Next Memecoins to Explode, June 21 – TRUMP, FLOKI, PENGU
Highlights:
- The TRUMP memecoin is holding support near $9.19 as RSI shows oversold signs and hints at a possible bullish reversal.
- FLOKI is forming a bullish flag pattern after a breakout and may target resistance levels at $0.00018 and $0.00027.
- PENGU is trading in a tight range near support as buyers defend $0.00900 and aim for a possible 42% upside move.
The overall crypto market continues to fall as the Iran-Israel war escalates, with both sides making major strikes. The geopolitical tensions have affected the overall crypto market in the past week, with altcoins leading in losses. The uncertainty that the United States might join the war has pushed most of the investors out of the market.
At press time, the overall crypto market is down 1.27% to $3.2 trillion. However, the trading volume is up 39.51% to $113.76 billion. Bitcoin continues to dominate the market with a 64.2% share of the market. Most of the top 10 cryptocurrencies are trading in the red zone in the daily chart.
The memecoin market has not been left behind as the whole crypto market bleeds. The market cap is down 4.1% to 55 billion. Despite the tumbling market, small investors see it as an opportunity to invest in memecoins. Here are the next memecoins to explode as geopolitical tensions continue to affect the market.
Next Memecoins to Explode
1. OFFICIAL TRUMP (TRUMP)
The memecoin linked to President Trump is trading at $9.33, representing a 1.78% increase over the last 24 hours. The market cap stands at $1.86 billion, and the trading volume has increased by 32.44% to $269 million. Despite the slight increase as other memecoins tumble, the coin has lost 8.54% in the past week. The rise also follows news of TikTok denying investing $300 million in Trump coins after an accusation by Representative Brad Sherman.
The coin is trading near the support zone at $9.19 on the daily chart. Buyers are defending this zone, signaling potential short-term accumulation. The next resistance levels sit at $13.37 and $14.72. If momentum builds, the price could rise toward these zones.
The RSI is at 34.72, showing oversold conditions. This suggests a possible reversal if buying pressure increases. The MACD also shows bearish momentum, but the lines are close, hinting at a potential crossover. The price structure shows a downtrend, but consolidation is forming. If the support holds, a bullish breakout may occur.
2. FLOKI (FLOKI)
FLOKI is trading at $0.00007183, a 2.89% decrease in the past day. However, the trading volume is up by 56.48% to $55 million. Meanwhile, the market cap stands at $691.37 million. The coin has been on a downtrend on the weekly and monthly charts. However, analysts predict that the consolidation phase is over and the coin is ready to explode.
FLOKI is forming a bullish flag after breaking out from a large falling wedge pattern. Price found strong support near the $0.00009000 zone. It bounced sharply and now trades above the descending wedge.
token is forming bullish flag pattern on the daily timeframe on the daily chart
price showing strong preparation for upward continuation following pullback phase
breakout above flag resistance could propel the price toward targets at $0.000115, $0.000160, and $0.000200 pic.twitter.com/X2Q06rjd4e
— crypto™️🔥 (@CryptoIlokano) June 20, 2025
A look at the volume shows rising interest near the current level. The bullish flag points to a possible breakout. If confirmed, price may target the $0.00018000 and $0.00027000 resistance zones.
3. Pudgy Penguins (PENGU)
PENGU is trading at $0.009222, representing a 1.45% decrease over the last 24 hours. The market cap stands at $579.75 million. Meanwhile, the trading volume has increased by 54.57% to $76.13 million.
PENGU is trading in a tight range between $0.00900 and $0.00935 as buyers continue to protect the lower support zone. If momentum increases, price may climb toward $0.01033 in the short term. A breakout above this level could trigger a strong move toward $0.01227.
The chart shows a potential upside target of $0.01312, offering a 42% gain from current levels. RSI remains at 44.21, suggesting neutral momentum but a slight bullish bias. Price must hold above $0.00900 to keep this setup valid.
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Austin Mwendia
Austin Mwendia is a passionate crypto journalist with three years of experience. He has contributed to various media outlets, covering blockchain technology, market analysis, and financial trends. He is committed to educating readers and expanding the adoption of blockchain and decentralized finance.
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