PENGU Price Forecast – Pudgy Penguins Eyes $0.04 as ETFs Get Closer

Highlights:

• PENGU is in an early bull run on the weekly chart
• PENGU momentum by ETF news and growing adoption 
• Rally could push PENGU to $0.04 soon

Pudgy Penguins (PENGU) is outperforming the broader market by a huge margin. PENGU was up by 32.19% when going to press to trade at $0.019. PENGU trading volumes are up strongly in the day. Data indicates that PENGU trading volumes are up by 33.1% in the day to stand at $1.21 billion. This suggests that investors are going in on PENGU in large numbers, expecting the price to go even higher. It is an indicator of FOMO buildup in PENGU. The FOMO around Pudgy Penguins has multiple factors backing it up.

Pudgy Penguins ETFs Likely Coming Soon

One factor that could drive PENGU higher is excitement around an ETF. On July 9, the US SEC said it had received a 194-b form from Canary Capital for a Pudgy Penguins ETF. The ETF, if approved, will comprise 80 – 95% PENGU tokens.

The other 5 – 15% of the ETF will be made up of Pudgy Penguins NFTs. This could push PENGU higher for two reasons. First, it raises the profile of PENGU among altcoins to a level that most other tokens cannot reach. PENGU is a meme coin, and the rising number of rug pulls has increasingly diluted the credibility of meme coins in this market segment.

🚨 The Spot $PENGU (@pudgypenguins) ETF from Canary has been officially acknowledged by the SEC. pic.twitter.com/zDEuGTosvS

— The Solana Post (@thesolanapost) July 9, 2025

For a meme coin like PENGU to get an ETF, it means it’s credible, which would make it an investor’s meme coin of choice in a bull market. Then there is the fact that with an ETF, the average investor not well-versed in crypto, particularly meme coins, now has a chance to invest in this market segment. This could push PENGU demand to unprecedented levels, which will likely continue to reflect in the price, especially in a market-wide bull market. 

PENGU Earning Multiple Strategic Partnerships

Besides the increased possibility of a PENGU ETF becoming a reality, Pudgy Penguins has also earned several important partnerships. PENGU recently got into a strategic partnership with Lufthansa and NASCAR. These globally recognised brands in their respective markets could help drive a positive perception of PENGU going into the future.

PENGU has also earned itself listings in traditional trading platforms, further making it accessible to be non-crypto investing public. For instance, PENGU was listed for trading on eToro, one of the more notable trading platforms in the world. This is good for perception as a credible meme coin and driving money towards PENGU as an investment.

$Pengu pumping hard todayyy🚀💎

Why being super bullish on $Pengu is a good idea & it is most likely going to 0.2-03 in the coming months?

1. **Strong Community & Brand**: Pudgy Penguins has a massive, engaged community with millions of followers and billions of social media… pic.twitter.com/lB2pEhrEVM

— Millionsz (@MaddyonSol) July 10, 2025

PENGU is also getting into physical merchandise, which could further help grow the PENGU brand. For instance, the PENGU team has gone into Pudgy toys sold in major stores such as Target. This could also make the average investor more comfortable investing in PENGU than other meme coins. 

Whales Increasingly Loading Up On PENGU

PENGU also benefits from its popularity with cryptocurrency whales. In the last three months, the number of PENGU whales holding more than 8 million PENGU has grown by 2.5%. This indicates that institutional money increasingly flows into PENGU, which could drive a bullish narrative around PENGU and real demand.

$pengu whales definitely up to something pic.twitter.com/pL3aomozpE

— MotrrixY (@motrrixy) July 10, 2025

Technical Analysis – Pudgy Penguins Breaks Out of Multi-Week Range

PENGU oscillated between the $0.013 resistance and $0.0038 support for months. 

Last week, PENGU breached the $0.013 resistance, and the momentum is accelerating this week. If this momentum continues, PENGU could soon hit $0.04, the first resistance before a potential rally to new all-time highs.