Crypto Express

07/10 13:34

PENGU Price Skyrockets 30% After SEC Acknowledges

PENGU Price Skyrockets 30% After SEC Acknowledges Spot ETF Filing

PENGU surges 30% as SEC acknowledges ETF filing; market cap tops $1.2B with $700M+ in daily volume.

Analysts predict $0.060 price by August, fueled by ETF buzz, bullish patterns, and rising whale interest.

PENGU, the memecoin inspired by Pudgy Penguins, is making headlines after the U.S. SEC acknowledged a spot ETF filing by Canary Capital. The news sent the Solana-based token soaring nearly 30%. It also became the top-performing cryptocurrency in the Top 100 on CoinGecko today.

Looking Ahead to 2025

The token is holding strong above key moving averages, and with RSI above 60 and support forming near $0.015, signs point to a continued bullish trend, if trading volume rises.

The price is expected to climb 15–20%, possibly reaching $0.0185 to $0.0192 by the end of July. If momentum builds further, the next target is $0.0225. Analysts believe that PENGU is gearing up for another rally in 2025 and may stay strong through the year.

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