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Justin Sun’s Surprise Post Sends PENGU Soaring 31% as Pudgy Penguins Rally Gains Steam
In a shocking turn of events, Justin Sun’s recent post on social media has sent the price of PENGU soaring by a staggering 31%, propelling the meme coin into the spotlight.
The unexpected interaction with Pudgy Penguins’ official X account caught many off guard. The cryptocurrency’s sudden surge can be attributed to this unforeseen publicity, which not only garnered attention but also boosted demand for the Solana-based meme coin.
Justin Sun took to social media and shared a cartoon image featuring his hairstyle and TRON shirt, captioning it “OK. Everyone has become a penguin.” This post rapidly spread across various platforms, further fueling interest in Pudgy Penguins.
The official Pudgy Penguins’ account responded with a quote of Justin Sun’s message, stating “Everyone will Huddle. Justin looks good here. Welcome to the Huddle.”
The remarkable price movement came just days after on-chain analyst Ali highlighted strong momentum forming on the PENGU/USDT chart. He described this momentum as “textbook bullish retest” and drew comparisons with other meme coins, emphasizing that the token demonstrated solid fundamentals.
As a result, Sun’s post sparked considerable on-chain activity and retail attention, resulting in PENGU’s rapid price rise.
An analyst highlights fundamentals, setting a short-term price target of $0.060.
Source: coinchapter.com
