PENGU Price Poised for Faster Upward Momentum Than Anticipated

After reaching record highs, the price of PENGU has experienced a significant drop. Yet, a thorough market data analysis suggests that this downturn may be temporary.

Written by Gaston Cuny

Translated on August 13, 2025 at 13:20 by Marie

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Context of the Token’s Decline

Since its record high of $0.04, the PENGU price has entered a correction phase, primarily due to price consolidation and seller dominance in the market. However, recent inflation data has sparked encouraging signs of a possible trend reversal.

A PENGU price chart — Source: TradingView

Insider-linked wallets began offloading their tokens in mid-July, moving more than 66 million PENGU tokens to exchange platforms to realize profits. Additionally, the declining liquidity across most altcoins, with the exception of Ethereum, due to Bitcoin‘s dominance, has also contributed to the downward pressure on PENGU’s price.

Potential Rebound for PENGU

Despite this wave of selling, PENGU’s price found support around $0.355. Macroeconomic data triggered a rebound in price, indicating some stability in capital movements. However, upward resistance remains a crucial challenge for a sustainable trend reversal.

Although the recent decline in PENGU’s price has raised concerns, market signals suggest that this pullback might be temporary in nature. Investors should closely monitor the evolution of key indicators, such as buyer dominance and upward resistance, to determine if a bullish recovery is possible in the medium term.

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Gaston Cuny

Gaston has been a writer for over 7 years and a passionate cryptocurrency enthusiast since 2020. He loves exploring the crypto ecosystem and is now dedicated to sharing his insights and discoveries through InvestX.

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