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Cryptocurrency News Articles

Pudgy Penguins (PUDGY) Has Just Experienced an Uptick of Over 25% in the Last 24 Hours

May 08, 2025 at 08:39 pm

Pudgy Penguins has just experienced an uptick of over 25% in the last 24 hours, marking a bullish phase for the meme coin economy.

Pudgy Penguins (PUDGY) Has Just Experienced an Uptick of Over 25% in the Last 24 Hours

Pudgy Penguins has just experienced an uptick of over 25% in the last 24 hours, highlighting a bullish phase for the meme coin economy. However, this increase seems to be driven more by Bitcoin’s surge than by Pudgy Penguins’ own ecosystem.

That said, given its unique, entertainment-focused, and IP-driven ecosystem, can Pudgy Penguins sustain this momentum and deliver even higher gains to users? In other words, is it the best meme coin to buy now?

Pudgy Penguins Price Analysis – Penguin-Themed Crypto Records Triple-Digit Gains Since Last Month

Pudgy Penguins soared to the top of the price charts back in December 2024, shortly after getting listed on Binance. It formed a healthy rising channel afterward, reaching $0.04 before retracing.

The correction was driven by dismal market conditions and a broader decline across the meme coin sector. It continued until April 10, 2025, when the community pulled itself together and ignited a massive rally. That surge pushed the token’s value up by over 265% within a single month.

This bullish breakout was followed by a rounded retracement, as seen in the inverted arc forming on the price chart—likely caused by intense profit-taking after the rally. That said, the pullback was controlled, and PUDGY has once again broken out of this corrective phase. It is now trading around the $0.013 level, with a market capitalization just above $879 million.

What’s behind this price action? Simply put, it’s likely a combination of Bitcoin’s recent surge—driven by institutional adoption—and the Pudgy mascot evolving into a recognizable brand, as seen from viral posts on X.

However, that doesn’t automatically make Pudgy the best crypto to buy now. The recent 265% monthly increase was highly parabolic, which tends to invite profit-takers. If a similar move happens again, it may also be followed by another corrective phase.

Pudgy Penguins Token

Short-Term Price Prediction

If Pudgy Penguins can sustain its current momentum and hold above the $0.013–$0.014 zone, it could climb to test the next resistance level between $0.016 and $0.018. Breaking past this range may push the token toward a retest of the $0.02 mark.

However, buyers may get exhausted in the short term if price action begins to decline, triggering selloffs. But if this selling behavior remains controlled, the token is likely to retrace only to the $0.011–$0.012 support zone.

Long-Term Price Prediction

In the long term, Pudgy Penguins’s price action will depend on its ability to consistently deliver on its branding, meme coin narrative, and community engagement. If the broader market stays bullish, PUDGY could continue moving upward.

Under such favorable conditions, the token has the potential to reach the $0.025–$0.035 zone. However, this outcome depends heavily on Bitcoin maintaining a price above $90K and continued momentum in the meme coin sector.

That said, if the hype fades, Pudgy Penguins could fall below the $0.007 level. Overall, the long-term outlook for the token remains moderately bullish.

New Meme Coin Alternatives

While overall sentiment around Pudgy Penguins is bullish at the moment, it’s important to remember that much of its value is driven by community and branding. The long-term use cases—although relevant—lack deep technical nuance.

Furthermore, the recent massive price increase also signals intense volatility. When a meme coin’s surge becomes too parabolic, profit-takers tend to arrive quickly, potentially correcting the token’s value to new lows.

Therefore, investors should also keep an eye on other meme coins—projects with strong fundamentals and a similar level of hype.

Mind of Pepe

Mind of Pepe is a meme coin that leverages two powerful narratives—AI agents and meme culture—to gain traction in the market.

The project is marketed as an AI agent token designed to provide users with deep insights through real-time intelligence and hive-mind analysis. Initially dismissed as just another asset riding the AI agent wave, Mind of Pepe has proven its critics wrong by revealing substantial developments happening in the background.

Its AI agent focuses on offering early-mover opportunities through holder-exclusive alpha calls, as well as tools for token generation and deployment.

The real value of this meme coin, however, lies in the AI agent set to launch on X this week.

Mind of Pepe has already raised upwards of $8.9 million via presale. With the ICO set to end by the end of May, it could easily surpass $10 million, positioning itself

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