Next Memecoins to Explode, January 10 – TRUMP, PENGU, SHIB

Highlights:

• TRUMP is finding strong demand near $5.30 and could move toward $7.98 if momentum picks up.
• PENGU reclaimed the $0.00945 level and now looks set to test $0.0117 if buyers step in.
• SHIB bounced from $0.0000069 and is showing room for a push toward $0.000012 on renewed interest.

The crypto market is slightly down today, owing to leverage reduction and some small traders’ profit-taking from altcoins. In addition, the recent jobs data came in lower than expected, while other metrics, such as unemployment data, gave mixed signals. The upcoming ruling on tariffs has left investors cautious, as the decision could affect the trajectory of the market. As of press time, the total market cap is down 0.73% to $3.09 trillion. In addition, the trading volume is down 17.76% to $90.68 billion in the past day.

The fear and greed index is in the neutral zone at an index of 40 after a long stay in the fear zone. Meanwhile, the total liquidations in the last day totaled $205.35 million, with long positions taking the lead. The memecoin market cap is down 0.9% to $49 billion, and the trading volume stands at $4.16 billion, according to CoinGecko data. With the market stuck in a wait-and-see moment, here are the next memecoins to explode.

Next Memecoins to Explode

1. Official Trump (TRUMP)

Trump Coin is trading at $5.39, with a 0.5% rise in the past 24 hours. The market cap stands at $1.07 billion. However, the trading volume is down 10.24% to $200 million.

The Trump coin is forming a strong base after an extended selloff on the daily chart. The price is defending the $5.30 to $5.40 zone with repeated reactions. The selling pressure is fading as downside momentum weakens. At the same time, candles are compressing, which signals a growing balance. This structure suggests accumulation rather than continuation.

Meanwhile, the price is facing clear resistance near the $7.98 level. Buyers must reclaim this zone to confirm strength. A clean breakout will open room toward the $9.50 region.

2. Pudgy Penguins (PENGU)

PENGU is trading at $0.01174, a 1.85% decrease over the last 24 hours. The market cap stands at $737.99 million. Meanwhile, the trading volume of the memecoin has increased by 14.53% to $230.9 million. Despite the slight drop on the daily chart, the coin has gained 6.85% on the weekly chart.

PENGU has formed a bullish falling channel breakout after a prolonged downtrend. The breakout candle has pushed the price above the descending trendline near the $0.0100 zone. As a result, buyers have started reclaiming control and testing higher levels. The price is now holding above the former channel resistance around $0.00945, which acts as key support.

The RSI at 55 is supporting the bullish outlook of the memecoin despite the recent pullback in price. This move signals strengthening momentum and improving sentiment. Meanwhile, the resistance sits near $0.0117 and $0.0139. A sustained push could open a move toward $0.0237 over time.

3. Shiba Inu (SHIB)

SHIB is trading at $0.000008602, a 1.95% decrease in the past day. In addition, the trading volume has decreased 21.94% to $94.7 million. Meanwhile, the market cap of the memecoin stands at $5.06 billion.

SHIB is building strength after defending a key demand zone near $0.0000069. The price has respected this area multiple times, which confirms strong market interest. The downside momentum has faded as selling candles shrink. Moreover, volatility has reduced, which often appears before expansion.

The rebound has already carried the price back toward $0.0000089. This level acted as support before the major breakdown. A sustained hold above this zone will open the path toward $0.0000120. That region marks the next major supply area. If momentum holds, the price could continue stepping higher with controlled pullbacks.