The First Meme To Hit $1? Neither Dogecoin, Nor Shiba Inu, Traders Say
Posted On January 27, 2026
Pudgy Penguins (CRYPTO: PENGU) has traded mostly flat over the past month, even as fundamental developments strengthen the meme coin’s longer-term outlook.
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| Pudgy Penguins | (CRYPTO: PENGU) | $0.009500 | $597.3 million | -3.5% |
| Dogecoin | (CRYPTO: DOGE) | $0.1222 | $20.6 billion | -2.5% |
| Shiba Inu | (CRYPTO: SHIB) | $0.057666 | $4.5 billion | -1.9% |
Trader Notes: Altcoin Sherpa said PENGU is not an attractive short at current levels, as it’s trading in a high-volume zone with relatively strong fundamentals.
He favours accumulation in the highlighted buy area, noting that while meme coin hype has cooled, PENGU …