Pudgy Penguins surged 14% in a day, pushing PENGU into the top 50 with a market cap of $2.37 billion. Bullish sentiment on Wall Street and an Elliott Wave pattern indicate a breakout. Discover why this memecoin could see a 40% increase.
The NFT collection Pudgy Penguins, with its adorable chubby penguins, has become an unexpected phenomenon in the crypto market. In just one day, the associated token PENGU surged by 14%, reaching $0.0377 with a market capitalization of $2.37 billion, propelling this memecoin into the global top 50.
This rally, backed by a trading volume of $622 million (+65% in 24 hours), reflects massive enthusiasm, with over 868,000 holders and a rapidly expanding ecosystem.
This cultural buzz, amplified by appearances in ETF advertisements and mainstream partnerships, positions PENGU as a “social currency” beyond typical memecoins.
Wall Street’s interest has supercharged this comeback. During its Q2 2025 report, New York-listed company Bullish highlighted Pudgy Penguins and PENGU to its HNWI investors, generating a flood of institutional exposure. This visibility, combined with a massive burn of $357 million in tokens, has reduced the circulating supply and boosted scarcity.
Pudgy extends beyond NFTs : toys at Walmart, arcade games, ETF commercials, and a mobile game Pudgy Party exceeding 100,000 downloads. These initiatives, including airdrops with Labubu for rare NFTs, attract millions of views and strengthen the ecosystem.
The PENGU/USDT chart reveals a clear bullish setup, with an Elliott Wave pattern in the impulse phase and a well-defined pennant formation, indicating continuation toward a new ATH above $0.06 (+40%).
The price has retested a key support at $0.035 after a 125-145% rally in one month, confirming a solid base. Additionally, it has broken out of its bearish trendline. The FBB indicates a potential target at $0.062.
Key indicators :
Pudgy Penguins, with its Wall Street exposure via Bullish and an Elliott Wave technical setup, positions PENGU for a 40% breakout to $0.06. This memecoin also has ETFs approaching, which could push the price even higher than $0.06.
Its entry into the crypto top 50 is no coincidence. PENGU has everything it takes to become the mascot of altcoins and explode during the next bull run. Some analysts predict an increase between $0.1 and $0.5 in 2025, representing a potential gain between 200 and 1000%.
With a 14% rally and viral marketing, PENGU is a high-potential memecoin. It could well be the next Dogecoin, as predicted by legendary trader GCR. Here’s how to buy it on Zoomex with an optimized strategy :
Step by Step : Buying PENGU on Zoomex
Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.
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