Pudgy Penguins has experienced a recent downtrend, falling more than 15% over the past week to trade near $0.0093. Despite this decline, trading activity remains strong, with nearly $280 million in monthly volume, indicating that interest in the meme coin hasn’t diminished.
Crypto journalist Kate Irwin reported that the SEC sued Shima Capital and its founder, Yida Gao, three weeks ago, alleging a scheme to defraud investors. Internal emails show Gao informed portfolio company founders that he plans to step down and begin winding down the fund.
Established in 2021, Shima Capital oversees approximately $200 million in assets and has backed projects such as Berachain, Monad, and Pudgy Penguins.
While this news may have affected $PENGU’s price drop, it is likely only one of several factors influencing the market. The rebound for $PENGU remains uncertain, though the broader market still offers untapped potential for smart traders looking for the best meme coins to buy.
Pudgy Penguins’ Expansion into Retail, Gaming, and Collectibles
Pudgy Penguins has grown far beyond its initial meme coin roots, becoming a recognizable brand across multiple markets. With over two million toys sold, a strong social media following, and partnerships with companies spanning from gaming to collectibles.
Its presence is not limited to the crypto world; collaborations with popular franchises, mobile game achievements, and retail activations have cemented its status as more than just a token.
The team continues to expand its ecosystem through events, cafes, and brand integrations, emphasizing community engagement and long-term visibility. This unique approach sets Pudgy Penguins apart from traditional meme coins.
Pudgy Penguins Price Prediction
Pudgy Penguins is currently trading around $0.01, a critical support zone that has so far prevented further collapse. The token has pulled back significantly from earlier highs, and daily price structure shows lower highs and lower lows, keeping the broader trend under pressure.
If this support holds, it could allow for stabilization and the development of a larger trading range. On the upside, resistance exists near $0.015 and previous breakdown levels closer to $0.02, which must be reclaimed to shift momentum.
Short-term trends remain slightly bearish, with relief bounces failing to sustain without significant volume. Pudgy Penguins price prediction points to a cautious cooling phase, where sideways movement is likely before the next meaningful move.
Top Meme Coins to Buy: Crypto Presales to Watch Alongside Pudgy Penguins
As Pudgy Penguins dips and the broader meme coin market seeks stability, traders are looking for projects showing real momentum rather than fleeting hype.
This is one reason why crypto presales are starting to attract attention as some of the best meme coins to buy at the moment. Below are two new crypto projects currently in presale that could be strong additions alongside Pudgy Penguins ahead of the next potential rally.
Pepenode (PEPENODE)
Pepenode is a mine-to-earn meme coin that introduces a gamified approach to staking through virtual mining. Users can build and upgrade their own virtual mining rigs by purchasing nodes, combining them strategically to boost token yields.
Each node functions as a unique asset with its own properties, allowing for customization and optimization within the platform. Top performers can earn additional bonuses in well-known meme coins like Pepe and Farcoin, adding extra incentives for early participants.
Source – ClayBro YouTube Channel
With only $2.3 million raised so far, the presale phase offers multiple opportunities for growth. Pepenode can be an attractive addition for investors seeking projects to hold or trade alongside established tokens like Pudgy Penguins.
Visit Pepenode
Maxi Doge (MAXI)
Maxi Doge is a meme coin entirely driven by community engagement and online hype, without any significant DeFi utility or complex applications. Its appeal lies in the entertaining and viral content created around it.
Maxi Doge presale raised nearly $4.4 million at a price of $0.00027 per token, with staking APY of up to 70%. While it remains a highly speculative asset, some investors see potential in positioning alongside established projects.
For those exploring new entries in the market, Maxi Doge is often mentioned alongside other options considered among the best meme coins to buy, particularly for short-term momentum and social-driven interest.
Visit Maxi Doge
Conclusion
Beyond Pudgy Penguins, these presales represent some of the best meme coins to buy for investors looking to diversify within the space. By focusing on projects with strong communities, clear roadmaps, and strategic partnerships, traders can position themselves ahead of wider adoption.
Those who balance established projects like Pudgy Penguins with high-potential presales stand to benefit from both stability and the possibility of significant upside. This strategy provides exposure to the meme coin market while helping manage risk effectively.
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