New Meme Coins to Watch: Pudgy Penguins, Cheems, and Slerf Show Significant Value Growth

Several crypto investors view meme coins skeptically. This skepticism stems from their volatile nature and perceived lack of utility. Despite this, some new meme coins have achieved widespread recognition, drawing significant attention to the crypto market.

Several crypto investors view meme coins skeptically. This skepticism stems from their volatile nature and perceived lack of utility. Despite this, some new meme coins have achieved widespread recognition, drawing significant attention to the crypto market.

This review explores a curated list of relatively new meme coins, focusing on their use cases, tokenomics, collaborations, and price movements. By offering a well-rounded and thorough analysis, this guide helps readers understand these tokens and their future potential. Continue reading to uncover these promising gems.

New Meme Coins to Watch

Pudgy Penguins, Cheems, and Slerf are showing significant value growth. Savvy investors accumulate meme coins to secure substantial returns by next year. Meanwhile, Best Wallet Token is quickly capturing attention, with its presale raising almost $8.3 million so far. Participants can earn points by completing daily and seasonal quests, which are then converted into $BEST tokens.

1. Pudgy Penguins (PENGU)

Pudgy Penguins has officially introduced its PENGU token, creating excitement among its fans and the broader crypto community. With a total supply of 88,888,888,888 tokens, PENGU launched on the Solana blockchain, accompanied by an 88-day claims window for eligible participants. Any unclaimed tokens after this period will be burned, reducing the supply permanently. The distribution’s design benefits a variety of holders, ensuring accessibility to a broad audience.  

The PENGU token announced on 5 December, aims to strengthen the connection between the Pudgy Penguins brand and its global fanbase. Initially launched on Solana, the token will eventually become compatible with Ethereum and Igloo’s Ethereum Layer 2 Abstract Chain. This added cross-chain functionality will boost its utility and appeal.  

The launch has already had a significant impact. PENGU recorded a trading volume of around $90 million in its first hour. Over the next 24 hours, its price surged by 870%, reaching an all-time high of $0.05. Its market capitalization also climbed to an impressive $3 billion, earning PENGU a place among the top 200 cryptocurrencies by market cap.  

Pengu isn’t just a memecoin. It is a culture coin reshaping consumer crypto.

Here is why $Pengu is positioned to dominate mindshare this year.

🧵 pic.twitter.com/Wouz44ikBI

— Delphi Digital (@Delphi_Digital) January 25, 2025

However, the launch wasn’t without challenges. Following the highly anticipated airdrop on December 17, PENGU’s value dropped by over 50%, with its market cap falling from $2.8 billion to below $2 billion. Despite this setback, the token showed resilience, rebounding with a 590.29% increase over the past 24 hours to trade at $0.03451. This recovery suggests strong investor interest and market confidence.  

PENGU trades on major centralized exchanges, including Binance, Bybit, and OKX. Binance has integrated the token into its ecosystem, offering features like Binance Simple Earn, Binance Convert, and Binance Auto-Invest. Additionally, Binance Futures supports PENGU/USDT Perpetual Contracts with up to 75x leverage. OKX has also added PENGU to its spot trading market, expanding its accessibility to a broader audience.  

2. Cheems (cheems.pet) (CHEEMS)

CHEEMS, a token built on Solana, has been gaining attention for its community-driven mission and focus on philanthropy. By combining the power of cryptocurrency with charitable initiatives, CHEEMS is carving out a unique space in the crypto world. Alongside its philanthropic goals, the project is creating a platform for shopping, gaming, and Web3 experiences.  

One of the most exciting features of CHEEMS is the Cheems Arena. This Free-to-Play and Play-to-Earn card game offers a fresh twist on traditional card games. It emphasizes trading strategies and competitive battles, allowing players to enjoy the game and earn rewards. Participants can also trade in-game assets, adding a layer of value and engagement.  

The Cheemsverse platform further enhances the experience by offering users a vibrant ecosystem filled with gaming opportunities. Users can collect NFTs, earn free CHEEMS tokens, and participate in DAO governance to influence essential community decisions. These features make CHEEMS more than just a token; it’s a complete interactive ecosystem for its users.  

Earlier this year, Elon Musk brought significant attention to CHEEMS with a tweet that triggered a 90% price surge, introducing the token to a broader audience. Now, CHEEMS is readily available on decentralized exchanges such as Raydium, Orca, and Jupiter, making it easier for users to trade and invest.  

As of now, CHEEMS is trading at $0.000008456.