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Analysts believe a market capitalization of 100 billion dollars for PENGU is inevitable.
In support of the bullish momentum, analyst Broski emphasizes that PENGU will reach a market capitalization of 100 billion dollars. While many meme tokens thrive only due to short periods of hype, PENGU's consistent performance, strong consolidation, and brand strength uniquely position it to achieve such an ambitious goal.
That said, the road to such valuations will not be without challenges. Broader market sentiment, liquidity changes, and the inherent volatility of meme tokens can create sharp downturns along the way. Although Pudgy Penguins remains one of the strongest players in the segment, maintaining this trajectory will require sustained demand and continued ecosystem growth.
The price structure of Pudgy Penguins looks positive as bullish divergences emerge.
The recent price action of Pudgy Penguins shows a breakout from the range low, while momentum indicators are showing the first signs of bullish divergence. On the 8-hour chart, the RSI has already started to curve upward from oversold territory, suggesting a potential reversal. This setup often indicates seller exhaustion and buyers defending the range between $ 0.030 and $ 0.028.
The price structure of Pudgy Penguins looks positive as bullish divergences emerge, the price of PENGU may attempt another push towards recovering the average levels at 0.042 $ .
