📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Pudgy Penguins (PENGU)2025 may continue to rise, targeting $1 | PENGU price prediction
The native ecosystem token PENGU of Pudgy Penguins has recently seen an increase of about 400%, becoming a highlight in the market. Despite already experiencing significant pump, Crypto Aarav predicts in a video on his YouTube channel that PENGU may just be the beginning, with a larger rise potential in the future. The price movement of PENGU shows strong upward momentum, and if it breaks through the current key resistance level, it could see a bigger explosion by 2025.
Analysis of PENGU price movement and its significance
Crypto Aarav mentioned in the video that the price of PENGU has shown stability over the past few weeks, forming higher highs and higher lows. He particularly noted PENGU's recent breakout of the $0.045 resistance level, indicating that this breakout was supported by a strong "Marubozu" candlestick, which typically signifies bullish momentum.
Aarav emphasizes that it is crucial to wait for the daily close to confirm this breakout. If PENGU can maintain the breakout and close above $0.045 on that day, he believes the token may be poised for a new round of pump. He advises investors to closely monitor this price level, and if the daily close is above $0.045, they can re-enter the market to welcome the next pump wave.
The Market Position and Competitiveness of PENGU
When discussing the entire meme coin market, Aarav pointed out that PENGU has currently risen to the fifth position in the market capitalization ranking of meme tokens, just behind Bonk. He believes that after breaking through again, PENGU could easily enter the fourth position.
He also compared PENGU with well-known meme coins such as Dogecoin, Shiba Inu, and PEPE. Although these tokens have gained mainstream attention, PENGU seems to be rapidly gaining momentum, and there is still a lot of room for its rise. If this trend continues, Aarav believes PENGU has every possibility of becoming one of the top three meme tokens in the market.
Pengu price prediction: Target $1
Aarav made a bold price prediction for PENGU in the video, suggesting that PENGU could reach $1. His reasoning is based on PENGU's long accumulation phase, which is similar to the behavior of many successful meme tokens before their breakout. He used PEPE as an example, explaining how it remained low-key for months before suddenly exploding, becoming one of the best-performing tokens in the market.
Aarav expects the path of Pudgy Penguins to be similar, believing that 2025 will be a key year for PENGU. If the current pump continues, $1 is not out of reach. He acknowledges that market corrections are normal, but emphasizes that long-term investors who buy at price lows and understand the project's fundamentals could potentially reap huge rewards.
Operate cautiously and patiently wait for confirmation
Although some investors may be worried about missing the best buying point, Crypto Aarav encourages the audience to remain patient and wait for the appropriate confirmation signals. He emphasizes the importance of maintaining trading discipline near key resistance levels (such as $0.045).
If PENGU successfully breaks through this price level and turns it into a support level, the potential for future rise will be even stronger. If the trend of the meme coin continues to attract investor attention during the next bull market cycle, PENGU's price may surprise the market.
Conclusion: The strong performance of PENGU in recent weeks has filled the market with anticipation. Although the price has already risen significantly, the Pudgy Penguins brand and its Token PENGU are still in a rapid growth phase, which may lead to more pump potential in the future. Investors should pay attention to key price points, patiently wait for confirmation signals, and manage risk effectively.