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 might 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 protecting a detailed watch on what comes subsequent.
Ali Martinez, a market analyst, identified that PENGU is buying and selling in a formation usually seen earlier than a robust upward transfer. He mentioned the worth motion exhibits the asset “build up stress,” with many now looking forward to a breakout.
The following $PENGU breakout might be large! This setup is constructing quick with robust 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 saved the asset on merchants’ watchlists.
PENGU Worth Motion and Key Ranges
PENGU traded at $0.038 at press time, displaying little change previously 24 hours however up 8% over the previous week. The 24-hour quantity has remained robust, with over $600 million traded. On the chart, PENGU is holding above the $0.035 stage. This space is seen as short-term assist.
In response to Martinez, the following resistance is round $0.038. If that stage is cleared, additional strikes towards $0.045, $0.055, and probably $0.075 are being mentioned.
One other analyst, often called Altcoin Sherpa, shared his view on the token. He described PENGU as a “meme coin with added utility,” noting its function in NFTs and revenue-based tasks. This combine has helped the token attain totally different components of the crypto market, not simply meme coin merchants.
$PENGU continues to be a fantastic coin and I sadly by no means bought stuffed 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 Growth
Furthermore, Route 2 FI mentioned he has taken a place in PENGU based mostly on its broad enchantment and rising presence. He known as it “a critical Dogecoin rival” with a robust staff and group assist. He additionally talked about its function in connecting the Ethereum and Solana networks.
Not too long ago, 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 mission’s official account shared the information, which got here as a part of broader efforts to extend entry throughout markets.
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