PENGU Price Prediction: Why Pudgy Penguins Could Rally to $0.05 Soon

Highlights:

• PENGU trending towards the $0.043 resistance
• A rally through this resistance could see PENGU hit $0.05 soon
• Bullish strength is likely to be driven by token burns and growing adoption

Pudgy Penguins (PENGU) is one of the top cryptocurrency performers this week. This momentum is accelerating today, and PENGU is outperforming most top 100 cryptocurrencies. At the time of going to press, PENGU was trading at $0.0371, up by 10.58% in the day. PENGU trading volumes have also shot up by 81.9% in the day to stand at $542.5 million. 

This surge in trading volumes alongside a rising price indicates that bulls are taking control and that PENGU could be headed much higher in the short term. A couple of factors are driving FOMO around PENGU and could add to the bullish momentum going into the future. 

PENGU Holders On the Rise: A Pointer to Strong Demand

One of them is the growing number of PENGU holders. Latest data shows that there are now more than 1 million PENGU holders. This is a big deal considering that PENGU only had 4000 holders for its NFT in its early stages. The growth is important for two reasons. First, it indicates that more investors are interested in PENGU, and going by the economic law of supply and demand, the PENGU price could keep heading higher. Second, the PENGU project is evolving beyond its NFT roots into the broader cryptocurrency ecosystem. 

This presents a higher opportunity for growth, given that cryptocurrencies are going mainstream and are now considered by conservative investors who usually go for stocks and real estate. One move that positions PENGU for growth is its launch on the Solana blockchain. This is likely to attract more investors due to Solana’s low transaction costs, particularly those who do not have much money to invest in cryptocurrencies. The Solana move is likely to help push Pudgy Penguins to new highs going into the future.

Supply Decrease Due to Token Burns Could Push Price Higher

Rising PENGU demand is also coming against the backdrop of decreasing supply. PENGU has introduced an aggressive token burn mechanism that has sharply cut the total supply. This is a big deal as it has created an element of scarcity for PENGU and is now attracting investors who believe the declining supply could trigger more price rallies in the future. The result is that FOMO could continue building up around PENGU and send the price to new highs in the short to medium term.

Crypto community debates PENGU token burn's impact on value while discussing reduced circulating supply,1 some speculate on potential price surge2

1Pudgy Penguins burned 13.69% of $PENGU total supply ($150M worth) after claim period ended

2Project saw max 107.9% smart… pic.twitter.com/WrHegkOff5

— Rei (@unit00x0) February 6, 2025

Institutional Demand for PENGU Rising

PENGU is also starting to benefit from growing adoption by institutions. Recently, NASDAQ-listed BTCS Inc. announced that it had begun a Pudgy Penguins treasury. This is a big deal in terms of uplifting the profile of Pudgy Penguins as an investment. Besides such adoption into corporate strategies, PENGU is expanding its brand. Pudgy Penguins now has physical products, including toys.

This will likely add to PENGU’s intrinsic value and push its value higher going into the future. It is a factor that could cause investors to continue to FOMO into PENGU going forward and trigger a rally to new highs.

Pudgy Penguins & $PENGU were just featured in the Q2 @Bullish ( $BLSH on @NYSE ) earnings report and call.

Take a look at these slides that were just shown to all of Wall Street.

Institutions will huddle. pic.twitter.com/GciY2efbZI

— Pudgy Penguins (@pudgypenguins) September 17, 2025

Technical Analysis – PENGU Price Trending Towards Multi-Month Resistance

PENGU has gained upside momentum since rallying off the $0.0285 support on September 8. If the current momentum continues, it could be headed for the $0.0431 resistance. 

A rally through this resistance could see PENGU hit prices as high as $0.05 in the short term. On the other hand, if there is a correction, PENGU could retest the $0.0285 support. Of these two scenarios, the odds are higher for a rally to $0.05 in the short term.