- Pudgy Penguins (PENGU) surges 50% in a week, outperforming the total crypto market with growing community support and demand.
- A 38% rise in token NFT sales and growing buyer and seller support the ongoing token price rally.
- Technicians forecast an extended bullish tendency of the token with potential penetration to the resistance zone of $0.020–$0.025.
Pudgy Penguins (PENGU) has become an unusual exception in the crypto space that has gone sideways and is indecisive. The meme token has registered an impressive 50% appreciation over the last week, with a further 8% appreciation over the last 24 hours.
That strong pricing has even caught the attention of traders and NFT enthusiasts. As of now, PENGU is being exchanged for $0.01470 against a market capitalization of $924.67 million.
Its 24-hour volume has registered a decline of 14% to $554.9 million. Despite this decline in volume, optimism for the token remains…
