Looking for the next big crypto token? These five trending crypto projects namely MemeFi, Omni Network, Fireverse, Pudgy Penguins, and PlaysOut are gaining attention fast for their utility, hype, and strong communities.
On August 11, 2025, Binance plans to delist the perpetual futures contracts of MEMEFI. This appeared to be bad news initially but carried the price up. Traders were hurrying to get out of their short positions, i.e. they had to buy MEMEFI back and it led to a short squeeze.
This led to an immediate increase in spot trading where the day-to-day volume rose more than 30 times to 456 million dollars. There was a decline in open interest,7.3 percent, before delisting. Whereas this contributed to the increase in the price in the short run, it also implies that MEMEFI will lose a substantial trading alternative, which may lead to the price getting more subject to fluctuations following August 11.
MemeFi is a fun new Web3 mode that transforms Telegram mini-apps into games or dApps and is a mixture of memes, games, and blockchain and has reached millions of users.
Benefits
Extracts Telegram huge hoards of users (55M players and 10M wallets).
Provides real game experience with incomes due to the integration of Sui blockchain.
Ads platform generates revenue which makes the project more sustainable and convenient.
OMNI was listed on Upbit, the largest cryptocurrency exchange in South Korea on July 29. This is ushered in by a big number of working retail traders. Because of this, the trading volume of OMNI increased by 2100%, totalling to 904 million dollars, and Upbit contributed 32 percent of it. This listing increased the confidence in OMNI and brought the attention of Korean investors who frequently generate large price swings.
Over the course of the next day, 24 hours, nearly 11 million dollars worth of short positions were closed, with most having been traders betting against the price. This produced a short squeeze which made the price rise even further. In the future, however, good activity on the KRW pair of the Upbit exchange may keep OMNI afloat.
Omni bridges all the Ethereum rollups to a single destination, to facilitate an application to easily operate across chains without disruption.
Benefits
Resolves rollup fragmentation on Ethereum with a single developer platform.
Provides Ethereum security through EigenLayer to increase trust and safety.
It has solid investor confidence with the support of big players such as Coinbase.
Fireverse (FIR) also debuted on Binance Alpha on August 6 at $0.08 as the initial price. During the debut, Binance also provided an airdrop through which users in possession of 200+ Alpha points could receive 1,000 FIR tokens. This arrangement encouraged most speculators to immediately purchase FIR, increasing its demand and exposure. Although this initially caused prices to increase, there is a possibility of a sell-off later on as individuals who received their tokens for free can choose to sell.
In addition to that, FIR trended on social media following a viral X post that asserted a 201% price increase and complimented its AI music features. That said, there were some figures in the post such as its $94 million market cap that were probably inflated, as real-time data reflected just $14.5 million.
Fireverse offers an AI and blockchain-based platform that enables anybody to make, share and secure music in a new Web3 environment.
Benefits
AI programmes enable you to create music fast and with ease, to start with nothing.
Blockchain makes poaching of copyrights impossible and rebates having to flow to them.
Early growth and community engagement are enhanced by airdrops and hype.
As of Aug 5, whales were accumulating 14 billion PENGU tokens, their highest in 3 months. Despite the fact that PENGU's price fell recently from $0.04 to $0.03, such big buyers purchased 1 billion tokens within five days. This level of whale action indicates strong faith in PENGU's future.
Their purchases soak up sell pressure and sustain the price. Additionally, the PSG1 Console mechanism burns tokens to decrease supply, which might increase the token's value in the long term. Nevertheless, it's crucial to observe whether whales continue purchasing or commence selling if the price approaches the $0.04 level once more.
Pengu is not simply a meme coin, it is the core of a viral brand of NFTs with huge reach and societal influence.
Benefits
Big brands adore her and even include her in worldwide advertising campaigns.
Brings regular people into contact with crypto in an entertaining community atmosphere.
The long-term sustenance is assisted with whale support and token burns.
On August 1, Binance launched a staged airdrop of PlaysOut (PLAY), in which participants were obliged to possess Alpha Points in order to get free tokens. First, during the first 18 hours, it took the users 228 points to earn, which was then dropped to 200, thus prompting FOMO and temporary buying interest as individuals scramble to get their share before it gets done. Such an arrangement has the effect of creating FOMO and temporary purchasing pressure.
PLAY's volume went up 509% to $34.5 million within 24 hours, reflecting high speculative interest. Although this kept prices surging, there is always the risk that holders will offload their free tokens for profit, particularly because only 7.47% of the supply is in circulation.
PlaysOut mobilizes the mini-games of Web3 in prominent applications, enabling builders to make money and grow across the Web2 and Web3 realms.
Benefits
Airdrop listings and events produce a high trading volume and interest.
Allows you to add games into social applications in a moment.
Allows token-based rewards and interaction in an effective smooth system.
These tokens stand out for their innovation, user growth, and market momentum. Whether you’re into gaming, DeFi, or memes, they offer exciting entry points in today’s fast-moving crypto space.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.