PENGU Market Cap Holds $2.68B as Chart Structure Points to Continued Growth

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PENGU holds a $2.68B market cap as chart structure shows accumulation and breakout phases.

Analysts see a bullish “cup and handle” with potential $6B valuation target by 2025.

Support at $0.028 and resistance near $0.037 mark key levels as trading volume sustains growth.

The PENGU chart continues to display steady growth momentum, which has been maintained across many consecutive sessions. The project has earned strong community trust and support, while its transparent development team adds further stability. In a volatile market environment, PENGU is positioning itself as a smart choice for investors. At the time of writing, PENGU was trading at $0.02961.

Chart Structure and Market Movements

The PENGU/SOL trading chart shows the price at 1.888 with a recorded volume of 15.61 million. Liquidity stands at $531.82K, and market capitalization is valued at $2.68 billion, indicating steady growth

Pudgy Penguins’ token also reports a trading price of $0.02961 with 99.253K in daily trading volume. According to an analysis prepared by Bitcoin China, “The $PENGU chart paints a bright picture for investors.”

The chart shows defined phases of accumulation followed by structured breakouts, where the price advanced into higher ranges. Extended declines shifted into recoveries, creating a consistent upward path. Market data also shows community activity with 114,448 votes on BitcoinChina Score, underlining growing trust.

Bullish Patterns and Technical Outlook

According to Whale.Guru, PENGU is forming a cup and handle pattern, a bullish continuation setup often linked with upside moves. The analyst noted that clearing the $2B market capitalization level could pave the way for higher valuations, with $6B projected as a potential target in 2025.

Source: Whale.Guru(X)

Historical activity shows market capitalization falling sharply from above $3B to near $1B before forming a rounded bottom recovery. Current valuation stands at $1.84B after retracement, supported by 474.807K in trading volume. According to analyst Olking, repeated defenses of the $0.028 support zone suggest accumulation, with resistance seen near $0.037.

The launch of the Pudgy Party mobile game has expanded PENGU’s reach, while analysts like Ali Martinez maintain a bullish stance. The token’s resilience, combined with community trust and transparent development, reinforces its position as a strong project in the crypto market.

The post PENGU Market Cap Holds $2.68B as Chart Structure Points to Continued Growth appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

PENGU1.67%
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