PENGU is trading near a critical support zone, hovering around the 0.50 Fibonacci level with the 200-day EMA just below. The token's price recently retraced to $0.028, with the 200 EMA at $0.02698 and resistance at $0.03766. Currently priced at $0.02845, PENGU has a market cap of $1.80 billion and a circulating supply of 62.86 billion tokens.
The Pudgy Penguins ecosystem is experiencing significant growth, expanding into retail, gaming, and social media. Plush toy sales have surpassed $13 million, and the mobile game 'Pudgy Party' has achieved 500,000 downloads within a month, highlighting the brand's increasing popularity.
PENGU Token Holds Key Support Amid Ecosystem Expansion
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