{"id":74017,"date":"2025-09-08T11:54:58","date_gmt":"2025-09-08T11:54:58","guid":{"rendered":"https:\/\/coinjournal.net\/?p=334707"},"modified":"2025-09-08T11:54:58","modified_gmt":"2025-09-08T11:54:58","slug":"pengu-price-targets-new-all-time-high-amid-300-volume-spike","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/pengu-price-targets-new-all-time-high-amid-300-volume-spike\/","title":{"rendered":"PENGU price targets new all-time high amid 300% volume spike"},"content":{"rendered":"\n<ul>\n<li>PENGU price surges to $0.033 amid 300% volume spike.<\/li>\n<li>The memecoin could rally to $0.036 and $0.043 before bulls target the all-time high of $0.057 reached in December 2024.<\/li>\n<li>Overall crypto market conditions and Pudgy Penguins-specific catalysts could aid this bullish quest.<\/li>\n<\/ul>\n<p>Pudgy Penguins&#8217; native token, PENGU, has experienced a notable uptick in the past 24 hours, rising double digits to $0.032.<\/p>\n<p>The memecoin&#8217;s surge, driven by a staggering 300% increase in trading volume, puts buyers on the verge of a potential breakout to highs last seen in mid August.<\/p>\n<h2>PENGU price surges as volume jumps 300%<\/h2>\n<p><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/myx-finance-myx-price-continues-to-rise-despite-insider-manipulation-fears\/\">MYX Finance<\/a> and <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/how-high-can-the-worldcoin-wld-price-go-after-todays-22-jump\/\">Worldcoin<\/a> are the top two gainers among the 100 largest coins by market cap in the past 24 hours.<\/p>\n<p>But while MYX and WLD lead with 179% and 23% respectively, PENGU has seen a double-digit price increase of its own as it hovers 16% up.<\/p>\n<p>The altcoin climbed to highs of $0.033 for the first time since August 25, with market data showing the gains tracked a 300% spike in daily trading volume.<\/p>\n<p>As exchanges like Binance, OKX&nbsp; and Bybit reported huge trading activity for the coin, cumulative spot trading jumped to over $564 million.<\/p>\n<p>Data from Coinglass showed open interest jumping from $270 million to over $310 million, while the double digit gain pushed more shorts into rekt positions.<\/p>\n<p>As of writing, data showed over $1 million in bearish bets wiped out in 24 hours, compared to about $360k in long positions.<\/p>\n<h2>Pudgy Penguins price forecast<\/h2>\n<p>PENGU&#8217;s impressive performance aligns with a decent bounce for several altcoins.<\/p>\n<p>Notably, factors such as the U.S. Securities and Exchange Commission (SEC) acknowledging proposed PENGU\/NFT exchange-traded fund and overall resurgence in macro sentiment gives bulls a boost so needed heading into Q4.<\/p>\n<p>Support for Pudgy Penguins as a collateral asset on Coinbase for perpetual futures trading and other integration news add to the bullish outlook.<\/p>\n<p><span style=\"font-weight: 400;\">Ecosystem growth is another factor and the project was recently <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/x.com\/pudgypenguins\/status\/1961507782110449863\">noted<\/a> amid a key partnership:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&ldquo;Pudgy Party is a fast-paced mobile game featuring 6 game modes and 35 maps to enjoy solo or with friends. Collect resources and unlock rare costumes featuring collaborations with some of the world&#8217;s biggest brands and internet-native IPs.&rdquo;<\/span><\/p>\n<figure id=\"attachment_334708\" aria-describedby=\"caption-attachment-334708\" class=\"wp-caption alignnone\"><img data-source=\"CoinJournal\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-334708\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/09\/PENGUUSDT_2025-09-08_14-11-59.png\" alt=\"\" width=\"1057\" height=\"571\"><figcaption id=\"caption-attachment-334708\" class=\"wp-caption-text\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/PENGUUSDT\/\">PENGU price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>From a technical indicators point of view, the Relative Strength Index (RSI) stands at 53 and is upsloping. This suggests upward momentum is likely.<\/p>\n<p>PENGU&#8217;s daily chart also shows the Moving Average Convergence Divergence (MACD) hinting at a bullish crossover.<\/p>\n<p>Crypto analyst Ali Martinez has also <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/x.com\/ali_charts\/status\/1964962410290368983\">pointed<\/a> out that Pudgy Penguins is currently a buy given the TD Sequential indicator.<\/p>\n<p>If the MACD line decisively rises above the signal line, it will affirm the upward momentum and combine with the breakout of a downtrend line to allow bulls to target $0.036 and $0.043.<\/p>\n<p>PENGU price reached an all-time high of $0.057 in December 2024.<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/pengu-price-targets-new-all-time-high-amid-300-volume-spike\/\">PENGU price targets new all-time high amid 300% volume spike<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>PENGU price surges to $0.033 amid 300% volume spike. The memecoin could rally to $0.036 and $0.043 before bulls target the all-time high of $0.057 reached in December 2024. Overall crypto market conditions and Pudgy Penguins-specific catalysts could aid this bullish quest. Pudgy Penguins&#8217; native token, PENGU, has experienced a notable uptick in the past [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/pengu-price-targets-new-all-time-high-amid-300-volume-spike\/\">PENGU price targets new all-time high amid 300% volume spike<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":74018,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[48,43,1],"tags":[],"class_list":["post-74017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-crypto-news","category-general"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PENGU price targets new all-time high amid 300% volume spike - CoinAlSat.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinalsat.com\/en\/pengu-price-targets-new-all-time-high-amid-300-volume-spike\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PENGU price targets new all-time high amid 300% volume spike - CoinAlSat.com\" \/>\n<meta property=\"og:description\" content=\"PENGU price surges to $0.033 amid 300% volume spike. The memecoin could rally to $0.036 and $0.043 before bulls target the all-time high of $0.057 reached in December 2024. Overall crypto market conditions and Pudgy Penguins-specific catalysts could aid this bullish quest. 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The memecoin could rally to $0.036 and $0.043 before bulls target the all-time high of $0.057 reached in December 2024. Overall crypto market conditions and Pudgy Penguins-specific catalysts could aid this bullish quest. 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