Next Memecoins to Explode, January 3 – SHIB, BONK, PENGU

Highlights:

• Shiba Inu is gaining strength after breaking its downtrend and holding the $0.00000800 support zone.
• Bonk is stabilizing above $0.00000920, showing strong demand as buyers defend this key support level.
• Pudgy Penguins is recovering steadily, with $0.0105 acting as support and resistance waiting near $0.0134.

The crypto market is up today, with altcoins leading the market momentum. The altcoin index rose 135 in the past day, while Bitcoin dominance dipped to 58.49%. The move reflects fresh buying from small investors and renewed risk appetite in altcoins. The total market cap is up 2.38% to $3.08 trillion at press time. In addition, the trading volume is up 79.73% to $116.13 billion in the past day.

The fear and greed index is in the fear zone at an index of 38. Meanwhile, the total liquidations in the last day totaled $391.14 million, with short positions taking the largest share. The memecoin is leading the market surge, with most memecoins achieving double-digit gains in the past week. The market cap is up 11% to $48 billion, and the trading volume stands at $8.4 billion, according to CoinGecko data. With the memecoin market recovering by double digits, here are the next memecoins to explode.

Next Memecoins to Explode

1. Shiba Inu (SHIB)

SHIB is trading at $0.000008128, a 8.56% increase in the past day. In addition, the trading volume has increased 86.17% to $213 million. Meanwhile, the market cap of the memecoin stands at $4.78 billion.

Shiba Inu is showing a clear shift in momentum after a long, controlled decline. The price broke above the descending trendline that capped every rally since October. This break signals growing demand and weaker selling pressure. The price continues to hold above the $0.00000800 support zone. The area now defines the short-term floor.

Meanwhile, upside pressure is building toward the $0.00001270 resistance. A move to that level implies a gain of about 55% from current levels in the short term as the market recovers.

2. Bonk (BONK)

BONK, a Solana-based memecoin, is trading at $0.000009229, representing a 10.32% increase over the last 24 hours. The market cap stands at $812.12 million, while the trading volume has increased by 128.33% to $195 million. BONK has gained 16.96% on the weekly chart, making it one of the next memecoins to explode.

Bonk is moving sideways after a long drop on the daily chart. The price is holding above the $0.00000920 support level, which has stopped further declines. This level shows strong demand and has kept sellers under control. At the same time, the price movement has slowed, which signals stabilization.

On the upside, Bonk is facing resistance near $0.00001450, where past rallies failed. A stronger barrier sits near $0.00001895 from the previous breakdown. If the price pushes above these levels, momentum can improve. Until then, Bonk remains in a base building phase with limited downside risk.

3. Pudgy Penguins (PENGU)

PENGU is trading at $0.01105, a 12.53% increase over the last 24 hours. The market cap stands at $694.66 million. Meanwhile, the trading volume of the memecoin has increased by 161.24% to $295 million.

PENGU is showing early signs of recovery after a prolonged selloff. The price has reclaimed the broken descending trendline, which signals improving structure. Moreover, the $0.0105 area now acts as a strong demand zone and has held recent pullbacks. Buyers have consistently stepped in around this level.

The overhead pressure remains near $0.0134, where the price previously stalled. Above that, the $0.0189 zone marks a key resistance from the recent breakdown. The structure also hints at a rounded base forming slowly. Therefore, momentum is shifting cautiously. If support holds, the price can grind higher toward the upper resistance areas.