Pengu Price Prediction: What’s Driving $PENGU Current Surge?
Even before its official listing, PENGU generated buzz. It launched at $0.044 on Whale Pro but dropped 91% due to early volatility.
After Pudgy Penguins’ airdrop, PENGU soared 700%, reaching a $3B market cap and $90M trading volume in its first hour.
Currently, $PENGU trades at $0.300, marking a 500% gain, with a $1.87B market cap and $2.09B in trading volume.
PENGU’s total supply is 88.88B tokens, with 23.5% for airdrops and 12.3% locked as liquid tokens on DEXs.
PENGU finds support at $0.030, where smaller candles show indecision. Resistance forms at $0.035, posing challenges for buyers.
Bullish: If momentum rises, PENGU could break $0.035, heading to $0.050. Bearish: Breaking $0.030 may send it to $0.020.
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