Catenaa, Saturday, August 09, 2025-Pudgy Penguins (PENGU), a Solana-based cryptocurrency tied to the popular NFT collection, surged more than 5% Sunday, outpacing larger coins such as Bitcoin, Ethereum, and Dogecoin in daily gains, according to market data.
The token’s rebound capped a volatile week, narrowing losses from the prior days while more than doubling its value over the past month.
Cryptocurrency analyst Ali Martinez identified a buy signal for PENGU, projecting a potential climb to $0.044 if it holds above the $0.036 support level, signaling nearly 24% upside.
The recent momentum follows growing enthusiasm around the Canary PENGU ETF, an innovative investment product planning to allocate 80-95% of assets to PENGU tokens and 5-15% to Pudgy Penguins NFTs. The NFT collection’s floor price rose 3.6% in 24 hours, while average sales surged 26%, highlighting strong market interest.
At the time of reporting, PENGU traded at $0.03550, down 5.12% over the past day, reflecting ongoing volatility in the sector.
The rise in PENGU’s price underscores renewed investor appetite for NFT-linked cryptocurrencies, supported by innovative financial instruments like the Canary PENGU ETF, which aim to bridge NFTs and traditional markets.
