PENGU: Imminent Crash or Legendary Comeback? Analysts Drop Bombshell Predictions
Is PENGU the next crypto phoenix—or just another meme coin headed for the graveyard?
### The Bull Case: Liquidity, Leverage, and Lunacy
Proponents point to whale accumulation and a recent 30% bounce off support. 'The tokenomics scream asymmetric upside,' claims one over-caffeinated analyst—ignoring the 80% drop from its ATH.
### The Bear Trap: Dead Cat or Dead End?
Critics highlight dwindling exchange reserves and three straight weeks of negative funding rates. 'This isn't a dip—it's a cliff,' snaps a hedge fund manager while shorting another retail favorite.
### The Verdict: Schrödinger's Shitcoin
Until the next CPI print or Elon tweet, PENGU exists in quantum superposition—both 'undervalued gem' and 'rug pull waiting to happen.' Bonus cynicism: If the chart doesn't convince you, just wait for the inevitable 'partnership' with a Maldives crypto casino.
PENGU Price Pulls Back After Local High Near $0.047
Pudgy Penguins (PENGU) was trading at $0.031 at press time, down 6% in the last 24 hours and 21% over the past week. The token peaked at about $0.047 before reversing. It is currently moving towards a major support point at 0.025.
Analyst Ali Martinez described the decline as a typical move.
“$PENGU dip to $0.025 looks like a healthy correction,” he wrote.
He pointed to several factors that may support price stability, including a potential ETF filing, expansion in Asian markets, and strong toy sales.
$PENGU dip to $0.025 looks like a healthy correction! With ETF filing, Asia growth, and millions of toy sales, upside potential remains strong. pic.twitter.com/6gMzdooK5E
— Ali (@ali_charts) August 18, 2025
Technical Zone Between $0.0302 and $0.0251
A chart from Altcoin Sherpa places current price action inside a key support range marked by the 0.382 Fibonacci level at $0.030. The lower end of the zone sits NEAR $0.025, where price previously paused during a breakout in July.
Sherpa noted that PENGU is moving back to areas worth watching.
“I’m still bullish on $PENGU but maybe just a bit more chop before it moves again,” they posted.
The analyst suggested a gradual approach and added that a larger MOVE could come later.
Trading volume has slowed during the drop. If the price holds above this zone, it may provide a base for another move higher in the future.
NFT Valuation Declines But Interest Remains
The broader Pudgy Penguins ecosystem also saw a dip. NFT collection’s market cap dropped $591 million to $491 million in a week. Despite the decline, the collection remains in the top NFT projects by value.
Last week, BTCS Inc., a publicly listed blockchain company, announced it had added three Pudgy Penguins NFTs to its corporate treasury. This step shows some firms are starting to include NFTs in their digital asset holdings.
