Binance Alpha: PUFFER & MOODENG – Speculative Surge Follows Spotlight

After receiving a spotlight on Binance’s Alpha Projects program, Solana-based meme tokens PUFFER and MOODENG experienced a significant surge in price. The inclusion on May 11th generated renewed investor interest and boosted trading volumes significantly. This excitement raises the question: is this rally sustainable or just another fleeting pump fueled by hype? PUFFER shows consolidation around its $0.27 support level, awaiting either a breakout or further correction. Meanwhile, MOODENG’s price soared 81%, driven by viral appeal and strong community backing. Both tokens exhibit unusually high volume-to-market cap ratios, indicating significant speculative activity. Binance’s spotlight has reignited the buzz around these meme coins, prompting investors to examine their potential for continued growth.