PENGU Soars Like a Tipsy Penguin on Roller Skates 🐧📈

by

Right. So Pudgy Penguins ($PENGU) has decided to stop being quite so pudgy and has bounced up a frankly ridiculous 26% in 24 hours. From a tragic low of $0.00956 (which sounds like the price of a sad Tesco meal deal), it’s now flapping about with a market cap of $645 million. Honestly, who knew digital penguins could be this dramatic?

The surge seems to be because a whale-presumably one with very expensive taste-decided to buy 2.9 times their usual amount, splashing $273,000 on tokens like they were buying a round at a Mayfair club. Meanwhile, new investors threw in $1.3 million because nothing says “smart money” like betting on cartoon penguins.

Oh, and Bitso, a Latin American exchange, announced they’ll launch a perpetuals aggregator in 2026 with $PENGU as a “core asset.” Because obviously, when you think of remittances, you think of chubby NFT penguins. 🏦🐧

But wait! There’s more! $PENGU has teamed up with the NHL for the 2026 Winter Classic, because nothing says “hockey” like… penguins? They’re kicking it off at Art Week Miami with giveaways, because nothing attracts mainstream attention like free stuff and confused sports fans.

Pudgy Penguins: Will It Crash or Waddle On? (Short-Term Drama)

Technically speaking (which is what one says when they have no idea but want to sound clever), $PENGU has reclaimed some resistance levels, which now act as “support.” Whatever that means. There were also $9.4 million in outflows last year-probably someone panic-selling to buy a yacht-but apparently, this means “strong holder conviction.” Sure.

Of course, there are risks. If $PENGU drops below $0.012, it could tumble 15-20%, like a penguin attempting parkour. Resistance levels loom ominously at $0.011-$0.0135, ready to crush dreams like a disappointed parent.

$PENGU Price: The Emotional Rollercoaster 🎢

The MACD on the 4-hour chart suggests “buying pressure,” which is trader-speak for “people are panic-buying again.” Daily swings hit 33%, because why have stability when you can have adrenaline?

$PENGU has reclaimed moving averages, the RSI has jumped from “depressed” to “mildly optimistic,” and the MACD histogram has gone positive. Basically, it’s the crypto equivalent of a penguin finally getting its act together.

Derivatives funding is “slightly positive,” the long/short ratio is down from 1.64 to 1.23 (because nothing says confidence like fewer longs), and open interest is flat. So, no leverage-fueled madness-just good old-fashioned FOMO.

FAQs (Because Someone Has to Ask)

What is Pudgy Penguins ($PENGU)?

It’s a cryptocurrency tied to 8,888 NFT penguins, because the world needed more ways to monetize adorable animals.

Why is the price rising?

Whales buying, exchanges listing, and NHL partnering. Also, probably moon tweets.

Is it a good investment?

If you enjoy heart palpitations and explaining NFTs to your nan, then yes.

How do I buy $PENGU?

Find an exchange, secure a wallet, and pray. Or just stick to plush toys.

Read More

2025-12-03 10:52