PENGU Primed for $0.24 Surge—If It Mirrors PEPE’s Explosive Breakout Pattern

Crypto’s latest meme darling PENGU eyes a 20x rally—because if PEPE could do it, why not another bird-themed token? (Spoiler: Because the market loves poetic repetition almost as much as it loves irrational exuberance.)

The PEPE Blueprint

When PEPE ripped past resistance earlier this year, it wasn’t just hype—it was textbook breakout behavior. Now traders are spotting the same ascending wedge and volume spikes in PENGU’s charts. Technicals suggest a carbon-copy pump to $0.24 isn’t just possible—it’s probable.

Liquidity or Lunacy?

Sure, the ‘if X did Y then Z must do Y+1’ logic is what fuels both quantum physics and crypto degeneracy. But with PENGU’s trading volume doubling weekly and Binance listing rumors swirling, even skeptics are dusting off their ‘buy’ hotkeys.

The Cynic’s Corner

Let’s be real—this isn’t investing. It’s performance art with leverage. But while Wall Street overanalyzes P/E ratios, crypto’s meme alchemy keeps turning frogs (and now penguins) into princes. Just don’t forget: what goes parabolic usually comes down faster than a shilled altcoin post-halving.

TLDR

• Crypto analyst Ali Martinez believes the PENGU price could reach $0.24 if it follows PEPE’s historic breakout pattern.
• The PENGU price surged over 30 percent in the past week and rose 295 percent in the last month.
• A daily close above the $0.015 to $0.017 range triggered strong upward momentum, according to analysts.
• Increased trading volume and open interest indicate growing interest from both retail and institutional investors.
• MarketCapOf data shows that the PENGU price could reach $0.17 if it matches PEPE’s market cap.

The PENGU price could see a significant surge if current momentum continues aligning with earlier breakout patterns. Analyst Ali Martinez identified a potential path mirroring PEPE’s historic rise, with a target of $0.24. This projection follows bullish signals and a growing interest surrounding the Pudgy Penguins-linked token.

PENGU Price Momentum Builds on Bullish Technicals

PENGU price has shown strong performance, climbing over 30% in the past week and gaining 295% over the past month. The surge follows a critical technical milestone, where it closed above the $0.015–$0.017 range earlier this month. Ali Martinez emphasized this breakout zone as a turning point for a strong upward move.

So far, $PENGU continues to mirror $PEPE price action. If the pattern holds, the next target is $0.24. Don't sleep on it! pic.twitter.com/Tv4qUL3e68

— Ali (@ali_charts) July 24, 2025

New technical patterns now support continued bullish movement, drawing close comparisons to PEPE’s previous rally. Martinez noted that the PENGU price mirrors PEPE’s setup before its explosive rise to record levels. Traders are now watching for a MOVE toward the $0.24 mark as momentum builds.

Trading activity also supports the bullish case, with increasing open interest and volume reported in recent weeks. However, PENGU remains below its December 2024 peak of approximately $0.069 despite its recent strength. The token’s ability to maintain support above $0.04 keeps upside scenarios in play.

Social Buzz and ETF Speculation Push Sentiment Higher

Community interest around PENGU increased following the fourth anniversary of Pudgy Penguins NFTs, boosting sentiment across markets. Recent social media discussions speculated on a potential PENGU ETF filing, which could attract further institutional attention. Some voices in the space suggested that ETF approval might rapidly push PENGU price to $0.30.

According to MarketCapOf data, the PENGU price could multiply four to five times if it reaches PEPE’s market cap level. This model projects a rise to $0.17, adding weight to analyst predictions for higher valuations. While not confirmed, the possibility has fueled interest and increased visibility for the token.

In addition to Martinez, other analysts are supporting bullish forecasts, citing technical formations like the falling wedge pattern. Some believe the price may revisit $0.069, marking a 50% rebound from recent highs. Community members also stressed the importance of long-term holding strategies during volatile cycles.

Whale Activity Triggers Dip but Trend Remains Intact

Despite recent strength, PENGU faced a 3.5% daily decline after a whale sold 73.6 million tokens. The large sell-off caused an 8% intraday drop, driven by profit-taking and overbought RSI levels. Analysts noted that this move resembled previous corrections during PEPE’s breakout period.

Market data confirmed that momentum remains intact despite the temporary pullback. The PENGU price continues to attract new holders, with rising engagement among traders and institutional interest. If the pattern holds, PENGU could approach the projected $0.24 mark within the cycle.