Best Memecoins to Buy Right Now, July 23 – PENGU, FLOKI, FARTCOIN

Highlights:

• PENGU, FLOKI, and Fartcoin are among the best memecoins to buy right now as traders jump on strong bullish momentum.
• PENGU broke out of a bull flag, aiming for $0.075 after a 400% monthly rally.
• The stability of Fartcoin and the increasing whale activity are signs of the potential breakout price of $2.70.

The memecoin sector has witnessed a renewed momentum as most tokens trade on green. The bullish outlook has seen its market capitalization surge to $82 billion despite the decrease in the 24-hour trading volume. Memecoins have recently been gaining traction as they have outperformed the broad market, with Bitcoin seeking to challenge its ATH again. In the section below, let’s discuss the best memecoins to buy right now, such as Pudgy Penguins, Floki, and Fartcoin.

Next Memecoins to Explode

1. Pudgy Penguins (PENGU)

Pudgy Penguins has been on a steady rise recently, even emerging as one of the best crypto gainers today. Currently, the memecoin has surged by over 18% today, pushing the price to $0.043. On the monthly chart, PENGU has surged by 400%, pushing the market cap and trading volume to $2.76 billion and $2.73 billion, respectively.

A prominent crypto analyst has recently pointed out a bullish pattern of PENGU. The memecoin displayed an impressive bullish trend, then a clean consolidation pattern referred to as a bull flag. This breakout coincides with the increase of PENGU above the value of $0.035. With the target at $0.075, the token emerges as one of the best memecoins to buy right now if buyers keep their momentum.

It's happening! $PENGU https://t.co/eI6njclUYh pic.twitter.com/QHDGTsoDXY

— Ali (@ali_charts) July 22, 2025

Along with the breakout signal, PENGU is now the second-biggest memecoin on Solana. It has surpassed $TRUMP in market cap, getting to $2.76 billion. This achievement provides more investor confidence, particularly as the memecoin industry on Solana experiences capital flows.

2. FLOKI

The FLOKI price is sitting around $0.000145 with a 4% increase in the last 24 hours. The memecoin has seen massive growth recently, with its price surging by over 100% on the monthly chart. Its market capitalization has surged to $1.30 billion while the trading volume declined by 20% to $350 million. 

According to crypto analyst CryptoELITES, a reverse bullish trend has been identified in the price movement of FLOKI. The token has rebounded off important support around the 61.8 percent Fibonacci mark. The buyers came in near the bottom at $0.00004200, exhibiting renewed confidence. FLOKI is currently trading around $0.00014565 with an increase in demand, which means that the market is gaining momentum upwards.

FLOKI 14 X LOADİNG…$FLOKI #FLOKI #Floki $Floki pic.twitter.com/ZdPc8EPq63

— @CryptoELlTES (@CryptooELITES) July 22, 2025

The analyst currently predicts that FLOKI could experience a 14x increase if the momentum continues, making it the best memecoin to buy right now. The growing volume and obvious technical arrangements appeal to traders. In addition, overcoming resistance at $0.0003000 will validate this bullish theory.

3. FARTCOIN

Fartcoin is getting fresh momentum after cooling off from its meteoric rise, which saw the price face rejection at the $1.70 region. As of this writing, the memecoin is exchanging hands at $1.65 with a gain of 1.20%. With the bearish sentiment holding its market currently, its market cap and trading volume have declined to $1.61 billion and $380 million, respectively.

Fartcoin is gaining some interest as it breaks above a major resistance of about $1.63. If it remains at that level, the chart suggests a move towards 2.70. Any short-term pullback to $1.60 could still be an opportunity after which the trendline would still hold.

#FARTCOIN keeps bouncing off the rising trendline and is now breaking through the resistance zone

If it successfully breaks and holds above, we could see a strong move toward $2.7

Watching the breakout closely pic.twitter.com/Vd4HIU8555

— Professor Moriarty (@Moriarty_web3) July 22, 2025

There is a chance of a further push in case there is a break above the current range, with volume and the trendline having remained to support the price since March. In addition, whale activity has been surging, and wallet counts recently reached 446,000. This steady rise in interest makes Fartcoin a candidate for the best memecoin to buy right now.