After an explosive May, the crypto market has entered a consolidation phase over the past few days. Now, investors are searching for the next tokens that could explode once a new rally begins.
With the meme coin market always ready to stun investors with sudden gains, let’s explore which tokens have the best breakout potential.
Snorter (SNORT)
Snorter is a utility token designed to enhance the project’s upcoming Snorter Bot. Currently, the token sells for $0.0941 each, making its current presale stage an ideal entry point as it’s expected to reach $0.1053 as the presale goes on.
Set to launch as a Solana-based Telegram trading bot, Snorter Bot will be expanding to other chains in the future, potentially attracting new holders and boosting the value of SNORT.
While most existing trading bots charge a 1% fee, Snorter Bot intends to charge only 0.85% to those holding SNORT.
Combined with lightning-fast transaction speeds and built-in portfolio overview features, Snorter Bot could quickly establish dominance in the Telegram trading bot sector.
Plus, it will launch featuring advanced investor security measures such as honeypot, rugpull, and mint detection and MEV protection.
For user convenience, the Snorter Bot will include copy trading and automated sniping, ensuring they stand a chance to compete with whales and insiders.
Presale analysts from 99Bitcoins pointed out that Snorter features a refer-to-earn (R2E) rewards program, which distributes 5% of each presale transaction’s worth to those bringing new investors to the project. Visit Snorter.
Neiro (NEIRO)
Meme coins like NEIRO experience unpredictable swings during bull runs, often outpacing much more elaborate projects with massive gains.
Named after the Shiba Inu dog that was taken in by the same person who owned Kabosu, the Shiba Inu that inspired Dogecoin (DOGE), NEIRO thrives on community-driven hype.
Although it lacks utility, the Neiro Foundation encourages the token’s community to donate for the benefit of animals worldwide.
One of the highest-profile donations includes a $530,268 contribution by Vitalik Buterin, which boosted NEIRO’s visibility and helped it reach its all-time high (ATH) of $0.003 in 2024.
While NEIRO significantly declined in value since then, entering this May priced at $0.00023, it has shown strength over the past 30 days, growing by over 110%.
RoccobullboTTom, a chart analyst, believes NEIRO’s current price in the $0.0004 range represents an excellent accumulation zone.
Anticipating a surge past the $0.001 mark for the token over the next few weeks, he believes NEIRO’s support will keep it above its current price until the breakout.
The token’s long/short ratio of 1.7 underscores that traders agree, as over 63% expect it to grow in the short term.
Pudgy Penguins (PENGU)
Pudgy Penguins transitioned from one of the most beloved NFT collections into a multifaceted Web3 ecosystem.
Its native token, PENGU, is now at the center of its ecosystem, and it was met with a successful launch thanks to the project’s massive community and strategic partnerships.
Although its current price of $0.01017 is a far cry from its ATH of $0.05738, crypto expert Broski expects it to reach new highs this summer.
Following a breakout from its long-term descending channel in early May, the expert believes PENGU’s next upward move could result in explosive gains, placing a target beyond the $0.12 mark.
Throughout May, Pudgy Penguins expanded their community-oriented product lineup with the inclusion of Pengu Clash, a Telegram-based game. Plus, the month saw the 500th Polar Challenge machine shipped.
As PENGU receives constant visibility boosts through a combination of real-life and online marketing and expands its use cases, the token stands a solid chance to pick up momentum this summer.
Plus, its recent growth positioned it just below its 50-day Simple Moving Average (SMA) of $0.0109. If breached, the crucial moving average could turn into strong support, bolstering bullish sentiment around the token.
LOFI (LOFI)
Launched on the SUI chain featuring a yeti mascot, LOFI emerged in late 2024 as an alternative to seemingly endless frog, cat, and dog-themed tokens.
Besides its distinct memetic appeal, LOFI distinguishes itself with a unique goal centered around various environmental causes. Boasting over $114,000 raised, LOFI’s charity efforts have already helped create over 20,000 gallons of water and remove tons of plastic from the oceans.
Although its community-oriented nature helped LOFI surge from $0.01 to $0.21 shortly after its launch, the token is priced at $0.044 today. However, it is still slightly above its 50-day SMA of $0.043, which is often seen as a bullish indicator of upside potential in the short term.
Technical analyst Solberg Invest expects LOFI’s price to fluctuate between $0.035 and $0.05 until mid-June, when he believes it will start rallying.
Predicting a surge beyond $0.06, which would mark a breakout from its sloping barrier that has previously defined the upper bounds of its price action, Solberg Invest believes LOFI will more than double in value from its current price by July.
With a large community and official merch already boosting its visibility, LOFI’s future strategic partnerships could make it a breakout star this summer.