Pudgy Penguins (PENGU) is among the many high gainers in the present day, rising by double-digit good points on Sunday following endorsements by Tron founder Justin Solar on X (Twitter).
Elsewhere, the Tron government highlighted new measures to chop TRON gasoline charges and enhance community competitiveness.
PENGU Surges 31% Amid Justin Solar’s Meme Coin Increase
The Solana-based meme coin impressed by the favored NFT assortment surged 31% on CoinGecko following a flurry of social media momentum sparked by TRON founder Justin Solar.
Solar posted a cartoon depiction of a penguin styled together with his signature coiffure and sporting a TRON emblem shirt. Accompanying the picture was the caption: “OK. Everybody has grow to be a penguin.”
OK. Everybody has grow to be a penguin. pic.twitter.com/0G6jzMlUYD
— H.E. Justin Solar
(@justinsuntron) July 13, 2025
(@justinsuntron) The publish rapidly gained traction inside the crypto and Pudgy Penguins communities, which responded enthusiastically. The official Pudgy Penguins X (Twitter) account quoted Solar’s publish with the phrase, “Everybody will Huddle.
“Justin appears good right here. Welcome to the Huddle,” Pudgy Penguins wrote in a publish.
The viral second has amplified consideration round PENGU, serving to push its worth increased and fueling additional hypothesis concerning the token’s upside.
In the meantime, the surge in PENGU worth comes solely days after on-chain analyst Ali highlighted an impending momentum for the Pudgy Penguins token. The analyst described the token as having actual fundamentals.
“Whenever you examine what PEPE achieved to the place PENGU stands in the present day, it looks like a once-in-a-lifetime entry. The important thing distinction? Pudgy Penguins has actual fundamentals behind it,” wrote Ali.
The analyst additionally famous PENGU’s “textbook bullish retest” on July 10 and forecasted a short-term worth goal of $0.060 by August. Nevertheless, this forecast is contingent on the US SEC (Securities and Alternate Fee) approving Canary’s Spot PENGU ETF.
Notably, the US SEC acknowledged the submitting solely days in the past, a transfer that despatched PENGU worth hovering over 23% to achieve a multi-month excessive.
PENGU Worth Outlook
The PENGU/USDT chart on the 1-day timeframe reveals the Pudgy Penguins token scaling a restoration rally, en path to retake its all-time excessive (ATH) of $0.07, recorded on December 17.
Technical indicators align with the assist confluence between the 50, 100, and 200 SMA (Easy Transferring Averages) at $0.012, $0.011, and $0.013, respectively. Any perceived promoting strain could be countered by vital purchaser momentum from these bull congestion zones.
In the identical gentle, the Relative Energy Index (RSI) indicator additionally reveals rising momentum, steadily recording increased highs and better lows.
If shopping for strain will increase, the PENGU worth might recapture assist as a result of 50% Fibonacci retracement degree of $0.036. Enhanced shopping for strain past this degree might see PENGU flip essentially the most vital Fibonacci degree, 61.8% at $0.044% into assist.
A decisive candlestick shut above this degree on the day by day timeframe might set the tone for PENGU to reclaim its $0.07 ATH. Such a transfer would represent a 130% transfer above present ranges.
Conversely, if traders money in for early earnings, it might interrupt the continued rally for PENGU. A break beneath the 23.6% Fibonacci retracement degree might plunge PENGU again into the consolidating section beneath $0.019, the place bulls would have one other discounted entry across the SMAs
Justin Solar Pushes TRON Payment Cuts to Preserve Community Aggressive
In the meantime, Solar continues to push for decreased TRON gasoline charges. He urged the TRON group to undertake numerous measures to chop transaction prices.
As the worth of TRX continues to rise, the Tron group ought to undertake numerous measures to scale back Tron’s gasoline charges—whether or not by decreasing the unit worth of vitality, rising the vitality cap, or encouraging vitality staking—to make sure the Tron community stays aggressive.
— H.E. Justin Solar
The Tron government adopted up with tangible outcomes, indicating that Justlend’s STRX staking function has already decreased the unit worth for vitality rental.
Particularly, it lowered the general vitality rental price by 30% throughout numerous eventualities. Extra measures to additional scale back TRX community transaction charges are presently being applied.
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