PENGU Surges 107% as SUI Jumps 70% in Made in USA Coin Rally

In the first week of May, Made in USA coins exhibited varied performance, with PENGU, SUI, and RENDER showcasing distinct trajectories. PENGU led the pack with a remarkable 107% surge, indicating a strong recovery after months of correction. SUI also performed impressively, jumping 70% and securing its position among the largest Made in USA coins. In contrast, RENDER struggled to gain momentum, underperforming both the broader market and leading AI coins.

Pudgy Penguins (PENGU) once held the title of the leading meme coin on Solana, reaching a peak market cap of $2.9 billion on January 6. However, following its meteoric rise, the token entered a prolonged correction phase, with its market cap falling below the $1 billion mark by January 29. Since then, PENGU has faced challenges in regaining its previous momentum, reflecting the broader cooling interest in meme coins during that period. Despite the correction, recent price action suggests a shift in sentiment around PENGU. Over the past seven days, PENGU has surged by 107%, including a gain of more than 16% in just the last 24 hours. If this strong momentum continues, PENGU could soon test the $0.011 resistance level. A break above this point could open the path toward $0.0126, and if bullish pressure remains strong, further targets at $0.0171 and even $0.0223 could come into play — breaking above the $0.020 mark for the first time since January 27.

SUI has been one of the standout performers among altcoins over the past week, surging 70% and positioning itself just behind Cardano, Solana, and XRP in market cap among the major Made in USA coins. With such a powerful move, SUI is approaching critical technical levels that could determine whether the rally continues or faces a pullback. Recently, SUI tested the resistance at $3.73 but failed to break through it. If it manages to test this level again and successfully break above it, the next target would be $4.25, which would also mark SUI’s first time trading above $4 since January 31. However, if bullish momentum fades, SUI could test the $3.25 support zone. Losing this support could lead to a deeper correction toward $2.92 or even $2.51, making the coming price action especially important for assessing whether SUI’s rally can extend further.