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$500M Volume in 24 Hours as Memecoin Breaks Bullish Pattern

2 months ago
in Crypto Updates
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Key Takeaways:

$PENGU’s 24-hour buying and selling quantity surpassed $528M, marking certainly one of its most lively days in 2025.The memecoin broke out of a multi-week descending channel, fueling a worth rally towards $0.041.Google search curiosity for $PENGU has overtaken Shiba Inu, signaling rising mainstream consideration.

Pudgy Penguins’ token $PENGU is stealing the highlight within the memecoin sector, posting explosive buying and selling exercise and a pointy worth rebound. In simply someday, the asset recorded over $528 million in trades, a surge coinciding with a breakout from a bearish sample that had capped features since late July. Analysts say momentum indicators are actually pointing increased, with short-term targets close to the $0.041 mark.

Learn Extra: $PENGU and $PUMP Achieve Momentum; Many Buyers Are Turning Consideration to Bitcoin Hyper, a Notable Crypto Presale

pengu-trading-frenzy-500m-volume-in-24-hours-as-memecoin-breaks-bullish-pattern

$PENGU’s Value Surge and Technical Breakout

The $PENGU worth climbed 3.9% up to now 24 hours, reaching $0.03798 at press time. This rally comes after the memecoin breached a descending channel sample that had restrained worth motion for weeks.

Technical merchants be aware that the breakout is supported by a spike in buy-side quantity and enhancing relative power index (RSI) readings. Traditionally, such strikes typically precede accelerated features, notably in risky altcoins the place momentum performs a vital position.

Market knowledge exhibits $PENGU’s market cap at roughly $2.38 billion, with a totally diluted valuation of about $3 billion. The circulating provide stands at 62.86 billion PENGU, whereas the full provide is round 79.3 billion, capped at 88.88 billion.

pengu-trading-frenzy-500m-volume-in-24-hours-as-memecoin-breaks-bullish-patternpengu-trading-frenzy-500m-volume-in-24-hours-as-memecoin-breaks-bullish-pattern

Rising Retail Curiosity

Google Tendencies Overtakes Shiba Inu

Search developments reveal a notable shift in retail sentiment. Over the previous 30 days, $PENGU’s international search quantity has overtaken Shiba Inu, a big milestone given SHIB’s a lot bigger $7.2 billion market cap.

Such overwhelming curiosity implies that the PENGU is elevating consciousness even amongst non-principle crypto lovers, who would possibly grow to be concerned with retailing the token. Throughout the previous search peaks often pre-anomalously appeared forward of occasions of elevated market exercise and worth volatility.

Its liquidity and attraction to each retail and speculative merchants are additional supported by the present 24-hour buying and selling volumes of the memecoin which have surpassed the half a billion-dollar mark to nearly $528.8 million of buying and selling quantity at present as of the time of writing this text

Learn Extra: PENGU Pumps Laborious, However $HYPER Outperforms With Greater Yields with Explosive Development Potential

NFT Market Momentum Increase

July 2025 NFT Resurgence as Key Catalyst

The restoration of the NFT market can be among the many main components which have spurred the revised traction loved by $PENGU. In July 2025, the NFT market capitalization elevated by 94% to $6.6 billion in keeping with DappRadar.

Pudgy Penguins, the NFT assortment tied to $PENGU, surged previous Bored Ape Yacht Membership to say the #2 spot in NFT market cap rankings. The ground worth of the mission elevated 7% week-on-week with buying and selling volumes reaching $20 million within the final week

CEO Luca Netz has famous the model to this point goals to grow to be “the subsequent Mickey Mouse” of web tradition, benefiting from viral meme constructions, sharing of GIFs and short-form video slack on platforms comparable to YouTube Shorts

Strategic Partnerships and Upcoming Releases

It’s also fueled by the excitement of Pudgy Penguins collaborating with Suplay Inc. and launch of the Pudgy Occasion sport. Such endeavors would contain combining NFT IP and interactive gaming that would open up new sources of income and neighborhood interplay potentialities.

In keeping with market observers, ought to adoption metrics stay and the combination of video games be an added stimulus of token utility, $PENGU can safely discover a extra substantial spot within the NFT and DeFi worlds.

Market Outlook

For the time being the bullish breakout of the $PENGU has put the asset on the focus of merchants. The technical patterns are supportive, and retail search curiosity has elevated, and catalysts linked to NFTs are to the forefront, which makes the token have a powerful momentum in its close to future.

However, volatility, as is the case with all memecoins, is all the time a risk. Any change of opinion or a wider state of affairs throughout the crypto market has the potential to show these income again round immediately.

Nonetheless, for a mission that has climbed from NFT roots into the higher tier of memecoin contenders, $PENGU’s newest surge exhibits how briskly consideration and capital can transfer within the crypto market.



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Tags: 500MBreaksBullishhoursMemecoinPatternVolume
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