• PENGU surged 4.02% to $0.031507 with $773.71 million trading volume, signaling growing investor interest.
• Analysts predict a possible 5x–10x rally, positioning PENGU for significant growth before year-end.
• On-chain data shows steady accumulation near $0.03, supporting optimism toward $1 by December.

Pudgy Penguins (PENGU) is rapidly emerging as one of the standout meme coins in the crypto market, gaining attention after a 4.02% price surge to $0.031507. Analysts expect a major breakout ahead, with projections suggesting a possible rally toward the ambitious $1 target by December.

Currently, Pudgy Penguins is at $0.031507, a 4.02% increase in the past 24 hours. The token recorded a $773.71 million trading volume and a $1.98 billion market cap, holding a 0.05% market dominance, signaling growing investor interest.

Potential 5x–10x Returns for PENGU

Pudgy Penguins is capturing major attention in the crypto space, with analysts calling it the potential meme coin of this market cycle. According to a recent post by CryptoPulse, the project’s “clean structure” and rising market buzz position it for a significant breakout.

PENGU is seen as offering a prime entry point before possible exponential growth. CryptoPulse projects an initial 5x–10x surge, citing strengthening market sentiment and favorable external conditions. If momentum accelerates, this rally could extend even further, marking PENGU as the next viral contender in the memecoin arena.

PENGU Price Prediction: Bulls Eye $1 Target

To further encourage optimism, market analyst CristiC estimated that the token could be valued at $1 by December. The prediction is a growth rate of about 6% per day, which is ambitious but not impossible considering the volatility and the high-paced changes observed in the meme coin industry.

By the latest chart observations, the bullish trend of the token is associated with the need to keep the movement going and the community interaction high. The token might encounter obstacles along the major resistance points, and this is more so in the range of 0.05 to 0.06. As long as the buying forces still have momentum, higher targets may soon come into play.

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Accumulation Shows Confidence Among Holders

According to on-chain data, the number of tokens that transited into long-term wallets is increasing, suggesting growing confidence in the project. Analyst Nobi indicated that the dips that had reached close to $0.03 were being absorbed rather than sold, hinting that bigger market participants are quietly increasing their exposure.

This gradual build-up period may become the base of the next big step. With the inflows still in place and the buzz in the market so high, Pudgy Penguins is potentially preparing for another explosive rally, and this time, the meme coin could well be one of the most exciting this year.

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