Pudgy Penguins Price Prediction – Why PENGU Could Soon Rally to $0.06

Highlights:

• PENGU is in an intra-day correction with $0.045 as resistance
• Correction is minor and primarily driven by short-term profit-taking
• Overall momentum is up as more bullish factors converge for PENGU

Pudgy Penguins (PENGU) has been one of the best-performing cryptocurrencies in the past month. In the last 30 days, PENGU has gained by 433%, which is impressive given that most top 100 cryptocurrencies have not even doubled in price in the same period. Despite the strong rally in the month, Pudgy Penguins bulls are not showing any signs of slowing down, as usually happens after parabolic price moves. In the last 24 hours, when most top 100 cryptocurrencies show weakness, PENGU has gained 18% to trade at $0.044. 

PENGU Trading Volumes Surge Indicator to Underlying Strength

At the same time, PENGU trading volumes are on the rise. In the last 24 hours, PENGU trading volumes have shot up by 66% to a high of $2.74 billion. This indicates that even after a 400% rally, investor interest in PENGU remains high. The result is that PENGU could be headed even higher in the short term. A couple of strong factors are currently supporting PENGU’s price rally. 

Pudgy Penguins Getting Listed On More Exchanges

One of the factors likely to propel PENGU higher is the fact that more exchanges are listing it. The latest to list PENGU is Gemini Exchange. The listing has also coincided with PENGU’s fourth anniversary, which is creating a lot of excitement around PENGU NFTs on social media. NFT floor prices are up over 16% in a week, and 55% in the last 30 days.

This rising price floor has made it the second-largest NFT collection by market cap, behind CryptoPunks. As PENGU NFT price floors continue to rise, the price of PENGU tokens will likely keep going up in the foreseeable future. It is a factor that could see Pudgy Penguins soon retest its all-time highs, and potentially make new ones. 

PENGU is now available for trading on Gemini

Deposits & withdrawals enabled ✅

Buy, sell, and store today: https://t.co/ZjfPNRBSNr pic.twitter.com/amPom7buuW

— Gemini (@Gemini) July 22, 2025

Analysts Increasingly Bullish on PENGU

PENGU will also likely keep gaining as technical analysts continue to give a bullish outlook. Chartists are in consensus that PENGU has made a bull-flag breakout pattern. These analysts point to PENGU likely headed to around $0.047 in the short term.

There are analysts with even bigger projections for Pudgy Penguins. They believe that as long as the price keeps increasing, PENGU will likely find its first resistance at $0.06. This gives PENGU significant room for growth before it can find any price slowdown. Such projections will likely add to the FOMO that PENGU has built up in the short to medium term.

$PENGU there’s no resistance levels after 5c, it could just shoot to 10c by the end of this week. Higher higher‼️‼️ pic.twitter.com/8h3yyThpdt

— BRUH 👑 (@ItsCryptoBruh) July 22, 2025

ETF Buzz Keeping Excitement Going on PENGU

PENGU could also get more upside boost from the buzz around a possible ETF listing. Recently, Canary Capital filed the Form 19b-4 for a spot PENGU ETF. The SEC acknowledged receipt, which is expected to mix 80 -95% PENGU tokens and 5 – 15% Pudgy Penguins NFTs. With the recent passage of laws in the US that offer regulatory clarity on cryptocurrencies, the odds are high that this ETF will be approved. The expectation around the ETF is likely to keep PENGU going higher, and its approval could be the catalyst that sends the price rocketing to new highs in the foreseeable future.

It’s absolutely crazy how $PENGU outperformed all memes last week.

Whales started bidding heavily after the ETF hype got real.

For some time now there’s been growing interest in a proposed exchange-traded fund that would combine exposure to @pudgypenguins NFT & $PENGU.

But on… pic.twitter.com/7Aa4KRRbfs

— hødl (@hodl_strong) July 7, 2025

Technical Analysis – Pudgy Penguins In An Intra-Day Correction

PENGU is in an intraday correction after hitting short-term resistance at $0.045. It is currently trading towards intra-day support at $0.041. If the $0.041 support holds, the price could consolidate before the next leg up.

In such a case, prices above $0.05 could be hit in the short term. On the other hand, if PENGU bears are strong enough to breach the $0.041 support, then a correction to the multi-day support at $0.035 could follow.