PENGU price targets new all-time high amid 300% volume spike
The post PENGU price targets new all-time high amid 300% volume spike appeared on BitcoinEthereumNews.com. PENGU price surges to $0.033 amid 300% volume spike. The memecoin could rally to $0.036 and $0.043 before bulls target the all-time high of $0.057 reached in December 2024. Overall crypto market conditions and Pudgy Penguins-specific catalysts could aid this bullish quest. Pudgy Penguins’ native token, PENGU, has experienced a notable uptick in the past 24 hours, rising double digits to $0.032. The memecoin’s surge, driven by a staggering 300% increase in trading volume, puts buyers on the verge of a potential breakout to highs last seen in mid August. PENGU price surges as volume jumps 300% MYX Finance and Worldcoin are the top two gainers among the 100 largest coins by market cap in the past 24 hours. But while MYX and WLD lead with 179% and 23% respectively, PENGU has seen a double-digit price increase of its own as it hovers 16% up. The altcoin climbed to highs of $0.033 for the first time since August 25, with market data showing the gains tracked a 300% spike in daily trading volume. As exchanges like Binance, OKX and Bybit reported huge trading activity for the coin, cumulative spot trading jumped to over $564 million. Data from Coinglass showed open interest jumping from $270 million to over $310 million, while the double digit gain pushed more shorts into rekt positions. As of writing, data showed over $1 million in bearish bets wiped out in 24 hours, compared to about $360k in long positions. Pudgy Penguins price forecast PENGU’s impressive performance aligns with a decent bounce for several altcoins. Notably, factors such as the U.S. Securities and Exchange Commission (SEC) acknowledging proposed PENGU/NFT exchange-traded fund and overall resurgence in macro sentiment gives bulls a boost so needed heading into Q4. Support for Pudgy Penguins as a collateral asset on Coinbase for…
The post PENGU price targets new all-time high amid 300% volume spike appeared on BitcoinEthereumNews.com.
PENGU price surges to $0.033 amid 300% volume spike. The memecoin could rally to $0.036 and $0.043 before bulls target the all-time high of $0.057 reached in December 2024. Overall crypto market conditions and Pudgy Penguins-specific catalysts could aid this bullish quest. Pudgy Penguins’ native token, PENGU, has experienced a notable uptick in the past 24 hours, rising double digits to $0.032. The memecoin’s surge, driven by a staggering 300% increase in trading volume, puts buyers on the verge of a potential breakout to highs last seen in mid August. PENGU price surges as volume jumps 300% MYX Finance and Worldcoin are the top two gainers among the 100 largest coins by market cap in the past 24 hours. But while MYX and WLD lead with 179% and 23% respectively, PENGU has seen a double-digit price increase of its own as it hovers 16% up. The altcoin climbed to highs of $0.033 for the first time since August 25, with market data showing the gains tracked a 300% spike in daily trading volume. As exchanges like Binance, OKX and Bybit reported huge trading activity for the coin, cumulative spot trading jumped to over $564 million. Data from Coinglass showed open interest jumping from $270 million to over $310 million, while the double digit gain pushed more shorts into rekt positions. As of writing, data showed over $1 million in bearish bets wiped out in 24 hours, compared to about $360k in long positions. Pudgy Penguins price forecast PENGU’s impressive performance aligns with a decent bounce for several altcoins. Notably, factors such as the U.S. Securities and Exchange Commission (SEC) acknowledging proposed PENGU/NFT exchange-traded fund and overall resurgence in macro sentiment gives bulls a boost so needed heading into Q4. Support for Pudgy Penguins as a collateral asset on Coinbase for…
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