These 3 Solana Memecoins Are Ready to Explode in July, According to Analysis!

Jakarta, Pintu News – The memecoin category will be the most affected by the crypto market correction in early 2025.

However, the category experienced a recovery in April and is potentially poised for another upward movement.

This article will discuss three trending Solana memecoins with charts showing bullish tendencies and the potential to experience significant gains in July 2025.

PENGU Ready to Rise

Analysis of Pudgy Penguins (PENGU) shows that the price successfully broke the long-term downward resistance trend line in May.

Read also: 5 Coin Memes that Potentially Jump 13x in July 2025!

The upward movement that followed formed a five-wave structure, which likely marked the beginning of a bullish trend reversal.

Although PENGU briefly declined after reaching its highest price of $0.017 on May 14, the decline appears to be corrective in nature. This price movement is within a descending parallel channel and shows a lot of overlap.

PENGU prices bounced after touching the support trend line of the channel (green icon). This bounce was preceded by a bullish divergence on the daily Relative Strength Index (RSI) (orange).

After the bounce, the price managed to reclaim the 0.618 Fibonacci retracement support level at $0.009, which is also a horizontal support area.

As such, it is very likely that this memecoin has started a bullish trend reversal and will experience a price surge in July. If both upward movements have the same length, PENGU could potentially reach a high of $0.037.

WIF Ready to Penetrate

Dogwifhat (WIF) became the second memecoin to potentially experience a price spike in July, having previously completed a similar five-wave bull pattern in April.

Since then, the price corrected in a descending wedge pattern and bounced at the 0.618 Fibonacci support level (green icon).

Although the price of Dogwifhat attempted to break out of the pattern on June 25 but failed, it is currently preparing for its next breakout attempt. WIF’s chart does look less bullish compared to PENGU as there is no bullish divergence on the Relative Strength Index (RSI).

However, if there is a breakout from the wedge pattern, this will confirm the uptrend and potentially take WIF to a high of $2.76.

Read also: Top 4 Altcoins Worth Grabbing in July 2025!

MOG Breaks Downward Trend

The last memecoin that has the potential to register significant gains in July is MOG. The price of Mog Coin (MOG) has completed a five-wave bull pattern that started in April.

Since May 23, the price corrected, but formed an A-B-C structure (red) that ended with a bounce at the 0.618 Fibonacci retracement support level (green icon).

Shortly after, the price managed to break the descending resistance trend line, signaling that the correction phase was over.

Like WIF, the Relative Strength Index (RSI) on MOG is yet to show a bullish divergence. However, the MACD indicator has formed a bullish cross along with the break of the RSI resistance line.

If the next upward movement has the same length as the previous one, the price of MOG could potentially reach $0.0000019.

Overall, PENGU, WIF, and MOG are the three memecoins that are expected to experience price spikes in July.

All three started their upward movement since April and have completed the correction phase that started in May.

MOG has managed to break through its resistance line, while PENGU and WIF are in a position that is almost ready for a breakout.

Conclusion

If you are interested in exploring other tokens that are trending in 2025, you can utilize the Token Radar feature available on the Pintu Web3.

Through this feature, you can easily find tokens from various networks, complete with important information such as Token Address, Creation Date, 24-Hour Transaction Volume (Buy vs Sell), Circulating vs Max Supply, Holder Percentage, and direct links to each project’s official website.

Not only that, with the Token Radar feature, besides being able to swap tokens, you can also do Quick Buy practically directly from the token details page, without the need to move to another page. For more information about the Quick Buy feature on Pintu Web3, you can read this article.

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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. 3 Memecoins Poized for a July Breakout. Accessed on June 30, 2025