PENGU’s 25% Rally: Can Pudgy Penguins Waddle to $0.02 Glory?
PENGU jumps 25% to $0.013 with Upbit listing and NFT sales spike. Will this Solana meme coin hit $0.02? Join the penguin party now!
Pudgy Penguins’ token, PENGU, is making waves, soaring over 25% to $0.013 as of May 8, 2025. This Solana-based meme coin, tied to the adorable Pudgy Penguins NFT collection, got a massive boost from a listing on South Korea’s Upbit exchange and a surge in NFT sales. With traders buzzing about a potential climb to $0.02, PENGU is stealing the crypto spotlight.
What’s Driving the Surge?
The Upbit listing opened PENGU to millions of Asian traders, spiking its trading volume by 70% to $317 million. Meanwhile, Pudgy Penguins NFTs saw an 8% sales jump to $180,233 in a day, with floor prices rising to 12.10 ETH ($22,000). The project’s fun vibe, fueled by real-world moves like Pudgy Sushi in LA and a Ledger bundle, has over 800,000 holders hyped. A Canary Capital ETF filing adds fuel, hinting at big investor interest.
The Upbit listing opened PENGU to millions of Asian traders, spiking its trading volume by 70% to $317 million. Meanwhile, Pudgy Penguins NFTs saw an 8% sales jump to $180,233 in a day, with floor prices rising to 12.10 ETH ($22,000). The project’s fun vibe, fueled by real-world moves like Pudgy Sushi in LA and a Ledger bundle, has over 800,000 holders hyped. A Canary Capital ETF filing adds fuel, hinting at big investor interest.
Why It Matters
Meme coins like PENGU thrive on community energy, and Solana’s fast, cheap blockchain—handling $806.8 billion in DEX volume—makes it a perfect home. The Upbit boost and NFT craze could push PENGU to $0.015 or $0.02 if Bitcoin’s $100,000 rally lifts altcoins. But beware: meme coins are risky. A $332 million token unlock in May or a market dip could drop PENGU to $0.010. Its 90% fall from December’s peak is a reminder of volatility.
Meme coins like PENGU thrive on community energy, and Solana’s fast, cheap blockchain—handling $806.8 billion in DEX volume—makes it a perfect home. The Upbit boost and NFT craze could push PENGU to $0.015 or $0.02 if Bitcoin’s $100,000 rally lifts altcoins. But beware: meme coins are risky. A $332 million token unlock in May or a market dip could drop PENGU to $0.010. Its 90% fall from December’s peak is a reminder of volatility.
What’s Next?
PENGU’s metaverse plans and ETF hopes could keep the rally alive, but an overbought RSI signals a possible cooldown. Watch Upbit volume and NFT sales for clues. This penguin party might just be getting started—or it could slip on the ice.
PENGU’s metaverse plans and ETF hopes could keep the rally alive, but an overbought RSI signals a possible cooldown. Watch Upbit volume and NFT sales for clues. This penguin party might just be getting started—or it could slip on the ice.
What’s your take on PENGU’s rise? Comment below and follow trafy.io for more crypto scoops!
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
