The price of the Pudgy Penguins token () has tripled since the beginning of 2025, reaching $0.045 as of July. This impressive growth is attributed to several factors. First, active community support and brand expansion, particularly through partnerships with Walmart and Target, have increased visibility. Second, the integration of PENGU into the Telegram ecosystem through the game Pengu Clash has expanded the audience to millions of users. Third, the announcement regarding the consideration of the Canary Spot PENGU ETF in the US has added institutional trust, stimulating demand.
Technical analysis indicates a breakout from a descending channel, and the Aroon Up Line at 100% signals a strong bullish trend. Additionally, the removal of Seed Tag on Binance and the anticipated Pudgy Party in August are fueling investor interest. Despite analysts' skepticism regarding the stability of meme coins, the unique combination of NFT culture and real products supports growth.
This success underscores the evolution of Pudgy Penguins from an NFT collection to a full-fledged Web3 brand. Stay updated on crypto market news and join #MiningUpdates
#PudgyPenguins #pengu #NFT #CryptoGrowth #Web3 #memecoin #CryptoNews #MiningUpdates
