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    Home»Cryptocurrency»PENGU Set for Lift-Off? ETF Filing and Surge in Volume Point to Breakout
    Cryptocurrency

    PENGU Set for Lift-Off? ETF Filing and Surge in Volume Point to Breakout

    Finance Insider TodayBy Finance Insider TodayAugust 14, 2025No Comments3 Mins Read
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    TL;DR

    • ETF submitting backed by CBOE and SEC evaluate brings contemporary eyes to the PENGU market setup.
    • Analysts spot triangle breakout sample; key resistance at $0.038 may result in $0.075.
    • Robinhood Superior itemizing and Solana-Ethereum bridge strengthen PENGU’s retail and cross-chain enchantment.

    ETF Submitting Attracts Consideration

    Pudgy Penguins (PENGU) is drawing new consideration after renewed curiosity in its ETF software. The submitting, supported by the Chicago Board Choices Alternate (CBOE), is now being reviewed by the US SEC. As the method strikes ahead, merchants are retaining an in depth watch on what comes subsequent.

    Ali Martinez, a market analyst, identified that PENGU is buying and selling in a formation typically seen earlier than a powerful upward transfer. He stated the value motion exhibits the asset “increase stress,” with many now looking ahead to a breakout. 

    The subsequent $PENGU breakout might be large! This setup is constructing quick with sturdy fundamentals:

    – Pending ETF submitting backed by CBOE
    – SEC evaluate in progress
    – Increasing quickly in Asia pic.twitter.com/r4JLrySad2

    — Ali (@ali_charts) August 13, 2025

    Consequently, the mixture of a regulatory submitting and rising buying and selling quantity has stored the asset on merchants’ watchlists.

    PENGU Value Motion and Key Ranges

    PENGU traded at $0.038 at press time, exhibiting little change prior to now 24 hours however up 8% over the previous week. The 24-hour quantity has remained sturdy, with over $600 million traded. On the chart, PENGU is holding above the $0.035 stage. This space is seen as short-term assist.

    Based on Martinez, the following resistance is round $0.038. If that stage is cleared, additional strikes towards $0.045, $0.055, and presumably $0.075 are being mentioned. 

    One other analyst, referred to as Altcoin Sherpa, shared his view on the token. He described PENGU as a “meme coin with added utility,” noting its position in NFTs and revenue-based tasks. This combine has helped the token attain completely different elements of the crypto market, not simply meme coin merchants.

    $PENGU continues to be an amazing coin and I sadly by no means bought crammed on the decrease inexperienced field like I needed. May put in a starter place on it although and simply add if it will get decrease.

    PENGU continues to be 1 of these memes that may be a cross sector coin- meme + NFT + precise income enterprise.… pic.twitter.com/cG4795nj8v

    — Altcoin Sherpa (@AltcoinSherpa) August 13, 2025

    Adoption and Platform Enlargement

    Furthermore, Route 2 FI said he has taken a place in PENGU primarily based on its broad enchantment and rising presence. He referred to as it “a critical Dogecoin rival” with a powerful staff and neighborhood assist. He additionally talked about its position in connecting the Ethereum and Solana networks.

    Lately, Robinhood added PENGU to its Superior buying and selling platform. This replace permits U.S. customers to commerce PENGU utilizing expanded charting and instruments. The venture’s official account shared the information, which got here as a part of broader efforts to extend entry throughout markets.

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