- Pudgy Penguins (PENGU) value has surged by 70% amid ETF submitting and Revolut itemizing.
- A famend analyst has in contrast PENGU’s breakout to PEPE’s previous rally.
- Sturdy assist and rising quantity sign bullish momentum for PENGU.
Pudgy Penguins (PENGU) is capturing the eye of crypto merchants after an explosive transfer that echoes PEPE’s iconic breakout final yr.
In only one week, PENGU surged greater than 70%, climbing to a two-month excessive of $0.0163 and overtaking established meme tokens like WIF, FLOKI, and BRETT in market cap rankings.
This sudden rise, now positioning PENGU because the eighth-largest meme coin and 94th general by market cap, is drawing comparisons to PEPE’s historic ascent that turned heads throughout the crypto group.
PENGU ETF submitting fueling the surge
The primary catalyst behind PENGU’s sudden breakout seems to be a pivotal regulatory growth that would change the panorama for meme cash.
On June 25, 2025, the Cboe BZX Trade submitted a 19b-4 submitting to the US Securities and Trade Fee (SEC), searching for approval for a first-of-its-kind hybrid ETF backed by Canary Capital.
The proposed ETF would allocate 80% to 95% of its belongings to PENGU tokens, with the remaining steadiness in Pudgy Penguins NFTs, making a uncommon bridge between fungible tokens and digital collectibles.
If accredited, this is able to be the primary American ETF to carry precise NFTs together with a meme coin, a construction that opens the door for institutional entry to the NFT-backed meme financial system.
Investor sentiment turned sharply bullish after the announcement, with rising buying and selling quantity and social media buzz reflecting rising confidence in PENGU’s long-term potential.
Fintech big Revolut has listed Pudgy Penguins (PENGU)
Including to the momentum, fintech big Revolut listed PENGU on its buying and selling platform, permitting hundreds of thousands of retail customers globally entry to the asset.
This integration gave PENGU a brand new stage of accessibility and credibility, reinforcing its standing as greater than only a fleeting meme development.
The itemizing’s timing, aligned with the ETF information, created an ideal storm of publicity and utility that quickly boosted demand and liquidity.
Sturdy technicals again the bullish sentiment
Technical indicators additional assist PENGU’s upward trajectory, signalling sustained bullish stress in latest periods.
Quick-term evaluation reveals strong assist between $0.012 and $0.013, with resistance rising across the $0.015 to $0.016 vary.
A breakout above these ranges may push the value towards the subsequent main goal of $0.01745, with some analysts even projecting a run towards $0.044, a possible 200% enhance.
The Chaikin Cash Movement (CMF) indicator registers a wholesome +0.21, properly above the impartial zone, indicating robust capital inflows through the rally.
In the meantime, accumulation indicators like A/D present sustained curiosity on dips, and rising quantity means that patrons are firmly in command of the market.
Historical past could also be repeating itself
Market analyst Ali Martinez has drawn a compelling comparability between PENGU and PEPE’s breakout sample from final yr.
In line with Martinez, PENGU’s present construction mirrors PEPE’s pre-rally part, and a day by day shut above the $0.015–$0.017 zone may unleash an analogous vertical transfer.
$PENGU is beginning to look loads like $PEPE did earlier than it exploded! A day by day shut above $0.015–$0.017, and this practice could possibly be unstoppable. pic.twitter.com/dQqc8lY7ev
— Ali (@ali_charts) July 1, 2025
Regardless of its latest power, PENGU continues to be down 77.6% from its December 2024 all-time excessive of $0.06845, providing important room for restoration if momentum continues.
On the identical time, the token has rebounded 312% from its April 2025 low of $0.003715, suggesting a foundational base has been established.
If historical past repeats itself, because it did with PEPE, then Pudgy Penguins (PENGU) may quickly discover itself on the forefront of the subsequent meme coin frenzy — this time with deeper institutional roots and a hybrid construction that units it aside.
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