$ PenGu rises by 33 % overnight as whale whale and ETF noise ignite memecoin Rally – what is the following? star-news.press/wp

Pudgy Penguins ($ Pengu) made 33 % in 24 hours to trade at $ 0.01959 after recovering from a decrease of $ 0.01445.

Over the past week, the penguin code has increased $ 24.8 %, a wave ride of the upscale momentum fed by ETF speculation, the accumulation of aggressive whale, and the growing institutional interest in the Meme currencies.

Beyond themes: Games, NFTS, and the interest of the real world

Pudgy Penguins is a Solana -based Mimoin, which was launched in late 2024 with a total of 88.9 billion supplies.

Last December, the project recorded 62.86 billion symbols to Penguin NFT holders and wider WEB3 participants, who are accelerated in distribution and fresh liquidity.

The protocol now supports NFT holdings, the real world license, and games titles such as “”Saddam Penguin“Which was more than two million users subscribed to early access.

The symbols of SpenGu revolve around the governance of society and the financing of the ecosystem. Currently, with 560.74K Distinguished symbol holdersAnd those holders vote on the promotions of features and grant allocations, while the revenue created fees are supported.

The ecosystem partnerships now extend beyond digital art.

Cooperation with NASCAR and Lufthansa Empowering users to earn bonus miles through the purchases of the penguin $, while the licensed goods of Walmart and their planned integration with the Ledger hardware payment tool in the main channels.

However, the whales were the main driver of the pencil. On June 28 / this flow overwhelmed the sellers, which prompted Pengu $ of $ 0.015 support to its highest level today.

Likewise, bids increased via Binance, OKX and Gate.IO by 80 % over a period of 30 days, while the sales wall decreased by 18 %, which reduces pressure. The most news, that the 94 million traderpow purchased process is mired in liquidity and condemnation of difficulty.

The whales have increased the accumulation of the penguin $ after the Securities and Stock Exchange Committee (SEC). This witnessed the rise in the price to the highest level for six months, as investors expected the circulating investment funds, which are scheduled to allocate both the distinctive symbols of the road and NFTS.

On July 9, the Supreme Education Council began a 21-day suspension period in the 19B-4 file, which is likely to feed more momentum in purchase.

The historical ETF updates in March and June stimulated similar gatherings, and with bidding swelling while reducing pressure, the whales continued to collect the penguin $.

$ PenGu/USDT is separated from upscale monotheism – can buyers keep the gathering?

The graph for 4 hours of PenGu/USDT shows an upward outbreak after a period of monotheism, characterized by its highest level, a typical structure that reflects accumulation, where buyers stem steadily at higher levels, absorb the offer and pay the price gradually up.

From there (more specifically from late June to early July), PenGU price formed a moderate plotted channel while maintaining the high support direction. This indicated that although the short -term decline, the broader demand base was strengthening.

The penetration occurred late in July 9, as the price moved decisively over the upper trend line of the Tawheed area near 0.0135 dollars.

This step was technically significant and was also supported by a large jump in size. When outbringing occurs with a large size, it is possible to speculate that institutional or large -scale traders are involved. It is not only the momentum moved by retail.

After this volume pump, the price of PenGu assets immediately rose to the area of ​​0.019 – 0.020 dollars, which approached the level of psychological resistance.

Psychological resistance levels often act as natural barriers where traders put profit goals or sale orders, which is why price momentum may stop temporarily or reflect these points temporarily.

The area ranging from $ 0.0135 and $ 0.0150, which was previously a loft during the unification phase, has become a major support area, because it is the level in which the penetration started.

This width is more supported by the size fingerprint scheme, which reveals the dynamics of the flow of basic requests during the penetration.

During the gathering, the volume of transactions increased from $ 2 billion, with the purchase and the aggressive sale that occurs in the actual time.

In one of the pottery candles, the total purchase volume amounted to 983.35 million dollars, but it exceeded 1.08 billion dollars in the sale volume, which led to a net Delta of -95.25 million.

This indicates that the sellers were actively unloading to strength, most likely getting profits or starting hedges against the gathering. The next session was also closed with a negative delta of -28.23 million, which hints to some remaining resistance.

If buyers remain active and high in size, the price is paid above $ 0.020, the upward trend may continue. The decline under the new support area can lead to an extended decline or unification. The structure of the market looks positive. It is possible that the levels of support and clear resistance will determine the following price movement.

Post $ Pengu rises by 33 % overnight like a whale whale and ETF Hype Rally Memeco Rallly – What’s the following? First appear on Cryptonews.

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2025-07-10 14:52:00