The price of the penguin rises in the market again. It has gained double numbers during the past week, which led to discussions about a potential crowd to new levels. Here are the factors that lead to increasing the distinctive symbol.
Penguin price sees a renewed momentum
At the time of this report, the penguin price is traded by about $ 0.04282, with a daily range ranging from $ 0.0360 to $ 0.0458. according to Coinmarketcap dataThe distinctive symbol jumped about 12 % in the past 24 hours, gathered 40 % during the past week, and made an amazing increase of 384 % during the past month, a sharp reflection of the recession last year.
The distinctive symbol is still trading without its highest level ever, which is approximately $ 0.069 reached in December 2024, but recent trends indicate that the momentum can rebuild.
according to WhaleinsiderThere are now more than 868,000 pregnant women, indicating the renewal of attention from big investors and retail trade, which led to the ups of the ups. Coinglass reports also that the open interest increased by 31 % to about 748 million dollars, while the trading volume increased by approximately 42 % to about $ 5.99 billion.
Another factor raises his increasing morale Etf Penguin. Many commentators on social media put forward the idea that approval of Pengu ETF can send the price, with some suggesting that it can jump to 30 cents overnight if it gives the Supreme Education Council a green light.
Although there is no official confirmation yet, many believe that the decision may come between late July and mid -September 2025. This depends on typical organizational schedules. Analysts believe that mid -August could be a major time for this decision.
Exchange support: GEINI adds Pengu & Bankes Futures in
The exchange activity adds more support to the penalty of the penguin price. twin Recently Penguin symbol integration. Users can deposit the penguin, withdraw and trade on their basic system, which will make it easy for traders to reach the distinctive symbol and increase liquidity.
In addition, Binance future It will be released USDⓢ-M Penguusdc Standing Contracts on July 23, 2025. This will give traders new options for betting on the changes in the penguin price.
Moreover, one of the encryption analysts predicted that the penguin price may double or three times quickly if the momentum continues, pointing to the relatively low resistance levels in the distinctive symbol beyond the 5 -cents mark.
It should also be noted that Pengu will soon launches the game mobile devices on the Apple App Store and Google Play, as mentioned earlier by Coingepe. The price of the distinctive symbol increased sharply after this announcement, indicating a strong interest in the entry of Pudgy Penguins into mobile games.
Technically, the penguin price collapsed through several short -term resistance levels. If adult investors continue to buy, trading volumes remain high, intensifying ETF rumors, analysts believe that a big price step may occur soon.
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Michael Adelek
Michael Adelek is an emotional encryption journalist known for dismantling the complex Blockchain concepts and market trends into clear and attractive novels. He specializes in providing news in a timely manner and analyzing the sharp market that keeps encryption lovers on the science and pre -curve. Thanks to an engineering background and a certificate from the University of Ibadan, Michael brings the analytical depth and accuracy to each piece he writes.
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Leave responsibility: The content and the personal views of the author and the current market conditions reflect. Please do your own research before investing in encrypted currencies, because the author and the post is responsible for any financial losses.
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2025-07-23 11:25:00
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