Pudgy Penguins Coin PENGU Surge Outperforms Dogecoin, Shiba Inu, Pepe: ‘One Of The Best For This Cycle,’ Trader Says
Posted On January 6, 2025
Pudgy Penguins’ (CRYPTO: PENGU) has surged in valuation, securing the fourth position among top meme coins.
Data from Lookonchain revealed a PENGU liquidity provider wallet transferring 300 million PENGU tokens to major exchanges, including Binance, KuCoin and Bybit, signaling increasing activity and market presence.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Pudgy Penguins (CRYPTO: PENGU) | $0.04423 | $2.8 billion | +8% | +39.7% |
| Pepe (CRYPTO: PEPE) | $0.00002094 | $8.8 billion | +2.1% | +13% |
| Dogecoin (CRYPTO: DOGE) | $0.3894 | $57.4 billion | +2% | +22.2% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002419 | $143 billion | +2% | +12.3% |
Trader Notes: Crypto trader Eugene Ng Ah Sio shared insights on gaining conviction in high-priced assets. He outlined a framework that aligns closely with Pudgy Penguins’ current trajectory:
- Targeting assets with novel ideas, such as innovative verticals, products or tokenomics.
- Favoring newer tokens with fewer entrenched holders, minimizing sell pressure.
- Prioritizing tokens with …
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