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- Pudgy Penguins ($PENGU) price has surged by 70% amid ETF filing and Revolut listing.
- A renowned analyst has compared $PENGU’s breakout to $PEPE’s past rally.
- Strong support and rising volume signal bullish momentum for $PENGU.
Pudgy Penguins ($PENGU) is capturing the attention of crypto traders after an explosive move that echoes $PEPE’s iconic breakout last year.
In just one week, $PENGU surged more than 70%, climbing to a two-month high of $0.0163 and overtaking established meme tokens like WIF, FLOKI, and BRETT in market cap rankings.
This unexpected rise, now positioning $PENGU as the eighth-largest meme coin and 94th overall by market cap, is drawing comparisons to $PEPE’s historic ascent that turned heads across the crypto community.
$PENGU ETF filing fueling the surge
The main catalyst behind $PENGU’s sudden breakout appears to be a pivotal regulatory development that could change the landscape for meme coins.
On June 25, 2025, the Cboe BZX Exchange submitted a 19b-4 filing to the US Securities and Exchange Commission (SEC), seeking approval for a first-of-its-kind hybrid ETF backed by Canary Capital.
The proposed ETF would allocate 80% to 95% of its assets to $PENGU tokens, with the remaining balance in Pudgy Penguins NFTs, creating a rare bridge between fungible tokens and digital collectibles.
If approved, this would be the first American ETF to hold actual NFTs along with a meme coin, a structure that opens the door for institutional access to the $NFT-backed meme economy.
Investor sentiment turned sharply bullish after the announcement, with rising trading volume and social media buzz reflecting growing confidence in $PENGU’s long-term potential.
Fintech giant Revolut has listed Pudgy Penguins ($PENGU)
Adding to the momentum, fintech giant Revolut listed $PENGU on its trading platform, allowing millions of retail users globally access to the asset.
This integration gave $PENGU a new level of accessibility and credibility, reinforcing its status as more than just a fleeting meme trend.
The listing’s timing, aligned with the ETF news, created a perfect storm of exposure and utility that rapidly boosted demand and liquidity.
Strong technicals back the bullish sentiment
Technical indicators further support $PENGU’s upward trajectory, signalling sustained bullish pressure in recent sessions.
Short-term analysis shows solid support between $0.012 and $0.013, with resistance emerging around the $0.015 to $0.016 range.
A breakout above these levels could push the price toward the next major target of $0.01745, with some analysts even projecting a run toward $0.044, a potential 200% increase.
The Chaikin Money Flow (CMF) indicator registers a healthy +0.21, well above the neutral zone, indicating strong capital inflows during the rally.
Meanwhile, accumulation indicators like A/D show sustained interest on dips, and rising volume suggests that buyers are firmly in control of the market.
History may be repeating itself
Market analyst Ali Martinez has drawn a compelling comparison between $PENGU and $PEPE’s breakout pattern from last year.
According to Martinez, $PENGU’s current structure mirrors $PEPE’s pre-rally phase, and a daily close above the $0.015–$0.017 zone could unleash a similar vertical move.
$PENGU is starting to look a lot like $PEPE did before it exploded! A daily close above $0.015–$0.017, and this train could be unstoppable. pic.twitter.com/dQqc8lY7ev
— Ali (@ali_charts) July 1, 2025
Despite its recent strength, $PENGU is still down 77.6% from its December 2024 all-time high of $0.06845, offering significant room for recovery if momentum continues.
At the same time, the token has rebounded 312% from its April 2025 low of $0.003715, suggesting a foundational base has been established.
If history repeats itself, as it did with $PEPE, then Pudgy Penguins ($PENGU) might soon find itself at the forefront of the next meme coin frenzy — this time with deeper institutional roots and a hybrid structure that sets it apart.
u.today
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