Cryptocurrency
Pengu, Bonk Lead Top Meme Coin Gainers as Some Analysts Think Solaxy and Flockerz are Next to Pump

It’s been a wild week in the crypto market, with Bitcoin grabbing headlines as it soared to a new all-time high of $108,268 before crashing back under $100k. Meanwhile, meme coins have followed suit, with majors like Dogecoin climbing over $0.41 before falling to $0.325 today.
Behind the volatility in these headline-grabbing tokens, meme coins have been on a tear. The most explosive gains have come from newer tokens like $PENGU and Solana meme coins like Bonk, both of which have been working their way up the meme coin charts.
Meanwhile, meme coin ICOs like Flockerz and Solaxy are seeing increasing momentum.
Let’s take a closer look at all the action in the meme coin market as we head into the final stretch of 2024.
Meme Coin Sector Marches Upward, Led by $PENGU and $BONK
The meme coin sector spent much of early December extending its winning streak, adding more than $17 billion to its total market cap between December 1 and December 8. The sector’s valuation has fallen to $96 billion in recent days, mostly driven by Dogecoin’s losses.
But look beyond Dogecoin, and the meme coin market offers a very different picture. In the past 24 hours alone, Pepe is up 11.7%, Shiba Inu is up 8.4%, and Dogwifhat is up 5.3%.
The biggest winners of this upward trend have been tokens like Pudgy Penguins ($PENGU) and Bonk, which are up 11.2% and 12.3%, respectively, since yesterday.
Bonk’s gains helped it overtake $WIF to become the top Solana meme coin by market cap—a cat-and-mouse game the two tokens have played for months, and which Bonk looks increasingly likely to win.
Plus, technical analysis indicates there could be more gains for $BONK just around the corner. Using Elliott Wave analysis, @ManofBitcoin on X stated a potential pump to $0.000118 might come when Bonk breaks out of its current trend.
$BONK: The price has formed a wick to the downside but the daily candle closed above the trend line. So wave-4 is still valid. pic.twitter.com/3bz8iZ7EFX
— Man of Bitcoin (@Manofbitcoin) December 20, 2024
The gains in $PENGU are especially noteworthy because they represent continued momentum since the token listed on Binance on December 17. $PENGU is up nearly 500% since the listing and has a market cap of $1.8 billion, making it the 6th-largest meme coin overall within just days of its launch.
Meme coin traders and analysts have taken note of an emerging trend for which $PENGU is just the latest data point: Binance has the power to create winners out of emerging tokens in the meme coin market simply by listing them.
Figuring out which tokens the exchange will list next is now one of the best ways to find profits in the meme coin market.
Some Analysts Eye Emerging Meme Coins $SOLX and $FLOCK for Massive Gains
While it’s impossible to know which coins Binance’s listing teams have their eyes on next, a number of analysts are watching two emerging meme coins that they think could be destined for the exchange.
The first is Solaxy ($SOLX), a new project that plans to build the first Layer-2 scaling solution for Solana. While the $SOLX token is primarily a utility token, it makes a nod to the meme coin market by using a surfing, mustachioed Pepe as its mascot.
The $SOLX token presale is on now and has raised more than $4 million in less than a week, raising expectations that this project could be huge. A couple of analysts are certainly excited about Solaxy because of its potential to benefit from the meme coin supercycle.
The Solana blockchain already struggles from congestion issues, and a surge in meme coin trading could make these problems worse. Solaxy provides a solution for meme coin traders by offering a faster and cheaper Solana-based network for executions.
Another project on crypto some analysts’ radar is Flockerz ($FLOCK), a viral new meme coin that’s pioneering a vote-to-earn mechanism to engage and reward its community.
Under the vote-to-earn scheme, traditional staking rewards are thrown out the window. Instead, proposals for new development, partnerships, and how to use the $FLOCK treasury are voted on by the Flockerz community. Every time investors vote, they receive $FLOCK tokens as a reward.
This approach has the benefit of bringing the community together to build a more vibrant project while ensuring that investors get a real say in the project’s future through their $FLOCK tokens. Analysts like ClayBro are bullish on this approach, declaring Flockerz a ‘top meme coin to buy now.’
$FLOCK is also a hit with investors, who have poured more than $7 million into the Flockerz token presale so far. With that kind of backing, it’s likely that Binance might closely be watching this presale and could put its weight on the scales with a listing after the $FLOCK token launches.
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Cryptocurrency
Ethereum Foundation, Whales, and Hackers: What’s Driving the ETH Sell-Off?

TL;DR
- Whales, hackers, and the Ethereum Foundation wallets moved over $500M in ETH through large sales and withdrawals.
- Ethereum transfers rose to 4.6M ETH, nearing the monthly high of 5.2M recorded in July.
- Staking inflows hit 247,900 ETH, the highest in a month, locking more supply from trading.
Large Withdrawals and Whale Activity
Ethereum (ETH) has seen heavy movement from major wallets over the past few days. On-chain data from Lookonchain shows a newly created wallet pulled 17,591 ETH, worth $81.62 million, from Kraken in just two hours.
Over three days, two new wallets withdrew a combined 71,025 ETH, valued at $330 million, from the exchange.
One of these wallets, address 0x2A92, has withdrawn 53,434 ETH, worth $242.34 million, in two days. This includes a recent purchase of 30,069 ETH, valued at $138.46 million, during a market drop.
Major ETH Holders Offload Millions Amid Price Rally
In contrast, several separate entities have been disposing of some ETH holdings. A wallet tied to a hacker address 0x17E0 sold 4,958 ETH for $22.13 million at $4,463, securing a profit of $9.75 million. Earlier this year, the same address sold 12,282 ETH at $1,932 and later bought back part of the amount at higher prices.
A different whale sold 20,600 ETH for $96.55 million over the past two days, generating a profit of more than $26 million after holding the position for nine months.
Meanwhile, an Ethereum Foundation-linked wallet, 0xF39d, sold 6,194 ETH worth $28.36 million in the last three days at an average price of $4,578.
Recent sales from the same wallet included an additional 1,100 ETH and 1,695 ETH for over $12.7 million combined.
The #EthereumFoundation-linked wallet(0xF39d) sold another 1,300 $ETH($5.87M) at $4,518 ~11 hours ago.
Over the past 3 days, this wallet has sold a total of 6,194 $ETH($28.36M) at an average price of $4,578.https://t.co/4hfCWymHVG pic.twitter.com/ErUyEY8SJy
— Lookonchain (@lookonchain) August 15, 2025
Network Activity on the Rise
CryptoQuant data shows Ethereum’s total tokens transferred have been climbing since August 9. After ranging between 1 million and 3 million ETH through late July and early August, transfers have risen to 4.6 million ETH, approaching the monthly high of 5.2 million recorded in mid-July. This increase has occurred alongside a price rally from about $3,400 to $4,600.
Interestingly, staking inflows generally stayed between 20,000 and 80,000 ETH per day over the past month. On August 14, inflows jumped to 247,900 ETH, the highest in the period.
At the time, ETH was trading near $4,600. Large staking deposits reduce the amount of ETH available for immediate trading, as staked coins are locked for a set period.
In the meantime, ETH trades at $4,647 with a 24-hour volume of $68.25 billion, down 2% on the day but up 19% over the week.
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Cryptocurrency
Massive DOGE Whale Activity Hints at $1 Breakout

TL;DR
- Whales bought two billion DOGE this week, lifting their combined holdings to 27.6 billion coins.
- A single 900M DOGE transfer worth $208M to Binance drew attention to large exchange movements.
- DOGE broke key resistance, with momentum building for a possible push toward the $1 price mark.
Price and Market Moves
Dogecoin (DOGE) traded at $0.23 at press time, slipping 4% over the past day but still showing a 2% gain for the week. Daily turnover came in at about $6.18 billion.
Meanwhile, the broader crypto market saw over $1 billion in liquidations. Hotter-than-expected US Producer Price Index data pushed traders to scale back expectations of a near-term Federal Reserve rate cut. DOGE had roughly 290,500 coins liquidated during the sell-off.
On the two-week chart, analyst Trader Tardigrade notes that DOGE has cleared a downward-sloping resistance line after completing what appears to be a “wave V” in an Elliott Wave sequence. Similar setups in the past, where prolonged declines stayed within falling channels before breaking higher, have been followed by sharp rallies.
$Doge/2-week#Dogecoin is gaining strong momentum to surge above $1 pic.twitter.com/TuSEKr19nv
— Trader Tardigrade (@TATrader_Alan) August 15, 2025
Momentum gauges are also turning up. The Stochastic RSI, which had dropped into oversold territory, is now heading higher. Previous reversals from this zone have coincided with sustained upward moves. The current formation points to a possible run that could carry DOGE past the $1 mark.
Heavy Whale Buying and Large Transfers
As reported by CryptoPotato, blockchain data shows large investors have added two billion DOGE in the past week, spending just under $500 million. That brings their holdings to about 27.6 billion coins, or 18% of the supply. The buying streak has prompted speculation within the community.
Recently, Whale Alert flagged a 900 million DOGE transfer worth about $208 million into Binance. The tracking indicates that it originated from a wallet connected to the exchange, likely as an internal activity. The address involved holds 2.88 billion DOGE, one of the largest balances on the network.
Ali Martinez also reports that transactions above $1 million reached a one-month high, with activity building since early August and peaking as DOGE traded at $0.25.
Whales are back! Dogecoin $DOGE activity at a 1-month high. pic.twitter.com/C83Pv68mCt
— Ali (@ali_charts) August 14, 2025
Sentiment Building
Analyst Gordon described the current setup as “a nice bit of consolidation” before a potential breakout, adding,
“This will be one of the first coins normies FLOCK to & the pump will be MASSIVE.”
With whale accumulation rising, high-value transfers increasing, and a bullish technical pattern in play, DOGE is positioned for a potential push toward $1 if momentum holds.
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Cryptocurrency
Ripple Price Analysis: XRP at Risk as Key Support Levels Could Trigger Sharp Drop

XRP has recently entered a consolidation phase after a strong rally earlier this summer, with the price action now hovering around key resistance levels on both its USDT and BTC pairs. Yet, while momentum has slowed, the charts still indicate a generally bullish structure, with multiple key support levels remaining firmly in place.
Technical Analysis
By ShayanMarkets
The USDT Pair
On the XRP/USDT daily chart, the price is currently trading near the $3.10 mark, facing a strong resistance zone around $3.40. This follows a breakout above the $2.70 range in July, which has now flipped into a support area.
Both the 100-day and 200-day moving averages are also trending upward and recently formed a bullish crossover around $2.45, reinforcing the medium-term bullish sentiment. If the $3.40 resistance breaks, a push toward the critical $4.00 range becomes likely.
However, the RSI hovering near the neutral 50 level suggests a lack of strong momentum for now, meaning a short-term pullback into the $2.80 support zone is still possible.
This zone will be key for maintaining the bullish structure. Losing it could open the door for a deeper correction toward the 200-day moving average located around the $2.40 mark. Yet, as long as the price stays above the moving averages, the broader trend remains bullish.
The BTC Pair
Looking at the XRP/BTC chart, the pair has recently pulled back after hitting the 3,000 SAT resistance, with the price currently around 2,600 SAT.
This follows a clean breakout above the long-term descending channel and a successful retest of its upper boundary, which coincided with the 200-day moving average and the 2,400 SAT support zone. This confluence remains a key bullish technical factor, as holding above it could attract renewed buying pressure.
That said, RSI levels around 48 show that momentum has cooled after the sharp July rally, meaning XRP may continue ranging between 2,400 SAT and 3,000 SAT in the near term. A decisive close above 3,000 SAT would likely open the path to the 3,400 SAT zone, while losing 2,400 SAT could shift the bias back toward 2,000 SAT support. For now, the structure still favors the bulls as long as higher lows remain intact.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
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