Top Memecoins to Invest in Today, June 6 – SIREN, Doge, PENGU

Highlights:

• SIREN is holding support between $0.45 and $0.60 after breaking out of a long trading range.
• DOGE has fallen to $0.08 after losing the key $0.089 support level during the market selloff.
• PENGU is testing the $0.0059 support zone as buyers attempt to stop further downside.

The crypto market is down today, primarily driven by continued liquidations of long positions. According to CoinGlass data, total liquidations over the past day come to $1.88 billion, with $1.52 billion in long liquidations wiped from the market. The liquidation
of long positions has created a loop of selling, driving the market lower.

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As of press time, the overall market cap is down 5.18% to $2.07 trillion. However, the trading volume is up 35.57% to $165.91 billion. The fear and greed index stands in the extreme fear zone at an index of 13.

On the memecoin market, the market cap is down 11.5% to $28 billion, and the trading volume stands at $4.66 billion, according to CoinGecko data. With the latest wave of liquidations in the crypto market, here are the top memecoins to invest in today.

Top Memecoins to Invest in Today

1. Siren (SIREN)

Siren, a memecoin on the BNB blockchain, is trading at $0.7364, down 1.91% over the last 24 hours. The market cap stands at $535.27 million, while the trading volume is down by 52.6% to $39.93 million. Despite today’s small pullback, SIREN stands out as one of the top memecoins to invest in, with a 50.95% increase on the weekly chart.

SIREN is continuing to play out according to a recent analysis by Alice Crypto. The memecoin has broken above a trading range that contained the price action for several weeks. This move suggests buyers have regained control after a long period of consolidation.

$SIREN

UPDATE #SIREN is getting a good support here. In this move we can see gain upto 250%+ ✍🏻#SITENUSDT #SIRENBTC #BTC #Bitcoin #NFTs pic.twitter.com/8LMvlGGEvC

— Alice Crypto (@Allice_Crypto) June 4, 2026

The area between $0.45 and $0.6 remains the most important support zone on the chart. Buyers repeatedly defended this region throughout April and May. As a result, the zone became the foundation for the latest breakout. As long as SIREN remains above that zone, the bullish outlook remains intact. The memecoin may rise to $1.96 if the broader market recovers.

2. Dogecoin (DOGE)

Dogecoin is trading at $0.08022, down 7.3% over the past day. However, the trading volume is up 79.1% to $2.01 billion, while the market cap stands at $13.65 billion.

Dogecoin has slipped below the $0.089 support level as the broader market weakness continues to pressure risk assets. The recent decline pushed DOGE to its lowest level in several months and extended the downtrend that began after the May rally.

Momentum faded quickly after Dogecoin failed to hold above the $0.107 region. Buyers briefly regained control in May, but that recovery lost strength before reaching higher resistance levels. Consequently, DOGE returned to the lower end of its trading range.

The $0.089 zone now becomes the most important level to monitor. Despite the latest weakness, the decline appears closely tied to the broader market selloff rather than a Dogecoin-specific event. As the overall market sentiment improves, DOGE could attract renewed buying interest. A recovery above the support zone would strengthen that case and potentially open the door toward $0.107. Beyond that, the $0.148 region remains the major upside target of the memecoin.

3. Pudgy Penguins (PENGU)

PENGU is trading at $0.006065, a 9.89% decrease over the last 24 hours. The market cap stands at $381.27 million. Meanwhile, the trading volume of the memecoin is up by 38.32% to $171.7 million.

PENGU has returned to the $0.0059 support zone after losing momentum from its May recovery. Several rebounds have started from this region during the past few months. That history suggests buyers still view the area as a fair value zone.

The first resistance sits near $0.01. PENGU struggled around that level during the previous rally and failed to push higher. If buyers defend the $0.0059 zone and the broader crypto market rebounds, PENGU could first recover toward $0.01, then to $0.0237.

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