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The Pudgy Penguins price surged 46% in the last week, despite dropping over 1% in the past 24 hours, to trade at $0.01421 as of 1:32 a.m. EST, with trading volume surging 38% to $658 million.
Can the weekly gains continue as PENGU leads other Solana meme coins with this pump?
Pudgy Penguins Price Wedge Breakout Targets Higher Levels
The PENGU price, after hitting the resistance level around $0.01694, underwent a sustained decline within a falling wedge pattern, ultimately reaching the $0.00845 support level.
After hitting the support level, the bulls have used this as a level to push the Pudgy Penguins price through a breakout, surpassing the upper boundary of the wedge.
As a result of the uptrend, the price of Pudgy Penguins has crossed the 50-day Simple Moving Average (SMA) on the 1-day timeframe, supporting the bullish sentiment.
Meanwhile, the Relative Strength Index (RSI) stands at 66.60, indicating strong upward momentum but nearing overbought territory, as GeckoTerminal data shows.
The Moving Average Convergence Divergence (MACD) is also in bullish alignment, with both the blue MACD line and orange signal line rising and staying in positive territory, supporting continued upside.
Furthermore, the blue MACD line has crossed above the orange signal line, indicating a bullish crossover that supports the current sentiment, despite a slight decline in the last day.
PENGU Price Prediction – Sustained Trend Suggests A 23% Surge
With bullish confirmation from both the breakout structure and momentum indicators, the PENGU price could attempt to challenge the upper resistance at $0.01756, a 23% surge from the current level.
However, traders should watch for short-term pullbacks as the RSI approaches overbought conditions. Support for the Pudgy Penguins price now lies near the breakout level of $0.0098.
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 be the next SPX6900.
TOKEN6900 Token Presale Rushing Towards The $100K Mark Hours After Launch – Buy And Stake For 614% APY
The TOKEN6900 token presale is gaining momentum just hours after its launch, having raised over $64,000 as it rushes towards the $100,000 milestone.
The presale is offering 80% of its token supply for staking rewards, with a hard cap of $5 million.
🚨 Token6900 is now live in Best Wallet! 🚨@Token_6900 is a meme coin born to outpace TradFi — loud, fast, and built for the culture.
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🔍 Check out $T6900 in the Upcoming Tokens tabJoin now! 👉 https://t.co/mV4V8pg1Ei pic.twitter.com/rE7dDV3oQL
— Best Wallet (@BestWalletHQ) June 30, 2025
TOKEN6900 is poised to capitalize on the growing interest in meme coins. The token is built on the Ethereum blockchain and is designed to turn collective brain-rot into a tradable ticker, adding an extra token for flexibility.
The project makes it clear that it has no utility.
Priced at $0.0064, you can buy T6900 tokens with ETH, BNB, USDT, USDC, or a bank card today. The end price is $0.007125, so there’s no time to lose before the price starts to rise and the hard cap is reached.
For passive income, investors can also buy and stake T6900 tokens for a 614% annual percentage yield (APY). Over 6.6 million tokens have already been staked.
Investors looking to secure the best presale deal will want to buy before the next ICO hike in around 27 hours.
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