PENGU increased nearly 90% thanks to Justin Sun and ETF rumors, along with the gas fee reduction on TRON.
After receiving support from the TRON founder, PENGU, along with TRON's 30% gas fee reduction, triggered a strong surge, creating a rapid and cost-effective network development.
MAIN CONTENT
PENGU increased nearly 90% following Justin Sun's attention-grabbing post and ETF proposal.
Justin Sun reduced gas fees by 30% thanks to the STRX staking feature on TRON.
PENGU maintains strong momentum despite overbought indicators, confirming its technical potential.
What is PENGU and why did it suddenly surge?
Justin Sun, CEO of TRON, revealed PENGU's nearly 90% increase after posting an image of a penguin alongside the TRON logo, contributing to a strong community wave.
PENGU is a memecoin developed on Solana, inspired by the NFT collection Pudgy Penguins. According to expert Ali Martinez, in 2025, the SEC's review of the PENGU ETF application will be a crucial catalyst, pushing the token price to new highs.
"OK. Everyone has become a penguin."
Justin Sun, CEO of TRON, 14/07/2025, Twitter (X)
How did Justin Sun reduce gas fees on the TRON network?
Justin Sun emphasizes the importance of reducing gas fees to enhance competitiveness for TRON, encouraging the community to expand energy limits and staking.
Specific actions include introducing the STRX staking feature on JustLend, which has helped reduce energy rental fees by up to 30% in many cases, with many optimization measures still being developed.
"As the price of TRX continues to rise, the Tron community should adopt various measures to reduce Tron’s gas fees."
Justin Sun, CEO of TRON, 13/07/2025, Twitter (X)
What is the technical situation and price trend of PENGU?
Even though the RSI is above 81, indicating an overbought state, the cash flow remains strong. The MACD surpassing the signal line indicates that the upward trend is still reinforced.
After a rapid price increase lasting several days, the slight red candles likely reflect short-term profit-taking rather than a trend reversal. Trading volume remains high, confirming PENGU's appeal has not diminished.
Real-life examples and evidence
PENGU characteristics (Memecoin) TRON (Blockchain) Price increase (July 2025) ~90% Stability, gas fees reduced by 30% Founder None Justin Sun Transaction fees Not applied directly Gas fees reduced by 30% thanks to STRX staking Market performance Strong increase due to viral momentum and ETF proposal Improvements to enhance network competitiveness.
Frequently Asked Questions
What is PENGU? PENGU is a memecoin on Solana, inspired by the NFT collection Pudgy Penguins, gaining attention due to support from Justin Sun. What role did Justin Sun play in PENGU's rise? Justin Sun shared content, contributing to community buzz, helping PENGU increase nearly 90%. How did TRON reduce gas fees? TRON reduced energy rental fees by 30% thanks to the STRX staking feature on JustLend. What does PENGU's RSI mean? An RSI above 81 indicates that the token is in an overbought state, but buying power remains strong. Will PENGU continue to rise? Current technical data shows potential for further increase, but signs of correction should be monitored after a strong rise.
Source: https://tintucbitcoin.com/pudgy-penguins-tang-90-nho-sun/
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