- Pudgy Penguins gained momentum after Robinhood listed, expanding retail investor access.
- Pudgy Penguins brand sees explosive growth across social media and global retailers.
- Token unlocks entry to the Pudgy ecosystem without needing expensive NFTs.
Pudgy Penguins (PENGU) is once again making headlines, with experts and investors anticipating its next parabolic move. PENGU is trading at $0.0329, even with a drop of – 6.57% within the last 24 hours. This is backed by a very impressive 24-hour trading volume of $916.38 million along with an increasing market capitalization of $2.07 billion.
The short-term correction in prices is amidst a tide of growing hype and institutional-level publicity. One of the major catalysts for PENGU’s growing publicity is through a classic listing on Robinhood, the seasoned trading platform responsible for classic retail-based crypto manias like DOGE and SHIB.
Pudgy Penguins Unlocks PENGU for All Investors
Prominent crypto analyst Olking noted that the PENGU token is more than another memecoin by a long shot. It provides an entry point into the famous Pudgy Penguins brand, previously available solely with expensive NFTs. Retail investors can now gain access to this sensation at a small portion of the expense, without owning an NFT.
“PENGU opens the Pudgy Penguins world to regular investors,” commented Olking. “It’s no longer about $10,000 virtual penguins, it’s about creating a community-owned asset with explosive real-world and Web3 possibilities.”
He also noted that a classic tech breakthrough appears to be in the works, with early indications signaling a potential burst soon. Short-term target: $0.12 with a longer-term aim of competing with established memcoins such as Dogecoin (DOGE).
Also Read | Can PENGU’s $0.0315 Support Spark a Rally to $0.044 Price Target?
Pudgy Penguins Joins Robinhood, Eyes DOGE Path
PENGU’s growth is not solely crypto-fueled; it is a movement worldwide. Pudgy Penguins’ IP has raked up billions of views across social media platforms, and their toy line has already sold millions of items globally with waves at Walmart, Amazon, and other world retailers.
It has been a very real brand integration within a crypto environment, now being fueled more and more by real-world utility and community-generated momentum.
Now trading on Robinhood, one of the largest retail trading platforms globally, PENGU can now realistically follow the same trajectory as DOGE and SHIB, once-meme currencies now common household names.
Although PENGU’s current price indeed meets some resistance, the inherent fundamentals, expanding community strength, and mainstream adoption of the Pudgy Penguins brand all speak towards a potentially massive upside.
With steam gathering in both cryptocurrency and conventional consumer spaces, attention now turns to PENGU’s subsequent move, and if Olking’s call comes true, $0.12 could be the start of a bigger move.
Also Read | Pudgy Penguins (PENGU) Drops but Maintains Momentum Toward $0.040 Recovery Target
