$PENGU Here is the latest analysis for (Pudgy Penguins), a Solana-based meme coin, and the estimated potential increase based on current conditions:

Current Conditions & Positive Momentum

Robinhood Listing (Legend): PENGU has just been added to the advanced trading platform Robinhood Legend, triggering a price surge of up to +5% or even +12%, and strengthening to become one of the top Solana tokens with over 567,000 holders.

ETF Buzz: Canary Capital has filed for an ETF that largely contains PENGU tokens (80–95%) and a small amount of Pudgy Penguins NFTs (5–15%). This raises market expectations surrounding institutional adoption.

Strong Technical Support: Several technical analysts noted a "falling wedge" structure that could potentially breakout and mentioned a rally potential up to $0.041.

Price Target Estimates

Based on current sentiment, here are the estimated potential targets for PENGU:

Time ScaleEstimated TargetReason & NotesVery Short-Term$0.040–$0.041Technical breakout from the wedge, supported by Robinhood Legend listing momentum.Short (a few days–weeks)$0.044–$0.045Continuation of the rally after the previous breakout, having already touched $0.045 in JulyMedium–Long Speculative$0.44 (very bullish)Ultra-optimistic projection from Coinpedia, supported by ETF hype and listing

Conclusion

There is strong potential to experience an increase to $0.040–$0.041 in the near future if the technical breakout and listing momentum continue.

A moderate target of $0.044–$0.045 could be achieved if momentum continues and is supported by media hype and the ETF.

An extreme estimate of $0.44 is very bullish and may be more difficult to achieve in the short term—factors such as ETF approval and market sentiment must continue to support.