Key Takeaways
2024 was the year of the Solana memecoin. Speculative tokens based on SOL came out regularly, generating interest from certain types of traders and making Solana one of the year’s success stories.
Pudgy Penguins was one of the sector’s later additions, coming out in mid-December. However, it may have been just a bit too late for people hoping to hold onto a token they hoped would rise.
PENGU went on a downturn after it came out, bottoming at an all-time low of $0.005126 on March 11. Since then, however, there has been some recovery, and on March 19, 2025, PENGU was worth about $0.006365.
Let’s look at our Pudgy Penguins price predictions, made on March 19, 2025. We will also examine the Pudgy Penguins price history and talk a little about what Pudgy Penguins is and what it does.
Here are our Pudgy Penguins price predictions, made by CCN on March 19, 2025. While we take the utmost care with our price forecasts, we do need to remind you that price predictions, especially for something as potentially volatile as cryptocurrency, can often be wrong.
Because Pudgy Penguins has only been out for a relatively short time, so we can only make a PENGU price prediction for the relatively short term rather than doing one for the next five years.
The PENGU price prediction for the next 24 hours is unclear. A breakout above $0.007 would be bullish, while a fall below the descending resistance trend line would be bearish.
Since a high on Jan. 6, the PENGU price has fallen below a descending resistance trend line. The decline culminated with a new all-time low on March 11. PENGU bounced afterward, breaking out from the resistance trend line on March 14.
However, PENGU trades below the $0.007 horizontal resistance area. The PENGU price needs to break out and create a higher high. Rather, PENGU still trades close to its breakout level.
A successful breakout would take the price to the next horizontal resistance at $0.0105.
Technical indicators show bullish signs. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) have generated bullish divergences, a sign often preceding bullish trend reversals.
However, it is worth mentioning that the divergences have developed since February and have not led to anything significant.
So, the daily time frame price action and indicator readings do not confirm the trend’s direction.
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The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.
Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On March 19, 2025, Pudgy Penguins’s ATR was 0.001056, suggesting relatively high volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold.
Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On March 19, 2025, the Pudgy Penguins RSI was at 40, indicating bearish conditions.
Pudgy Penguins is a Solana-based memecoin, so let’s compare how it’s done with some other tokens from the same category with similar market caps.
Now, look at some of the key dates in the Pudgy Penguins price history . While past performance should never be taken as an indicator of future results, knowing what the crypto has done in the past can give us some much-needed context when it comes to either making or interpreting a Pudgy Penguins price prediction.
Time period | PENGU price |
---|---|
Last week (March 12, 2025) | $0.006405 |
Last month (Feb. 19, 2025) | $0.008401 |
Three months ago (Dec. 19, 2024) | $0.03679 |
Launch price (Dec. 17, 2024) | $0.05738 |
All-time high (Dec. 17, 2024) | $0.05738 |
All-time low (March 11, 2025) | $0.005126 |
The market capitalization, or market cap, is the sum of the total number of PENGU in circulation multiplied by its price.
On March 19, 2025, Pudgy Penguins’s market cap was about $400 million, making it the 122nd-largest crypto by that metric.
On March 19, 2025, one wallet held nearly 15% of the PENGU supply.
As of March 19, 2025, the five wallets with the most PENGU were:
Supply and distribution | Figures |
---|---|
Total supply | 88,888,888,888 |
Circulating supply (as of March 19, 2025) | 62,860,396,090 (70.71% of total supply) |
Holder distribution | The top 10 holders owned 66.42% of the total supply on March 19, 2025 |
Pudgy Penguins is a memecoin based on the Solana blockchain.
Because PENGU is based on Solana, it is a token, not a coin. You might see references to such things as a Pudgy Penguins coin price prediction, but these are wrong.
People can hold PENGU in the hope that its value will go up. Meanwhile, people can buy, sell, and trade it on exchanges.
It is difficult to tell. While PENGU has recovered from a recent all-time low, it is still pretty close to it and has never traded higher than its launch price. Also, with the market in a slump, memecoins have fallen, and it will probably take an overall market revival before the sector can start to make any real gains.
Something else that might put a potential investor off putting their money into Pudgy Penguins is the lack of proper technical documentation or whitepaper. Without something to properly explain what PENGU is or what it does, people may well decide to put their money elsewhere.
As always, with cryptocurrency, you should do your own research before deciding whether or not to invest in PENGU.
No one can really tell right now. While the Pudgy Penguins crypto price predictions are somewhat optimistic, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before deciding whether to invest in Pudgy Penguins, you must do your own research, not only on PENGU but also on other related coins and tokens such as TRUMP or Book of Meme (BOME). Either way, you must also ensure you never invest more money than you can afford to lose.
Technical analysis by Valdrin Tahiri.
It looks highly unlikely that PENGU could, potentially break past the cent, at some point in the near-future.Will Pudgy Penguins reach $0.01?
What is Pudgy Penguins used for?