Final evening, Solana’s hottest new meme coin, Pudgy Penguins ($PENGU), surged ahead 7% and hit a market cap of $2.85 billion.
This implies the newcomer meme coin has flipped Ethereum Layer 2 protocol Optimisim ($OP) to be the fifty-eighth largest cryptocurrency by market capitalization and the fourth largest meme coin.
Actually, in keeping with DappRadar’s stats for the final 24 hours, Pudgy Penguins is at the moment the most important NFT challenge on the planet with a hefty 24-hour buying and selling quantity of $4.36 million.
As we are able to see since Pudgy Penguins started itemizing final month, the value has gone constantly larger, as proven by the crimson line, whereas the inexperienced line highlighting help ranges has rallied in step.
Generally, meme cash are recovering from a sell-off after Bitcoin’s value sank beneath $100k on December 19.
At the moment, Pudgy Penguins has lastly climbed again above the psychologically important threshold, lifting the broader market together with it.
Nevertheless, a correction appears imminent for Pudgy Penguins.
The token’s value, which had been diverging from its 30-day transferring common earlier at the moment, is now aligning again with it.
In the meantime, $PENGU’s relative energy index (RSI) stands at 55 and is declining, signaling a rising sell-off as traders money in on latest positive factors.
As $PENGU Blasts Into Prime 100 Meme Cash, Wall Road Pepe Raises an Eye-Popping $42.5 Million
Pengu isn’t the one new-age meme coin turning heads at the beginning of 2025. Wall Road Pepe ($WEPE) has captivated traders, amassing an unimaginable $42.5 million throughout its presale, which may conclude as early as February.
The presale’s success follows within the footsteps of Pepe Unchained, one other massively in style Pepe-themed ICO that raised $74 million and delivered 5x returns upon launch.
What units $WEPE aside is its mission to democratize wealth, a imaginative and prescient rooted within the core ethos of cryptocurrency. This isn’t merely a speculative meme coin – $WEPE equips its holders with unique buying and selling insights and alpha calls, empowering them to transition from informal merchants to savvy market gamers.
Priced at $0.00036642, $WEPE is transferring quickly, with the subsequent value stage simply hours away. As the biggest presale spanning 2024 and 2025, it’s drawing comparisons to Dogecoin’s “Doge Military” for its fiercely loyal “$WEPE Military.”
This neighborhood, now boasting 45,000 followers throughout X and Telegram, is ready to problem whales by making the perfect buying and selling methods accessible to all.
Bulls cheering. Bears trembling. Glorious.
pic.twitter.com/xe36w1GnR5
— Wall Road Pepe (@WEPEToken) January 6, 2025
With influencers like Cilinix Crypto predicting a possible 10x return, Wall Road Pepe is redefining the meme coin narrative.
Be a part of the $WEPE Military at the moment by buying $WEPE through ETH, USDT, or financial institution card, and join with its rising neighborhood on X and Telegram.
The publish Solana’s $PENGU Meme Coin Overtakes Optimism in Market Cap – Are Meme Cash Again? appeared first on Cryptonews.
