Polymarket data indicates a 21% probability that Pengu (PENGU) will surpass $0.05 by November 30, reflecting a 4% decrease in recent days. Traders can wager on the outcome, with 'Yes' bets priced at 34 cents and 'No' at 92 cents. Currently, Pengu is trading at $0.02278, marking a 5.5% increase over 24 hours but an 11.7% decline from its weekly peak. Analyst Ali Martinez suggests a potential short-term price increase if Pengu closes above $0.026. In a strategic move, Igloo Inc. has partnered with Invariant to bolster Pengu's influence in Washington D.C., targeting U.S. crypto regulatory discussions.