PENGU, the native token of the Pudgy Penguins NFT ecosystem, has experienced a significant surge, rallying over 50% recently. This upward momentum aligns with a notable increase in Pudgy Penguins NFT sales, which have risen by 221% in the past week, accompanied by an 18% uptick in floor prices and a near tripling of trading volumes .
The rally is further supported by strong trading activity, with PENGU's 24-hour volume reaching approximately $372 million, a 500% increase from the previous day . Analysts suggest that if PENGU maintains its current trajectory, it could revisit its all-time high of $0.055, representing a potential 50% gain from its current price .
For those who capitalized on this movement, congratulations on the gains. For others, the market continues to present opportunities, and staying informed will be key to identifying the next potential breakout.
