Hold onto your top hats and fish sticks, folks! The Pudgy Penguins token just did the financial equivalent of a slapstick pratfall recovery— bouncing back this week with the grace of a penguin tap-dancing on ice! It’s waltzing up to its highest spotlight since February, riding the frothy NFT sales wave like a champ on a banana peel.
That’s right! Pudgy Penguins (PENGU) wobbled all the way up to a dizzying $0.010—a skyrocketing 167% leap from its “Oops, I slipped” low this month. And this ain’t no quiet shuffle; we’re talking a boisterous trading volume explosion of 500% to a whopping $372 million! The market cap is puffing up its chest to a proud $576 million. Take that, February slump!
Why the sudden dance party? Well, Solana meme coins are having their moment in the spotlight too—think of it as the penguin prom where everyone’s wearing their silliest socks. Together, these tokens strutted their stuff to a combined market cap shimmy of over $10 billion. Cha-cha-cha!
And it’s not just about shiny tokens. The Pudgy Penguins’ NFT sales jumped by 400% in just 24 hours, raking in a cool $436,000! That’s enough to buy approximately…well, a lot of fish sticks. It now stands proudly as the 4th most popular collection, right behind some big fish like DMarket, Panini America, and Guild of Guardians Heroes—talk about cool company!
Transaction numbers did a slapstick flip too—soaring 380% to 24, with buyers waddling in at a 400% increase to 15. Who knew penguin pals loved shopping sprees?
But pumpkin pie, let’s not get carried away down the merry-go-round. The long-term sales outlook is more “melting ice cube” than “ice castle.” Sales have slipped 11% over the past 30 days to $6.76 million. Once upon a time, Pudgy Penguins were raking in millions daily—basically the Great Penguin Gatsby of NFTs—leading to a cumulative $620 million sales spectacle. Ah, the glory days!
Pengu Price Shuffle Breakdown
Checking out the four-hour chart, PENGU is strutting its stuff on a bullish runway, hitting a two-month high of $0.010—right on cue at the fancy-schmancy 78.60% Fibonacci Retracement level. Sounds fancy because it is!
It’s hanging tough above the pesky $0.0075 resistance—the same line it tangoed with on March 20—and chilling above the 50-period moving average like it owns the place. Confidence, people!
But here comes the punchline: this coin is so overbought it might as well have eaten one too many fish snacks. The Relative Strength Index sprinted past 80, and the Percentage Price Oscillator is doing its own happy dance upward.
Expect a comedic stumble—aka a pullback—to test $0.0075 again. After all, penguins gotta slide before they glide! If it breaks through $0.010, the price might just moonwalk to the year-to-date high of $0.0115. Stay tuned for the next episode of “The Adventures of Pudgy and Friends!” 🐧💸
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2025-04-25 21:07