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🚀 PENGU & Dogecoin Ride the Crypto Wave: Bullish Surge Defies Market Gravity

🚀 PENGU & Dogecoin Ride the Crypto Wave: Bullish Surge Defies Market Gravity

Author:
CoinTurk
Published:
2025-07-08 09:58:44
11
3

Crypto's meme coins are laughing all the way to the blockchain. While Wall Street frets over inflation, PENGU and Dogecoin just ripped double-digit gains—proving once again that 'fundamentals' are optional in the land of laser-eyed traders.

### Meme Coins Eat the Charts

No white papers? No problem. PENGU—the token that started as an internet joke—just flipped serious projects with a 72% weekly pump. Meanwhile, Dogecoin's 'WOW' factor returned as Elon Musk tweeted a single dog emoji (because that’s all it takes).

### The Retail FOMO Is Real

Binance's spot volume exploded as normies chased the green candles. 'It’s like 2021 again,' said one degen, swapping mortgage payments for a bag of Shiba-themed tokens. Pro tip: When your barista starts explaining tokenomics, maybe cash out.

### Cynical Take: Congrats, You Beat the S&P 500 (This Week)

Sure, Bitcoin’s institutional adoption is creeping forward. But let’s be honest—nothing makes crypto more fun than watching Dogecoin outpace hedge funds while CNBC anchors scramble for explanations. Just don’t look at the charts next Monday.

$0.00000005081061 (DOGE)?

ContentsWhy Did Cryptocurrencies Rise?PENGU and Dogecoin (DOGE)

Why Did Cryptocurrencies Rise?

For months, TRUMP has been issuing stern warnings, suggesting dire consequences for those not reaching agreements by July 9. Guess what happened? Prior to July 9, Trump began announcing rates to be implemented on August 1, granting a three-week negotiation window. These rates remain higher than those shared on April 2.

However, leaving the door open for negotiations has balanced the fear. We’ve started to see reconciliation headlines with the EU, boosting early investor optimism. Nonetheless, a problem persists. Uncertainty hasn’t been eliminated. The crypto markets may continue to be pressured by uncertainty for a while, and it’s unknown if August 1 will mark the end of it. There are valid reasons for investors to doubt the certainty of this date, given the history of February, April, June, and the lead-up to July 9.

PENGU and Dogecoin (DOGE)

Following tariff announcements, tomorrow evening’s release of Fed minutes also approaches — thus, we head towards dynamic times. Currently, the decline in cryptocurrencies has reversed, although increases in altcoins could occur if BTC secures $110,000. Sustained high levels and reduced uncertainty could nurture risk appetite.

Ali Martinez anticipates significant gains for PENGU Coin, should a positive scenario unfold during this period. PENGU has immensely benefitted from recent surges, as noted by the analyst:

“PENGU stands robust above the triangle breakout zone, gaining momentum for a potential MOVE toward $0.044!”

The U.S. and Japan agreed to continue intensive negotiations concerning customs tariffs. On this news, BTC reclaimed $109,000 as this article was prepared.

Yoddha wrote that Dogecoin’s (DOGE) journey to $1 began following its last dip test. This level holds immense psychological significance for DOGE, and reaching the $0.7 range could catalyze Doge excitement to achieve this milestone.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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