{"id":624167,"date":"2025-02-05T13:34:56","date_gmt":"2025-02-05T13:34:56","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=624167"},"modified":"2025-02-05T13:34:56","modified_gmt":"2025-02-05T13:34:56","slug":"pudgy-penguins-price-prediction-pengu-jumps-8-as-this-innovative-crypto-index-enables-diversified-meme-coin-investing-best-crypto-to-buy-now","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pudgy-penguins-price-prediction-pengu-jumps-8-as-this-innovative-crypto-index-enables-diversified-meme-coin-investing-best-crypto-to-buy-now","title":{"rendered":"Pudgy Penguins Price Prediction: PENGU Jumps 8% As This Innovative Crypto Index Enables Diversified Meme Coin Investing &#8211; Best Crypto To Buy Now?"},"content":{"rendered":"<p>The Pudgy Penguins price surged 8% in the last 24 hours to trade at $0.01341 as of 2.20 a.m. EST on trading volume that dropped 17% to $297.05 million.<\/p>\n<p>The PENGU price has started a slow recovery following the massive drop on Sunday after US President Donald Trump started a global trade war with his imposed tariffs. This recovery comes as today marks the end of the PENGU claim. According to an announcement by the project , the community has until 9:00 a.m. EST to claim their PENGU.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Tomorrow, at 9AM EST, the PENGU claim will end, and all remaining supply will be burnt.<\/p>\n<p>Currently, 13.82% of the total supply is on track to being burnt. <a href=\"https:\/\/t.co\/DvEpeSI2f4\">pic.twitter.com\/DvEpeSI2f4<\/a><\/p>\n<p>&mdash; Pudgy Penguins (@pudgypenguins) <a href=\"https:\/\/twitter.com\/pudgypenguins\/status\/1886882968335212592?ref_src=twsrc%5Etfw\">February 4, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The unclaimed tokens will be burned, and as of 10 hours prior to the time of writing, 13.82% of the total supply was on track to be removed from circulation.<\/p>\n<h2>Pudgy Penguins Price Prediction<\/h2>\n<p>After reaching its bottom on Monday with a <a href=\"https:\/\/coinmarketcap.com\/currencies\/pudgy-penguins\/\">price<\/a> of about $0.010, PENGU started seeing a recovery that allowed it to climb to a resistance at $0.014. The token has been trying to breach this level since Monday evening, and so far, it has suffered several rejections.<\/p>\n<p>Its Bollinger Bands have been moving between periods of sharp widening whenever the price sees a sharp surge or drop, followed by tightenings between these events. The Pudgy Penguins price itself has been fluctuating quite a bit, pushing both the upper and lower band in equal measure, but rarely finding stability between them.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-624173\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/IMG_6164.png\" alt=\"\" width=\"1794\" height=\"901\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/IMG_6164.png 1794w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/IMG_6164-300x151.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/IMG_6164-1024x514.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/IMG_6164-768x386.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/IMG_6164-1536x771.png 1536w\" sizes=\"(max-width: 1794px) 100vw, 1794px\"><\/p>\n<p>As for its Relative Strength Index (RSI), the metric has seen its value shoot up to the overbought zone on Monday after the price started a recovery, only to then drop to the oversold zone on early Tuesday as the level at $0.014 first rejected the price. Further attempts to breach this resistance have seen a similar surge of the RSI to the overbought zone, and then another crash to the oversold area, only for it to surge again.<\/p>\n<p>It appears that traders have been using this metric as their main guide regarding what to do, when to buy, and when to sell. However, right now, the RSI is growing once again after only dropping to the neutral zone at 50, which suggests that the price might be starting to stabilize.<\/p>\n<p>For the time being, it appears that the price is not planning on stepping away from the resistance at $0.014, but with the RSI growing from the value of 50 toward the overbought zone, it is possible that the token might finally breach this resistance later in the day.<\/p>\n<h2>Promising Alternative To Pudgy Penguins<\/h2>\n<p>While PENGU could finally overcome a major barrier soon, it is unlikely that it will see a surge without coins like Bitcoin leading a massive rally. This is why many investors who are seeking profits are turning to new crypto presales, like <a href=\"https:\/\/insidebitcoins.com\/visit\/memeindex\" rel=\"nofollow\">Meme Index (MEMEX)<\/a>.<\/p>\n<p>This is a project that introduced a new way for investors to diversify their meme coin investments. As the name suggests, the project created meme coin indexes &mdash; baskets of meme coins that allow users to easily diversify their meme coin portfolios by investing in indexes, instead of building their portfolios manually.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-623989\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/MEMEX-Tweet-14.png\" alt=\"MEMEX Tweet\" width=\"484\" height=\"591\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/MEMEX-Tweet-14.png 484w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/MEMEX-Tweet-14-246x300.png 246w\" sizes=\"(max-width: 484px) 100vw, 484px\"><\/p>\n<p>The indexes &mdash; known as Titan, Moonshot, MidCap, and Frenzy &mdash; come with different levels of risk, and the riskier you choose, the greater the potential reward, but also your losses if things go badly.<\/p>\n<p>To invest in any of these indexes, you will need to buy the project&rsquo;s native token, MEMEX, which is currently in presale. The ICO has seen a great amount of support, raising over $3.36 million within a few weeks while selling MEMEX for only $0.0159077. By holding MEMEX, you also get to participate in the governance process, which would let you vote on which tokens should be added or removed from each basket.<\/p>\n<p>If you decide to buy MEMEX, now would be the best time to do so, as experts like ClayBro, a crypto YouTuber with over 135k subscribers, believe that the token has 10x potential.<\/p>\n<p><iframe title=\"The Best Meme Coins Are All Included In Meme Index! Huge 10x Potential?!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/z1Ux6yDLm-U?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/memeindex\" rel=\"nofollow\">Buy MEMEX here before the next presale price increase in 43 hours to lock in the best deal.<\/a><\/p>\n<h3>Related Articles:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/top-meme-coins-and-utility-project-presales-to-watch-in-2025\">Top Meme Coins and Utility Project Presales to Watch in 2025<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/top-5-ai-meme-coins-to-watch-in-the-next-crypto-bull-run\">Top 5 AI Meme Coins to Watch in the Next Crypto Bull Run<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/most-viewed-cryptos-on-geckoterminal-to-watch-lux-token-robinhood-venice-token-toshi\">Most Viewed Cryptos on GeckoTerminal to Watch<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - Wall Street Pepe<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                  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href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1717,"featured_media":624316,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-624167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pudgy Penguins Price Up 8%, Is This The Next Meme Coin Play?<\/title>\n<meta name=\"description\" content=\"The Pudgy Penguins price surged 8% in the last 24 hours as this innovative crypto index enables diversified meme coin investing.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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