Will Pudgy Penguin Price 5X After $PENGU Coin 24% Rally Today?

CN
10 hours ago

What’s PENGU Coin Price Prediction After Pudgy Penguin Price Surge 24%

In a surprising turn of events, Pudgy Penguins price has appreciated more than 24% in the last 24 hours and is priced at $0.01208. The 24-hour volume increased by 319%, and reached $449.75 million, indicating renewed interest in this meme-NFT ecosystem.

But this isn’t just a coincidental pump. There are 3 big reasons that pulled PENGU coin into the limelight again. If you are wondering what will be Pudgy Penguins price prediction going further then, it involves both technical and fundamental analysis.

Why Is Pudgy Penguins Going Up? 3 Big Catalysts Explained

1. Pengu  Upbit Listing , and Volume Shot Up

One big reason why the PENGU coin price surged is because it was recently listed on Upbit. People can now buy it using KRW (Korean Won), USDT (Tether), and BTC (Bitcoin). This made it much easier for Korean investors to trade the token. That’s why trading activity suddenly jumped.

2. ETF Filing Fuels Institutional Interest

Further intensifying the rally is a Cboe/Canary Capital ETF filing (19b-4) at the SEC adding to a future ETF with $PENGU. This kind of move usually attracts broader interest, as it shows potential for institutional exposure — a rare development in the meme coin segment.

3. Technical Breakout Creates FOMO

After months of moving sideways, the chart has broken out of a falling wedge — a common pattern signalling a trend reversal.

Being a crypto analyst, I would say this looks like a solid short term move, but caution is warranted - the token is indeed slightly overbought right now.

Analyst Reactions: “In July, We Will Fly”

Top traders are now watching this coin closely. Crypto Raven stated that $PENGU is forming a bullish flag and maintaining support above short-term EMAs (10, 13, 20). He advised:

“If you’re planning to buy, accumulate small portions now. And if it dips — just DCA more.”

PENGU Coin Rally

Technical Indicators Confirm Bullish Strength

In the Pudgy Penguin news today , the 2-hour Coinbase chart on TradingView paints a very bullish picture:

Pudgy Penguin Price Surge Today

  • MACD: Strong upward gap between MACD and signal line

  • RSI: At 75.79, signaling overbought conditions — but also high demand

  • EMA Support Zones: $0.0108 to $0.011

  • Upcoming Resistance: $0.013 and $0.014

This chart behavior supports the growing sentiment that PENGU is building strength, not just momentum. Many traders are calling this a key breakout phase following weeks of quiet consolidation.

Meanwhile, Ali Martinez noted on X that TD Sequential has flashed a buy signal, a setup that often leads to accelerated price action. With ETF speculation adding to the mix, Martinez believes PENGU price target could retest $0.012–$0.014 very soon.

PENGU Coin Price Prediction

Source: Ali Martinez X Account

Pudgy Penguins Price Prediction : What’s Next for This Token?

If you're looking for the PENGU price prediction for 2025, here's a segmented outlook based on market sentiment and technical data.

Short-Term (Next 7 Days)

After the breakout, a brief cooldown toward $0.011 may happen, followed by a test of $0.013–$0.014 if bullish momentum continues.

Mid-Term (2–3 Months)

With continued NFT revival and strong community interest, the PENGU price target could rise to $0.018–$0.022 by Q3 2025.

Long-Term (End of 2025)

Assuming a macro bull run, sustained brand value, and more Web3 integrations, the coin could target $0.05+, especially if ETF approval materializes.

These estimates align with overall pudgy penguins price prediction ranges discussed by leading analysts across the ecosystem.

Final Thoughts: Pudgy Penguins Could Lead the Meme Coin Comeback

Whether it be ETF speculation or the revival of its parent NFT collection, Pudgy Penguins price prediction and this 24% rally has re-emerged into the market narrative with a lot of force.

Heading into July, sentiment is still positive. If these technical and narrative forces continue to align, it could lead the next leg of meme coin growth. So if you are asking "why it is going up?” then you should know now "how high can it fly after this coin price analysis.

Disclaimer: This article is for informational purposes only. Always conduct your own research before investing in any cryptocurrency.

Also read: CEX.IO Power Tap Daily Quiz Answer Today 29 June 2025: Win Big!

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