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$500M Volume in 24 Hours as Memecoin Breaks Bullish Pattern

August 10, 2025
in Crypto Updates
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Key Takeaways:

$PENGU’s 24-hour buying and selling quantity surpassed $528M, marking considered one of its most energetic days in 2025.The memecoin broke out of a multi-week descending channel, fueling a worth rally towards $0.041.Google search curiosity for $PENGU has overtaken Shiba Inu, signaling rising mainstream consideration.

Pudgy Penguins’ token $PENGU is stealing the highlight within the memecoin sector, posting explosive buying and selling exercise and a pointy worth rebound. In simply someday, the asset recorded over $528 million in trades, a surge coinciding with a breakout from a bearish sample that had capped good points since late July. Analysts say momentum indicators at the moment are pointing greater, with short-term targets close to the $0.041 mark.

Learn Extra: $PENGU and $PUMP Acquire Momentum; Many Buyers Are Turning Consideration to Bitcoin Hyper, a Notable Crypto Presale

$PENGU’s Value Surge and Technical Breakout

The $PENGU worth climbed 3.9% previously 24 hours, reaching $0.03798 at press time. This rally comes after the memecoin breached a descending channel sample that had restrained worth motion for weeks.

Technical merchants notice that the breakout is supported by a spike in buy-side quantity and enhancing relative energy index (RSI) readings. Traditionally, such strikes typically precede accelerated good points, significantly in unstable altcoins the place momentum performs a vital function.

Market information reveals $PENGU’s market cap at roughly $2.38 billion, with a completely diluted valuation of about $3 billion. The circulating provide stands at 62.86 billion PENGU, whereas the overall provide is round 79.3 billion, capped at 88.88 billion.

pengu-trading-frenzy-500m-volume-in-24-hours-as-memecoin-breaks-bullish-pattern

Rising Retail Curiosity

Google Developments Overtakes Shiba Inu

Search tendencies reveal a notable shift in retail sentiment. Over the previous 30 days, $PENGU’s international search quantity has overtaken Shiba Inu, a major milestone given SHIB’s a lot bigger $7.2 billion market cap.

Such overwhelming curiosity implies that the PENGU is elevating consciousness even amongst non-principle crypto lovers, who may develop into enthusiastic about retailing the token. In the course of the previous search peaks often pre-anomalously appeared forward of occasions of elevated market exercise and worth volatility.

Its liquidity and enchantment to each retail and speculative merchants are additional supported by the present 24-hour buying and selling volumes of the memecoin which have surpassed the half a billion-dollar mark to nearly $528.8 million of buying and selling quantity at the moment as of the time of writing this text

Learn Extra: PENGU Pumps Exhausting, However $HYPER Outperforms With Greater Yields with Explosive Progress Potential

NFT Market Momentum Enhance

July 2025 NFT Resurgence as Key Catalyst

The restoration of the NFT market can be among the many main components which have spurred the revised traction loved by $PENGU. In July 2025, the NFT market capitalization elevated by 94% to $6.6 billion in line with DappRadar.

Pudgy Penguins, the NFT assortment tied to $PENGU, surged previous Bored Ape Yacht Membership to say the #2 spot in NFT market cap rankings. The ground worth of the undertaking elevated 7% week-on-week with buying and selling volumes reaching $20 million within the final week

CEO Luca Netz has famous the model thus far goals to develop into “the subsequent Mickey Mouse” of web tradition, making the most of viral meme constructions, sharing of GIFs and short-form video slack on platforms reminiscent of YouTube Shorts

Strategic Partnerships and Upcoming Releases

Additionally it is fueled by the thrill of Pudgy Penguins collaborating with Suplay Inc. and launch of the Pudgy Social gathering recreation. Such endeavors would contain combining NFT IP and interactive gaming that might open up new sources of income and group interplay prospects.

In line with market observers, ought to adoption metrics stay and the combination of video games be an added stimulus of token utility, $PENGU can safely discover a extra substantial spot within the NFT and DeFi worlds.

Market Outlook

In the meanwhile the bullish breakout of the $PENGU has put the asset on the focus of merchants. The technical patterns are supportive, and retail search curiosity has elevated, and catalysts linked to NFTs are to the forefront, which makes the token have a powerful momentum in its close to future.

Nonetheless, volatility, as is the case with all memecoins, is at all times a menace. Any change of opinion or a wider scenario throughout the crypto market has the potential to show these income again round right away.

Nonetheless, for a undertaking that has climbed from NFT roots into the higher tier of memecoin contenders, $PENGU’s newest surge reveals how briskly consideration and capital can transfer within the crypto market.



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Tags: 500MbreaksBullishHoursMemecoinpatternVolume
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