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Cryptocurrency News Articles
New Meme Coins to Buy Today: Pudgy Penguins (PENGU), AIXBT by Virtuals (AIXBT), Wall Street Pepe (WEPE), and Fwog (SOL) (FWOG)
Dec 18, 2024 at 09:51 pm
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.
Emerging Meme Coins To Buy Today: A Deep Dive Into PENGU, AIXBT, WEPE, FWOG (SOL)
Investors are adjusting their portfolios in anticipation of the crypto bull run. During this waiting period, several tokens are experiencing a surge in value. Notably, meme coins are leading the pack today.
Consequently, Insidebitcoins has curated a selection of some relatively new meme coins to buy today. Our analysis covers their use cases, tokenomics, partnerships, and price analysis. Therefore, readers can be assured of a balanced and comprehensive analysis of each token and their prospects; read on to discover these hidden gems.
New Meme Coins to Buy Today
Our best-performing meme coin today is Pudgy Penguins (PENGU). The token posted an approximate 591% price increase in the last 24 hours alone. Although AIXBT is up 550% in the past month, analysts believe it might trade higher soon due to the exponential growth of its trading activity. Its modest price also gives investors a perfect entry point to buy the token before its price rally begins.
Similarly, Wall Street Pepe ($WEPE) allows investors to participate in a potential meme coin rally. This opportunity is especially advantageous for those who missed previous meme coin booms, like Pepe Unchained. Early investors may join a trend that could drive the token’s value up by nearly 500%.
1. Pudgy Penguins (PENGU)
The NFT project Pudgy Penguins has officially launched its PENGU token, sparking excitement among fans and the broader crypto community. With a total supply of 88,888,888,888 tokens, PENGU debuted on the Solana blockchain and introduced an 88-day claims window for eligible participants. Any unclaimed tokens after this period will be burned, permanently reducing the total supply. The token’s distribution benefits various holder categories, making it accessible to a diverse audience.
Announced on December 5, the PENGU token aims to deepen the connection between the Pudgy Penguins brand and its global fanbase. While the initial launch is on Solana, future updates will enable compatibility with Ethereum and Igloo’s Ethereum Layer 2 Abstract Chain, enhancing its cross-chain utility.
The launch made waves with impressive trading statistics. Within its first hour, PENGU achieved a trading volume of approximately $90 million. Over 24 hours, its price surged by an astounding 870%, hitting an all-time high of $0.05. The token’s market capitalization also soared to $3 billion, earning it a spot among the top 200 cryptocurrencies by market cap.
$PENGU is live on @Binance. pic.twitter.com/qY5uwuT62t
— Pudgy Penguins (@pudgypenguins) December 17, 2024
However, the excitement came with challenges. Shortly after the much-anticipated airdrop on December 17, PENGU’s value dropped over 50%, with its market cap falling from $2.8 billion to below $2 billion. Despite this turbulence, the token rebounded strongly, surging 590.29% in the past 24 hours to trade at $0.03451, showing signs of resilience.
PENGU is now available on several major centralized exchanges, including Binance, Bybit, and OKX. Binance has integrated the token into its ecosystem, offering features such as Binance Simple Earn, Binance Convert, and Binance Auto-Invest. Additionally, PENGU will be available on Binance Futures, with up to 75x leverage on PENGU/USDT Perpetual Contracts. OKX has also added PENGU to its spot trading market, further expanding its reach.
2. aixbt by Virtuals (AIXBT)
AIXBT, a crypto market intelligence platform, is gaining traction for its advanced narrative detection and alpha-focused analysis. By automating the tracking and interpretation of market trends, AIXBT provides token holders with actionable insights, offering them a strategic advantage in the dynamic crypto space. Moreover, integrating various data sources enables users to make informed decisions, reflecting its focus on comprehensive analysis.
Recently, AIXBT has captured attention as a meme coin with serious momentum. The token saw a remarkable 14.16% increase in the past 24 hours, adding to a 33.81% rise over the week and a staggering 549.29% gain over the past month, bringing its price to $0.2734. While still 5.38% below its all-time high, AIXBT’s strong performance highlights growing investor interest.
This momentum aligns with the Virtuals Protocol’s innovative approach, using AI agents as revenue-generating assets in gaming and entertainment. AIXBT supports decentralized co-ownership of these agents, showcasing the token’s unique utility in
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