Pudgy Penguins’ native cryptocurrency PENGU 🐧, a digital penguin with a price tag of $0.0316, has taken center stage in the chaotic theater of crypto. 🎭
Despite a 17% PENGU price drop over the past week, analysts are hopeful for a strong move going ahead, while calling this a healthy correction. 🧙♂️
Discussions around a potential PENGU ETF also seem to be gathering steam, as if the market is a steam train with no brakes. 🚂
PENGU Price Drop Offers Buy-the-Dip Opportunity
Amid the recent correction in PENGU price, analysts are now weighing buy-the-dip opportunities. Crypto analyst Ali Martinez stated that the recent dip in PENGU price to $0.025 appears to be a healthy correction. 🧠
Martinez added that with the upcoming ETF filing, growing adoption in Asia, and millions of toy sales, the token’s upside potential remains strong. 🚀
$PENGU dip to $0.025 looks like a healthy correction! With ETF filing, Asia growth, and millions of toy sales, upside potential remains strong.
– Ali (@ali_charts) August 18, 2025
PENGU is trading 4% lower at $0.31, with a market cap still above $2 billion. Daily trading volume has risen 90%, signaling strong selling pressure. The token could drop another 20% to $0.25 before bouncing back. 📉
Crypto analyst Altcoin Sherpa noted that several altcoins are pulling back to key levels, including PENGU. 🧙♂️
The analyst noted that although he remains optimistic about PENGU, the token may go through some further consolidation before moving higher. 🌀
some good coins pulling back to some interesting levels. I’m still bullish on $PENGU but maybe just a bit more chop before it moves again. Be patient w. this one and scale in but still think it’ll go decently higher (later on)
– Altcoin Sherpa (@AltcoinSherpa) August 17, 2025
A Dogecoin Rival With Growing Adoption
Route 2 FI revealed that he has taken a position in PENGU, citing its broad appeal, strong community backing, and an experienced team. 🦘
He described the token as a Dogecoin 🐕 rival and highlighted its role in bridging the Ethereum 🏗️ and Solana 🌐 ecosystems.
Decided to buy a coin spot I’ve been thinking about for a while: $PENGU. If this is the golden bull run and alts run hard, then it’s a bet worth taking.
Some bullish arguments:
-PENGU is framed as the first serious Dogecoin competitor, backed by a strong team, huge community,…
– Route 2 FI (@Route2FI) August 13, 2025
Robinhood recently added PENGU to its advanced trading platform, giving U.S. users access to enhanced charting tools and features. 📊
Meanwhile, PENGU is drawing attention as its ETF application progresses on the Cboe BZX Exchange, a step that could pave the way for wider institutional adoption. 🏦
The ongoing SEC review adds a layer of credibility to PENGU. It positions the meme coin as a project demonstrating transparency and legitimacy under regulatory scrutiny. 🧾
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2025-08-18 20:18