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Meme Coins Under Pressure: The Market Situation of Dogecoin and Pudgy Penguins

Meme Coins Under Pressure: The Market Situation of Dogecoin and Pudgy Penguins

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by Giorgi Kostiuk

6 hours ago


The meme coin market is witnessing changes driven by investors’ search for more stable and structured projects.

Market Situation of Meme Coins

In the last 24 hours, Dogecoin ($DOGE) has dropped by 3.70% to $0.2170, marking its second consecutive daily loss. Pudgy Penguins ($PENGU) also slipped by 9.37% to $0.0123 amid weakening support and trading volume. These figures indicate that not all meme coins are faring well in the current market conditions.

Troller Cat: A Newcomer with a Resilient Model

Troller Cat ($TCAT) has caught attention due to its structured market rollout strategy, backed by staking and token scarcity. Since its official launch on May 2, 2025, the price of the token has climbed by 133.2% since Stage 1, showcasing the effectiveness of its presale mechanism. The tokenomics of Troller Cat, featuring 26 total stages with progressive pricing, ensures transparency and safety for investors.

Dogecoin and Pudgy Penguins: Losing Their Position

Dogecoin continues to lose ground, with its price movements indicating growing pressure. The recent drop to $0.2170 shows difficulties in maintaining short-term support levels. Pudgy Penguins has recorded a 9.37% decline to $0.0123, breaking below a key support line. Both projects, despite strong branding, currently face challenges in scaling liquidity and structure.

Based on the analysis of current market trends, Dogecoin and Pudgy Penguins are both underperforming, while Troller Cat stands out with its structured model, which may attract the attention of more discerning investors.

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