PENGU, MOG, BRETT Lead Gains On Top 3 Chains | Meme Coins To Watch Today

Monicah W

The crypto market has seen a surge in new meme coins. They are mainly from three chains: Ethereum, Solana, or Base. 

Thus, BeInCrypto has analysed the best-performing meme coins from all three chains for investors to watch today.

Pudgy Penguins (PENGU)

  • Launch Date – December 2024
  • Total Circulating Supply – 62.86 Billion PENGU
  • Maximum Supply 88.88 Billion PENGU
  • Fully Diluted Valuation (FDV) – $1.27 Billion

PENGU has seen a 26% increase in the last 24 hours, currently trading at $0.0143. The altcoin successfully breached the $0.0129 resistance level and is now eyeing the $0.0180 resistance. This upward movement signals growing investor interest, positioning PENGU for further potential gains in the near term.

As a meme coin on the Solana chain, PENGU is one of the day’s top performers. If it breaches the $0.0180 resistance, it could set its sights on the next target at $0.0225. This would represent a significant price jump, supported by continued market interest and momentum.

PENGU Price Analysis.
PENGU Price Analysis. Source: TradingView.

However, if PENGU fails to secure $0.0129 as a support floor, it risks falling below $0.0100. A drop to $0.0071 would invalidate the bullish thesis, signaling a potential reversal. 

Mog Coin (MOG)

  • Launch Date – July 2023
  • Total Circulating Supply – 390.56 Trillion MOG
  • Maximum Supply – 420.69 Trillion MOG
  • Fully Diluted Valuation (FDV) – $394.31 Million

MOG has posted a 40.69% increase, becoming the best-performing meme coin of the day. Currently trading at $0.0000009248, the altcoin represents the Ethereum blockchain. This notable rise indicates growing investor interest, and its continued upward movement could push MOG further into the spotlight in the meme coin sector.

MOG is now facing resistance at $0.0000009399. Successfully breaching this level is essential for the meme coin to establish a 3-month high. If it manages to break this barrier, MOG could push past $0.0000010000, with the next target set at $0.0000012143, marking significant growth.

MOG Price Analysis.
MOG Price Analysis. Source: TradingView.

If MOG fails to breach $0.0000009399, it risks a decline to $0.0000007539. A drop below this level would invalidate the bullish outlook, erasing recent gains. 

Brett (BRETT)

  • Launch Date – March 2024
  • Total Circulating Supply – 9.91 Billion BRETT
  • Maximum Supply – 10 Billion BRETT
  • Fully Diluted Valuation (FDV) – $630.98 Million

BRETT has surged 23% today, becoming one of the top performers. Currently trading at $0.063, the altcoin, based on the Base chain, is facing resistance at $0.068. If this resistance is breached, BRETT could continue its upward trajectory, attracting more investor interest and potential gains.

Breaching the $0.068 resistance would mark a 3-month high for BRETT, opening the path toward $0.082. A successful move beyond this point would drive further price increases, offering significant returns to investors. Continued market momentum could propel BRETT into even higher territories in the coming weeks.

BRETT Price Analysis.
BRETT Price Analysis. Source: TradingView.

However, if BRETT fails to break the $0.068 barrier, its bullish momentum could falter. A reversal below this level could pull the altcoin down to $0.052, and potentially as low as $0.047. This decline would invalidate the bullish thesis, signaling potential losses for investors if market sentiment weakens.

The post PENGU, MOG, BRETT Lead Gains On Top 3 Chains | Meme Coins To Watch Today appeared first on BeInCrypto.

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Pi Network to Unlock 188 Million Tokens in March

Pi Network is planning to unlock 188 million tokens in March, making them accessible to over 1 million users. This is a substantially larger user pool than most months. Yet, it may not increase selling pressure as demand for PI continues to surge.

However, the project’s community is also acting aggressively over social media, review-bombing Binance for its perceived listing delays. A Binance community vote overwhelmingly supports Pi, but the listing hasn’t gone live yet, prompting intense backlash.

Pi Network Prepares for Big Unlock

Pi Network is one of the most hyped crypto projects in recent times. Since its mainnet launch on February 20, PI surged nearly 100%, hitting a peak of $2.99 before seeing corrections. At the same time, it’s gaining recognition from the wider community despite earlier criticism.

A week ago, CoinMarketCap refused to update its market cap, but the platform reversed this stance yesterday. PI is now the 11th largest cryptocurrency in the market, ahead of Hedera, Chainlink, Steller, and other notable names.

CoinMarketCap’s community sentiment shows that 91% of its users are bullish on Pi, as the firm is planning to unlock 188 million tokens to over 1.1 million users this month.

PI Network March Token Unlocks
PI Network March Token Unlocks. Source: ExplorePi

A token unlock of this size is bound to have an impact on Pi Network’s price. Recently, the project launched the biggest airdrop in crypto history, which helped juice enthusiasm.

ExplorePi data shows that there are currently more than 11.5 million Pioneer accounts. However, 7.25 million (63%) accounts lock PI for three years, and 1.6 million accounts (14%) lock PI for one year.

Therefore, the selling pressure on Pi Network may not take effect immediately, even with this massive user pool.

Nonetheless, Pi Network is also ruffling more than a few feathers. Recently, Binance hosted a community vote on whether or not to list PI tokens, and its users were overwhelmingly in favor.

Despite the votes, Binance is yet to list PI, and several users are not taking this lightly. Pi fans have review-bombed its Google reviews. Without directly mentioning the project, the exchange responded to these comments:

“Before listing cryptocurrencies, Binance will check and consider many factors including liquidity and trading volume in the market,” Binance claimed. Although the exchange didn’t directly reference Pi Network, it commented on several Pi-centric 1 star ratings on Play Store.

Many (but not all) of these reviews and responses took place on Asia-based servers, where the project is the most popular. Recently, the Vietnamese government issued a warning about Pi Network, and Bybit CEO Ben Zhou reminded his users that China issued similar warnings years prior.

Regardless, Pi Network seems to have a huge community of enthusiastic supporters. Although some of its fans are getting a reputation for their hostility and defensiveness on social media, the project remains resilient to the current market conditions.

The post Pi Network to Unlock 188 Million Tokens in March appeared first on BeInCrypto.