Pudgy Penguins Soar 300% on World Penguin Day as Leading Firms Embrace Penguin-Themed Collectibles

The NFT collection, featuring flightless birds, recorded a spike in sales as the leading firms in the industry, CoinGecko, VanEck, Uniswap, MetaMask, and Phantom

World Penguin Day had an unexpected impact on the non-fungible token market as a popular NFT collection started to gain momentum.

On April 25, several leading firms in the industry shared their penguin-styled collectibles on X. Among them were CoinGecko, VanEck, Uniswap, MetaMask, and Phantom.

A very happy world penguin day https://t.co/vy91VP0vS2 pic.twitter.com/PB5O0zHJ51

— VanEck (@vaneck_us) April 25, 2025

The NFT collection was Pudgy Penguins, which is known for its collectible penguins.

The collection clocked a 300% rally in sales volume, reaching $1.28 million over the past 24 hours, according to data from DappRadar.

The penguin-styled NFTs saw a 6% rise in their average price, seen at $20,860, while their market cap reached $136 million.

DappRadar data shows that the total trading volume of Pudgy Penguins surpassed $1.5 billion.

While the strong rally suggests increased investor interest, the movements of the project have been relying on trends and market sentiment.

In this case, the movements of the project’s token, PENGU, were influenced by the hype and connection to World Penguin Day. This pushed the token price up by 200% over the past week.

Another important catalyst was the market-wide bullish sentiment that pushed the Bitcoin price above the $95,000 mark.

At the time of writing, PENGU is up 40% in the past 24 hours and is trading at $0.132. Despite the recent price hike, the asset is still down by 77% from its all-time high of $0.057.

The penguin-themed token plunged to an all-time low of $0.0037 on April 9. It has gained 260% over the past three weeks.

A cryptocurrency analyst who goes by Crypto Sat shared on X that the 30-minute price chart of PENGU has formed the “rising wedge” pattern. The formation shows that PENGU will likely face correction before seeing further upward momentum.

$PENGU 30-mins Chart Analysis

Price has been rolling strong upward momentum but it's now moving inside a rising wedge - a classic pattern that often signals a potential pullback ahead.

Key Levels to Watch 👀

Support at $0.0125

Resistance near $0.0140

A break below the wedge might open up further downside towards the next support at $0.0105. But if bulls manage to push through the apex of the wedge and break above the round-off high at $0.014, then we could see a continuation of the bullish trend, setting sights on the next resistance at $0.016.