Can $PENGU Break $0.05 This September? TOKEN6900 ICO Surges Toward $3M in Its Final Hours

Pudgy Penguins, which has been one of the top performers lately, is now going through a correction after its recent parabolic rally. Some investors see this as a slowdown, but analysts believe the pullback could be a prime chance to take advantage of chart-driven setups.

Meanwhile, the crypto community’s focus is turning toward a new meme coin, TOKEN6900, which is generating a lot of buzz during its presale and is closing in on $3 million in the last hours.

Source – Cryptonews YouTube Channel

Pudgy Penguins (PENGU) Price Analysis

Over the past month, Pudgy Penguins surged nearly 500%, climbing from under $0.01 to around $0.04, a sixfold return for early investors. The price has since pulled back roughly 25%, reflecting a natural correction after such a steep rally.

Despite this, interest remains strong: Gecko Terminal recently listed $PENGU among the Top 5 Trending Tokens in the last 24 hours, highlighting continued community engagement and market visibility.

Daily price action remains volatile, characterized by sharp upward moves followed by equally steep pullbacks. Technical indicators point to a falling parallel channel forming at the top of the recent uptrend, a classic bull-flag pattern.

Historically, this pattern has often preceded strong breakout moves. Analysts suggest that if $PENGU manages to break above the downward-sloping resistance trendline, the token could realistically test $0.05 in September, offering potential upside of 25–30% from current levels.

Even a smaller breakout might deliver gains of around 10%, presenting a lower-risk entry point for traders looking to capitalize on momentum.

Volume-weighted ATR bands are also being monitored by traders as potential profit-taking zones if the momentum continues.

Supporting this bullish outlook, crypto expert Ali highlighted that $PENGU’s current consolidation resembles its April–July fractal, where a similar pattern led to a sharp buy-the-dip opportunity before another upward leg.

This parallel reinforces the bull-flag thesis and highlights strategic points for entry, emphasizing that corrections in this case could serve as more than just retracements, they may offer well-timed opportunities to position for the next surge.

TOKEN6900 Presale Skyrockets in Final Hours

While Pudgy Penguins consolidates, TOKEN6900 is stealing the spotlight. The SPX6900-inspired meme coin has already raised $2.9M, with estimates reaching $3M before the presale ends. Early buyers could see a 2x return at launch.

Source – TOKEN6900 via X

Copycat meme coins have a proven history. Dogecoin, Shiba Inu, Baby Doge, and Floki each reached billions in market cap. TOKEN6900 is now attracting similar attention.

InsideBitcoins recently reviewed the project and called it a potential “next Dogecoin,” while other crypto experts on YouTube are discussing its explosive potential.

Investor projections vary widely, from 10x to 100x once the token hits exchanges. The project has completed audits, adding credibility to the hype. Meme coin enthusiasts are rushing in, making this one of the most talked-about presales of the year.

Investors can participate using Best Wallet, MetaMask, or Coinbase Wallet, with a bonus airdrop available for new Best Wallet users. Overall, TOKEN6900 is being touted as a high potential altcoin by crypto enthusiasts ahead of its upcoming launch.

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