{"id":162853,"date":"2025-07-17T01:30:21","date_gmt":"2025-07-16T22:30:21","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=162853"},"modified":"2025-07-17T01:30:21","modified_gmt":"2025-07-16T22:30:21","slug":"pengu-doubles-in-a-week-as-new-solana-presale-is-tipped-as-the-best-meme-coin-to-buy","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/pengu-doubles-in-a-week-as-new-solana-presale-is-tipped-as-the-best-meme-coin-to-buy\/","title":{"rendered":"PENGU Doubles in a Week as New Solana Presale is Tipped as the Best Meme Coin to Buy"},"content":{"rendered":"

Pudgy Penguins (PENGU) just pulled off something spectacular \u2013 shooting up 124% in seven days to hit $0.033. PENGU now boasts a market cap of over $2.1 billion, plus it has overtaken DOGE to become the most traded meme coin globally.<\/p>\n

But while PENGU\u2019s having its moment, there\u2019s a newer token \u2013 Snorter<\/a> \u2013 which is raising millions in its presale. Some early investors even believe it\u2019s the best meme coin to buy right now.<\/p>\n

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What\u2019s Behind Pudgy Penguins\u2019 Explosive Rally?<\/h2>\n

Earlier today, the Pudgy Penguins team announced that they\u2019re partnering<\/a> with Suplay, one of the largest collectible companies in China. There\u2019s no information yet on what the partnership will entail, but PENGU holders are speculating that it could bring physical collectible drops tied to token rewards.<\/p>\n

The market\u2019s reaction was immediate. PENGU spiked 21% after the news broke, Google search volume ticked up, and social media chatter exploded. But that\u2019s just one reason for the bullishness. Another is Canary Capital\u2019s filing for a spot PENGU ETF that the SEC acknowledged last week.<\/p>\n

\"PENGU<\/p>\n

This ETF would hold 80-95% PENGU tokens alongside 5-15% NFTs, essentially creating a hybrid fund that combines meme coins with collectibles.<\/p>\n

Crypto whales are excited about this fund. Data from Nansen<\/a> shows addresses holding over $1 million worth of PENGU have been quietly increasing their positions in the past month. Even Binance and Coinbase got in on the hype \u2013 temporarily switching their profile pics to Pudgy avatars.<\/p>\n

Bitcoin\u2019s New All-Time High Lifts the Meme Coin Sector<\/h2>\n

PENGU isn\u2019t rocketing on its own. The entire meme coin space has been on fire this week, with its overall market cap pushing past $66 billion<\/a>. DOGE is trading around $0.19, while PEPEs hovers at $0.0000123, and the viral MemeCore token has doubled in value.<\/p>\n

A key catalyst for all this demand is that Bitcoin crossed $123,000 to post a new all-time high.<\/p>\n

\"Meme<\/p>\n

When BTC reaches new highs, it usually benefits the entire crypto market. Traders start feeling more confident, and profits from Bitcoin flow into riskier plays, making meme coins the obvious target for those chasing bigger returns. It\u2019s a pattern we\u2019ve seen before \u2013 Bitcoin leads, sentiment shifts, and capital rotates. And that\u2019s exactly what\u2019s happening right now.<\/p>\n

Plus, there\u2019s been a clear increase in institutional investment<\/a> in crypto. While these institutions are not buying meme coins directly, their purchases of BTC and major altcoins helps create a \u201crisk-on\u201d atmosphere.<\/p>\n

Is Snorter the Best Meme Coin to Buy? SNORT Token Presale Nears $2M<\/h2>\n

While everyone\u2019s focused on PENGU, Snorter<\/a> \u2013 a new Solana meme coin trading bot \u2013 is starting to attract attention on social media. The Snorter presale has now raised over $1.8 million, with SNORT tokens priced at just $0.0983.<\/p>\n

Token Zenith<\/a>, a crypto YouTuber with huge reach, featured SNORT in a video this week and has racked up over 7,400 views in just three days. That kind of organic coverage doesn\u2019t happen by accident.<\/p>\n