Is PENGU USD Prepared For A +400% Increase? PENGU Meme Coin Making Waves
As an eventful week wraps up, BTC and several top cryptocurrencies are holding steady. BTC USD remains robust above $116,000 while the Ethereum price fluctuates around the $4,500 mark. In contrast, PENGU USD is soaring, experiencing a solid +15% increase, overcoming the sluggishness of earlier this week.
Although PENGU crypto has fallen in the meme crypto token rankings overall, it maintains an engaged community and notable trading volume. As per Coingecko, PENGU stands as the leading Solana meme crypto token with a trading market capitalization surpassing $2.2 billion. However, akin to other meme coins like TRUMP, PENGU USD is facing challenges, decreasing nearly -5% in the last 24 hours.
(Source: Coingecko)
According to Coinglass, many traders are uptrend about PENGU USDT. The long/short ratio exceeds 1.5, particularly on Binance. This suggests that the majority of traders and accounts on the world’s largest crypto trading network are hopeful about future developments. Despite this uptrend sentiment, PENGU’s trading volume has declined across most perpetual exchanges. While it remains above $420 million on Binance, trading volume has dropped nearly -8%.
(Source: Coinglass)
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Is PENGU USD Prepared For a +400% Surge?
From the 
PENGU ▼-4.93% daily chart, the prevailing trajectory appears to trend upward.
In the past six months, the PENGU price has skyrocketed, gaining +180%. Furthermore, the last three months have seen extraordinary growth with an impressive +300% increase for PENGU USD.
The immediate base level level for the PENGU price is positioned at $0.03 and $0.025. On the higher end, PENGU crypto bulls need to convincingly close above $0.04 and ideally, at $0.045 on increasing trading volume. Should the PENGU bulls gain momentum, PENGU USD may extend the gains seen over the past three months, heading towards December 2024 peaks near $0.07.
On X, one investor believes PENGU USD is poised for a 4X rally in the next few days. He mentions that the PENGU price is breaking out from a “textbook” cup-and-handle pattern. Upon doing so, PENGU crypto could easily soar to $0.22, amounting to a +400% increase.
(Source: ali_charts, X)
The cup-and-handle formation is a bullish indicator commonly observed by chart analysts. From the PENGU USD price movements, the immediate barrier level designating the perimeter of the “cup” stands at $0.04.
A solid close above this level permits the PENGU price to retest December 2024 highs and possibly reach $0.22 as per analyst predictions.
What Factors Will Propel The PENGU Price To New All-Time Highs?
The acceleration of the PENGU price towards new all-time highs hinges on various factors.
Should SOL USD break beyond $300, interest in Solana-based tokens like PENGU will surge, elevating buyer interest.
In addition to this favorable correlation between Solana and PENGU, institutional interest in the meme coin is growing. In March 2025, Canary Capital applied for a Canary Spot PENGU ETF with the U.S. SEC.
$PENGU & Pudgy Penguin DIGITAL COLLECTIBLE ETF.
First of its kind.
History
— Luca Netz
In contrast to other ETFs, such as those for BTC and ETH, this fund will include over +80-95% of PENGU and +5-15% Pudgy Penguins NFTs.
The regulator acknowledged the S-1 registration in July 2025, yet the application remains under examination.
Furthermore, Pudgy Penguins, affiliated with PENGU, is vigorously expanding its brand throughout Asia. The rollout of Pengu Wonderland has significantly boosted its appeal in China and South Korea.
With its presence in Asia, Pengu is strategically enhancing its cultural footprint while simultaneously promoting the utility of PENGU through in-game purchases and NON-FUNGIBLE TOKEN integrations.
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Could PENGU USD Increase by +400%? PENGU Meme Coin Breakout
- The PENGU price is strong, having gained over +300% in three months
- Will PENGU USD close above $0.04?
- Analyst targets $0.22 if PENGU crypto surpasses $0.04
- Spot PENGU ETF is currently under review
The post Is PENGU USD Prepared For A +400% Surge? PENGU Meme Token Breaking Out appeared first on 99Bitcoins.
