TLDR:
- PENGU surged over 100%, hitting $0.031 as meme coin volume hit record highs.
- Major platforms like Coinbase and MetaMask adopted Pudgy Penguin PFPs.
- Pudgy Penguins NFTs jumped 50% in floor price, topping 5,500 ETH in volume.
- Canary Capital filed a PENGU ETF, and Play Pudgy Party game launch is upcoming.
PENGU is on a tear. In just one week, the meme coin more than doubled in price. Its NFT counterpart, Pudgy Penguins, also saw a sharp floor price jump. Both assets reached their highest levels since January. The buzz has taken over crypto Twitter and pushed PENGU into the spotlight.
PENGU’s rapid growth didn’t happen by chance. Over the past week, major Web3 players changed their profile pictures to Pudgy Penguins. Platforms like Coinbase, Binance US, MetaMask, Trust Wallet, and Jupiter Exchange all joined the trend.
This sudden wave of visibility helped push Pudgy’s brand awareness to 20% among memecoins. As reported by CryptoRank, PENGU made the top trending token across the ecosystem.
$PENGU grew over 100% and is now sitting at $0.031.@pudgypenguins NFT collection's floor is up 50%.
All happened in the last 7 days.
Why growth and what's next? Covered in the thread
pic.twitter.com/7lYzkZg4wJ
— CryptoRank.io (@CryptoRank_io) July 15, 2025
PENGU Price Doubles as Volume Hits Record Highs
PENGU’s price jumped from below $0.015 to over $0.031 in less than seven days. Weekly trading volume also saw consistent gains. It climbed from $27.2 billion to $43 billion in just three weeks.
CryptoMobese noted that PENGU broke out of its previous range, showing a strong bullish structure. Resistance now sits at $0.033 and $0.043. On the downside, traders are watching $0.024, $0.015, and $0.009 as potential support levels.
The NFT collection behind the token is rallying, too. Over the past week, Pudgy Penguins topped the NFT charts with over 5,500 ETH in trading volume. The floor price surged from 9 ETH to 14 ETH, up more than 50%.
#PENGU | Teknik Görünüm ve Yeni Hedefler$PENGU/USDT paritesi, uzun süredir 0.009$-0.015$ bandında konsolide olduktan sonra güçlü hacimle yukarı yönlü kırılım gerçekleştirdi. Mevcut fiyat 0.0282 $ seviyelerinde işlem görüyor.
Yukarı yönlü ilk dirençler:
• 0.033 $
• 0.043 $… pic.twitter.com/BP3UAs7vos— CryptoMobese (@CryptoMobese) July 15, 2025
According to CryptoRank, both the token and NFT collection recorded their strongest performances since January. That momentum shows strong alignment between token demand and collector interest.
Ecosystem Expands with New Developments
The momentum didn’t stop at social hype. Canary Capital’s PENGU ETF application was acknowledged by the SEC. Additionally, Hyperliquid listed the token on its platform. A new game launch, Play Pudgy Party, is also expected soon.
These steps helped drive PENGU’s reach to 175 billion total views. If the trend holds, further expansion beyond crypto-native circles could push growth even higher, especially in gaming.
As the charts flash green, traders are watching to see if Pudgy Penguins can hold the wave or break out again.
The post Here’s Why PENGU Is Surging in Price This Week appeared first on Blockonomi.
Source: https://blockonomi.com/heres-why-pengu-is-surging-in-price-this-week/