Best Memecoins to Buy Now, July 30 – PENGU, PEPE, DOGE

Highlights:

• PENGU shows signs of bouncing back with strong buy signals and a solid support trendline.
• PEPE may surge up to 40X if it breaks its current upward channel.
• DOGE’s downtrend is slowing, with key indicators suggesting a possible price rebound soon.

The crypto market is sailing on a bearish sentiment, as most tokens have given up their recent gains. The global market capitalization and trading volume have declined to $3.83 trillion and $160 billion, respectively. Following the broader market downturn, the memecoin sector has followed suit, as its market cap has decreased by 3% to $70 billion. In the section below, let’s discuss the best memecoins to buy now, such as Pudgy Penguins, PEPE, and Dogecoin.

Best Memecoins to Buy Now

1. Pudgy Penguins (PENGU)

Pudgy Penguins’ price has been undergoing a parabolic rally after shaking off a bearish accumulation back in late June. Since the June 22 low of $0.007737, the memecoin has surged to a high of $0.046608 on July 23, rising massively by 500% over one month. As of this writing, PENGU is down by 3% over the past 24 hours, trading at $0.03675.

According to market expert Ali Martinez, PENGU is exhibiting the signs of a potential price recovery with multiple indicators pointing towards a bullish reversal. TD Sequential has recently given a buy signal, which is a clue that there may be a positive movement. Meanwhile, the RSI shows a bullish divergence, which further supports the argument of a bounce.

$PENGU looks ready to rebound, with multiple bullish signals aligning:

– TD Sequential flashes a buy signal
– Setup trendline holding as support
– Bullish divergence on the RSI
– Trading at the channel’s lower boundary

All signs point to liftoff! pic.twitter.com/zxBRQRANak

— Ali (@ali_charts) July 30, 2025

The price still respects a setup trendline, allowing prices to remain in a descending channel on the lower side. This set of technical indicators may pique the interest of traders who are seeking the best memecoins to buy now. When support is strong, PENGU could be in a short-term rally in the upcoming sessions.

2. PEPE

The frog-themed memecoin, PEPE, has been a subject of volatility since facing rejection at the $0.00001114 mark. Currently, the memecoin is trading around $0.00001112, recording a drop of 5% over the past week. Moreover, the market capitalization and trading volume have declined by 5% and 15% to $4.68 billion and $775 million, respectively.

Crypto analyst CryptoElites suggests PEPE could see a 40x surge before the current bull cycle ends. The coin has moved steadily within an upward channel, bouncing between support and resistance lines. This pattern signals growing momentum and steady accumulation.

I’m expecting a 40x from PEPE by the end of the bull run.$PEPE #PEPE pic.twitter.com/glfYYTMBY4

— @CryptoELlTES (@CryptooELITES) July 29, 2025

The chart shows PEPE recently hit the channel’s bottom, hinting at another potential rise. If it breaks above the channel’s top, the price could jump from roughly $0.000011 to $0.0004. Given the clear structure and possible breakout, traders searching for the best memecoins to buy now may find this setup worth watching closely.

3. Dogecoin (DOGE)

The largest memecoin, Dogecoin, is currently exchanging hands at $0.217, down 4% in the past 24 hours. Despite monthly gains of 30%, the memecoin has dropped by 15% over the past week. In addition, the market cap and trading volume have decreased to $32 billion and $2 billion, respectively.

Crypto analyst Ali Martinez has observed a potential rally of Dogecoin, with TD Sequential showing a buy signal at 4 hours. The indicator just touched the 9th candle, which is usually the shift of the trend. This red nine coincides with a low black candle, which indicates that sales may be dwindling.

Dogecoin $DOGE could be preparing to rebound as the TD Sequential presents a buy signal on the 4-hour chart! pic.twitter.com/AAScXIXThZ

— Ali (@ali_charts) July 29, 2025

Previously, there was a green arrow after candle A13, which represented an earlier signal of buying. DOGE is currently trading around approximately $0.2100. These technical indications may appeal to the best memecoins to buy now as the downtrend is losing momentum, as per Martinez’s analysis.