Memecoins are heating up again… but something bigger may be happening.
Pudgy Penguins ($PENGU) just climbed to the top of the trending list on CoinGecko.
At the same time, several mid-cap altcoins — including Kite — are quietly approaching new all-time highs.
This suggests capital isn’t leaving crypto… it’s rotating into selective narratives like memecoins and emerging alts.
In early market cycles, trend leaders often appear before the full altcoin rally begins.
Are memecoins about to spark the next altcoin wave? 👇