PENGU Leads Meme Coin Rally With 30% Gain, Snorter Tipped to Breakout Next

Meme coins are exploding after Bitcoin hit a new high of $118,000, and Pudgy Penguins ($PENGU) is leading the rally with a 30%+ gain over the past week, outperforming the likes of Dogecoin, Fartcoin, and Dogwifhat.

Its explosive momentum is fueled by the SEC acknowledging a spot Pudgy Penguins ETF application, coupled with the broader market gaining strength.

As $PENGU makes gains, some analysts are looking to the Solana-based meme coin trading bot Snorter as the next breakout launch. 

It’s currently running a token presale, in which it has raised $1.7 million. The presale allows investors to buy in from the ground floor, a setup which analysts believe could lead to huge profits. Its early presale growth indicates that investors are equally as optimistic.