in the price moving beyond the current range. If the price breaks out above the wedge, further growth is likely and there are now several prices where the market may turn.

#DOGE/USDT DAILY OUTLOOK$DOGE is testing the 0.618 Fib retracement and the lower boundary of a falling wedge — high confluence bounce zone!
Reversal signs could spark a breakout move soon

Target 1: $0.22778
Target 2: $0.24431
Target 3: $0.26420

Watch for… pic.twitter.com/U25ZTYJ5W2

— Rose Premium Signals (@VipRoseTr) June 1, 2025

Bulls are aiming to take DOGE to the next key targets at $0.22778, $0.24431, and $0.26420. Once the price tests these levels, investors have to look for confirmation, mainly if it moves beyond the wedge. Should the breakout occur, DOGE emerges to be one of the next memecoins to explode in the market.