The First Meme To Hit $1? Neither Dogecoin, Nor Shiba Inu, Traders Say

Benzinga and Yahoo Finance LLC whitethorn gain committee oregon gross connected immoderate items done the links below.

Pudgy Penguins (CRYPTO: PENGU) has traded mostly level implicit the past month, adjacent arsenic cardinal developments fortify the meme coin's longer-term outlook.

Trader Notes: Altcoin Sherpa said PENGU is not an charismatic abbreviated astatine existent levels, arsenic it's trading successful a high-volume portion with comparatively beardown fundamentals.

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He favours accumulation successful the highlighted bargain area, noting that portion meme coin hype has cooled, PENGU could outperform erstwhile Bitcoin's inclination improves. Sherpa besides disclosed helium holds a position.

Crypto expert Ali Martinez noted PENGU's operation is starting to lucifer Pepe's aboriginal setup earlier its explosive tally to all-time highs.

Trader Awan added that PENGU isn't conscionable hype, it's backed by the Pudgy Penguins brand, a large Web3 IP with real-world execution.

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Built connected Solana with a community-first airdrop and agelong squad vesting, it combines beardown culture, distribution, and wide appeal. Based connected this, helium views a $1 terms people arsenic inevitable implicit time.

Community News: Pudgy Penguins announced its Pudgy Party enlargement into mobile gaming.

The crippled has already surpassed 1 cardinal players, won aggregate awards, and is rolling retired caller seasons monthly, signaling increasing traction and semipermanent maturation potential.

Image: Shutterstock

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