PENGU Memecoin Nets 850M Daily Views – Will a $0.02 Breakout Mirror PEPE’s Explosion?
2025-07-02 22:40:17
Main Idea
PENGU memecoin, backed by the Pudgy Penguins NFT collection, has gained significant market attention with 850 million daily internet views and a 49% weekly rally, as analysts predict a potential breakout to $0.02.
Key Points
1. PENGU memecoin surged to $0.0165, marking a strong recovery with a 49% weekly rally and briefly surpassing a $1 billion market cap.
2. The token has garnered 850 million daily internet interactions, driving market interest and comparisons to PEPE's explosive performance.
3. Major exchanges like Binance, Coinbase, and OKX have listed PENGU, enhancing its accessibility and market reach.
4. Pudgy Penguins transitioned from an NFT project to a tokenized ecosystem, with PENGU launching on Solana and experiencing a 500% price surge on debut.
5. Technical indicators suggest a bullish trend, with potential resistance at $0.016-$0.017 and a target of $0.02 if momentum continues.
Description
Pudgy Penguins, the popular NFT collection behind the PENGU memecoin, has witnessed its token surge back to the $0.0165 level for the first time since February, marking a strong recovery in investor sentiment. The NFT-backed cryptocurrency has bucked broader market trends, posting an impressive 49% rally over the past week. It briefly broke through the $1 billion market capitalization threshold before experiencing some profit-taking. Source: CryptoNews Currently, PENGU trades at $0.01473 , maint...
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