Meme Coins To Watch in July

The meme coin market in July 2025 promises high-stakes drama, with Useless, Pudgy Penguins, and Pepe exemplifying the volatile world of speculative cryptocurrency investments.

The meme coin market presents a complex landscape of opportunity and risk in July 2025, with three cryptocurrencies standing out for their unique market dynamics and potential growth trajectories.

Useless (USELESS)

Useless (USELESS) has emerged as the most spectacular performer, delivering an extraordinary 1,635% surge in June and reaching an all-time high of $0.209. The Solana-based meme coin has defied typical market expectations, showing remarkable resilience and sustained momentum. Technical indicators, particularly the Parabolic SAR positioned below the candlesticks, suggest the upward trend may continue.

Analysts see potential for USELESS to push toward $0.450 in the coming month, driven by growing investor interest and strong market performance. However, the volatile nature of meme coins presents significant risks. A sudden sell-off could dramatically reverse the coin's fortunes, with a potential drop to the support level of $0.066 threatening to erase recent gains.

Pudgy Penguins (PENGU)

Pudgy Penguins (PENGU) tells a different story of recovery and potential. After a challenging start to June, the coin has gained significant traction, rising 62.6% to reach $0.0137 and marking a two-month high. Its most compelling feature is a strong 0.70 correlation with Bitcoin, positioning it to benefit from broader cryptocurrency market movements.

The coin's potential trajectory looks promising, with analysts suggesting it could breach the $0.0151 resistance level and potentially reach $0.0180 in the coming days. However, PENGU faces a unique challenge: over 47.72% of its holdings are concentrated among large investors who could significantly impact the price through coordinated selling.

Pepe (PEPE)

Pepe (PEPE) presents the most nuanced narrative of the three. Having dropped 15% since the beginning of June, the coin appeared to be struggling. However, industry experts like Jon "Jagged" Eyrick offer a more optimistic perspective. He suggests that Ethereum-based meme coins could see a resurgence, particularly given the increased ETF inflows into Ethereum.

Eyrick argues that Ethereum's continued prominence as the second-largest cryptocurrency by market cap, coupled with its robust DeFi infrastructure, creates a solid foundation for potential price appreciation. The MACD indicator's first bullish crossover of the month provides technical support for this optimistic outlook, with potential for PEPE to approach the $0.00001216 resistance level.

Yet, the path is not without risks. If the bullish momentum fails to materialize, PEPE could experience further declines. A fall below $0.00000917 and $0.00000839 would invalidate the bullish thesis and potentially extend the bearish trend.

Bottom Line

The broader context is crucial. These meme coins represent a high-risk, high-reward segment of the cryptocurrency market. While Useless demonstrates explosive growth, Pudgy Penguins shows correlation-driven potential, and Pepe awaits a possible Ethereum-driven recovery, investors must approach with extreme caution.

Technical indicators, market sentiment, and broader cryptocurrency trends will play critical roles in determining these coins' performance. The July 2025 landscape suggests volatility, opportunity, and the need for careful, informed investment strategies.