New Meme Coins to Buy Today: dogwifhat (WIF), Pudgy Penguins (PENGU), Meme Index (MEMEX), 888 (888)

Investors are actively reevaluating their portfolios as the anticipated crypto bull run approaches. Amidst this waiting phase, some tokens are experiencing an upsurge in value. Notably, several new meme coins are leading this pack today.

As the highly anticipated crypto bull run approaches, investors are actively reevaluating their portfolios to identify promising opportunities. Amidst this waiting phase, some meme coins have experienced a notable surge in value, leading to a captivating scene in the digital asset market.

Our team at Insidebitcoins has meticulously curated a selection of some relatively new meme coins to buy today. This analysis will delve into each token's use cases, tokenomics, partnerships, and price analysis, providing a comprehensive perspective on their potential.

New Meme Coins to Buy Today

Our top pick for today is Pudgy Penguins, a popular NFT project on Ethereum that recently launched its $PENGU token. Despite facing significant selling pressure—with a 71.65% decline in the past month—technical indicators suggest a potential trend reversal in sight.

The token's price has been fluctuating within a falling wedge pattern, a formation that often signals a breakout. With increasing trading volume, many investors are optimistic about an upcoming price surge as $PENGU approaches key resistance levels.

One of Dogwifhat's biggest advantages is its strong exchange presence. The token is listed on Binance, Bybit, OKX, and BYDFi, ensuring high liquidity and accessibility. This widespread availability makes it easier for traders to engage with $WIF across multiple platforms, increasing its potential for further adoption.

Another strength of Dogwifhat is its community engagement, evident in initiatives like the "dogwifhat of the day" and frequent updates on burning events. This engagement strategy aims to maintain investor interest and enthusiasm, especially during market downturns.

However, recent market activity has shown signs of bearishness. Over the past month, Dogwifhat has experienced a steep decline, with only 8 green days, indicating that it closed higher on just 27% of days. This sustained selling pressure might pose challenges for those considering short-term trades.

If bullish momentum builds up, analysts anticipate that $WIF could break past resistance levels at $1.908 and $2.436. As a relatively low-cap token with strong liquidity, Dogwifhat presents potential opportunities for short-term traders looking to capitalize on its market swings. Whether the falling wedge pattern leads to a breakout or further consolidation remains to be seen, but $WIF continues to attract attention from traders seeking high-risk, high-reward investments.

2. Pudgy Penguins (PENGU)

The Pudgy Penguins NFT project, built on Ethereum, has faced intense selling pressure following the launch of its $PENGU token in December 2024. Over the past 30 days, the token has dropped by 71.65%, reflecting ongoing market challenges. However, technical indicators suggest a possible trend reversal, as the token’s falling wedge pattern hints at a potential bullish comeback.

Currently trading at $0.01293, $PENGU has struggled to regain momentum after a month of declining prices. The token was initially launched on Solana, but plans are to expand compatibility to Ethereum and Igloo’s Abstract Chain, a new Ethereum Layer 2 (L2) network. This cross-chain functionality could enhance $PENGU’s utility and market appeal.

Igloo Inc., the studio behind Pudgy Penguins, recently launched its long-awaited Abstract blockchain network on January 27, 2025. The team has been developing this network since June 2024, after acquiring the on-chain creator platform, Frame. Built on Ethereum’s zero-knowledge (ZK) technology, the Abstract Chain leverages the ZK Stack from ZKsync, offering improved scalability and security. This innovation strength