1B PENGU Scooped Up in Just 5 Days Will It Smash Through $0.046?
Whale wallets are going all in on PENGU, accumulating a massive 1 billion tokens pushing holdings to a 3 month high of 14B.
Despite only a slight price uptick +1% on Aug 5, trading volume is booming, and monthly gains still sit above 112%.
The memecoin is riding the wave of Phantom's Solsniper acquisition, boosting Solana based projects' visibility.
What’s fueling the hype?
PENGU ranks #2 in whale inflows on Solana, pulling in $11.87M, just behind BONK.
Social buzz is off the charts with nearly 1 billion average daily views on X and over 567K holders.
Strong fundamentals + growing community = serious potential.
Tech Check:
Price broke out of a falling wedge but now fighting to stay above support at $0.034
Next resistance level? $0.046
Can whales flip the script and send PENGU soaring? Or will market caution slow its momentum?
DYOR
