ZEREBRO Tanks as Founder Controversy Unfolds | Meme Coins To Watch Today

Meme Coins To Watch today include ZEREBRO, FARTCOIN, and LOFI, each showing high volatility and unique catalysts. ZEREBRO is down over 22% this week, shaken by the controversy surrounding developer Jeffy Yu and a major $1.27M token dump.

FARTCOIN, once a standout performer, is now correcting sharply and struggling to hold its $1 billion market cap. Meanwhile, LOFI is surging with a 13% daily gain and a 321% rise in the last 30 days, quickly climbing the ranks within the SUI meme coin ecosystem.

Zerebro (ZEREBRO)

• Launch Date – November 2024
• Total Circulating Supply – 999.95 Million ZEREBRO
• Maximum Supply – 1 Billion ZEREBRO
• Fully Diluted Valuation (FDV) – $36.53 million

Zerebro has plunged nearly 22.5% over the past seven days, driven by intense controversy surrounding its developer, Jeffy Yu. According to a thread by Lookonchain posted on X, the situation began on May 4 with the launch of a token called $LLJEFFY, accompanied by a Mirror article from Jeffy referencing it.

Days later, an obituary for Jeffy Yu appeared on Legacy.com, and his personal X account and Zerebro’s official X account were deleted. The situation escalated until Daniele Sesta publicly claimed Jeffy was still alive, presenting evidence. Jeffy later confirmed he had staged a fake death video as a way to “permanently disappear” due to ongoing harassment and online hate.

Adding fuel to the fire, a wallet likely linked to Jeffy Yu sold 35.55 million $ZEREBRO, worth approximately $1.27 million, just 11 hours ago.

ZEREBRO Price Analysis. Source: TradingView.

Technically, ZEREBRO is on the verge of forming a bearish death cross, as its EMA lines approach a downward crossover. If this bearish structure confirms, the token could slide to test support at $0.025, and a breakdown below that may drive it further down to $0.0189.

Conversely, if buyers step in and reverse the trend, ZEREBRO could first retest the $0.041 resistance.

A breakout there would open the path to $0.054 and potentially $0.066, but market sentiment remains fragile amid the surrounding drama, making it one of the most relevant meme coins to watch today.

Fartcoin (FARTCOIN)

• Launch Date – October 2024
• Total Circulating Supply – 999.99 Million FARTCOIN
• Maximum Supply – 1 Billion FARTCOIN
• Fully Diluted Valuation (FDV) – $998.58 Million

FARTCOIN, one of the most talked-about meme coins in recent months, is finally showing signs of a pullback after defying broader market trends several times.

The token is down nearly 11% over the last seven days, including an 8% drop in the past 24 hours alone.

After recently hitting a $1.1 billion market cap, FARTCOIN has been hovering around the critical $1 billion mark—losing and regaining it multiple times in the last few hours.

FARTCOIN Price Analysis. Source: TradingView.

From a technical standpoint, if the current correction deepens, FARTCOIN could fall to test the $0.944 support level. A break below that may open further downside to $0.797 or even $0.717.

On the flip side, a strong bounce and renewed buying interest could send the token back up to $1.06.

If that resistance is cleared, FARTCOIN may aim for $1.20 and potentially $1.28, reigniting the bullish narrative that has driven its rise so far.

LOFI

• Launch Date – December 2024
• Total Circulating Supply – 1 Billion LOFI
• Maximum Supply – 1 Billion LOFI
• Fully Diluted Valuation (FDV) – $33.06 Million

LOFI is currently the third-largest meme coin in the SUI ecosystem, boasting a market cap of $33 million and a 13% gain in the last 24 hours.

It’s also up an impressive 321% over the past 30 days, reflecting strong momentum as the SUI meme coin space heats up.

LOFI Price Analysis. Source: TradingView.

With the top positions in the ecosystem still wide open, LOFI is actively pushing to claim a leadership role.

Technically, if LOFI’s uptrend continues, it could push toward resistance at $0.042, and a successful breakout there may send it further up to $0.0546.

However, if the rally loses steam, the first key support lies at $0.025. A breakdown below that could trigger a deeper correction toward $0.0228.