Pudgy Penguins crypto: How Justin Sun’s viral post sparked PENGU’s 90% rally
2025-07-14 09:20:36
Main Idea
Pudgy Penguins' memecoin PENGU surged nearly 90% following a viral post by TRON founder Justin Sun and speculation about a Spot PENGU ETF filing, while Sun also announced measures to reduce TRON's gas fees.
Key Points
1. PENGU, a Solana-based memecoin, rose nearly 90% after Justin Sun's viral post and ETF speculation.
2. Justin Sun proposed reducing TRON's gas fees, with STRX staking already cutting energy rental prices by 30%.
3. The U.S. SEC's acknowledgment of a Spot PENGU ETF filing contributed to the token's rally.
4. Technical indicators showed PENGU in an overbought condition but with continued bullish momentum.
5. TRON's community is urged to adopt measures to maintain competitive transaction costs.
Description
A viral post, an ETF filing, and suddenly everyone’s "huddling."
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