PENGU Token Skyrockets 20%+ as Volume Hits All-Time High – What’s Next?
PENGU isn't just waddling—it's sprinting. The token surged over 20% as trading volume shattered records, leaving traders scrambling to catch the momentum.
Breaking Down the Rally
No fluff, no filler—just numbers. A 20% price pump paired with record-breaking volume signals one thing: market appetite is ravenous. Whether it's hype or fundamentals driving the action, liquidity is pouring in.
The Big Question
Can PENGU sustain the rally, or is this another 'buy the rumor, sell the news' play? History loves a good crypto pullback—just ask the bagholders of 2021.
One thing's certain: when volume talks, the market listens. Even the most cynical traders can't ignore a chart that screams 'FOMO.'
PENGU Soars Nearly 35% in Past Week
Pudgy Penguins token has exploded nearly 35% weekly gain on Wednesday, with a 54% increase in trading volume in the past 24 hours.
As reported earlier, whale wallets have scooped roughly 200 million PENGU since the start of July, indicating aggressive institutional accumulation.
Further, PENGU’s rally combines NFT market revival, reduced exchange risk, and technical momentum.
“Considering some macro factors playing behind the scenes with its ETF on the cards and Coinbase involvement might further strengthen the memecoin price uptrend,” one user wrote on X.
Four years ago today, Pudgy Penguins NFTs minted and the global takeover began.
Thank you to everyone who’s joined us so far.
We’re just getting started.
pic.twitter.com/nsoJ8L6v36
Pudgy Penguins Surpasses $BONK, $TRUMP
PENGU has overtaken BONK and TRUMP to claim the top spot as the number 1 memecoin on solana by market cap.
Additionally, the token smashed through $1.03 BILLION in volume on Binance alone, with massive traction across top-tier exchanges. Per coinglass, PENGU hit $500 million in volume on Bitget, followed by $465 million on OKX exchange.
Market watchers have predicted that PENGU remains bullish with a clear uptrend channel.
“Price is holding strong above the breakout zone and showing signs of a potential rally,” one trader noted. “After the recent surge, we are seeing healthy consolidation, a perfect time for bulls to prepare for the next leg up!”
