$PENGU , the official meme coin of Pudgy Penguins, has gone parabolic ahead of the upcoming launch of Pudgy Party, a new mobile game set to hit the App Store and Google Play. The coin surged over 117% in a week, hitting a high of $0.03456, with trading volume spiking to $1.75 billion and market cap crossing $2 billion.
Fueling the hype is Coinbase’s recent adoption of a Pudgy Penguins NFT as its profile picture, plus a $5,000 $PENGU giveaway tied to the game’s launch.
Technical indicators suggest strong momentum but hint at possible short-term cooling. Key support lies at $0.03136 and $0.0297, with resistance levels at $0.0361 and $0.0383. A further rally is possible if $0.0340 is broken, especially if the rumored PENGU ETF gains approval.
