Pudgy Penguins (PENGU) Price Prediction: Whale Activity Signals Potential Breakout
Pudgy Penguins (PENGU) has surged 120% in a striking rally, maintaining stability NEAR local highs at $0.015 despite minor retracements. The token’s one-month chart reveals a 290% gain since early June, transitioning from meme status to a legitimate contender in the small-cap altcoin space.
Technical structure remains bullish, with shallow pullbacks and sustained volume suggesting accumulation. Whale bids are growing at key support levels, hinting at potential upside if the $0.017 resistance breaks. Market observers note this pattern often precedes rotational capital flows into undervalued assets.
The token’s current price sits at $0.1529, up 4.84% intraday. Analysts highlight PENGU’s ability to outperform broader altcoin stagnation as a sign of organic demand rather than speculative froth.