- Pudgy Penguins soared 36% this week, driven by NFT resurgence and strong investor interest, closing at $0.01201.
- Floki and Bonk surged 8% and 15% respectively.
- Turbo spiked 25% weekly and 22% daily, highlighting the speculative appeal and rapid rise of emerging meme tokens.
1. Pudgy Penguins (PENGU)
As of May 3, Pudgy Penguins (PENGU) is trading at approximately $0.01217, reflecting a 10.68% increase over the past 24 hours. The token is seeing notable daily movement and has recently pegged at a low of $0.01023 and a high of $0.01268. With a market capitalization of around $749 million and a 24-hour trading volume of nearly $228 million. The total supply is 88.88 billion, while the circulating supply is 62.86 billion. PENGU has corrected from its all-time high of $0.05738, topped on December 17, 2024, and from its all-time low of $0.003715 recorded on April 9, bounces back strongly.
As regards the token’s recent performance, the token has surged by approximately 35.6% in the past week, 133.6% in the past 30 days, and 65.5% in the past 60 days while it is down 19.4% in the past 90 days. Furthermore, the Pudgy Penguins NFT ecosystem is thriving, there are 8,888 unique tokens, and a floor price of 11.6 ETH ( $21,329) and it has a market cap of $189.6 million held by over 5,100 unique owners.
2. Bonk (BONK)
A meme token based on the Solana blockchain, Bonk (BONK) experienced heavy market enthusiasm and saw prices rise nearly 15% at the start of this week. Bonk is a meme-based cryptocurrency that is running on Solana Blockchain, and as of the 3rd of May 2021, Bonk is being traded at approximately $0.00001838, which was a 3,04% decrease seen in the last 24 hours. Daily, the token has experienced a low of $0.00001819 and a high of $0.00001916.
Now, the maximum supply stands at 88.87 trillion BONK, which circulates as about 78.9 trillion BONK. Its all-time high was $0.00005916 on November 20, 2024, and lost almost 68.92%.
3. Floki (FLOKI)
Floki Inu (FLOKI) is another meme-inspired token that saw a weekly rise of over 8%. at the time of writing, Floki Inu (FLOKI) is trading at $0.000085 with a 1.26% loss over the past 24 hours. The daily low for the token has seen $0.00008418 and the highest point was attained at $0.00008765. The market cap of Floki Inu is about $821.6 million and the 24-hour trading volume is around %71.33 million. The token made its all-time high of $0.0003462 on Jun 5, 2024, and now is down about 75.35%.
4. Turbo (TURBO)
Turbo (TURBO), a relatively recent entrant into the meme coin space, recorded a notable weekly gain of approximately 25%. With a trading price of $0.0055 and a market capitalization of about $389 million in the first eight days of its existence, Turbo has caught the hearts of investors. It speaks to the volatile nature that is also so appealing of meme tokens, being hit by a recent daily surge of 22.21% which is being driven solely by speculative interests and trending momentum.
The market cap of the meme coin sector has now climbed over $60 billion, while the sector has grown by 3.0% over the past 24 hours. However, industry analysts advise investors to abstain from buying the tokens as it is as well as buying lottery tickets. The main focus is thorough research and investment strategies that go in the right direction, despite the possibility of market volatility.
