Meme Coins on the Rise: Pudgy Penguins Takes Top Spot
Pudgy Penguins (PENGU) has taken the top spot in terms of 24-hour volume, reaching $221.64M, and is also the only coin to be up over 7 days (+2.55%).
The project's high volume makes buying and selling easy, and its recent uptrend shows that people are still active in it despite a soft market.
Other notable meme coins include Shiba Inu (SHIB), with the largest market cap at $3.28B, but its 7-day drop of 9.37% is a cause for concern.