- Prices for Pudgy Penguins (Pengu) have skyrocketed 70% amid ETF filing and Revolut listings.
- A well-known analyst compared Penn’s breakout to Pepe’s past gatherings.
- Pengu’s strong support and increased volume signaling bullish momentum.
Pudgy Penguins (Pengu) has been attracting the attention of crypto traders after an explosive move that reflected Pepe’s iconic breakout last year.
In just a week, Pengu has surged over 70%, climbing to a two-month high of $0.0163, overtaking established meme tokens like WIF, Floki and Brett in market capitalization rankings.
This unexpected rise currently places Pengu as the eighth largest meme coin and 94th overall by market capitalization, comparing it to Pepe’s historical rise, turning heads across the crypto community.
Pengu ETF submits to promote surges
The main catalyst behind Pengu’s sudden breakout appears to be a pivotal regulatory development that could change the landscape of meme coins.
Submitted by CBOE BZX Exchange on June 25th, 2025 19b-4 filing It is seeking the US Securities and Exchange Commission (SEC) to approve the first hybrid ETF backed by the Canary capital.
The proposed ETF allocates 80% to 95% of its assets to Pengu Tokens, and the remaining balance to Pudgy Penguins NFTS, creating an unusual bridge between fansy tokens and digital collectibles.
If approved, this will be the first American ETF to hold actual NFTs, along with Memecoin, a structure that opens the door to institutional access to the NFT-backed meme economy.
Investor sentiment has been sharply bullish after the announcement, with increasing trade volumes and social media talk reflecting increased confidence in Pengu’s long-term potential.
Fintech Giant Revolute Listed the stomp penguins (penguins)
In addition to momentum, the fintech giant Revolut has listed Pengu on its trading platformensuring millions of retail users have access to assets worldwide.
This integration gives Pengu a new level of accessibility and reliability, enhancing its status as more than just a fleeting meme trend.
The timing of the listing alongside ETF News has created a complete storm of exposure and utility that has rapidly boosted demand and liquidity.
Strong technology supports bullish emotions
Technical indicators further support the pen’s upward trajectory in recent sessions, indicating sustained bullish pressure.
The short-term analysis shows solid support from $0.012 to $0.013, with resistance appearing in the $0.015 to $0.016 range.
Breakouts above these levels could push prices to their next major target of $0.01745, with some analysts even predicting a potential 200% increase of $0.044.
The Chaikin Money Flow (CMF) indicator registers a healthy +0.21 well above the neutral zone, indicating a strong capital inflow during the gathering.
Meanwhile, accumulation indicators like A/D continue to be interested in dips, and an increase in volume suggests that buyers are taking a firm control over the market.
History may repeat itself
Market analyst Ali Martinez has led to an attractive comparison of Penn and Pepe’s breakout patterns since last year.
According to Martinez, Pengu’s current structure reflects the previous stage of Pepe, with a day above the $0.015-$0.017 zone could unleash similar vertical movement.
$Pledge It’s starting to look very similar $ PEPE I did it before it exploded! Daily closures exceed $0.015-$0.017, and this train may not be able to stop. pic.twitter.com/dqqc8ly7ev
– Ali (@ali_charts) July 1, 2025
Despite recent strengths, Pengu has dropped by 77.6% from its all-time high of $0.06845 in December 2024, providing important room for recovery as momentum continues.
At the same time, the token rebounded 312% from its April 2025 low of $0.003715, suggesting that a basic foundation has been established.
If history repeats itself like Pepe, the stubborn penguin (Pengui) may soon find himself at the forefront of the next memecoin frenzy.
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