Meme Coins Market Analysis: ARC and AI16Z Attempt Recoveries, While WOJAK and PENGU Consolidate

ve seen mixed performances recently, with some tokens rallying while others continue to struggle. WOJAK and PENGU are attempting to regain momentum, while SPX6900 remains in a sharp correction, trading below $1 for two weeks.

Meme coin prices have been mixed recently, with some tokens rallying and others continuing to struggle.

Meme coin prices have been mixed recently, with some tokens rallying and others continuing to struggle. WOJAK and PENGU attempted to regain momentum, while SPX6900 remained in a sharp correction, trading below $1 for two weeks.

Meanwhile, AI-focused projects like ARC and AI16Z showed signs of recovery, benefiting from renewed interest in crypto AI agents. With key resistance and support levels in focus, these tokens were among the most notable in the market this week.

AI Rig Complex (ARC)

ARC is a Solana-based AI token that was originally launched on Pumpfun. Its key product innovation is the Rig Framework, a system designed to create and manage lightweight crypto AI agents.

The token surged 72% in the past seven days as interest in crypto AI agents attempted a rebound. This renewed attention brought strong buying pressure, pushing ARC’s price higher. If momentum continues, further gains could follow as demand for AI-powered blockchain solutions increases.

ARC could soon test the $0.31 resistance, and a breakout could drive it toward $0.44. If bullish strength remains, the token may even climb to $0.63, its highest level since late January. However, failure to sustain momentum could lead to a pullback, putting recent gains at risk.

Wojak (WOJAK)

WOJAK was one of the best-performing meme coins in the past week, gaining nearly 25% in seven days. Following this rally, its EMA lines began to converge, which could indicate a shift in trend. If the uptrend reverses into a downtrend, WOJAK may test the $0.24 support, and if that level fails, it could drop as low as $0.138.

This would signal weakening momentum and a potential correction.

If WOJAK can maintain its bullish momentum, it could push toward the $0.318 resistance. A breakout above that level could lead to further gains, with targets at $0.44 and possibly $0.63 if the uptrend remains strong.

This would mark its highest price since late January.

SPX6900

SPX6900 has been in a sharp correction, dropping 48% over the last 30 days, similar to many other meme coins. Its price has remained below $1 for two weeks, and its EMA lines show a bearish outlook, with short-term lines below long-term ones.

Despite the downturn, SPX6900 remained the seventh-largest meme coin by market cap, currently valued at $668 million. This indicates that, while struggling, it still holds a strong position in the meme coin sector.

If SPX6900 regains momentum, it could rise to test the $0.80 resistance, with further targets at $0.97 and $1.38 if the uptrend strengthens.

However, if the downtrend continues, it could drop to $0.64, and if that support fails, a decline to $0.54 may follow. The coming days will determine whether SPX6900 can stabilize or extend its losses.

AI16Z

AI16Z is one of the most notable crypto AI agent coins, gaining over 13% in the past seven days as it attempts to recover from a steep 66% decline in the last 30 days. Despite the short-term bounce, it remains in a downtrend, struggling to regain lost momentum.

Its market cap currently stands at $438 million, but its EMA lines suggest the trend is still bearish. If the downtrend persists, AI16Z could test the $0.26 support, putting further pressure on its price. A failure to hold this level could signal more downside for the token.

If the crypto AI agent narrative regains the hype from previous months, AI16Z could test the $0.47 resistance. A breakout could push it toward $0.62 and $0.92, and if momentum strengthens, the token may rise above $1 for the first time since January 23, possibly reaching $1.26.

Pudgy Penguins (PENGU)

PENGU is currently trading at all-time lows after previously becoming the biggest meme coin on Solana. Its market cap has now dropped to $617 million. Despite this decline, it remains one of the most recognized assets in Solana’s meme ecosystem.

Pudgy Penguins is one of the most well-known NFT brands, and if meme coins see a strong resurgence, PENGU could regain momentum.

A breakout could first test the resistance levels at $0.0126 and $0.017, which