Even PUDGY, the native currency of the Pudgy Penguins ecosystem, has exploded. In fact, it has soared by an incredible 385% in just over the last five weeks alone! This boom has catapulted Pudgy Penguins into the 2nd-largest NFT ranked by all-time sales volume. According to TradingView’s data, PENGU has surged by 504% since the tariff collapse.
The recent rally started during the last week of June, with PENGU rebounding off support at $0.007737. In total, the token generated five straight bullish weekly candles, a first for the cryptocurrency. This outstanding track record has propelled Pudgy Penguins’ meteoric rise as one of the most sought-after NFT collections.
PENGU’s price action has been watched and followed like a hawk. The uptrend started on the 27th of June, and the token has bounced off a support line of $0.007737. Since then, PENGU has been on a long-term upward trend.
In the weekly context, the development of five consecutive bullish candles is especially impressive. This record-setting streak of positive momentum is historic for PENGU, helping to showcase the strong investor confidence and demand that is building for the token. This increase is directly related to the rise of Pudgy Penguins. They’ve sprinted to become the second-largest NFT collection further illustrating the power of combining the token with the NFT project.
The Pudgy Penguins ecosystem as a whole is already being positively impacted by PENGU’s stellar initial performance. Being the native token, PENGU is essential for the ecosystem’s functionality and governance. This newfound value and demand for PENGU has further driven up the visibility and intrigue around Pudgy Penguins NFTs.
