BTCC / BTCC Square / TRX News /
Tron(TRX) Founder Justin Sun Fuels Pudgy Penguins (PENGU) Rally with Viral Endorsement

Tron(TRX) Founder Justin Sun Fuels Pudgy Penguins (PENGU) Rally with Viral Endorsement

Author:
TRX News
Published:
2025-07-14 11:18:50
17
2
[TRADE_PLUGIN]TRXUSDT,TRXUSDT[/TRADE_PLUGIN]

Pudgy Penguins (PENGU), a Solana-based meme coin linked to the popular NFT collection, experienced a significant 31% price surge following a viral endorsement by TRON founder Justin Sun. The rally was triggered by Sun's social media post featuring a TRON-branded penguin cartoon with the caption "Everyone has become a penguin," which quickly spread across crypto communities. This event highlights the growing speculative interest in meme coins with perceived fundamentals, as influencers like Sun continue to drive market movements. The surge underscores the power of celebrity endorsements in the volatile cryptocurrency market, particularly for projects tied to NFT collections and meme culture. As of July 2025, the Pudgy Penguins token demonstrates how social media buzz can translate into substantial price action, with the TRON connection adding an extra layer of interest for investors watching Justin Sun's moves in the space.

Pudgy Penguins (PENGU) Surges 31% Following Justin Sun's Endorsement

Pudgy Penguins (PENGU), a Solana-based meme coin tied to the popular NFT collection, rallied 31% after TRON founder Justin Sun sparked social media buzz with a penguin-themed post. The token's price surge reflects growing speculative interest in meme coins with perceived fundamentals.

Sun's cartoon depiction of a TRON-branded penguin, captioned "Everyone has become a penguin," went viral across crypto communities. The official Pudgy Penguins account amplified the momentum with a "Welcome to the Huddle" response, further fueling trader enthusiasm.

The rally coincides with TRON's announced measures to reduce gas fees and improve network competitiveness. Analysts had previously flagged PENGU's upside potential, noting its stronger fundamentals compared to other meme coins like Pepe.

Emerging Cryptos Under $1 Gain Traction as Dogecoin Alternatives

While Dogecoin continues to dominate retail attention, savvy investors are pivoting to undervalued assets like Mutuum Finance (MUTM) and TRON (TRX). Mutuum Finance's presale, currently in its fifth phase at $0.03, has seen over 70% of its allocation snapped up ahead of a projected 100% gain at its $0.06 launch price. The project's forthcoming USD-pegged stablecoin aims to mitigate volatility through full Ethereum-based collateralization.

TRON maintains relevance with $6.1 billion in cumulative transactions, carving a niche in stablecoin settlements and DeFi. Trading at $0.30, the network demonstrates rare staying power among sub-dollar assets. Both projects highlight a broader market trend: capital rotation into infrastructure-focused tokens with measurable utility over meme-driven speculation.

Pudgy Penguins' PENGU Soars 90% on Justin Sun Endorsement and ETF Speculation

Pudgy Penguins [PENGU], the Solana-based memecoin tied to the viral NFT collection, surged nearly 90% this week following a playful social media exchange with tron founder Justin Sun. The rally gained further momentum after the U.S. SEC acknowledged a Spot PENGU ETF filing, breaching multi-month resistance levels.

Sun’s lighthearted post featuring a penguin cartoon wearing TRON-branded attire ignited community engagement, with the Pudgy Penguins account responding in kind. The interaction amplified bullish sentiment already brewing from analyst Ali Martinez’s fundamental outlook on the token.

Concurrently, Sun announced a 30% reduction in TRON gas fees through STRX staking, part of broader network upgrades targeting speed and cost efficiency. The MOVE underscores TRON’s push to maintain competitiveness amid Ethereum’s scaling solutions and Solana’s memecoin dominance.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users