PENGU, a meme coin, has experienced a significant 102% price jump within a week, reflecting positive sentiment in the meme coin community.
The coin's volume has exceeded $1.74 billion as it reaches important pre-breakdown levels, showing strong bullish activity.
Technical breakout and accumulation phases validate the market structure of the meme coin, with analysts eyeing the mid-$0.04 level as a potential target.
PENGU is currently trading at $0.03209 with a 24-hour trading volume of $1.74 billion, up by 71.15% over the last 24 hours, and a market capitalization of $2.01 billion.