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The Pudgy Penguins price jumped 14% in the last 24 hours to trade at $0.0241 as of 10:07 p.m. EST on trading volume that surged 12% to $1.4 billion.
This comes as BitMEX co-founder Arthur Hayes says investors should get ready for a “monster alt szn.”
I was slightly bearish in my last essay due to TGA refill. What changed?$BTC busted through ATH on good volume$ETH is following and will outperform, get ready for a monster alt szn.
Mrkt thinks Trump will TACO on tariffs, so fuck it: @MaelstromFund is backing up the truck!— Arthur Hayes (@CryptoHayes) July 11, 2025
Currently, according to CoinMarketCap, the Altcoin Season Index is at 29/100, far from confirming a full-blown altseason. However, according to Hayes, the breakout in BTC and ETH will soon spread to major altcoins like Solana, Cardano, and Avalanche.
Can this surge trickle down to the PENGU price?
Pudgy Penguins Price Poised For A Sustained Surge
The PENGU price action is currently displaying a strong bullish trend on the 4-hour chart, clearly progressing within a rising channel pattern.
Following a period of accumulation and sideways movement, the Pudgy Penguins price broke out above the resistance level around $0.016, which had previously acted as a supply zone.
The breakout above both the 50-day and 200-day Simple Moving Averages (SMAs) further reinforces the bullish sentiment.
Meanwhile, the Relative Strength Index (RSI) is currently at 75.79, which places it firmly in overbought territory. While this reflects the strength of the recent bullish move, it also suggests that the asset may be temporarily overheated.
The Moving Average Convergence Divergence (MACD) is in bullish alignment. The MACD line (blue) is above the signal line (orange), and both are above the zero line.
The breakout above previous resistance levels, supported by strong momentum, hints at a potential move toward the $0.030 area, especially if the price of Pudgy Penguins continues to ride the upper boundary of the ascending channel.
PENGU/USD Chart Analysis (Tradingview)
However, considering the RSI is already in overbought territory, a minor pullback could occur, with the $0.0169 level acting as the next major support level.
Meanwhile, investors are piling into a new meme coin called TOKEN6900 (T6900), which, according to 99Bitcoins, a popular YouTube channel with over 723k subscribers, could surge 100X after launch.
TOKEN6900 Presale Rushes Toward $500K Milestone – Next Big Crypto?
TOKEN6900 is growing fast, already raising over $376k in its ongoing presale.
Backed by strong momentum, viral branding, and a storyline reminiscent of SPX6900, a meme coin that previously surged to a $1.3 billion market cap, TOKEN6900 is quickly emerging as one of the most talked about presales in the current cycle.
TOKEN6900 isn’t built on utility, innovation, or real-world use cases. Instead, it is a celebration of absurdity, irony, and crypto culture in its rawest, most chaotic form.
The token is built on the Ethereum blockchain and is designed to turn collective brain-rot into a tradable ticker, and added one more token than SPX6900 to its total supply just because it could.
brain made of pop rocks and mint button pic.twitter.com/NPlTUJaiIy
— Token6900 (@Token_6900) July 10, 2025
It doesn’t track GDP, oil reserves, or corporate earnings. Instead, it tracks what it calls “vibe liquidity.” It’s not built on fundamentals, but rather on delusion, irony, and the collective hallucination of terminally online traders.
TOKEN6900, the self-described Non-Corrupt Token (NCT), refuses to play the traditional crypto game. There are no AI integrations, no metaverse plans, no partnerships with legacy finance, and no centralized VC allocations.
Instead, 80% of tokens are allocated to the public presale, with no private rounds or whitelist favorites. The token is built on the Ethereum blockchain and is designed to turn collective brain-rot into a tradable ticker.
Buy And Stake T6900 For 141% APY
Priced at $0.006525, you can buy T6900 tokens with ETH, BNB, USDT, USDC, or a bank card. For passive income, investors can stake T6900 tokens for a 141% annual percentage yield (APY). Over 32.9 million tokens have already been staked.
With a $5 million hard cap and rising hype, analysts expect the presale to sell out fast.
Investors looking to secure the best deal should buy before a price hike in less than 2 hours.
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