Solana-based meme coin Pudgy Penguins has gained 29% today and 144% this week, positioning it at the head of both the daily and weekly crypto gainers.
It currently trades at $0.012, approximately 3x higher than its April lows.
The project is making a name for itself by spearheading meme coin and NFT innovation. Last month, the company’s CEO, Luca Netz, disclosed the first-ever application for an NFT ETF.
$PENGU & Pudgy Penguin NFT ETF.
First of its kind.
History 🫡 pic.twitter.com/pFoD8LsnJI
— Luca Netz 🐧✳️ (@LucaNetz) March 20, 2025
But while Pudgy Penguins gains prominence, both as an NFT and meme coin brand, several other meme coins also show real potential.
This article explores the three best meme coins to buy now.
Solaxy
There are hundreds of promising meme coins on the market, so what if there were a way to bet on the entire portion of the market? That’s what Solaxy offers.
It’s the world’s first Solana layer 2 blockchain, tackling the network’s congestion issue, which leads to longer wait times and more transaction failures during periods of peak activity.
Solaxy will use off-chain computation and transaction bundling technology to make Solana cheaper, faster, and more reliable. It’s an ideal setup for meme coin trading, which is Solana’s primary use case.
Not only is the Pudgy Penguins meme coin on Solana, but most breakout meme coins launch on the network thanks to its seamless meme coin launchpads and millions of daily active users.
Solaxy is currently undergoing a presale and has raised $31 million so far, making it the largest Solana ICO ever.
One reason for its success is that, as an infrastructure play, Solaxy has the potential to accrue much more value than a standard meme coin.
Just a Chill Guy
Just a Chill Guy is a meme coin launched in November based on a popular social media meme.
The “chill guy” meme amassed millions of views on apps like TikTok and inspired thousands of content creators to post about it, which provided a springboard for the “Just a chill guy” meme coin to emerge.
At its peak, the meme coin was worth over $600 million. However, its market cap is under $40 million today, with the project facing substantial selling pressure amidst the broader market Q1 crash.
Breaking the trendline on #CHILLGUY could open the door for a significant move up.
Watching closelyWaiting for a 4H close above the resistance zone to confirm the move
confirmation is key. pic.twitter.com/8HK5OecdA9— AlphaFlow (@OriAbudi) April 27, 2025
Nevertheless, it has begun to show strength again this week with a whopping 80% gain, making it the second-best-performing meme coin after Pudgy Penguins.
So with momentum on its side and room for over a 15x to reclaim its all-time high (ATH), there’s tons of potential for $CHILLGUY to generate big returns in the coming months.
Fartcoin
Fartcoin is another meme coin launched in late 2024 that took the market by storm, even more so than Just a chill guy.
The project rallied to a staggering $2.4 billion market cap at its peak and has also proved one of the best performers as the market recovered in April. Currently, Fartcoin trades at $1.12, up 4x from its March lows.
Fartcoin was ideated in a conversation between AI agents. This creates a unique and interesting narrative for the project and helps it appeal to a wider market.
At the same time, the simplicity of its name means that it’s a project that everyone can easily understand, which is another reason it’s performing so well.
Given its strength since March and the fact that the meme coin market continues to gain, we could well see Fartcoin rally to its $2.61 all-time high (ATH) and beyond this year.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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