As Bitcoin’s recent momentum shows signs of fading, a new wave of meme coin mania is lighting up the crypto market. Leading the charge are TRUMP, Brett, and Solayer (LAYER), which have posted impressive gains this week—even as BTC takes a breather from its explosive rally toward the $100,000 mark.
TRUMP Token Rallies on Presidential Hype
The Official Trump meme coin surged this week following news of an exclusive dinner event with President Trump. Scheduled for May 22 at the Trump National Club in Washington, DC, the dinner will host the top 220 TRUMP token holders—a marketing move that sent the coin soaring to a high of $16.17. Although the price has since cooled due to profit-taking, TRUMP remains in focus. Technical indicators suggest a short-term pullback could continue, with support forming near $10.50.
Also read: Crypto Crowdfunding Breaks Barriers: Medical Journal Uses Bitcoin Cash to Unlock Scientific Research
Brett Bulls Cool Off After 150% Moonshot
Brett, another community-driven meme coin, has been on fire since early April, climbing nearly 150% from lows of $0.0235 to Wednesday’s peak at $0.0574. However, momentum has begun to wane, and the coin is now consolidating near $0.050. Traders are watching closely to see if bulls can reclaim the 200 EMA at $0.0524, which could open the door for a run toward the February high of $0.0642.
Solayer Enters Price Discovery Mode
Solayer (LAYER) continues its steady ascent, bucking broader market jitters to hit a fresh all-time high of $2.29. The coin has remained resilient, supported by strong technical structure and investor confidence. With the RSI still shy of overbought levels, LAYER appears to have more room to run. As the token explores uncharted territory, traders are eyeing the trendline and volume spikes for the next breakout move.
Why Meme Coins Are Shining
While Bitcoin’s pullback may signal healthy consolidation, meme coins are thriving on community engagement, strategic announcements, and speculative interest. With TRUMP riding political hype, Brett fueled by grassroots momentum, and Solayer in full-on price discovery, these tokens are proving that in crypto, narrative can be just as powerful as fundamentals.
