🚀 Pengu Price Prediction: Justin Sun’s Billion-Dollar Bet on Pudgy Penguins – Is This the NFT Revival?

Billionaire Justin Sun just threw his weight behind Pudgy Penguins—and suddenly, everyone's asking: Are NFTs back from the dead?

### The Sun Effect: When a Crypto Whale Splashes

Sun's endorsement isn't just a tweet—it's a potential tidal wave for Pengu prices. Remember when his last crypto play pumped 300% in a week? Penguins might waddle, but money sprints.

### NFT Winter Thaws? Not So Fast...

Sure, blue-chip JPEGs are green today—but let's not pretend this isn't the same crowd that bought Bored Apes as 'investments.' TradFi bros are already sharpening their 'I told you so' knives.

### The Cynic's Take

Nothing revives crypto like a billionaire's FOMO and a fresh bag of greater fools. Place your bets—the house always wins.

Pengu Price Prediction: Billionaire Justin Sun Backs Pudgy Penguins – Are NFTs Making a Comeback?

Justin SUN accompanied his tweet with the declaration, “Everyone has become a penguin.”

The official Pudgy Penguins X account replied to this with a “Welcome to the Huddle,” while Sun reposted a Pudgy Penguins repost of his original tweet.

OK. Everyone has become a penguin. pic.twitter.com/0G6jzMlUYD

Sun published his first post at roughly 4pm UTC, and we can see that the PENGU price reacted almost instantly, rising from $0.027798 to $0.03188 in a matter of hours.

It has since calmed down, and if we look at its chart today we see that it may be due some further corrections.

Its indicators are all in overbought positions, which WOULD imply that now is not the best time to buy the token.

For instance, its RSI (yellow) touched 80 a few hours ago and is now on its way down.

We also see that the coin’s MACD (orange, blue) is at its highest level on record, so again logic would dictate a correction.

On the other hand, PENGU’s volume has exploded in the past couple of weeks, from only $83 million a month ago to $2.1 billion today.

This signals a big increase in interest in the token, while it also points towards growth in Pudgy Penguins NFT sales.

In fact, DappRadar data reveals that there has been a 124% increase in such sales in the last 30 days, and a 642% increase in the past week.

What’s interesting about this is that the NFT market as a whole is still very much down on where it was in November and December.

This is very bullish for Pudgy Penguins and for the PENGU price, which could hit $0.030 again by the end of the week, and $0.040 by the end of August.

TOKEN6900 Promises No Fundamentals and Raises $450,000 in Presale: Next Big Meme Coin?

PENGU isn’t the only meme coin that’s likely to benefit from the current bull market, with several newer tokens also looking to rise up the charts in the coming weeks.

One of these is TOKEN6900 (T6900), an ERC-20 coin based around the same dot-com bubble memes that have propelled SPX6900 to notoriety in recent weeks.

flippin every other coin for the sqaud pic.twitter.com/dyEflcPqvz

It launched its presale a couple of weeks ago, having since gone on to raise just over $450,000.

This figure has been achieved on the back of a novel marketing strategy, in that TOKEN6900 has made a point of promising that it won’t have any utility or fundamentals.

Instead, it has proudly declared that its price rests on memes, on FOMO and on hype, with TOKEN6900’s team working hard to develop a community of supporters and evangelists.

As a token, it will have a max supply of 930,993,091 T6900, with holders able to stake the token for a passive income.

This is the only ‘utility’ that the coin possesses, with the TOKEN6900 aiming to APE the successes of the similar SPX6900.

Investors can join its presale by going to the token’s website and connecting a compatible wallet, such as Best Wallet.

T6900 is currently selling at $0.006575, although this will rise again in two days, so traders should act sooner rather than later.