Why PENGU Could Be the Next Viral Meme Coin After Solana’s 5% Dip

2025-08-05

After Solana experienced a 5% price dip, the crypto market has started shifting its attention to newer, fast-growing meme coins. One that has quickly caught the spotlight is Pudgy Penguins (PENGU ).

As Solana consolidates, PENGU is gaining momentum through strong branding, rising investor interest, and community-driven support. While meme coins are often unpredictable, PENGU ’s progress is driven not just by hype but by its connection to a well-established NFT brand and increasing presence in real-world platforms.

In this article, we explore the key differences between PENGU and Solana, why PENGU may become the next viral meme coin, and how its current price movement hints at an upcoming altcoin rally.

We also break down the PENGU Solana comparison and whether PENGU has the potential to outperform.

PENGU’s Origin: From NFTs to Tokens

PENGU is the native cryptocurrency created by the popular Pudgy Penguins NFT project. Originally launched in July 2021, Pudgy PENGU is quickly sold out and gained mainstream media attention, even making it to the cover of the New York Times.

The NFTs once sold for as high as $6,000 each before the market corrected and community tensions emerged.

After a leadership shift in early 2022, the project was acquired by investor Luca Netz for $2.5 million. Since then, the Pudgy Penguins brand has been revitalized with new strategies, including the creation of the PENGU token on the Solana blockchain in December 2024.

NFT holders and selected Web3 community members were allowed to claim the token, building an early user base.

PENGU Price Overview and Technical Indicators

pengu viral coin.

As of August 2025, PENGU is trading at $0.035, showing a 3.05% daily increase. Its market cap has reached $2.21 billion, with over 62.8 billion PENGU tokens in circulation.

The token previously hit an all-time high of $0.05738 in December 2024 and saw its lowest value of $0.0037 in April 2025.

Key technical indicators suggest that PENGU is currently experiencing bullish momentum:

Resistance: $0.04
Support: $0.03
Relative Strength Index (RSI): 57.53, showing healthy buying interest
Volatility: Around 29.5%, which is moderate for a meme token

The 50-day SMA is currently at $0.022, and most simple and exponential moving averages indicate a "buy" signal.

PENGU Vs Solana Comparison: Different Roles in a Shared Ecosystem

While both tokens operate on the Solana network, PENGU and Solana serve very different purposes. Solana is a Layer-1 blockchain known for its fast transactions and low fees. It is a foundational infrastructure that supports decentralized apps and smart contracts.

On the other hand, PENGU functions more as a community and branding token, much like other successful meme coins. Its value lies not in technology but in community-driven engagement, cultural branding, and cross-industry reach such as NFT toys in retail stores like Walmart.

Yet, PENGU benefits from Solana’s efficiency. The token's recent growth shows that community tokens can leverage Solana’s scalability while attracting a different investor profile, those seeking viral coins with emotional and cultural value rather than technical utility.

Why PENGU Could Go Viral After Solana's Dip

Solana’s recent 5% dip has prompted investors to look at more speculative but high-potential assets like PENGU . Meme coins often attract attention during uncertain phases in larger-cap tokens, and PENGU stands out due to:

Strong brand association with Pudgy Penguins
Real-world partnerships and product placements
Continued community engagement through NFT and Web3 platforms
Fresh market sentiment and increasing trading volume

As other meme coins face stagnation, PENGU has already shown signs of an altcoin rally. Trading volume surged over $126 million in a single day, and PENGU ’s technical structure suggests room for further gains if it breaks through the $0.04 resistance level.

Short-Term and Long-Term Price Forecast

In August 2025, analysts predict PENGU could reach:

Low: $0.024
Average: $0.039
High: $0.051

If buyers continue to hold above $0.035 and general crypto sentiment remains positive, we could see PENGU test new highs by year-end.

For 2025 overall, estimates suggest PENGU may hit a:

Maximum price: $0.0791
Minimum price: $0.0323
Average value: $0.0763

Long-term projections through 2031 show a slow but steady rise. By 2031, PENGU could reach around $0.27 if interest and community adoption continue.

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FAQ

Are Pudgy Penguins worth anything?

Currently, the price of a Pudgy Penguins is $0.036. Its total market value is over $2.25 billion, with a circulating supply of over 62 billion PENGU tokens.

Will Pudgy Penguins hit $1?

Some predictions are optimistic, suggesting that the price could range from $0.25 to $1. Other analysis points to the price potentially rising above $0.45.

What is a Pudgy Penguins?

Pudgy Penguins is a collection of 8,888 unique digital artworks (NFTs) that were launched on the Ethereum blockchain in August 2021.

Is Pudgy Penguins a good investment?

According to some crypto experts, the PENGU coin could reach a maximum of $0.062 in 2025, which would be a 105% increase. However, it could also potentially drop to a low of $0.025.