{"id":525313,"date":"2025-09-06T00:30:15","date_gmt":"2025-09-05T19:00:15","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=525313"},"modified":"2025-09-05T17:09:34","modified_gmt":"2025-09-05T11:39:34","slug":"pengu-price-prediction-will-the-memecoin-reverse-course-to-surge-by-4x","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/pengu-price-prediction-will-the-memecoin-reverse-course-to-surge-by-4x\/","title":{"rendered":"PENGU price prediction – Will the memecoin reverse course to surge by 4x?"},"content":{"rendered":"

Key Takeaways<\/h2>\n

PENGU’s price may be nearing a reversal point as traders anticipate a surge that could take the altcoin to $0.10. While its ongoing correction has been accelerated by sellers’ dominance, the deployer’s position hinted at whales’ return.\u00a0<\/em><\/p>\n

\n

Pudgy Penguins’s (PENGU)<\/a> price has been dipping over the last one and a half months, alongside those of other top memecoins in the market. At the time of writing, PENGU was down 2% in the last 24 hours, following losses of 12% on the monthly charts.<\/p>\n

Despite a sustained decline in price, analysts are viewing the correction as a precedent to a potentially massive rally. In fact, conversations about ’50x for PENGU’ have gathered steam on YouTube too.<\/p>\n

What about realistic targets though?<\/p>\n

Can PENGU hit its $0.10 target?<\/h2>\n

PENGU’s daily chart, as analyzed<\/a> by Ali Martinez, indicated that the memecoin may be approaching its buy zone of $0.025. According to him, PENGU might be in a deep pullback phase, just like back in the second quarter of the year.<\/p>\n

PENGU wasn’t the only memecoin affected adversely though. Other big movers like Fartcoin (FARTCOIN)<\/a> and BONK<\/a> depreciated too. This implied that they could lead the sector’s recovery once the crypto market sees a sentiment change.<\/p>\n

\"PENGU\"<\/a>
Source: Ali Charts\/X<\/figcaption><\/figure>\n

In case the $0.025-level holds as anticipated by Ali, it could be the start of a rally towards $0.10. This would represent more than 4x returns for traders’ positions at the price level.<\/p>\n

In the meantime, if the bulls fail to defend the level, bears could continue dominating the market. The result would be a revisit of $0.018 – A previous resistance turned support level.<\/p>\n

Faster losses incoming?<\/h2>\n

At the time of writing, PENGU seemed to be holding on to the $0.29-level. However, sellers were still in control. The Spot Taker CVD was dominated by sales, with the metric rising in mid-July, according to CryptoQuant’s data<\/a>.<\/p>\n

Such a huge sale could accelerate the decline to $0.025. Despite the sell pressure being high, it was less pronounced at press time, as opposed to back in late July and early August.<\/p>\n

\"PENGU\"<\/a>
Source: CryptoQuant<\/figcaption><\/figure>\n

This analysis suggested that selling may be on the decline as PENGU nears $0.025.<\/p>\n

According to Coinglass<\/a>, the max pain levels for shorts were at $0.0297, while they were at $0.0286 for the longs.<\/p>\n

A look at PENGU’s technicals<\/h2>\n

Finally, PENGU’s deployer activity implied that something could be brewing for the memecoin community. At the time of writing, deployers held about 11.34% of the total supply. Naturally, this induced panic due to uneven distribution.<\/p>\n

In PENGU’s case<\/a>, there might be a reason for that. Whales needed packed liquidity pools to enter their $1.80 billion orders before it launched on Abstract Chain. This was a hint that big players have been preparing to drive the price up.<\/p>\n

\"PENGU\"<\/a>
Source: AIXBT Agent\/X<\/figcaption><\/figure>\n

Meanwhile, one of the Abstract chain developers noted<\/a> that the PENGU ETF announcement could come on 12 October. This could stimulate a Q4 rally for PENGU, just like analysts like Martinez are predicting.<\/p>\n","protected":false},"excerpt":{"rendered":"

Memecoins haven’t had a great Q3 so far. Is PENGU any different?<\/p>\n","protected":false},"author":98,"featured_media":525314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[5824,66,3,4,20],"tags":[],"class_list":["post-525313","post","type-post","status-publish","format-standard","has-post-thumbnail","category-memecoins","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nPENGU price prediction - Will the memecoin reverse course to surge by 4x? - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Pudgy Penguins's (PENGU) price has been dipping over the last one and a half months, alongside those of other top memecoins...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/pengu-price-prediction-will-the-memecoin-reverse-course-to-surge-by-4x\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PENGU price prediction - Will the memecoin reverse course to surge by 4x? - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Memecoins haven't had a great Q3 so far. 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