$PENGU and $PUMP Gain Momentum — Many Investors Are Turning Attention to Bitcoin Hyper, a Notable Crypto Presale
Investor attention is heating up as the crypto market enters what looks like the early stages of a bull phase. Most major coins are flashing green, but meme coins are stealing the spotlight.
Pudgy Penguin ($PENGU) has skyrocketed by 107% in just one week, while $PUMP, a new Solana-based token created by the Pump.fun team, raised $600 million in only 12 minutes before making its exchange debut. It has already climbed another 9% in just two days.
Some investors are showing interest in a new crypto presale that may quietly become one of the top picks of this cycle.
Bitcoin Hyper ($HYPER) aims to introduce a Layer 2 solution for Bitcoin and includes utility features. Let’s check out the details.
Meme Coins Are Booming with $PENGU and $PUMP – But This Newcomer Might Outshine Them All
Since launching in 2013, meme coins have been a hot topic on the crypto market, known for their wild price swings and stories of unexpected fortunes.
Their unpredictable nature continues to attract attention, and right now, all eyes are on $PENGU, the native token of Pudgy Penguins.
$PENGU’s ETF spot application
Over the past week, $PENGU has skyrocketed by 107%, now trading at $0.03185. Even more impressive, it’s up nearly 220% over the last month.
The rally was sparked by news that Canary Capital filed for a spot ETF tied to $PENGU, which the SEC recently acknowledged.
This officially marks the beginning of the regulatory review process. If approved, it could pave the way for the first meme coin ETF in the US, potentially opening the floodgates for institutional capital.
$PUMP 7-day chart, Source: CoinGecko
Meanwhile, $PUMP, the latest Solana-based meme coin launched via Pump.fun, has also captured headlines. Its crypto presale sold out in just 12 minutes, raising a staggering $600 million. Since debuting on exchanges two days ago, it has already shown steady gains of nearly 9%.
However, while these coins are making moves, smart money is moving to Bitcoin Hyper as one of the next trending meme coins in the sector.
Bitcoin Hyper Is Redefining What Bitcoin Can Do With Its High-Speed Layer-2 Solution
While the previously mentioned tokens are making waves, the new crypto presale, Bitcoin Hyper, could capture all the attention upon its release.
It proposes a Layer-2 blockchain for Bitcoin, intended to improve network functionality. Bitcoin is notorious for its 10-minute transaction times, which have plagued users since its inception.
With the introduction of Solana Virtual Machine (SVM), the project aims to offer faster transaction speeds while maintaining Bitcoin’s security.
The project also introduces smart contracts, allowing developers to create their own projects directly on Bitcoin’s network. This is a perfect upgrade, as BTC struggled to bring more value besides the transactional one.
Its total value locked (TVL) takes up only 5.41% of the total market with $7 billion, which is a stark contrast to Ethereum, which has more than $77 billion and nearly 60% market dominance.
Investors interested in $HYPER can find more information on the official website.
The ICO Is Doing Numbers – Is This the Hot Crypto Presale With Utility?
The project aims to establish itself in the meme coin market, and with its early-stage success, this might just happen. As of writing, over $3.1 million has been raised, indicating investor interest.
Tokens are currently available at $0.012323 each, with planned price adjustments in the future.
The team behind it is also working tirelessly to enhance $HYPER, and just recently, they introduced the multi-chain feature, allowing users to get it using Solana.
Additionally, the community is growing rapidly, with their X and Telegram pages now collectively counting almost 10,000 followers. Here, members can have various discussions, with the most recent one being “Bitcoin Hyper vs meme coin pumps”.
Some influential crypto figures are also giving their insights about this project, with ClayBro making several videos urging investors to secure their tokens before it’s too late.
The Future of Meme Coins Might Start With $HYPER
While $PENGU and $PUMP have gained attention for rapid short-term gains, some investors are considering projects with longer-term potential.
Bitcoin Hyper ($HYPER) aims to offer a solution with Layer 2 scaling, smart contract integration, and a growing community with its Layer 2 for Bitcoin, faster speeds, smart contract integration, and growing community traction.
In a cycle where utility matters more than ever, this $HYPER is quickly separating itself from the rest. For those interested in projects beyond momentum, this presale may be worth further research.
Disclaimer
Please be advised that all information, including our ratings and reviews, is for educational purposes only and does not constitute financial, investment, or trading advice. Crypto investing carries high risks, and CryptoNinjas is not responsible for any losses incurred. Always do your own research and determine your risk tolerance level; it will help you make informed trading decisions.
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