The popular Solana meme coin, Pudgy Penguins (PENGU), continues to be one of the top-performing crypto assets in this bull cycle.
The PENGU crypto price surged last Thursday after the US Securities and Exchange Commission officially acknowledged Canary Capital’s filing for a spot PENGU exchange-traded fund.
The proposed ETF would primarily hold the meme coin, along with a small allocation of Pudgy Penguin NFTs and reserve balances in SOL and ETH for gas and liquidity. If approved, it would become the first ETF offering an NFT.
The PENGU price has skyrocketed by more than 100% over the past week, posting the second-highest gains of any top 100 cryptocurrency on CoinMarketCap. Similarly, it has rallied by nearly 200% over the past 30 days, again the second-best performance of any top 100 crypto, trailing only MemeCore.
Following its strong outperformance, sidelined investors are now debating whether to enter at current price levels or wait for a more favourable entry point.
PENGU price predictions from seasoned analysts suggest the meme coin still has significant upside. While new buyers can still grab attractive returns from it in Q3, they should watch key support and resistance levels closely to avoid investing at the wrong time.
Is It Too Late To Invest In Pudgy Penguins?
The crypto market is in a bull run, with Bitcoin pushing higher in price discovery. However, certain altcoins are seeing much stronger rallies, and Pudgy Penguins is one of the coins stealing the spotlight.
The PENGU coin broke out of the key $0.017 resistance last week, which has resulted in an explosive rally to $0.0325.
The meme coin is currently moving within an ascending broadening wedge, which is typically a bearish pattern. However, a breakout above the upper trendline could result in another explosive bullish continuation.
Meanwhile, Pudgy Penguins’ 4-hour and daily RSI have entered overbought territory. In a bull market, this typically carries less weight and does not immediately signal a sell-off. However, sidelined investors should remain cautious, as a short-term pullback is still possible.
On the contrary, seasoned trader Crypto Tony indicates that he would open a long position in PENGU if the meme coin convincingly flips the $0.032 resistance into support.
PENGU Price Prediction – Is $1 Possible In 2025?
While the PENGU coin may have reached overbought territories in the short term, experts believe it still has tremendous upside.
For instance, the PENGU price prediction from prominent analyst Ali Martinez indicates that the meme coin could hit $1 in early 2026.
Martinez claims that the Pudgy Penguins price is following Pepe’s fractal, which indicates that it could rally by more than 2000% to hit $0.65 in 2025 and $1 in early 2026.
Legendary trader Bluntz is more conservative, though he is also anticipating another 100% rally in the coming weeks, with a price target of $0.055 in August.
Experts Call TOKEN6900 The Next 100x Crypto
Pudgy Penguins remains one of the top-performing meme coin ecosystems this cycle, but like most large caps, its upside is increasingly capped.
That’s where small caps like TOKEN6900 come into play. Still in its presale phase, TOKEN6900 has already raised over $300,000 toward its $5 million hard cap.
The project embraces its identity as a no-utility meme coin, describing itself in the whitepaper as a “consciousness parasite” and a “benchmark for brain rot finance.” One line reads, “It doesn’t track GDP, oil, or earnings. It tracks vibe liquidity.”
It is this kind of candour that has resulted in the success of coins like Fartcoin, SPX6900 and USELESS. Even Dogecoin and Pepe don’t try to sell investors on utility and fundamentals. T6900 is the same.
TOKEN6900 is offering 80% of its total supply to the public, with no VC allocation and a staking mechanism designed to reward early believers.
In a market increasingly driven by narrative, TOKEN6900 checks all the boxes. It has scarcity, attention, and a self-aware tone that makes it hard to ignore. Prominent crypto influencers are bullish on its high upside potential, with many calling it the next 100x crypto.
Visit TOKEN6900 Presale
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