This week has been about memecoins and I don't think the trend is ending anytime soon as long as we still have influential people in the space, and Elon has been pushing meme narratives throughout the last week.
The meme market lately has been on fire and things are looking really bullish. Elon Musk has been talking a lot about ANI as a companion for grok, and that alone has caused the token to take off. It’s now sitting at around a $40 million market cap and still climbing.
Then there's Pengu, one of the OG meme tokens. It’s been getting support from big platforms like OpenSea and Polkadot, and it’s up around 400% in the past month. That kind of move shows there’s strong community backing and growing interest.
I’ve been watching both closely. I’m already in ANI and it’s been a solid play so far. Still waiting for a good entry on Pengu the price action is wild but promising.
What meme coins are you keeping an eye on right now? I know degen traders will be aware or updated about this, any opinion about this will be good.