Binance’s $PENGU Token Surges with Record Volume: Path to $0.10 in Sight

The cryptocurrency $PENGU has recently achieved a remarkable milestone, recording an unprecedented daily trading volume of $427 million on Binance. This surge has not only outpaced major cryptocurrencies like ADA, SEI, and BNB but has also sparked significant bullish momentum. Breaking out from a consolidation range between $0.007 and $0.009, $PENGU is now eyeing higher price targets as indicated by Fibonacci extensions, with potential levels at $0.015, $0.025, and $0.043. Analysts are closely watching for a possible pullback to the $0.009-$0.010 range, which could present a strategic reentry point for investors before the next upward move. As of June 29, 2025, the market's optimism around $PENGU continues to grow, fueled by its impressive performance and the broader bullish sentiment in the digital asset space.

$PENGU Price Prediction: Record Volume on Binance Sparks Path Toward $0.10

$PENGU has surged to a record $427 million in daily trading volume on Binance, outpacing major cryptocurrencies like ADA, SEI, and BNB. The token's breakout from a consolidation range between $0.007 and $0.009 has ignited bullish momentum, with Fibonacci extensions pointing to potential targets of $0.015, $0.025, and $0.043. Analysts suggest a pullback to $0.009-$0.010 could offer a reentry opportunity before further upside.

Technical indicators confirm the uptrend, with resistance levels at $0.015 and $0.020 in focus. Craig, a market analyst, highlights the clean breakout, while another trader projects longer-term targets up to $0.10. The volume surge reflects growing institutional interest and retail FOMO.

Pudgy Penguins' ecosystem growth adds fundamental support, with 1 billion daily views projected by year-end. The meme coin's outperformance against top-tier assets signals a shifting market dynamic—where narrative-driven tokens increasingly compete with blue-chip cryptos for liquidity.

Binance Maintained XRP Listing Amid SEC Legal Battle, CZ Clarifies

Binance's global platform continued supporting XRP trading throughout Ripple's legal confrontation with the U.S. Securities and Exchange Commission, founder Changpeng Zhao confirmed. While American exchanges including Binance.US delisted the token in January 2021 following regulatory pressure, Binance.com maintained uninterrupted access to XRP markets.

The distinction highlights how crypto exchanges navigated divergent regulatory landscapes during Ripple's protracted courtroom drama. With the case now approaching resolution and U.S. platforms reinstating XRP, Zhao's remarks underscore Binance's consistent positioning as a global liquidity provider less susceptible to regional compliance demands.

"FWIW, Binance.com never delisted XRP," Zhao stated in response to Ripple CEO Brad Garlinghouse's legal update. The comment came as industry analysts noted Binance.US had suspended trading for nearly three years before recently relisting the asset.