As February 2026 begins, meme coins are once again attracting the attention of traders. The memecoin sector has gained 4.2% over the past seven days, outperforming much of the broader crypto market. However, this rebound is not uniform. Some of the major meme coins to watch are giving early reversal signals, others are riding on narrative-driven momentum, and some are showing signs of depletion.
BeInCrypto analysts have hand-picked three such meme tokens based on price movements, timing, and early holder positioning.
Dogecoin (DOGE)
After weeks of pressure, Dogecoin entered February with early signs of a shift in momentum. Memecoin rallied nearly 8% from January 25th to January 28th, helping DOGE outperform the broader crypto market in the past 24 hours. Over a 30-day period, Dogecoin has erased most of its losses and is trading sideways.
Sponsored Sponsored
One on-chain metric explains why this rebound is so remarkable.
Dogecoin’s spent coin age band has dropped sharply over the past week. This metric tracks the number of coins transferred between all holder groups and is used to measure sales activity.
On January 26, approximately 158.87 million DOGEs had moved. This number has since fallen to around 62.28 million people, a decline of more than 60%.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
This is important because DOGE price rose while the coin’s activity collapsed. If holders want to sell on a pullback, activity will rise rather than fall. This decrease suggests a conviction.
This graph supports that view. From December 18th to January 25th, Dogecoin recorded lower prices, while RSI formed higher lows. RSI measures the strength of momentum and this discrepancy indicates a bullish divergence.
Simply put, the selling pressure subsided before the price reversed. This sign often indicates a trend reversal when a major level is broken.
For the rally to continue, Dogecoin needs to clear a major resistance level. If the price moves above $0.137 and continues to $0.148, the rebound will remain intact.
Sponsored Sponsored
If the price continues to move above $0.156, the structure will definitely change to a bullish direction. On the downside, if the closing price for the day falls below $0.117, the setting will be invalidated and downside risk may occur again. Regardless of the path, DOGE should be one of the few meme coins to watch heading into February.
Official playing cards (TRUMP)
Among notable meme coins, TRUMP stands out heading into February due to its unusual combination of narrative timing and early technology recovery signals.
The direct catalyst is external. A Melania Trump documentary is scheduled to be released in the coming days, which could increase the profile of Trump-related tokens overall.
Historically, narrative-driven flows have tended to concentrate first on the most socially recognized assets, positioning TRUMP as a potential primary beneficiary should speculation rise.
That interest is already showing up on-chain. In the past 24 hours, Trump Whale increased its holdings by 7.72%. This indicates that the position was secured early rather than being followed up after the event. This accumulation occurred while prices were subdued, suggesting hope.
This graph supports that view. From December 18th to January 25th, TRUMP price made new lows, but the Relative Strength Index (RSI) made higher lows, a typical bullish divergence.
Sponsored Sponsored
Since then, prices have stabilized and started forming short-term indecisive candlesticks, reflecting a tug-of-war between buyers and sellers.
Key levels now clearly define your setup. To sustain the rebound structure, TRUMP must sustain above $4.74. If the price closes below $4.60 for the day, the bullish divergence will be invalidated and downside risks will rise again.
On the upside, a key hurdle lies at $5.68, a level that has been rejected many times historically. A return would require an 18% move, potentially opening room for $6.12.
For now, TRUMP remains a watch rather than a breakout. The whales are positioning early, momentum is improving, and the timing of the February story could determine whether this becomes a reversal or just a failed rally.
Pippin (Pippin)
Among the meme coins to watch for February 2026, Pippin stands out for one reason. That means strength is coming back, but with it comes increased risk.
PIPPIN has risen over 60% in the past 24 hours, erasing most of January’s drawdown and returning its monthly performance to +22%. The move briefly pushed the price back toward recent highs around $0.55, putting the token back on the radar of traders after weeks of weakness.
Sponsored Sponsored
Whale behavior explains some of that rebound. In the past 24 hours, Pippin Whale increased its holdings by 6.88%. This shows confidence that the rally is likely to continue rather than fading soon. This accumulation suggests that large companies are betting that momentum will allow them to overcome short-term technological risks.
However, this chart shows why there is technical risk in February.
PIPPIN has formed a head-and-shoulders structure, with the recent move towards $0.55 forming the right shoulder. At the same time, from January 4th to January 28th, the price is trying to make new highs, while the RSI is forming lower highs. This discrepancy creates a bearish divergence, which is common when a price continues to rise but begins to lose upward momentum.
This does not guarantee a reversal, but it is a warning.
Key level is now important. The bearish setup will weaken sharply if Pippin rises above $0.55. A strong breakout towards $0.72 would completely invalidate the pattern and open a new top.
On the downside, failure to sustain $0.42 could trigger a deeper pullback towards $0.35, with major structural risks only emerging if the price falls towards a distant neckline around $0.17.
In other words, whales are buying strength, not fear. However, February will test whether Pippin continues to rise or becomes exhausted.
