PENGU has surged 190% in the past 30 days and has the potential to reach $1.2, following a similar pattern to PEPE's explosive growth.
The token is backed by real-world revenue, with over $13 million generated from physical toy sales at major retailers, Walmart and Target.
PENGU recently gained listing on the eToro platform, signaling increasing acceptance in the market. The SEC acknowledged a hybrid ETF application involving PENGU and Pudgy Penguins NFT.
Traders show optimism with open interest for PENGU reaching $407 million, but caution is advised as the RSI indicates potential for short-term corrections. Community support is also strong.