Pudgy Penguins Value Information: PENGU Bounces Off Key Help and Might Ship a 13% Acquire…

It has surpassed the market cap of well-established DeFi protocols like Pump.enjoyable (PUMP), Raydium (RAY), and Jupiter (JUP).

If a PENGU ETF is permitted, this might be the primary funding car of this sort to be linked to a meme coin and this might drive further buying and selling volumes and lift consciousness in regards to the undertaking amongst institutional buyers.

It will additionally set an vital precedent as different comparable funds for Dogecoin (DOGE) and Shiba Inu (SHIB) whose functions have additionally been submitted may very well be subsequent in line to get permitted.

Model consciousness has additionally been rising. Pudgy Penguins toys will be bought at Walmart whereas the undertaking’s non-fungible tokens (NFTs) have skilled a 52% bounce of their flooring value previously 30 days.

Constructive momentum is unquestionably at a excessive level for PENGU.

Pudgy Penguins Value Prediction: PENGU Sees Promoting Strain at $zero.032

right this moment’s uptick, this value motion helps a bullish outlook because it happens proper after the asset touched a key degree of help.

PENGU appears to have discovered a brief flooring at $zero.032 within the Four-hour chart. It is a massive space of help the place the token beforehand consolidated earlier than its most up-to-date leg up.