PENGU Skyrockets 20% in 24 Hours – The Memecoin Dominating July 2025’s Crypto Craze

Move over Dogecoin—PENGU just flipped the meme economy on its head with a blistering 20% daily surge. Here’s why traders are piling into the bird-themed token while ‘serious’ investors clutch their spreadsheets.

### The Penguin Takeover

No roadmap, no utility—just pure viral momentum. PENGU’s rally defies traditional valuation models, proving once again that crypto markets run on collective delirium (and maybe a few well-timed tweets).

### Liquidity Waves & Social Frenzy

Behind the pumps: A perfect storm of low-float tokenomics and influencer shilling. CEX listings loom as trading volumes spike—classic ‘buy the rumor, sell the news’ theater.

### Meme vs. Macro

While Bitcoin ETFs debate regulatory nuance, PENGU whales are too busy counting gains to care. Another reminder that in crypto, ‘fundamentals’ are just speedbumps for degenerates with leverage.

Pudgy Penguins Catch NFT And Memecoin Rally

On Monday, Pudgy Penguins (PENGU) became one of the leading memecoins after surging nearly 20% in the past 24 hours. The Solana-based token saw its price climb from the $0.031 mark to a six-month high of $0.040 before retracing to the $0.036 area.

Pudgy Penguins is one of the largest NFT collections, with a market capitalization of 143,897 ETH. It consists of 8,888 unique cartoons of cute penguins and sits behind CryptoPunks as the second-largest NFT collection.

In December, the Pudgy Penguins project launched its official token, PENGU, on the solana Blockchain, gathering massive attention during the Q4 2024 rally.

The memecoin flipped tokens like dogwifhat (WIF) and BONK, momentarily becoming the largest Solana memecoin by market cap and the fourth-largest memecoin by this metric, just behind Dogecoin, Shiba Inu, and PEPE.

During the recent crypto market performance, PENGU has significantly recovered from its April all-time low (ATL) of $0.003, which represented a 95% decline from its December all-time high (ATH) of $0.068.

Over the past week, the token has reclaimed crucial levels after breaking out of its multi-month downtrend and rallied around 30%, surpassing the daily and weekly performances of SHIB and PEPE.

Pudgy Penguins NFT collection also soared in the past 24 hours, with a 290% increase in trading volume, driven by the recent interest in the sector. The collection’s 16% daily surge saw its floor price rise to 16.19 ETH, or $60,242, by Monday afternoon.

Notably, the NFT market cap reached its highest level since January after jumping 17% on Sunday from $5.1 billion to $6 billion, according to CoinGecko data. A recent report noted that NFT sales increased by 78% in Q2, while the number of traders increased 20% from Q1, suggesting renewed interest in the sector.

PENGU Eyes 140% Surge

Crypto analyst Sjuul from AltCryptoGems noted that the Solana memecoin has been showing positive signs of strength since late June, when it broke out of a textbook multi-month Cup and Handle pattern.

Since then, the token has smashed past the pattern’s neckline, around the $0.018 mark, and reclaimed the $0.020 resistance as support, which propelled its 30% surge in the weekly timeframe to its $0.035-$0.040 levels.

Ahead of the Monday surge, Ali Martinez highlighted that PENGU was “ready for another leg up” as it had been accumulating within a symmetrical triangle formation over the past week.

Based on this pattern, the cryptocurrency could see a 140% surge toward the $0.075 barrier if it continues to hold above the $0.031-$0.033 breakout area and confirms these levels as support in the coming days.

Meanwhile, two market watchers have shared optimistic targets for the cryptocurrency this cycle. Byzantine General affirmed that PENGU could go to a market capitalization of $10 billion.

“If you consider that it’s the memecoin with the most mainstream adoption, with maybe the exception of DOGE, it’s not that crazy at all actually,” he detailed. Similarly, crypto Kaleo considers that “$0.8888 is a decent target, but it’s still FUD.”

To the analyst, “PENGU to $4.20 WOULD put it at a $373B mcap. This is a much better upside target.” He explained his bold prediction, arguing that “Last bull market, SHIB hit 50% of DOGE’s peak. There’s room to have other high-quality memes do something similar this cycle.”

As of this writing, PENGU trades at $0.036, a 19% increase in the daily timeframe.