bitcoin
Bitcoin (BITCOIN)
$117,553 1.26%
ethereum
Ethereum (ETHEREUM)
$4,597 2.27%
binancecoin
BNB (BINANCECOIN)
$995.16 4.69%
solana
Solana (SOLANA)
$246.13 4.50%
ripple
XRP (RIPPLE)
$3.12 3.15%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 2.63%
pepe
Pepe (PEPE)
$0.000011 3.61%
bonk
Bonk (BONK)
$0.000025 5.32%
bitcoin
Bitcoin (BITCOIN)
$117,553 1.26%
ethereum
Ethereum (ETHEREUM)
$4,597 2.27%
binancecoin
BNB (BINANCECOIN)
$995.16 4.69%
solana
Solana (SOLANA)
$246.13 4.50%
ripple
XRP (RIPPLE)
$3.12 3.15%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 2.63%
pepe
Pepe (PEPE)
$0.000011 3.61%
bonk
Bonk (BONK)
$0.000025 5.32%
bitcoin
Bitcoin (BITCOIN)
$117,553 1.26%
ethereum
Ethereum (ETHEREUM)
$4,597 2.27%
binancecoin
BNB (BINANCECOIN)
$995.16 4.69%
solana
Solana (SOLANA)
$246.13 4.50%
ripple
XRP (RIPPLE)
$3.12 3.15%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 2.63%
pepe
Pepe (PEPE)
$0.000011 3.61%
bonk
Bonk (BONK)
$0.000025 5.32%
Disclosure
Cryptocurrency trading is speculative and your capital is at risk when you trade. We may earn affiliate commissions from some of the products on this page - at no extra cost to you.
Top Crypto Gainers Today, September 18 - MemeCore, PENGU, SPX6900

Highlights:

  • The top crypto gainers today include MemeCore, Pudgy Penguins, and SPX6900, each showing strong upward movement.
  • MemeCore leads with record highs, trading above key moving averages and signaling continued market confidence.
  • Pudgy Penguins breaks out of its channel, holding above support and targeting resistance levels around $0.045.

The overall cryptocurrency market cap has bounced back to the $4.10 trillion mark once again as Bitcoin and the broad market surged during the past 24 hours. The good performance follows the U.S. Federal Reserve’s announcement on Wednesday that it had reduced the benchmark rate range by 25 basis points to 4%-4.25%. 

Advertisement

Banner

Following this positive sentiment, several tokens have shown robust performance to emerge as the top crypto gainers today. In the section below, let’s discuss these top crypto gainers, such as MemeCore, Pudgy Penguins, and SPX6900.

Top Crypto Gainers Today

1. MemeCore (M)

M, the coin that drives the Layer-1 blockchain created to run memecoins, MemeCore, has become the top crypto gainer today, up 14% in the last 24 hours. Furthermore, the move builds on its solid weekly gains, having hit a new record high today. M is currently trading at $2.69, just below its all-time high of $2.99, which is now a major resistance wall. 

Source: CoinMarketCap

The price action shows an impressive bullish trend, with MemeCore trading well above both the important exponential moving averages. The 50-day EMA stands at 1.0016, and the 200-day EMA stands at 1.4685. The underlying uptrend is evidenced by the fact that the current price is higher than these critical levels, which implies institutional and retail confidence. 

Top Crypto Gainers Today, September 18 - MemeCore, PENGU, SPX6900
Source: TradingView

The creation of higher highs and lows constitutes a textbook increasing pattern, which is regarded as a continuation sign of an additional rising pattern. Moreover, a number of technical indicators favor the bullish thesis. The MACD indicator depicts positive momentum, signifying a bullish crossover and positive movement.

2. Pudgy Penguins (PENGU)

Pudgy Penguins has emerged as the second top crypto gainer today after recording a gain of 12% over the past 24 hours. As of this writing, the price is resting around $0.0378 with a market cap and trading volume of $2.36 billion and $650 million, respectively. Moreover, the memecoin has surged by 10% and 17% on the weekly and monthly charts.

Source: CoinMarketCap

PENGU has broken out of the downward channel, and the momentum has turned upwards. The memecoin has surpassed the $0.030 support zone, and it is currently trading between $0.037 and $0.039. The breakout is a sign of renewed strength following weeks of limited movement, according to analyst Ali Martinez. Buyers have also defended the retracement at or below $0.0306, which favors the bullish arrangement.

In addition, the resistance has been noted at $0.045, with the second extension at $0.0466. An upward trend above this line may create a path to reach $0.0643 and $0.0761. The projections also indicate a target of around $0.090, which coincides with psychological resistance.

3. SPX6900 (SPX)

SPX is exchanging hands at $1.43 with a market cap of $1.33 billion. The memecoin has seen an explosive surge of 90% in its trading volume, pushing its value to $50 million. SPX has developed a key support at the $1 region, while the major resistance lies around the $1.50 region.

Source: CoinMarketCap

SPX is signaling strength, as analysts are monitoring a revived upside momentum. The new price movement indicates a new consistent recovery after months of consolidation. Technical setups indicate that the market could be ready to make another decisive run in the coming sessions.

Market analyst Friedrich pointed out that one of the primary drivers may be the broader meme sector. He identified Dogecoin as a catalyst and pointed out that a level of $0.35 is a significant level that should be broken. Once it is broken, meme-related momentum can be transferred to SPX, leading to sharp movements.

eToro Platform

Best Crypto Exchange

  • Over 90 top cryptos to trade
  • Regulated by top-tier entities
  • User-friendly trading app
  • 30+ million users
9.9

5 Stars

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Advertisement

Banner

Advertisement

Banner

Advertisement

Banner