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The Pudgy Penguins price dropped 3% in the last 24 hours to trade at $0.01367 as of 3:15 a.m. EST on trading volume that soared 138% to $599.95 million.
Despite the recent correction by the PENGU price, the meme coin is number 1 on CoinMarketCap’s trending list.
Pudgy Penguins Price Prediction
The Pudgy Penguins price was seeing small fluctuations over the course of the last week, with its Bollinger Bands maintaining consistent width. Its price than skyrocketed yesterday, causing a massive widening for the bands.
Since then, the PENGU price has corrected back to its pre-surge levels, and the bands are now starting to tighten again, returning to the previous state. This could be seen as a bearish signal, but it might also open an opportunity for traders to buy low, now that the token has dropped from its weekly high.
PENGU/USDT chart analysis (Source: TradingView)
Prior to the surge, PENGU’s Relative Strength Index (RSI) value has been fluctuating between 40 and 60. This changed yesterday when the popular metric shot up, skyrocketing deeply into the overbought zone, reaching the value of 80 at the same time as the price reached its own peak.
After that, traders took profit, overselling the token, which caused the price to plummet, while the RSI itself returned to the oversold zone. Since then, it pumped again, reaching the value of 50 as traders bought the dip, but then the sale continued, pushing it down again.
The RSI performance shows that traders were willing to overbuy the token and push the RSI deeply into the overbought territory. However, the sell-off ended as the RSI hit 30, suggesting that traders are not too bearish on the token, which could mean that its price might bounce back up.
Promising Alternative To Pudgy Penguins
With the Pudgy Penguins price currently trying to stabilize, traders have started turning to BTC Bull Token (BTCBULL) as the most promising alternative right now.
This is a meme coin that calls itself Bitcoin’s official meme coin, and its goal is to help push Bitcoin’s price as far as possible. To encourage investments into BTC, the project has set up a series of milestones for Bitcoin’s value, such as $150k, $200k, $250k, and more, up to $1 million.
When Bitcoin rises, so do your airdrop rewards. 🏹⭐ pic.twitter.com/9aITqaMOaG
— BTCBULL_TOKEN (@BTCBULL_TOKEN) May 9, 2025
Whenever BTC surges enough to hit one of these milestones, BTCBULL token holders will receive free BTC via airdrops. That means that investing in a cheap meme coin now could allow investors to get free BTC once the largest cryptocurrency sees its next big bull run.
That is what made many buy BTCBULL, and so far, its presale has raised over $5.78 million, while the token’s own price is only $0.002515 apiece. With the price of Bitcoin recently rising back above the $100k mark, crypto YouTuber ClayBro, with over 136k subscribers, sees BTCBULL as a great opportunity.
Interested investors will want to buy before a presale price hike in less than 3 days.
Visit the BTC Bull Token website.
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