Best Memecoins to Buy, August 13 – DOGE, PENGU, SHIB

Highlights:

• DOGE, PENGU, and SHIB shine as the best memecoins to buy after strong price jumps this week.
• Pudgy Penguins shows solid support near $0.03, hinting at another rally if resistance breaks.
• Shiba Inu’s massive token burn and whale buys fuel fresh investor excitement.

Crypto prices are booming as the global market capitalization hits a new all-time high of $4.09 trillion. Following this broad market rally, the trading volume has surged to $230 billion, while the fear and greed index entered the greed zone at 63 levels. The memecoin sector is also exhibiting this bullish sentiment, with its market cap and trading volume surging to $77 billion and $12 billion, respectively. In the section below, let’s discuss some of the best memecoins to buy, such as Dogecoin, Pudgy Penguins, and Shiba Inu.

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Best Memecoins to Buy

1. Dogecoin (DOGE)

The largest memecoin, Dogecoin, has surged by over 10% over the past 24 hours, pushing the price to $0.247. DOGE has also recorded a weekly surge of 23% as the price bounced from below the $0.2000 mark. Currently, Dogecoin’s resistance is around the $0.2800 mark. Moreover, its market cap and trading volume stand at $37 billion and $4 billion, respectively.

The price action of Dogecoin has attracted attention following a significant bounce back to the $0.22s. Market analyst Ali Martinez noted a bullish flag formation on the hourly chart, which is a sign that there will be a further upward move. The price action broke above the recent descending channel, which is what traders see as a change in momentum.

$0.27 next for Dogecoin $DOGE! https://t.co/bKkOj6fz2z pic.twitter.com/Z5MXTOA2fG

— Ali (@ali_charts) August 12, 2025

After the breakout, DOGE traded around $0.234, where $0.27 becomes the next potential target. The next major resistance levels are set at $0.237 and $0.246 before higher gains. DOGE has a favorable chart structure and short-term momentum, making it one of the best memecoins to buy.

2. Pudgy Penguins (PENGU)

Pudgy Penguins has posted a steady rise, recently leading to its market cap hitting above the $2 billion mark. Over the past month, the price has surged from $0.02322 to $0.04500, a gain of 35%. As of this writing, the price is sitting around $0.03779 with a daily surge of 9%. In addition, its trading volume has surged by 30% to $825 million.

PENGU has formed a stiff support at the $0.0300 region, as the price bounced from this zone several times. With the bulls taking the lead, PENGU’s current trend could push the price to the immediate resistance at $0.04100. Additionally, a successful break above this mark could lead to a retest of the key resistance at $0.04600.

Technical indicators on the chart also suggest that the PENGU price could be on the brink of another rally. The RSI is lying in the neutral region, where an increase in buying pressure could push it toward the overbought region, leading to a price rally. Moreover, the histogram in the MACD has been in the negative territory, and this is shifting as the red bars fade away. With the selling pressure easing, the MACD line could shift above the signal line, often a sign of upward price movement.

3. Shiba Inu (SHIB)

Shiba Inu opened today’s session at $0.00001270 and surged to $0.00001400, where it faced a rejection. The price has dropped to $0.00001390, which puts the 24-hour gain at 8.50%. SHIB has surged by 15% on the weekly chart, with a market cap and trading volume of $8.20 billion and $330 million.

Shiba Inu has had a fresh revival, with the burning rate jumping more than 48,000%, according to data from Shibburn. More than 87M SHIB tokens were transferred into burn addresses, decreasing the circulating supply. Although the amount is minimal in relation to the 589 trillion total supply, burn-rate spikes are correlated with price increases.

HOURLY SHIB UPDATE$SHIB Price: $0.00001392 (1hr 1.72% ▲ | 24hr 7.57% ▲ )
Market Cap: $8,203,791,453 (7.55% ▲)
Total Supply: 589,247,818,625,047

TOKENS BURNT
Past hour: 69,420 (1 transaction)
Past 24Hrs: 87,957,833 (48244.95% ▲)
Past 7 Days: 101,629,497 (634.22% ▲)

— Shibburn (@shibburn) August 13, 2025

Meanwhile, the increasing pace of whale activity has picked up. According to IntoTheBlock data, in two days, the transactions increased from 1.28 to 3.69 trillion tokens. This 188% surge suggests large holders are building positions, prompting some traders to watch Shiba Inu closely when weighing the best memecoin to buy.

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