Pudgy Penguins’ PENGU Soars 90%: Justin Sun’s Viral Post and TRON’s Gas Fee Cuts

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Key Takeaways

PENGU skyrockets nearly 90% after Justin Sun’s viral post and ETF speculation boost momentum. TRON’s Sun slashes gas fees by 30% via STRX staking, with more network upgrades underway.

Pudgy Penguins [PENGU] has waddled back into the spotlight after a surprise endorsement from Tron [TRX] founder Justin Sun sent the memecoin soaring. 🐧🚀

The double-digit rally came alongside fresh plans to cut TRON gas fees  —  a move aimed at making the network faster, cheaper, and more competitive. 💸

A meme, a moment, and a market surge

PENGU, the Solana-based memecoin inspired by the Pudgy Penguins NFT collection, exploded nearly 90% this week after a viral post from TRON founder Justin Sun. 📈

Sun shared a cartoon penguin donning his signature hairstyle and a TRON-logo shirt, joking,

“OK. Everyone has become a penguin.”

The Pudgy Penguins official account replied,

The lighthearted exchange lit up X, igniting community momentum and price action. 🎉

The rally follows analyst Ali Martinez’s bullish outlook on PENGU’s fundamentals, and a new catalyst: the U.S. SEC’s recent acknowledgment of a Spot PENGU ETF filing, which pushed the token past a multi-month high. 📈

Sun targets cheaper fees to stay competitive

While PENGU grabbed headlines, Justin Sun kept focus on TRON’s long-term edge — lowering gas fees. 💸

In a post on X, Sun urged the community to adopt strategies like increasing the energy cap and encouraging staking to keep TRON’s transaction costs competitive. 🌟

He wrote,

“As the price of TRX continues to rise, the Tron community should adopt various measures to reduce Tron’s gas fees.”

Backing his call with action, Sun revealed that JustLend’s new STRX staking feature has already slashed energy rental prices by 30% in multiple scenarios, with further fee-reducing measures now underway. 🔧

Overbought but unbothered

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2025-07-14 12:17