Hello Family 👷‍♀️👷‍♂️ #pengu #DOGE #PudgyPenguins

Are the chubby penguins 🐧🐧🐧 taking the place of Dogecoin?

These licensed plush toys were sold separately in large supermarket chains like Walmart and Target. Additionally, some of these penguin-shaped toys were bundled with Pudgy Penguins NFT purchases $PENGU , so real adoption can be easily compared to that of Dogecoin $DOGE , another easily recognizable crypto project, often referred to as Elon Musk's favorite cryptocurrency.

Now, a push towards $0.042 - $0.05 could be next in line for the price of PENGU. For this to happen, Pudgy Penguins (PENGU) must remain above the threshold of $0.032, which represents the upper Bollinger band (BOLL), shown in red. With large inflows of investors still bullish, PENGU is approaching a market capitalization of $2 billion, while still being 58% from its all-time high.