$PENGU 0.0096! The CEO hints at an IPO + moves into South Korea’s retail market—0.01 is just the appetizer!
When an NFT project starts getting into Walmart, and the CEO hints at going public, a MEME coin suddenly has fundamentals.
PENGU is currently at 0.0096. It has surged violently over the weekly chart by more than 60%, with market cap nearing $728 million. After breaking out of the 0.006 consolidation range on the 1-hour chart, it surged on volume. RSI at 67.41 is strong but not yet overbought. The MACD histogram has leveled off somewhat, but the fast and slow lines are still operating above the zero line. There may be short-term profit-taking demand, but the trend hasn’t changed—bulls remain in control.
On the news front, three major punches have landed recently: on August 23, CEO Luca Netz posted a tweet with “eyes + penguins + buildings + SOON,” which the market interpreted as a signal that an IPO is nearing. Pudgy Penguins has officially announced entry into South Korea’s retail market, continuing to expand its physical product line. LBank launched a $500,000 incentive campaign—daily trading volume spiked by over 300% to $666 million, and open interest rose 25.79%. For MEME coins, the biggest fear is no narrative. Now, with IPO expectations, retail expansion, and exchange hype running on three tracks at once, momentum is still climbing.
From the whale perspective, Nansen data shows that whale wallets increased their PENGU holdings by 17.71% over the past week, and spot exchange outflows reached $280,000—suggesting tokens are being moved to cold storage. Whales are accumulating—not selling.
Strategy: pull back to 0.0092–0.0095 to go long. More aggressive traders can go long at the current price. A volume-backed breakout above 0.010 is worth chasing.
The psychological level of 0.01 has already been tested once—do you think it can hold this time? Want to catch on-chain moves first? Tap follow, and let Tang Seng take you to crunch the data! #韩股KOSPI200夜盘期货跌1.77%
When an NFT project starts getting into Walmart, and the CEO hints at going public, a MEME coin suddenly has fundamentals.
PENGU is currently at 0.0096. It has surged violently over the weekly chart by more than 60%, with market cap nearing $728 million. After breaking out of the 0.006 consolidation range on the 1-hour chart, it surged on volume. RSI at 67.41 is strong but not yet overbought. The MACD histogram has leveled off somewhat, but the fast and slow lines are still operating above the zero line. There may be short-term profit-taking demand, but the trend hasn’t changed—bulls remain in control.
On the news front, three major punches have landed recently: on August 23, CEO Luca Netz posted a tweet with “eyes + penguins + buildings + SOON,” which the market interpreted as a signal that an IPO is nearing. Pudgy Penguins has officially announced entry into South Korea’s retail market, continuing to expand its physical product line. LBank launched a $500,000 incentive campaign—daily trading volume spiked by over 300% to $666 million, and open interest rose 25.79%. For MEME coins, the biggest fear is no narrative. Now, with IPO expectations, retail expansion, and exchange hype running on three tracks at once, momentum is still climbing.
From the whale perspective, Nansen data shows that whale wallets increased their PENGU holdings by 17.71% over the past week, and spot exchange outflows reached $280,000—suggesting tokens are being moved to cold storage. Whales are accumulating—not selling.
Strategy: pull back to 0.0092–0.0095 to go long. More aggressive traders can go long at the current price. A volume-backed breakout above 0.010 is worth chasing.
The psychological level of 0.01 has already been tested once—do you think it can hold this time? Want to catch on-chain moves first? Tap follow, and let Tang Seng take you to crunch the data! #韩股KOSPI200夜盘期货跌1.77%
