Pudgy Penguins' native token, PENGU, is poised for a significant rally after entering a breakout phase characterized by a cup and handle pattern. Analysts have set a target price of $0.22, suggesting a potential 400% increase from current levels. The token's market capitalization stands at approximately $2.21 billion, with a daily trading volume of $321 million.
The ecosystem's growth is fueled by ETF filings, Walmart toy sales, and Pudgy Party downloads. Technical analysis by Ali Martinez highlights a breakout near $0.038, with potential targets reaching up to $0.340. Whale.Guru notes that PENGU's market structure could lead to substantial movements, supported by strategic partnerships and ongoing ETF reviews.
PENGU Token Eyes $0.22 Amid Breakout, Analysts Forecast 400% Surge
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