Solana-based meme coins PUFFER and MOODENG are making waves again after their inclusion in Binance's latest Alpha Projects spotlight.

The announcement on May 11 injected fresh momentum into both tokens, sparking renewed investor interest and significantly boosting trading volumes.

Solana-based meme coins PUFFER and MOODENG are back in the spotlight after their inclusion in Binance’s latest Alpha Projects. The announcement on May 11 brought fresh attention to both tokens, sparking renewed investor interest and significantly boosting trading volumes.

As speculative appetite grows and community chatter intensifies, the question now is whether this surge has staying power or if it’s just another short-lived rally for these Solana meme coins.

A new batch of Binance Alpha Projects added today! Discover the latest tokens highlighted in #Binance Markets. $MOODENG$GOAT

Navigate to the [Markets] – [Alpha] tab to trade.

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PUFFER: Consolidation Before Next Breakout?

PUFFER is currently trading at $0.2836, showing a modest 5% gain in the past 24 hours. Earlier, the token spiked to a high of approximately $0.37 before undergoing a sharp correction. Since then, price action has stabilized, consolidating above the $0.27 support level. This base has held strong through recent volatility and now acts as a critical foundation.

(Chart: TradingView)

Related: KuCoin Lists Puffer (PUFFER) for Ethereum Scaling

Short-term support also exists around $0.28, which has seen price clustering since the correction. On the upside, resistance looms at $0.30 and again near $0.37, where the recent rally was rejected. These levels will be crucial if PUFFER aims to regain upward momentum.

PUFFER trading volume rose sharply to $85.33 million, a 209% increase. Its volume-to-market cap ratio stands at an eye-popping 290%, suggesting extreme speculative behavior.

Related: Solana Token Performance: Ecosystem Shines as MOODENG and GOAT Meme Coins Rally

A potential concern is that only 10% of PUFFER’s total supply is currently in circulation. This introduces a risk of dilution if additional tokens are unlocked.

MOODENG: Momentum Driven by Culture, Community, and Binance News

MOODENG, the Thai hippo-themed token, has seen a massive price explosion, now sitting at $0.2582—up over 81% in a single day. Starting from a low of just $0.01336, the token surged past $0.27 before settling slightly lower. The coin benefits from strong community backing and viral appeal, especially after it gained attention from Ethereum’s Vitalik Buterin.

(Chart: TradingView)

Support for MOODENG now exists at $0.2200 and $0.2500, both recent consolidation zones. Resistance lies near $0.2750, with no established levels beyond that. This opens the door for speculative price discovery.

Volume has skyrocketed to $1.14 billion. The turnover rate is extremely high, with a 446% volume-to-market cap ratio. Nearly the entire supply is in circulation, reducing inflation risks that affect many newer tokens.