Pudgy Penguins (PENGU) Surges 67% Weekly, Eyes 224% Gain

Pudgy Penguins (PENGU), the native cryptocurrency of the Pudgy Penguins NFT project, has recently experienced a significant technical breakout, as identified by crypto analyst Ali. This breakout has sparked considerable interest and speculation about the potential for substantial growth in the meme coin sector. According to Ali's chart analysis, PENGU has surpassed a key resistance level and is now potentially headed toward the $0.044 mark, which is nearly triple its current price of $0.01587.

As of July 6, 2025, PENGU has a market capitalization just shy of $1 billion and has seen a weekly gain of nearly 20%, despite a slight dip of 1.31% over the last 24 hours. The asset is also experiencing strong trading activity. Ali’s chart shows the asset forming a classic ascending triangle pattern, with the breakout point around $0.0155. This bullish structure typically suggests increasing upward pressure and a potential surge once resistance is breached.

Key support and resistance levels for PENGU include immediate support around $0.01330, current resistance around $0.017, and a major target of $0.044. With momentum building and strong technical signals, PENGU may be positioned for a notable rally, provided it holds above support and volume remains elevated. The recent activity of Pudgy Penguins has also sparked renewed interest in other meme coins. Popcat (POPCAT), for instance, is showing signs of recovery with a noticeable weekly improvement of nearly 18%. Currently priced between 27 and 34 cents, Popcat has the potential to test the resistance level of 37 cents and could target 44 cents, a potential rise of around 30% from its current range.

Bonk (BONK) has also shown interesting movements, currently swinging between $0.0000129866 and $0.00001611. Bonk faced a weekly rise of over 24%, hinting at growing interest among traders. If it manages to break through the nearest resistance level of $0.00001722, it could aim for the next target near $0.00002035, a potential increase of around 27% from its current range. Dogwifhat (WIF) is bouncing around $0.72 to $0.96, with room to climb. If it hits the resistance at $1.05, that’s about 40% up from the lowest price today. Should it manage to break through to the second resistance at $1.27, it could see a jump of nearly 80% from the current price. The Relative Strength Index suggests WIF is oversold, hinting at a possible price rise.

The recent surge in Pudgy Penguins' price has also been influenced by strong bullish sentiment among investors. The native cryptocurrency of Pudgy Penguins has witnessed a strong 67% upside over the past week, capturing 10% of the Solana ecosystem's mindshare. This rally has been driven by a key resistance zone around 0.01534, which the price recently smashed through. The 12-hour chart shows PENGU breaking out, with a potential price target of 224%. The token, anchored to the wildly popular Pudgy Penguins NFT brand, saw a sharp 32% price jump following news of a PENGU ETF filing from Canary Capital. This filing has further fueled speculation about the potential for significant growth in the meme coin sector.

In conclusion, while Pudgy Penguins may be setting the tone for this meme coin revival, the real story lies in the contenders lining up behind it. Popcat shows signs of recovery, Bonk is teasing a breakout, and Dogwifhat is clawing back from oversold levels. As speculation builds, these coins could ride the wave of market optimism, making now a crucial moment for meme coin watchers to keep their eyes on the charts.