Meme coins are having their best month in ages, and two very different tokens are getting most of the attention right now: Pudgy Penguins (PENGU) and TOKEN6900 (T6900).
PENGU has been on fire lately, shooting up more than 300% over the past month to a price of around $0.040 and becoming the fifth-largest meme coin by market cap. It has even flipped TRUMP.
But TOKEN6900, still in its presale and priced at just $0.0067, has just hit the $1 million funding milestone. Some traders are now saying it’s the best meme coin to buy given its early entry point, rapidly growing community, and viral potential.
The token is inspired by SPX6900, which is up over 7,500% in a year, and this week hit an all-time high of $2. So, with August fast approaching, could TOKEN6900 be set to outperform PENGU and become the next big meme coin?
PENGU’s Big Month – NFTs, ETFs, and Mobile Games
PENGU might have dipped 10% in the past day, but zoom out a bit, and you’ll see it’s still up massively in the past month. It’s become one of the most active meme coins, second only to DOGE in daily volume, largely thanks to some timely catalysts.
First off, Pudgy Penguins NFTs just celebrated their fourth anniversary, pumping life back into the brand. Rising floor prices and active trading of the NFTs have spilled directly over into enthusiasm for PENGU.
Then there’s the proposed ETF that bundles Pudgy Penguins NFTs with PENGU tokens, currently under review by the SEC. That’s something investors think could open the doors for institutional money.
Plus, the Pudgy Penguins battle royale game is set for release soon, promising more eyeballs and real-world utility beyond just crypto and NFTs.
But there’s a newer meme coin that might steal the limelight from PENGU. TOKEN6900 is beginning to see huge demand in its presale, leading some to suggest it could post PENGU-style returns once it hits the open market.
TOKEN6900 Offers Pure Meme Energy & Raises $1M in Under One Month
TOKEN6900 doesn’t pretend to offer any serious utility or revolutionary tech – and that’s why people love it. Announced in late June, T6900 openly embraces meme culture, positioning itself as the “antidote” to overly serious crypto projects.
It’s self-aware, proudly branding itself as “brain rot finance” and parodying competitors by setting its token supply exactly one coin higher than SPX6900.
But behind all this humor, there’s serious momentum. TOKEN6900’s presale has already raised over $1 million, approaching its $5 million cap fast. Buying in is easy – there’s no KYC, no minimums, and you can grab tokens with ETH, USDT, BNB, or even credit cards.
A high-yield staking program, audited smart contracts (cleared by Coinsult and SolidProof), and endorsements from influencers like ClayBro have only added to the presale hype.
Plus, 40% of the presale funds will be used to promote the token’s irreverent, retro brand across social media. For traders hunting the next big thing, TOKEN6900’s low entry price and rapid presale growth make it pretty tempting.
Why TOKEN6900 Might Outperform PENGU in August
PENGU has been crushing it, but TOKEN6900 could offer even more explosive short-term gains. Tokens still in presale tend to skyrocket after their first exchange listing, especially if there’s solid community momentum.
T6900 checks that box easily. Plus, with an initial market cap around just $6 million, TOKEN6900 is tiny compared to PENGU’s massive $2.5 billion valuation. Smaller-cap coins naturally move faster and further with less capital, making big percentage moves far easier.
Some members of TOKEN6900’s X (Twitter) community already predict that the token could jump 20x (or more) post-launch if its narrative catches fire, similar to SPX6900, which is up over 7,000% since this time last year.
Meanwhile, PENGU might soon start hitting a ceiling. It has already rallied hard and appears overheated, according to its weekly RSI reading. That doesn’t mean it will crash, but explosive moves will become more challenging.
So, if you’re looking for outsized returns, TOKEN6900 has that low-cap, high-hype combination that could make it the more exciting – and potentially profitable – option in August.
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