Pudgy Penguins Coin PENGU Surge Outperforms Dogecoin, Shiba Inu, Pepe: 'One Of The Best For This Cycle,' Trader Says

Pudgy Penguins' PENGU/USD has surged in valuation, securing the fourth position among top meme coins.

Data from Lookonchain revealed a PENGU liquidity provider wallet transferring 300 million PENGU tokens to major exchanges, including Binance, KuCoin and Bybit, signaling increasing activity and market presence.

Cryptocurrency	Price	Market Cap	24-Hour Trend	7-Day Trend
Pudgy Penguins PENGU/USD	$0.04423	$2.8 billion	+8%	+39.7%
Pepe PEPE/USD	$0.00002094	$8.8 billion	+2.1%	+13%
Dogecoin DOGE/USD	$0.3894	$57.4 billion	+2%	+22.2%
Shiba Inu SHIB/USD	$0.00002419	$143 billion	+2%	+12.3%

Trader Notes: Crypto trader Eugene Ng Ah Sio shared insights on gaining conviction in high-priced assets. He outlined a framework that aligns closely with Pudgy Penguins’ current trajectory:

• Targeting assets with novel ideas, such as innovative verticals, products or tokenomics.
• Favoring newer tokens with fewer entrenched holders, minimizing sell pressure.
• Prioritizing tokens with unlimited valuation potential, like meme coins that defy traditional metrics.

Another trader, Maison Ghost, praised PENGU, calling it "one of the best for this cycle, billions to come."

study $PENGU

one of the best for this cycle, billions to come

send it higher 🎯 pic.twitter.com/eN8jJMEf4o

— Maison Ghost (@MaisonGhost) January 6, 2025

Moose, another prominent trader, reminded the community that GCR, considered one of the best traders of all time, has been bullish on PENGU since 2021.

GCR predicted that PENGU could be a defining asset for this decade, suggesting that integration with centralized exchanges (CEX) and futures trading would be revolutionary.

However, he also highlighted challenges like the NFT platform’s infancy stage and limited liquidity attraction.

Statistics: Pudgy Penguins’ community lead, Berko Crypto, shared impressive engagement metrics within the first few days of 2025.

It posted 1.1 billion views for its GIFs and stickers in early 2025, Telegram stickers sold out in record time and viral campaigns on Instagram and TikTok showcasing the brand’s cultural relevance.

Pudgy Penguins plans to expand beyond Solana, aiming for integration with Ethereum ETH/USD and Abstract, an Ethereum layer-2 scaling solution.

According to CoinMarketCap, Ethereum's NFT trading volume surged to $186 million in the past week, with Pudgy Penguins contributing significantly.

CoinGecko data shows PENGU’s valuation ahead of competitors like Bonk BONK/USD, Dogwifhat WIF/USD, and Floki FLOKI/USD.

Read Next: 

• If You Invested $1,000 In Pudgy Penguins NFTs At Mint, Here’s How Much You’d Have Today

Image via Pudgy Penguin