Can #PENGU Token Mirror Dogecoin's Meteoric Rise After Robinhood Listing?

The viral memecoin PENGU, tied to the popular Pudgy Penguins NFT brand, is making headlines once again. Following its surprise #Robinhood listing, market analysts are forecasting a potential 70% price rally, drawing parallels with Dogecoin’s (DOGE) early bull run momentum.

With a surging social media presence, strong on-chain accumulation, and potential #ETF exposure, is PENGU setting the stage for the next explosive altcoin rally?

Robinhood Listing Ignites New Momentum

Robinhood, a platform known for introducing mainstream audiences to digital assets like DOGE and SHIB, recently listed PENGU, triggering an immediate market reaction. The listing has lowered the barrier to entry for retail investors who previously found Pudgy Penguin #NFTs expensive or inaccessible.

As Pudgy Penguins NFT floor prices soar, retail investors are turning to PENGU as a more affordable way to gain exposure to the project's ecosystem.

“The Robinhood listing is a game-changer,” said Trader Theory, a popular pseudonymous analyst. “It opens the door for mass-market speculation—just like we saw with #DOGE and $SHIB in previous cycles.”

Price Target: $0.12 and Beyond?

Technical analysts are watching the $0.12 resistance zone closely. According to Olking, a crypto strategist with over 90,000 followers on X (formerly Twitter), $PENGU is forming a classic breakout pattern.

“We’re seeing a textbook ascending triangle with increasing volume,” said Olking. “If PENGU breaches the $0.12 resistance, we could witness $DOGE -style growth in the near term.”