- PENGU holds regular at $0.02879 whereas broader markets wobble.
- Anticipated ETF launch on October 12 could possibly be a game-changer for liquidity and consciousness.
- Analysts level to attainable $3–$5B market cap targets, with whales steadily backing the token.
Pudgy Penguins’ native token, PENGU, appears to be holding its floor whereas the broader market struggles. Whilst Bitcoin drags the temper sideways, PENGU is displaying hints of a attainable bullish reversal. In the meanwhile, the token trades at $0.02879, with a day by day quantity of about $155.5 million and a market cap sitting close to $1.8 billion. During the last 24 hours, worth motion has been pretty secure, although the token remains to be down a bit of—round 3.8%—over the previous week.
PENGU ETF Launch Sends Buzz By means of the Group
Pleasure spiked after crypto analyst Broski confirmed the official launch date of the long-anticipated PENGU ETF: October 12. That is extra than simply one other occasion on the calendar—it’s being hyped as a historic second for each the PENGU token and the Pudgy Penguins group.
Broski put it bluntly: “Be sure to’re stacking now — in any other case you’ll be paying multiples later.” Whether or not that’s sharp buying and selling recommendation or simply bullish enthusiasm, one factor is evident—This autumn could possibly be one for the historical past books. An ETF tied to an NFT-inspired token is uncommon, and merchants might be watching carefully to see the way it shapes liquidity, consciousness, and group involvement. For a lot of holders, October 12 isn’t simply one other date—it’s the day they’re hoping PENGU shifts gears completely.
Can PENGU Actually Push Towards $5 Billion?
Analyst Bull added gasoline to the optimism, noting that PENGU’s capability to carry regular whereas the market wobbles is a uncommon high quality. In contrast to different altcoins that rise quick and crumble simply as shortly, PENGU’s construction suggests this isn’t some short-lived pump.
Charts present market cap consolidating between $1.7 billion and $1.8 billion, with breakout arrows pointing to attainable upside targets at $3 billion—and if momentum holds—in direction of $5 billion. In fact, breaking under present assist may set off a deeper correction, however up to now PENGU has defended its base properly.
What’s extra, “sensible cash” wallets proceed to load up. These strategic buyers aren’t chasing hype; they’re betting on the token’s long-term viability. That sort of habits sends a robust message: PENGU won’t simply be a enjoyable penguin-themed undertaking anymore—it’s beginning to appear like a severe participant available in the market.
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