February is marching into the market with a fizzy hat and a wink, as meme coins prance back with more mischief than a roomful of giggling goblins. Fresh launches, roaring communities, and price action that tugs the whiskers of sanity are tossing certain tokens into the spotlight. BeInCrypto has looked at three such meme coins for curious investors to watch during the first week of February.
Buttcoin (BUTTCOIN)
BUTTCOIN scampered into the top ranks like a cheeky acrobat, drawing a crowd of speculators who can’t seem to sit still. The freshly minted token has already gathered more than 10,000 holders. At the moment of writing, BUTTCOIN is dancing around $0.0213, a price that shouts rapid adoption and a crowd that won’t stop giggling.
The cheeky rascal surged 259% over the past seven days, snatching a new all-time high at $0.0292. Price discovery is still waking up, and the technical resistance is practically dreaming. This momentum is prancing onward, as momentum-driven traders often push prices higher during the early growth spurt.
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Downside risk centers on profit-taking mischief. Early investors may decide to tuck away gains after the splendid rally. If selling pressure increases, BUTTCOIN could slip below the $0.0187 support. A deeper pullback toward $0.0125 would pop the bullish bubble and reveal momentum exhaustion.
The White Whale (WHITEWHALE)
WHITEWHALE has surfaced as a leading small-cap meme, cresting 114% higher over the past week despite a splash of controversy. The token is cruising in a tidy range between $0.099 and $0.070, a brief pause that follows a storm of speculative inflows.
The consolidation may be a reset rather than a retreat. The Money Flow Index remains elevated, suggesting buying gusto is still in the air. If demand stays hungry, WHITEWHALE could burst above $0.099.
A confirmed breakout would open a path toward $0.123 and maybe even higher wavelengths.
Downside risk lingers if sentiment shifts. If buying pressure fades and selling accelerates, WHITEWHALE could plummet below the $0.070 anchor. A breakdown would expose lower harbors near $0.048 or even $0.038. Such a move would spoil the bullish fairytale and extend the correction.
EGL1 (EGL1)
EGL1 has been tiptoeing upward for the past three weeks, hovering near $0.044 as we speak. The meme coin enjoys the company of more than 55,000 holders, a cheering crowd that keeps demand alive and kicking, reinforcing EGL1’s upward march.
Trend indicators favor further upside. The Parabolic SAR sits below the price, cheerfully confirming the ongoing uptrend. If buying pressure holds, EGL1 could nudge toward the $0.053 mark in the near term.
Caution is warranted despite the merry structure. An ascending wedge is forming on the chart, a sly pattern often tied to reversals. If EGL1 breaks below the $0.038 support, selling pressure may accelerate. A drop toward $0.030 would confirm the bearish twist and spoil the bullish dream.
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2026-02-02 17:41