Despite a sharp decline, Pudgy Penguins are taking steps to stabilize while Dogecoin holds its ground. A new meme coin, BTFD Coin, also enters the market with attractive conditions.
Pudgy Penguins: Recovery Strategy
Last week, Pudgy Penguins (PENGU) saw a 72% price drop, prompting the team to take decisive steps. A major token burn, removing 12 billion from circulation, decreased the total supply by 13.69%. Despite current volatility, the project is stepping up efforts to gain partnerships and broaden its influence outside the crypto community.
Dogecoin: Stability and Popularity
Dogecoin (DOGE) maintains its status as the most recognized meme coin, thanks to its inflationary supply model. The daily issuance of new coins ensures high liquidity, while integration with major payment platforms like Tesla keeps it popular and usable in real-world economies.
Newcomer on the Scene: BTFD Coin
BTFD Coin offers investors new opportunities. With a 90% APY on staking, this meme coin has already raised over $6 million in presales and attracted over 10,500 investors. Its model promises long-term high rewards, making it appealing for passive income.
Meme coins remain one of the most dynamic sectors in the crypto market, offering both risky and rewarding opportunities for investors.
