PENGU Soars 20%: Walmart Toys Turn Penguins into Market Kings 🐧💰

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Oh, what a world we live in, where penguins, not just any penguins, but pudgy ones, have become the new kings of the NFT realm! The price of PENGU has leaped nearly 20%, mirroring a broader revival in the NFT space. These pudgy creatures, part of the Pudgy Penguins ecosystem, have even surpassed the once mighty Bored Ape Yacht Club to claim the #2 spot by market cap. 🎉

This newfound momentum is like a warm wind at the back of PENGU, propelling it forward in both demand and chart performance. Who knew that being pudgy could lead to such success? 😂

NFT Ecosystem Fuels Demand

According to DappRadar, the total NFT market cap soared 94% in July, hitting an impressive $6.6 billion. Pudgy Penguins led the charge with increased trading volume and a rapidly expanding ecosystem. The brand has not only partnered with Walmart for plush toys but also declared itself the “next Mickey Mouse” of digital culture, thanks to a bold statement by CEO Luca Netz. The community’s enthusiasm is palpable, and it’s spilling over into PENGU like a tidal wave. 🌊

Technical Signals Support Bullish Thesis

PENGU’s chart is a sight to behold, showing a clear breakout above key Fibonacci levels, including the 61.8% retracement. It’s as if the token is saying, “Watch out, world, I’m on a mission!”

Momentum indicators back this surge:

  • RSI: 71.81 (bullish, nearing overbought)
  • MACD: Bullish crossover confirmed with a positive histogram
  • Price: Trading above 30-, 50-, and 200-day EMAs
  • 24h Volume: Over $1.57 billion, a 33% increase day-over-day

With PENGU now pushing past short-term resistance, bulls are eyeing the next target near the psychological $0.05 mark. If the NFT market continues to show strength, PENGU could keep soaring—especially as sentiment shifts toward utility-driven collections with real-world partnerships. After all, who doesn’t want a pudgy penguin in their life? 🐧❤️

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2025-07-26 21:33