Just finished checking PENGU's on-chain data, feeling a bit hot on my back — the price is stuck in the support zone of $0.03-$0.033, but the trading volume has quietly increased by 30%. Those in the know understand that this 'sudden increase in volume after a period of decline' signal often means one thing in Meme coins: smart money is starting to quietly position.
First, see how 'hard' this support level is.
$0.03 did not come casually:
This is the stabilization point after the first push to $0.05 last week, when there was a buy order of 20 million U supporting the price.
On-chain data shows that there are 120 million PENGU holdings stacked in the 0.03-0.033 range, which is equivalent to 15% of the circulating supply — with so many chips locked here, it's not easy to drop below.
More importantly, during the recent market pullback, most Meme coins dropped over 20%, but PENGU stopped falling at $0.032, showing much better resilience than popular Meme coins during the same period.
Funds are secretly doing this.
Don't just look at the price not moving, small actions on-chain hide big signals:
In the past 24 hours, 5 new wallets each scanned 5 million PENGU (approximately 150,000 U at the current price), all are addresses that have not been seen before, unlike retail behavior.
The PENGU balance on exchanges is decreasing, with 8 million coins gone in just one day yesterday — either they were withdrawn for locking, or they were collected by large holders.
Fewer people in the community are calling out trades, but there are more transaction records — this 'quiet buying' phase is often safer than when everyone is calling out trades online.
Why can it be the 'strongest king of Meme'?
Meme coins have never been about technology, but about ecosystem and enthusiasm:
Community madness level: the Discord channel added 20,000 members in 3 days, the Twitter topic #PENGUArmy has exceeded 100 million views, and memes created by fans are spreading throughout the crypto circle — this kind of organic spread is 10 times more reliable than the project team spending money to buy traffic.
NFT ecosystem linkage: its NFT series 'PenguinDAO' has seen its floor price rise from 0.1 ETH to 0.3 ETH. Holding an NFT allows for extra token rewards, this 'coin + NFT' approach makes holders much more loyal than ordinary Meme coins.
Timing is crucial: we are currently in a Meme coin rotation period, several coins that were hot recently are starting to weaken, and funds are urgently looking for new targets. PENGU dropping back to a low position at this time is like handing a 'relay baton' to speculators.
Once it breaks $0.04, it could go crazy.
Why is $0.04 key?
This is the 'trapped area' from the last high, breaking through here means that everyone who chased high previously has been released, and the selling pressure will dramatically decrease.
According to the 'emotional premium' law of Meme coins, after breaking key levels, it is easy to see a 'FOMO surge', referencing how PEPE surged from 0.0000015 to 0.000003 after breaking pressure levels due to emotional momentum.
Conservatively speaking, after breaking $0.04, the first target can see $0.055 (last peak), optimistically, $0.07 is also a possibility — after all, the current enthusiasm for the entire Meme sector is higher than during the PEPE wave.
A reminder for friends who want to get on board.
Don't wait for 'confirmation of the rise' to chase, the characteristic of Meme coins is that they don't give opportunities once they start rising, and now the 0.03-0.033 range is a relatively safe entry point.
Don't be too heavy on the position, Meme coins are highly volatile, just play with 5%-10% of your capital, happy if you earn, no heartache if you lose.
Keep an eye on the stop-loss line of $0.028, this is the bottom line of the support area; if it breaks, it means funds did not enter as expected, don't hold on stubbornly.
The bull market of Meme coins has always been 'the bold get rich, the timid go hungry', but being bold needs to be logical — the current chip structure, community enthusiasm, and timing of PENGU are more reliable than blindly chasing new coins.
For those who want to catch this wave, comment 'Charge' in the comments, and tomorrow at opening I'll help you watch the real-time transaction volume and shout when it breaks $0.035~#机构筹资布局SOL .
