Pudgy Penguins Soars 26%—Analyst Flags PEPE-Like Rally, Predicts More Gains Ahead
Move over, meme coins—Pudgy Penguins just waddled into the spotlight with a 26% surge. Traders are buzzing as one analyst spots eerie parallels to PEPE’s legendary pump. Could this be the next cult crypto?
From Ice Floes to Moon Shots
The NFT-turned-token project isn’t just riding hype—it’s bulldozing resistance levels. That PEPE comparison? Not just hopium. Same parabolic structure, same social media frenzy. But with actual penguins.
The Whale Watch Begins
Volume’s spiking, wallets are accumulating, and suddenly every ‘alpha group’ has a hot take. Meanwhile, Bitcoin maximalists scoff—until their portfolio gets outsold by cartoon avatars again.
One thing’s clear: In crypto, the line between ‘next Bitcoin’ and ‘next Beanie Baby’ keeps getting blurrier. Just don’t tell the IRS you’re ‘investing’ when tax season hits.
PENGU price analysis. Credit: crypto.news
As of now, there are no clear reversal patterns. The moving averages are still stacked in the bulls’ favor, with the 50-day EMA and 20-day SMA significantly below the current price, supporting the breakout structure.
A continuation toward the $0.035–$0.04 range is feasible if PENGU maintains its momentum. The 20-day moving average NEAR $0.025 could provide support in case of a correction. Although overbought signals call for caution, bulls are currently in control.
