news 
PENGU Breaks Out as Volume Soars — $0.052 in Sight?
The cryptocurrency market is witnessing a dramatic shift as Pudgy Penguins (PENGU) has broken out of its triangle pattern, reaching $0.043 with an astronomical trading volume of over $1.38 billion. As the token continues to make strides, experts are now eyeing the potential for a surge to $0.052.
The breakout comes after PENGU’s price action respected lower highs and a steady support base near $0.041, signifying bulls gaining ground. A closer analysis suggests that if momentum holds, the asset may be heading towards the next significant area of interest – $0.052.
Korean traders have been instrumental in fueling the surge, with PENGU’s volume surpassing Dogecoin on Upbit. According to analyst Cas Abbé, big accounts are now switching their portfolios to include Pudgy Penguins. This sudden shift has led him to predict a possible 150% to 200% move over the next two months.
In addition to its market performance, PENGU’s team has been busy addressing rumors surrounding an OpenSea buyout. In a statement on X, Beau, the project’s security lead, assured the public that these claims were unfounded and cleared up any confusion surrounding the matter.
Furthermore, Pudgy Penguins announced its plans to launch a mobile game for both Apple’s App Store and Google Play, with no release date provided at this time.
Source: cryptopotato.com
