From Rock Bottom to Rocket Launch: These 3 Solana Memecoins Are Turning Heads!

Jakarta, Pintu News – CCN mentioned that meme coins managed to dominate the news throughout 2024.

Tokens mostly built on the Solana (SOL) blockchain have soared to very high valuations in a short period of time. However, the euphoria was short-lived and began to fade in 2025.

Within months, most of these meme coins plummeted – many losing more than 90% of their value and disappearing from the public spotlight.

But towards the end of this week, there was a surprising turnaround. Some of Solana’s memecoins that were previously thought to be “dead” began to show signs of revival, with double-digit price jumps rekindling hope among his early supporters.

In this analysis, CCN highlights three Solana coin memes that were once the talk of the town due to their extreme price spikes – and now appear to be making an unexpected comeback.

Moo Deng (MOODENG)

Moo Deng (MOODENG), a memecoin on the Solana network inspired by a Thai baby hippo, is leading the resurgence of meme coins. The token recorded the biggest price spike in the past week.

By November 2024, MOODENG’s market capitalization had soared past the $600 million mark – an achievement that most other memecoins struggle to achieve. However, in early May 2025, the capitalization plummeted to below $40 million, with MOODENG’s price dropping to $0.037.

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However, in the last seven days, MOODENG’s price has jumped more than 200%, touching $0.13.

According to a report from CCN, this surge comes as demand for Solana-based memecoins increases, especially when the SOL price tests the $170 level again. Technically, the daily chart shows that Moo Deng’s price increase managed to break out of a descending triangle pattern.

This price surge also caused the Relative Strength Index (RSI) to rise to 88.79 – signaling a strong bullish momentum. However, it also shows that MOODENG is inoverbought territory.

Interestingly, the green line on the Supertrend indicator is below the current price, indicating a strong support level. If these conditions hold, MOODENG could potentially go up to $0.17 in the short term.

Conversely, ifprofit-taking increases, MOODENG prices could correct back below $0.10.

Peanut the Squirrel (PNUT)

Peanut the Squirrel (PNUT), another animal-themedecoin on the Solana network, also performed impressively this week.

Having previously recorded a market capitalization of nearly $2 billion by the end of 2024, the token stole the show again with an 80% price surge in the last seven days, pushing its valuation to $315 million.

This resurgence has been driven by a drastic surge in trading volume, which has now surpassed $800 million – a level that has not been reached in recent months. If this upward trend in volume and price continues, PNUT’s market capitalization has the potential to rise even higher in the near future.

Since February, the PNUT price has been trading in the range of $0.12 to $0.26. However, with the latest spike, the token managed to break that upper limit.

At the time of writing, the Chaikin Money Flow (CMF) indicator rose to the 0.20 level, indicating strong buying pressure. The Money Flow Index (MFI) also followed a similar direction, reinforcing the bullish signal.

If this trend continues, PNUT prices could potentially rise to near $0.47. On the other hand, if selling pressure increases, this trend could reverse and PNUT prices could drop below $0.24.

Goatseus Maximus (GOAT)

The AI-themed memecoin Goatseus Maximus (GOAT) was the last on Solana’s list of memecoins to experience a significant recovery. To date, GOAT is still down 91% from its all-time high.

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However, in the past week, its market value jumped by almost 50% and is now trading at around $0.12. On the 4-hour chart, this surge occurred after GOAT broke out of a falling wedge pattern.

During this rise, the Moving Average Convergence Divergence (MACD) indicator also moved into the positive zone, indicating bullish momentum.

If this trend holds, the GOAT price has the potential to rise to the top of the shadow(wick) at $0.13.

Conversely, if there is increased profit-taking on GOAT, the token’s price could correct back down towards the $0.089 level.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CCN. These 3 Solana Memecoins Just Bounced Back After Everyone Thought They Were Done. Accessed on May 12, 2025