• TEXT= DATE: 08.12.2025 BRIDGE Summit | 8-10 Dec 2025 | Abu Dhabi
  • TIMER= 08.12.2025
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  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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Pudgy Penguins token skyrockets

Pudgy Penguins token skyrockets after Justin Sun’s viral endorsement on X

https://icn.live/wp-content/uploads/2025/07/Pudgy-Penguins-token-skyrockets.mp3
  • by ICN.live
ICN

Pudgy Penguins token skyrockets after a surprise social media endorsement from TRON founder Justin Sun.

On Sunday, PENGU surged by 31% as the Solana-based meme coin captured massive attention. A playful cartoon post of a penguin with Sun’s hairstyle and TRON attire ignited the rally.

The viral post led to a social media frenzy. The Pudgy Penguins’ official account responded with “Welcome to the Huddle,” sealing the community buzz. Traders reacted instantly, pushing PENGU to the top gainer list for the day. The meme-driven nature of the coin blends with genuine market excitement, creating real movement.

Meanwhile, Justin Sun isn’t just meme-posting. He’s also advocating for lower gas fees on TRON. That adds another competitive layer to his crypto strategy. While Sun’s tweet may seem light-hearted, the market took it seriously.

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Justin Sun fuels the hype — but fundamentals back the rise

On-chain analyst Ali backed the rally with technical signals. He noted the token had strong fundamentals and was ready for a move. The Relative Strength Index shows rising momentum, with higher highs and higher lows in recent days.

The PENGU price has bounced near the 50% Fibonacci retracement level around $0.036. If buying pressure keeps rising, analysts believe it could flip the next Fibonacci level, $0.044, into support. That would mark a strong technical move, not just a meme-fueled spike.

Pudgy Penguins token skyrockets toward former highs

If PENGU closes a daily candlestick above $0.044, the stage could be set for a bigger breakout. Analysts believe that this would open the way for a run toward its former all-time high of $0.07. That move would represent a 130% surge from current levels.

The token’s rapid rise and meme appeal also speak to the growing blend of entertainment and finance in crypto gaming and collectibles. With rising RSI, strong social sentiment, and celebrity endorsement, the PENGU story is more than just fluff.

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Community, momentum, and memes: a winning mix

The PENGU rally shows how powerful community sentiment and memes remain in the crypto world. While the fundamentals provide support, the real fuel comes from viral energy. This meme coin is riding high thanks to a unique combination of technical strength and cultural buzz.

PENGU could keep soaring if momentum continues and key resistance levels are flipped into support. As always, meme coins carry risk—but this one’s got eyes on it for all the right reasons.

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What caused the Pudgy Penguins token to skyrocket?

The Pudgy Penguins token surged 31% following a viral post by TRON founder Justin Sun. He shared a cartoon penguin in his signature hairstyle wearing TRON apparel, which was quickly embraced by the crypto community. The post sparked massive engagement and helped push the token price upward. Additionally, analysts had already noted bullish signals from the Relative Strength Index (RSI), supporting a fundamental case for the rally. The mix of social buzz, technical indicators, and ongoing TRON updates made the spike more than just a meme moment.

Is the PENGU token backed by solid fundamentals or just hype?

Though it originated as a meme coin, PENGU is gaining traction thanks to rising RSI momentum and analyst attention. On-chain analyst Ali pointed out the token’s strong fundamentals and its steady price behavior. The Fibonacci retracement levels indicate possible continued upward movement if buying pressure persists. While the hype from Justin Sun’s post helped spark the rally, technical signs suggest there could be more room for growth.

Can the PENGU token reach its all-time high of $0.07 again?

Yes, analysts suggest that if PENGU closes above the 61.8% Fibonacci retracement level of $0.044, it could regain bullish momentum. The next target would be the previous all-time high of $0.07, which is about 130% above current prices. Whether it hits that level depends on continued buying interest, community support, and broader market sentiment.

What role did Justin Sun play in the PENGU rally?

Justin Sun’s influence was a major catalyst in the recent rally. His post on X (formerly Twitter) featuring a Pudgy Penguin character brought instant visibility to the token. Sun’s reputation and large following gave the meme coin serious traction. Furthermore, his advocacy for TRON network fee cuts added depth to the narrative, aligning with market efficiency themes. The combination of social proof and practical upgrades gave the PENGU token a solid momentum boost.

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