Solana’s $PENGU Meme Coin Overtakes Optimism in Market Cap – Are Meme Coins Back?
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Last night, Solana’s hottest new meme coin, Pudgy Penguins ($PENGU), surged forward 7% and hit a market cap of $2.85 billion.
This means the newcomer meme coin has flipped Ethereum Layer 2 protocol Optimisim ($OP) to be the fifty-eighth largest cryptocurrency by market capitalization and the fourth largest meme coin.
In fact, according to DappRadar’s stats for the last 24 hours, Pudgy Penguins is currently the biggest NFT project in the world with a hefty 24-hour trading volume of $4.36 million.
As we can see since Pudgy Penguins began listing last month, the price has gone consistently higher, as shown by the red line, while the green line highlighting support levels has rallied in step.
In general, meme coins are recovering from a sell-off after Bitcoin’s price sank below $100k on December 19.
Today, Pudgy Penguins has finally climbed back above the psychologically significant threshold, lifting the broader market along with it.
However, a correction seems imminent for Pudgy Penguins.
The token’s price, which had been diverging from its 30-day moving average earlier today, is now aligning back with it.
Meanwhile, $PENGU’s relative strength index (RSI) stands at 55 and is declining, signaling a growing sell-off as investors cash in on recent gains.
As $PENGU Blasts Into Top 100 Meme Coins, Wall Street Pepe Raises an Eye-Popping $42.5 Million
Pengu isn’t the only new-age meme coin turning heads at the start of 2025. Wall Street Pepe ($WEPE) has captivated investors, amassing an incredible $42.5 million during its presale, which could conclude as early as February.
The presale’s success follows in the footsteps of Pepe Unchained, another massively popular Pepe-themed ICO that raised $74 million and delivered 5x returns upon launch.
What sets $WEPE apart is its mission to democratize wealth, a vision rooted in the core ethos of cryptocurrency. This is not merely a speculative meme coin – $WEPE equips its holders with exclusive trading insights and alpha calls, empowering them to transition from casual traders to savvy market players.
Priced at $0.00036642, $WEPE is moving rapidly, with the next price stage just hours away. As the largest presale spanning 2024 and 2025, it’s drawing comparisons to Dogecoin’s “Doge Army” for its fiercely loyal “$WEPE Army.”
This community, now boasting 45,000 followers across X and Telegram, is set to challenge whales by making the best trading strategies accessible to all.
Bulls cheering. Bears trembling. Excellent.
— Wall Street Pepe (@WEPEToken) January 6, 2025pic.twitter.com/xe36w1GnR5
With influencers like Cilinix Crypto predicting a potential 10x return, Wall Street Pepe is redefining the meme coin narrative.
Join the $WEPE Army today by purchasing $WEPE via ETH, USDT, or bank card, and connect with its growing community on X and Telegram.
The post Solana’s $PENGU Meme Coin Overtakes Optimism in Market Cap – Are Meme Coins Back? appeared first on Cryptonews.
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Solana’s $PENGU Meme Coin Overtakes Optimism in Market Cap – Are Meme Coins Back?
Поделиться:
Last night, Solana’s hottest new meme coin, Pudgy Penguins ($PENGU), surged forward 7% and hit a market cap of $2.85 billion.
This means the newcomer meme coin has flipped Ethereum Layer 2 protocol Optimisim ($OP) to be the fifty-eighth largest cryptocurrency by market capitalization and the fourth largest meme coin.
In fact, according to DappRadar’s stats for the last 24 hours, Pudgy Penguins is currently the biggest NFT project in the world with a hefty 24-hour trading volume of $4.36 million.
As we can see since Pudgy Penguins began listing last month, the price has gone consistently higher, as shown by the red line, while the green line highlighting support levels has rallied in step.
In general, meme coins are recovering from a sell-off after Bitcoin’s price sank below $100k on December 19.
Today, Pudgy Penguins has finally climbed back above the psychologically significant threshold, lifting the broader market along with it.
However, a correction seems imminent for Pudgy Penguins.
The token’s price, which had been diverging from its 30-day moving average earlier today, is now aligning back with it.
Meanwhile, $PENGU’s relative strength index (RSI) stands at 55 and is declining, signaling a growing sell-off as investors cash in on recent gains.
As $PENGU Blasts Into Top 100 Meme Coins, Wall Street Pepe Raises an Eye-Popping $42.5 Million
Pengu isn’t the only new-age meme coin turning heads at the start of 2025. Wall Street Pepe ($WEPE) has captivated investors, amassing an incredible $42.5 million during its presale, which could conclude as early as February.
The presale’s success follows in the footsteps of Pepe Unchained, another massively popular Pepe-themed ICO that raised $74 million and delivered 5x returns upon launch.
What sets $WEPE apart is its mission to democratize wealth, a vision rooted in the core ethos of cryptocurrency. This is not merely a speculative meme coin – $WEPE equips its holders with exclusive trading insights and alpha calls, empowering them to transition from casual traders to savvy market players.
Priced at $0.00036642, $WEPE is moving rapidly, with the next price stage just hours away. As the largest presale spanning 2024 and 2025, it’s drawing comparisons to Dogecoin’s “Doge Army” for its fiercely loyal “$WEPE Army.”
This community, now boasting 45,000 followers across X and Telegram, is set to challenge whales by making the best trading strategies accessible to all.
Bulls cheering. Bears trembling. Excellent.
— Wall Street Pepe (@WEPEToken) January 6, 2025
With influencers like Cilinix Crypto predicting a potential 10x return, Wall Street Pepe is redefining the meme coin narrative.
Join the $WEPE Army today by purchasing $WEPE via ETH, USDT, or bank card, and connect with its growing community on X and Telegram.
The post Solana’s $PENGU Meme Coin Overtakes Optimism in Market Cap – Are Meme Coins Back? appeared first on Cryptonews.
В этой новости
Монеты
$ 87.41K
-0.69%$ 2.95K
+0.27%$ 0.99957
-0.02%$ 0.0161
+0.64%$ 0.152
+0.37%Поделиться:
В этой новости
Монеты
$ 87.41K
-0.69%$ 2.95K
+0.27%$ 0.99957
-0.02%$ 0.0161
+0.64%$ 0.152
+0.37%Поделиться:
Читать больше
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