🚨 !$PENGU ! This is what is being said about the future of the memecoin of #PudgyPenguins 🚨
PENGU, the native token of the acclaimed NFT collection Pudgy Penguins, is grabbing attention in the Solana market. With a rise of 10.2% in a week, predictions about its future are divided.
💥Divided opinions for the short term
While some analysts foresee a possible drop of 25% in August due to volatility, most technical indicators remain optimistic.
Analysts on X are even more bullish. @fyrechartz points out that PENGU is about to break a key resistance, which could unleash an explosive rise. @rektcapital, on the other hand, highlights that the token has just closed its best historical week and a consolidation above $0.04 could confirm an upward trend.
Will it shoot up to $0.70?
The most ambitious projections come from @ShitcoinSniper, who predicts that PENGU could reach $0.70 by the end of 2025. These goals are based on the overwhelming success of Pudgy Penguins, with partnerships in Walmart, listings on exchanges like Binance, and a massive presence on social media that has generated billions of interactions. In the long term, the same analyst even projects that the token could reach $1 by early 2026.
💥The backing of Pudgy Penguins
The potential of PENGU lies in its connection to a well-established brand that has managed to build a loyal community. However, it’s not all smooth sailing. Although NFT sales have decreased, the positive market sentiment and plans for expansion to other blockchains continue to generate significant interest.
