{"id":36117,"date":"2025-07-10T08:16:47","date_gmt":"2025-07-10T08:16:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36117"},"modified":"2025-07-10T08:16:47","modified_gmt":"2025-07-10T08:16:47","slug":"viral-meme-coin-pengu-price-skyrockets-29-amid-spot-etf-buzz","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36117","title":{"rendered":"Viral Meme Coin PENGU Price Skyrockets 29% Amid Spot ETF Buzz"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>PENGU completes bullish retest, with analyst Ali projecting $0.060 target by early August.<\/li>\n<li>Open interest surges past $176M, suggesting strong trader conviction behind PENGU\u2019s latest breakout.<\/li>\n<li>Resistance levels at $0.032 and $0.044 may act as stepping stones toward the $0.060 target.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/pengu_cover.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-403527\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/pengu_cover.jpg\" alt=\"pengu_cover\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/pengu_cover.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/pengu_cover-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/pengu_cover-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/pengu_cover-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/pengu_cover-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/p>\n<h2>PENGU Price Rallies Following Spot ETF Filing Acknowledgement<\/h2>\n<p>The price of PENGU, a Solana-based memecoin, surged nearly 29% in the past 24 hours. The move followed the US Securities and Exchange Commission\u2019s (SEC) acknowledgment of a filing for the Canary Spot PENGU ETF. At the time of writing, the <a href=\"https:\/\/cryptopotato.com\/best-meme-coins\/\" data-wpel-link=\"internal\">popular meme coin<\/a> was exchanging hands at $0.01902 with a 24-hour trading volume of $431 million.<\/p>\n<p>Meanwhile, this development sparked renewed interest in the token, with many traders reacting to the ETF filing as a possible catalyst for broader adoption. Over the past 7 days, PENGU has gained over 16%, building on strong momentum as anticipation grows over potential ETF approval.<\/p>\n<h2>Chart Signals Support for Higher Targets<\/h2>\n<p>Crypto analyst Ali shared a chart showing that PENGU recently completed a textbook bullish retest near $0.013. The price has since rebounded and is now targeting $0.060 by August, according to the projection.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Slap yourself if you are sleeping on <a href=\"https:\/\/twitter.com\/search?q=%24PENGU&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PENGU<\/a>. This is a textbook bullish retest. $0.060 by August is just the start. Once the ETF gets approved, who knows how far this can go. <a href=\"https:\/\/t.co\/QJJVClSNjl\" data-wpel-link=\"external\" target=\"_blank\">https:\/\/t.co\/QJJVClSNjl<\/a> <a href=\"https:\/\/t.co\/KfXhNAmgeq\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/KfXhNAmgeq<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1943081747903664561?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">July 9, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote>\n<p>\u201c$0.060 by August is just the start. Once the ETF gets approved, who knows how far this can go,\u201d Ali wrote.<\/p>\n<\/blockquote>\n<p>Notably, resistance zones are marked near $0.032, $0.044, and $0.060. The pattern suggests a reversal of the downtrend that began in February, supported by a newly confirmed support level just above $0.013.<\/p>\n<h2>Open Interest Spikes Alongside Price<\/h2>\n<p>Data from Coinalyze reveals that aggregated open interest (OI) surged past $176.9 million as the price rose above $0.019. This sharp increase in OI reflects a flood of new positions being opened during the rally.<\/p>\n<div>\n<figure id=\"attachment_403523\" aria-describedby=\"caption-attachment-403523\" style=\"width: 2386px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/23Lyn3AO.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-403523\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/23Lyn3AO.png\" alt=\"pengu_price_chart\" width=\"2386\" height=\"1328\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/23Lyn3AO.png 2386w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/23Lyn3AO-300x167.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/23Lyn3AO-1024x570.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/23Lyn3AO-768x427.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/23Lyn3AO-1536x855.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/23Lyn3AO-2048x1140.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/23Lyn3AO-50x28.png 50w\" sizes=\"auto, (max-width: 2386px) 100vw, 2386px\"><\/a><figcaption id=\"caption-attachment-403523\" class=\"wp-caption-text\">Source: Coinalyze<\/figcaption><\/figure>\n<\/div>\n<p>Rising OI along with price often points to bullish positioning from traders rather than short covering. However, elevated OI also carries risk, as rapid liquidation could occur if momentum fades.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/why-is-the-pudgy-penguins-pengu-price-up-by-70-this-week\/\" data-wpel-link=\"internal\">According<\/a> to our recent analysis, PENGU may be preparing for a larger move. Analyst Martinez noted that the token could soon test the $0.044 level, which would represent a 200% gain from earlier trading levels.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/viral-meme-coin-pengu-price-skyrockets-29-amid-spot-etf-buzz\/\" rel=\"nofollow\">Viral Meme Coin PENGU Price Skyrockets 29% Amid Spot ETF Buzz<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR PENGU completes bullish retest, with analyst Ali projecting $0.060 target by early August. Open interest surges past $176M, suggesting strong trader conviction behind PENGU\u2019s latest breakout. Resistance levels at $0.032 and $0.044 may act as stepping stones toward the $0.060 target. PENGU Price Rallies Following Spot ETF Filing Acknowledgement The price of PENGU, a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-36117","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36117"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36117\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}