In spite of the non-fungible token (NFT) hype completely drying out, some blue-chip NFT projects remain intact & thriving further. Pudgy Penguins (PENGU), has caught the eye of Ali Martinez, a popular market watcher, who’s now comparing this penguin-themed meme coin to Pepe Token (PEPE).
How PEPE & PENGU Compete For Attention
Flipping past several notable names in the meme coin department already, Pudge Penguins (PENGU) is now the 6th largest memecoin. Flipping past Floki Token (FLOKI) & Solana’s smash hits Dog Wif Hat (WIF) & Fartcoin (FARTCOIN), PENGU crypto whipped up 85.9% gains in 7 days amid an uncanny exchange-traded fund (ETF) pitch.
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Meanwhile, Pepe Token (PEPE) leapfrogged to $0.00001314, claiming a fresh 30-day peak. Despite lacking fundamentals or any official licensing behind it, PEPE The Frog enjoys a high life on-chain, supported by a crypto community of multiple millions.
So, while PENGU’s price resembles that of Pepe Token (PEPE), there’s still a clear difference between the two popular meme coins. While both are garnering exquisite trading volumes, Pudgy Penguins is an officially trademarked brand, setting up shop in various mainstream avenues. For one, Pudgy Penguins snagged $13 million for toy sales.
Pudgy Penguins Taking Dogecoin’s Spot?
These licensed plush toys were sold separately in big chain supermarkets like Walmart & Target. Moreover, some of these penguin toys were paired with Pudgy Penguins NFT purchases, so the real-life adoption can be easily compared to that of Dogecoin’s, another easily recognizable crypto project that’s often dubbed as Elon Musk’s favorite crypto currency.
Now, a push towards $0.042 – $0.05 could be next in line for PENGU’s price. For that to happen, Pudgy Penguins (PENGU) have to stay above the $0.032 threshold, representing the high-tier Bollinger Band (BOLL), pictured in red color. With the large holder inflows still on the bullish side, PENGU is nearing a $2 billion market cap while still being 58% away from ATH.
On The Flipside
- Overbought signals on the Relative Strength Index (RSI) increase the chance of a market correction.
Why This Matters
The U.S. Securities and Exchange Commission (SEC) could accelerate the retail adoption of this crypto brand even further, while a meme coin-based ETF would be unprecedented.
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People Also Ask:
PENGU is the Solana-based memecoin tied to the Pudgy Penguins NFT ecosystem, supporting games, merchandise, and NFT interactions. It has a market cap over $1.33B as of July 2025.
PENGU’s price jumped due to the SEC acknowledging Canary Capital’s Spot PENGU ETF filing on July 10, 2025, alongside endorsements like Justin Sun’s viral post and Coinbase’s avatar change.
The proposed ETF allocates 80-95% to PENGU tokens, 5-15% to Pudgy Penguins NFTs, and small portions to SOL and ETH, aiming to be the first memecoin-NFT hybrid fund.
Unlike PEPE, PENGU is backed by real-world revenue (e.g., $13M from toy sales at Walmart/Target) and a strong brand, making it a more robust memecoin.
Analysts predict PENGU could hit $0.060 by August 2025, with potential for over 100% gains if the ETF is approved, driven by strong community and institutional interest.
