PENGU’s 99% Soar: A Penguin’s Tale of Viral Fame and ETF Dreams 🐧🚀

by

TL;DR

  • PENGU, the pudgy penguin of the crypto world, has soared 99% in a week, with a $2.1 billion trading volume and a momentum that could rival the grace of a penguin on ice.
  • Canary’s ETF filing adds a layer of sophistication to the penguin parade, as approval could bring regulated market exposure and a touch of elegance to the crypto zoo.

    • //cryptopotato.com/wp-content/uploads/2025/07/pengu_cover.jpg”/>

    Pudgy Penguins (PENGU) has waddled its way to a near 99% increase over the past seven days, with the price now perched at a cozy $0.0301. Daily gains stand at over 31%, with a 24-hour trading volume that could melt the heart of the iciest skeptic at $2.1 billion. This performance has placed PENGU among the best-performing assets this week, a true testament to the power of a well-fed penguin.

    On the technical side, the RSI is a robust 82, a clear sign that PENGU is overbought, but in the world of crypto, overbought often means “just getting started.” The alligator indicator, with its high difference between moving averages, suggests a strong bullish trend, and the price is currently basking above all three lines, indicating a powerful upward pressure. It’s as if the penguins have found a warm spot on the ice and are refusing to budge.

    Popular on-chain analyst Ali, with the discerning eye of a penguin spotting a fish from afar, commented:

    “The key difference? Pudgy Penguins has real fundamentals behind it, not just a cute face and a waddle.”

    Ali also pointed to a “textbook bullish retest” on July 10, suggesting that the short-term momentum could continue. He expects a move toward $0.060 by August, depending on the ETF approval, which is as predictable as a penguin’s next meal.

    ETF Filing Adds Fuel to Rally

    Investor attention has grown following news that the U.S. Securities and Exchange Commission (SEC) acknowledged a spot PENGU ETF filing. The fund, proposed by asset manager Canary, is pending approval, and the ETF news has pushed PENGU’s price up sharply, much like a penguin leaping out of the water for a snack.

    The filing has coincided with increased expectations of wider adoption in the market. Once approved, the move would enable conventional investors to get exposure to the token via regulated financial products, a development that could turn the crypto world into a more orderly penguin colony. The filing comes amid growing retail and institutional interest in Pudgy Penguins and its ecosystem, a true testament to the charm of a well-dressed penguin.

    Community Activity and Viral Attention

    Justin Sun, the crypto world’s own penguin enthusiast, joined the conversation by sharing a cartoon penguin styled with his signature hair and a TRON shirt, writing:

    “OK. Everyone has become a penguin.”

    The Pudgy Penguins official account replied, “Everyone will Huddle,” amplifying attention from fans and followers. This moment sparked strong community engagement, with the project writing in response, “Justin looks good here. Welcome to the Huddle,” further boosting visibility and market chatter around PENGU. It’s as if the entire crypto world has decided to join the penguin party, and who could resist the charm of a well-organized huddle?

Read More

2025-07-14 10:28