Best Memecoins to Invest in Today, July 12 – Pudgy Penguins, Mog Coin, Snek

Highlights:

• Pudgy Penguins gains 113% in a month after the Coinbase NFT link and ETF filing boost investor interest.
• Mog Coin breaks out with bullish momentum and RSI at 77 as price targets continue to climb.
• Snek shows a strong rally with a 48% weekly gain and may reach $0.004 if buyers hold current support.

The crypto market is up today as the largest cryptocurrency, Bitcoin, continues to rally. BTC recently set a new ATH of $118,000 after months of consolidation. The rally of the coin has awoken the whole market, with most of the top cryptocurrencies trading in the green zone on the daily charts. Analysts predict that BTC will rally to $200,000 and the bull phase will continue to the end of the year. As of press time, the overall market cap is up 0.76% to $3.67 trillion. However, the trading volume is down 2.42% to $202.3 billion.

The memecoin market has also followed the broader market recovery, with most of the memecoins trading in the green zone on the weekly chart. However, on the daily chart, most of the coins have seen a slight correction after most of them rallied in double digits yesterday. The memecoin market cap is up by 2.1% to $70 billion. As the bulls take control of the broader market, these are the next memecoins to explode.

Next Memecoins to Explode

1. Pudgy Penguins (PENGU)

PENGU is trading at $0.02348 after hitting a recent high of $0.02439. The increase represents an 11.56% increase over the last 24 hours. The market cap stands at $1.47 billion. Meanwhile, the trading volume has dropped by 0.56% to $1.38 billion. The coin has been on an upward trajectory, gaining 42.06% in the weekly chart and 113% on the monthly charts. In addition, it scored a 66% increase in the monthly chart.

The double-digit rise of PENGU comes after Coinbase changed its X profile to a Pudgy Penguins NFT. The change has sparked investor interest as some speculate over a partnership. Meanwhile, Pudgy Penguins replied to the post made by Coinbase with avatars that match its new X profile.

Boom 🐐 pic.twitter.com/dBbqh9B3oO

— Pudgy Penguins (@pudgypenguins) July 11, 2025

The surge of PENGU can also be attributed to the recent SEC action. The regulatory body acknowledged the filing of a Canary Capital PENGU ETF. The ETF will offer exposure to the memecoin and its NFT collection. Analysts at Crypto2Community expect the coin to rally to $0.04 as the ETF launch nears.

2. Mog Coin (MOG)

MOG, a cat-themed coin based on the Ethereum Network, is trading at $0.000001659, a 0.47% decrease in the past day. In addition, the trading volume is down 0.56% to $1.38 billion. Meanwhile, the market cap stands at $1.47 billion. The coin has increased by 71.78% in the weekly chart and 52% in the daily chart.

MOG is showing strong upward momentum on the daily chart. The price has broken above previous highs, and this move confirms a major bullish breakout after weeks of consolidation. The RSI has surged to 77.21, which signals overbought conditions. However, buyers still dominate the trend.

The MACD line has crossed above the signal line, which indicates strong bullish momentum. As long as bulls hold above the recent breakout level, MOG could extend its rally in the near term.

3. Snek (SNEK)

SNEK is trading at $0.002837, representing a 3.69% increase over the last 24 hours. The market cap stands at $211.6 million, and the trading volume has increased by 79.87% to $5.18 million. Moreover, the coin has gained 48.31% in the past week and 9.23% in the past month.

Snek broke resistance at $0.0024653, and the next resistance sits at $0.0035253. If bullish momentum continues, the price may hit $0.0040368. The support now lies at $0.0024653. Buyers control the trend after breaking a month-long range.

The sharp move shows strong demand, and candles remain bullish with higher highs and higher lows. If the coin stays above $0.0028433, the uptrend may extend. However, failure to hold support could invite a pullback.