• PENGU trajectory to ATH and beyond remains intact. 
• Analysts pay close attention to Pudgy Penguins as it nears its previous ATH. 
• The memecoin shows high promise of being a top performer this altseason.

Popular rising memecoin of the bull cycle, Pudgy Penguins (PENGU) has won over the hearts of the crypto community and could go on to become the leading memecoin asset this bull cycle alongside Dogecoin (DOGE). Presently, analysts confirm that PENGU trajectory to ATH and beyond remains intact. Just recently, pengu pulled off a 20-day EMA retest, and analysts believe the token is ready to fly to higher targets soon. 

PENGU Trajectory to ATH and Beyond Remains Intact

According to CoinMarketCap analytics, the price of PENGU is currently trading in the $0.037 price range, marking a steady pump of over 8.5% in the last 7 days. The memecoin is boasting a total market cap of $2,328,838,761.04 and a 24-hour trading volume of $528,597,524.12. The memecoin just has to see a pump of 35.35% to reclaim its previous ATH of $0.05, and analysts expect the price of PENGU to go even higher in altseason peak.

Pudgy Penguins (PENGU) launched at the start of this year and is the official coin of Pudgy Penguins, a web3 brand that fosters creativity, freedom, and community. The brand is built on content, merch, toys, and digital collectables featuring unique traits. In a very short time, PENGU has become a cultural icon and could very well be one of the top memecoin assets on the ongoing bull cycle. 

As we can see from the post above, the attached PENGU trajectory to ATH and beyond for 2025 remains intact as depicted in the image accompanying the post. The analyst states that the wider macro context for altcoins remains incredibly bullish in context, and once the price of ETH breaks up into new ATHs, altcoin prices will fly to new highs of their own. He then mentions that PENGU led over the summer, and expects it to lead again very soon.

While several other altcoins and memecoins show promising indicators for pumps, PENGU has risen as the most popular memecoin this bull cycle and could pull an extraordinary pump in altseason. Specifically, DOGE price will see a pump due to its ETF approval, making these two memecoins the most likely to lead the memecoins pump aspect of the upcoming altseason peak phase. 

PENGU Just Pulled Off a 20-Day EMA Retest 

Meanwhile, another reputed crypto figure, Lark Davis, sheds light on the fact that PENGU has just pulled off a 20-day EMA retest. As we can see from the image in the post above, he says that this marks the first one since the breakout from the downtrend. He says that despite the coming aftermath of the Fed rate cut announcement, PENGU price looks ready to fly. For this breakout pattern, he sets the bull target to $0.05 for the price of PENGU.