• bitcoinBitcoin$91,462.56-2.00%
  • ethereumEthereum$3,145.23-1.58%
  • rippleXRP$2.07-4.41%
  • binancecoinBNB$895.39-1.64%
  • solanaSolana$137.71-4.16%

PENGU Price Rises Today- Analyzing the Spike

PENGU Price Rises Today- Analyzing the Spike

PENGU price jumps as trading volume soars, new exchange listings roll out, and hype builds around Pudgy Penguins’ mobile game launch.

Once more, the price of PENGU is increasing in the market.

It has increased by double digits in the last week, sparking speculation of a potential surge to all-time highs.

These are the reasons behind the rise of tokens.

Pengu Price Is Seeing Renewed Momentum

With a daily range of $0.0360 to $0.0458, PENGU price is currently trading at about $0.04282.

In a dramatic reversal from last year’s decline, the token has risen approximately 12% in the previous day, 40% in the last week, and an astounding 384% in the previous month, according to CoinMarketCap data.

PENGU Price Rises Today- Analyzing the Spike - Protechbro: Top Stories on Bitcoin, Ethereum, Web3, & Blockchain
Source: CoinMarketCap

Although the token is trading below its peak of about $0.069, which was hit in December 2024, recent patterns indicate that momentum may be regaining ground.

Pudgy Penguin (PENGU) currently has over 868,000 holders, according to WhaleInsider, suggesting that both big and small investors are again interested in the company, contributing to its recent bull run.

Additionally, according to Coinglass, trading volume jumped by about 42% to approximately $5.99 billion, while open interest increased 31% to roughly $748 million.

Source: Coinglass
Source: Coinglass

Growing speculation about a potential PENGU ETF is another element improving sentiment.

Several social media users expressed the belief that if the SEC approves a PENGU ETF, the price might soar; some even suggested it could reach 30 cents overnight.

Many people think a decision might be made between late July and mid-September 2025, even though there hasn’t been any formal confirmation yet.

This is predicated on standard regulatory schedules. According to analysts, mid-August may be a crucial period for this choice.

Exchange Support: Binance Futures Intervenes, Gemini Adds PENGU

The PENGU price narrative is being further supported by exchange action.

Gemini recently revealed the inclusion of the PENGU cryptocurrency.

Their platform allows users to deposit, withdraw, and trade PENGU, facilitating trader access to the token and boosting its liquidity.

On July 23, 2025, Binance Futures will introduce USD⑈-M PENGUUSDC perpetual futures.

As a result, traders will have more ways to wager on shifts in PENGU price.

Furthermore, based on the token’s comparatively low resistance levels above the 5-cent mark, one cryptocurrency analyst forecast that, if momentum continues, the price of PENGU may swiftly double or treble.

Source: X
Source: X

It’s also important to note that, as CoinGape previously revealed, PENGU will shortly release its mobile game on Google Play and the Apple App Store.

Following this news, the token’s price spiked, demonstrating the high level of interest in Pudgy Penguins’ foray into mobile gaming.

Technically, the price of PENGU has overcome several temporary resistance levels.

Analysts predict that a significant price shift may happen soon if big investors keep purchasing, trade volumes are substantial, and ETF rumors intensify.

Previous Article

Analysts See $2 Fartcoin Target As Whales Buy

Next Article

CoinShares Gets MiCA License, Expands in EU