Pudgy Penguins ($PENGU )
PENGU started June with difficulties, but over the last week it has gained popularity. The meme coin has grown by 62.6%, reaching $0.0137, which is a two-month high. This jump shows that the altcoin is ready to recover and attract investor attention despite past issues.
The main advantage of PENGU is its strong correlation with Bitcoin at 0.70. If BTC continues to rise, the meme coin will be able to benefit from this trend. Thus, PENGU will have a chance to break through resistance at $0.0151 and reach $0.0180 in the coming days.
However, the price of PENGU is also influenced by whales, more than 47.72% of whom own more than $10 in PENGU. These investors can significantly impact the price if they decide to sell. If mass profit-taking begins, PENGU risks falling below $0.0129, reaching a support level of $0.0100. $WCT $SPK