What is the best memecoin to buy before we make a hard reversal into a bull market? Right now, that’s looking like PENGU. Pudgy Penguins (PENGU) is quietly emerging as one of the more intriguing plays in this week’s crypto market.

With talk of a potential Pudgy Penguins ETF approval gaining traction, institutional sentiment and technical indicators are aligning for a possible bullish reversal.

We’re about to witness “the most hated” rally in all of crypto. People want their money back, and these two memecoins, including PENGU, look to succeed. Here’s what you need to know:

Best Memecoin to Buy? Can ETF Speculation and Institutional Interest Drive PENGU Market Optimism?

(Source: TradingView)

According to Traders Union analyst Viktoras Karapetjanc, the setup for PENGU remains “constructive,” supported by improving technicals and growing institutional confidence.

“As institutional confidence continues to build around Pudgy Penguins, I expect a robust recovery above $0.02274, with upside momentum likely to follow regulatory breakthroughs,” said Karapetjanc.

While PENGU has faced short-term weakness, three out of four weekly indicators are flashing Buy or Strong Buy signals, and on-chain accumulation suggests that larger wallets are absorbing supply at lower levels. The speculation surrounding an ETF has amplified buying interest, similar to the enthusiasm that preceded major spot ETF approvals for Bitcoin Bitcoin 1.25% Bitcoin Bitcoin BTC Price $81,443.22 1.25% /24h Volume in 24h $31.53B Price 7d Learn more and Ethereum Ethereum 1.90% Ethereum Ethereum ETH Price $2,446.85 1.90% /24h Volume in 24h $13.76B Price 7d Learn more earlier this year.

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025

Is Chart Pressure Building Beneath the Surface For PENGU?

(Source: CoinGecko)

Pudgy Penguins is coiled in a narrow range near $0.0254, and the chart looks ready to break. The 20-day and 200-day moving averages have converged so tightly they’re practically welded together. Traders should watch for golden cross potential. A close above $0.0256 would seal it.

The Bollinger Bands have compressed to near-record tightness, signaling volatility is about to return. Support holds steady at $0.0252; resistance looms at $0.0260.

DOGE Price Predictions Say $1 Before 2026. Maxi Doge Could Go Even Higher

Yes Dogecoin is the OG and PENGU is more established, but Maxi DOGE ($MAXI), a meme coin dressed in bodybuilder aesthetics, has exploded onto the scene with a presale haul of more than $3.5 Mn.

The pitch is simple: a token built on hype, high-yield staking, and internet culture.

(Source: X)

For traders chasing quick flips, Maxi DOGE is a pure adrenaline shot. The token is listed at $0.0002625, with a price increase expected within the next 24 hours, and projections indicating a climb to near $0.0012 by year-end.

While Uniswap listings and discussions of future partnerships are on the roadmap, the utility case remains thin. Yet MAXI is still building a case around its hype and memeability, just like PENGU and DOGE! The takeaway: Maxi DOGE is for risk-tolerant investors, and a small stake could pay big if memecoin hype continues.

Visit MAXI Here

EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive

Key Takeaways

  • What is the best memecoin to buy before we make a hard reversal into a bull market? Right now, that’s looking like PENGU.
  • Yes Dogecoin is the OG, but Maxi DOGE ($MAXI), a meme coin dressed in bodybuilder aesthetics, has exploded onto the scene.

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Isaiah Mccall
Isaiah Mccall
99BTC Japan Correspondent

Isaiah McCall is an ultramarathon runner and Japan Correspondent for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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