Pudgy Penguins ($PENGU) Soars 127% in a Week as Meme Coin Mania Returns
2025-07-15 19:30:59
Main Idea
Pudgy Penguins ($PENGU) surged 127% in a week due to meme coin hype, social media endorsements, and ETF filings proposing significant allocations to the token.
Key Points
1. Pudgy Penguins ($PENGU) rose 127.4% in a week, with a 20.8% increase in the last 24 hours, trading at $0.03418 as of July 15.
2. The token's growth is driven by meme coin frenzy, social media stunts (e.g., Coinbase and Binance US avatar swaps), and ETF filings proposing 95% allocation to $PENGU.
3. The $PENGU token has a capped supply of 88.88 billion, with 26% locked for community rewards, creating scarcity.
4. Coinbase's social media stunt led to a 60% weekly price surge and a rise in NFT floor price from 9 ETH to 11.6 ETH.
5. Whales and billionaires like Justin Sun are buying $PENGU in large volumes, reinforcing bullish sentiment.
Description
Pudgy Penguins ($PENGU) rocketed again this week, rising 127.4% over seven days as traders chased fresh meme‑coin momentum. In the past 24 hours alone, $PENGU jumped 20.8%, vaulting from an intraday low of $0.0270 to a high of $0.0344, a 27.4% swing demonstrating intense volatility. As of July 15, $PENGU is trading at $0.03418. The token has seen a volume spike and whale accumulation, indicating continued appetite for risk amid broader crypto rallies. Source: CoinGecko Meme Coin Momentum Reinfor...
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