Next Memecoins to Explode, May 28 – SHIB, PENGU, FLOKI

Highlights:

• SHIB, PENGU, and FLOKI are strongly positioned as the next memecoins to explode in the near future.
• SHIB is close to its critical levels and could head higher after breaking through resistance.
• PENGU’s chart suggests that demand is on the rise, and an increase in price could happen soon.

Cryptocurrency prices are reflecting different trends on Wednesday, revealing a cautious market sentiment. Bitcoin’s price is above $108k, while altcoins such as Ethereum and SUI have seen price surges. However, the memecoin market has taken a major dip, with most prices showing losses. Despite the sluggish trading in the sector, the section below will discuss the next memecoins to explode, such as Shiba Inu, Pudgy Penguins, and Floki.

Next Memecoins to Explode

1. Shiba Inu (SHIB)

The popular dog-themed memecoin, Shiba Inu, has turned bearish today, following the broad decline in the overall market. The rising confidence of SHIB investors is clear, as the $8.40 billion market cap now places it in sixth position in the market. At the time of this writing, SHIB is trading around $0.0000143, showing a drop of 2.20% over the last 24 hours.

Shiba Inu is on the rise and could soon experience a major increase. According to Javon Marks, SHIB is slowly climbing out of its previous lows and reaching key support levels once again. If SHIB gets past the close resistance at $0.000081, it could move steadily upward. Moreover, Shiba Inu has followed a pattern from the past, holding steady before increasing.

$SHIB (Shiba Inu) –

Target 1: $0.000081 (Over +450% Upside)

Above $0.000081 and $0.0001553 comes into play. https://t.co/t1cdVxg3rN pic.twitter.com/YK5qrQNlb7

— JAVONMARKS (@JavonTM1) May 24, 2025

If SHIB holds above the $0.000081 level, the next milestone of $0.0001553 may become possible. This level of heights has been seen in previous big cases, posing a possibility for a 450% rise. This structure points out that SHIB may open doors for investors interested in the next memecoin to explode.

2. Pudgy Penguins (PENGU)

Currently, PENGU is trading at $0.0128 per token, with a 24-hour trading volume of $83.4M and a market cap of $830.33M. PENGU currency has dropped by 2.50% in the past day and by 3% in the past week, suggesting a minor pullback movement in its market.

PENGU is starting to form a potential double bottom on the 4-hour chart. Price found some support at the 0.01200 level twice, meaning buyers are active in this area. The resistance is generally found at 0.01450 and 0.01500, where the price last struggled to rise. PENGU is seeing positive momentum in the short term because it is above both the 9 EMA and 50 SMA.

#PENGU LTF Analysis:$PENGU is currently forming a potential double bottom pattern on the 4H timeframe, with price establishing two reaction lows around the 0.01200 zone, marked by noticeable buying interest each time. The neckline resistance sits in the 0.01450 – 0.01500 area,… pic.twitter.com/VK8MF9w9UH

— Alpha Crypto Signal (@alphacryptosign) May 27, 2025

With a strong break above the neckline and strong volume, there is a possibility for PENGU to move to 0.01650. Given this momentum shift, PENGU ranks among the next memecoins to explode, making it a token to watch for potential upward movement.

3. FLOKI

After rising steadily, FLOKI is now slowing down as the bears gain control over the market. The last 24 hours have seen the memecoin go down 1.80% to $0.00009975. Having a market cap of $960 million and a daily trading volume of $105 million, FLOKI is ready for more growth, considering the positive momentum in its monthly chart.

FLOKI has maintained its current level of support, helping the token maintain its uptrend. The stable progress means the market is strong, as the price keeps going up. The price is currently reaching a zone where resistance may decide FLOKI’s path.

$FLOKI still looking solid – held support like a champ and kept the uptrend alive

Now it’s climbing back up and heading straight for that big resistance zone

If bulls step in and flip that level, this could turn into a serious move. Keep watching pic.twitter.com/e0AHz0ylKe

— Professor Moriarty (@Moriarty_web3) May 27, 2025

Should buyers break this resistance and turn it into support, the price of the coin may rise. With the current trading pattern, the memecoin stands out as one of the next memecoins to explode. Its strength and rising trend show why it may lead to promising growth. However, monitoring the key resistance area will be essential to understanding the next price direction.