PENGU's Market Cap Surges to $1.752 Billion with 35% Price Increase

PENGU has surged above $0.03, with a market capitalization of $1.752 billion and a 35% price increase in the last 24 hours, according to HTX market data on July 13th. This significant rise in value marks a notable event for the cryptocurrency.

Pudgy Penguins (PENGU) has experienced a remarkable surge in its price, reaching above $0.03, according to HTX market data on July 13th, 2025. This significant rise has led to a substantial increase in its market capitalization, which now stands at $1.752 billion, representing a 35% price increase in the last 24 hours [3].

The PENGU token has been making waves in the cryptocurrency market, with its recent price surge propelling it to the 89th largest crypto asset. This upward trend can be attributed to various factors, including the positive market sentiment and the reduced selling pressure observed in the market. Large holders have increased their PENGU holdings, while the circulating supply on exchanges has declined, indicating a potential bullish trend [1].

The recent surge in PENGU's price was likely catalyzed by the news that the U.S. Securities and Exchange Commission (SEC) has acknowledged the filing for the proposed Canary spot PENGU ETF. This development has sparked investor confidence in the token, leading to increased demand and subsequent price appreciation [1].

Analysts have predicted that PENGU's price could continue to rise, with an upside potential of 75% from its current levels. This prediction is supported by various technical indicators, including Bollinger Bands, Relative Strength Index (RSI), and Moving Average Convergence and Divergence (MACD). The token's recent breakout from a cup and handle pattern further supports the optimistic outlook for its future performance [1].

Looking ahead, the PENGU price prediction for 2025 suggests that the token could reach $0.75 by the end of the year. This prediction is based on the recent breakout from a cup and handle pattern and the positive market sentiment surrounding the token. As long as Bitcoin maintains its highest new levels, PENGU may continue to maintain its upward path [2].

In conclusion, Pudgy Penguins (PENGU) has experienced a significant price surge, with its market capitalization now reaching $1.752 billion. The recent rally was likely driven by the news of the proposed Canary spot PENGU ETF and the positive market sentiment surrounding the token. Analysts predict that PENGU's price could continue to rise, with an upside potential of 75% from its current levels.

References:
[1] https://www.ainvest.com/news/pengu-surges-0-0177-reclaims-1-billion-market-cap-growing-investor-confidence-2507/
[2] https://investorempires.com/pengu-price-hits-5-month-peak-as-solana-memecoins-rally-behind-btc/
[3] https://www.htx.com/en-in/price/coin/