The post Pudgy Penguins Price Prediction – Can $PENGU Reach $0.015 Soon? appeared on BitcoinEthereumNews.com.

The crypto market is experiencing a noticeable increase in volatility, with meme coins leading the charge in short-term rallies. Amidst this uptick, the Pudgy Penguins ecosystem has captured significant attention, boasting impressive growth and strong community backing. Over the past week, Pudgy saw a surge of 99%, prompting discussions about whether this is a short-lived relief rally or a sign of deeper momentum building. Although the overall crypto market cap remains steady around $2.97 trillion, the $3 trillion threshold looms as a key psychological and technical milestone for broader investor confidence. Pudgy Penguins’ recent growth may be attributed to a mix of volume-driven momentum and strategic brand partnerships, such as its collaboration with Ledger. Their approach—combining marketable NFTs with meme culture—has made them a recognizable player in the digital asset space. However, despite the excitement, it’s important to note that Pudgy is still trading roughly 79% below its all-time high of $0.045, indicating that there’s a long way to go before full recovery. The market sentiment is beginning to shift away from extreme fear, making it a potentially advantageous time for accumulation, especially during bullish cycles. Investors who bought in during the lows—when the Relative Strength Index (RSI) was indicating oversold conditions—may now find themselves in profit, as the coin moves into the overbought zone. Historically, such indicators suggest that now might be a time to consider taking profits rather than buying into the hype. Source – Jacob Crypto Bury on YouTube $PENGU Price Prediction As of now, Pudgy Penguins is priced at $0.0119, with a market capitalization of $753 million and a 24-hour trading volume totaling $273 million. While Pudgy’s trajectory appears positive, caution remains warranted. A short-term correction may be on the horizon, potentially down to key Fibonacci retracement levels like the 0.382. The critical resistance to watch…

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Filed under: News - @ April 29, 2025 7:27 pm