PENGU, the native token of the Pudgy Penguins NFT ecosystem, is drawing attention from investors and market observers following a bullish formation identified by market analyst Ali Martinez. This bullish setup indicates that the meme coin could be getting ready for a significant market momentum. According to data reported today by Ali, PENGU has broken out of a bullish flag pattern, a technical formation that could catapult the asset to the $0.076 region. This market establishment signals a potential upcoming price surge for PENGU, a renewed upward movement that emerges after the asset went through a significant consolidation phase.
Technical Formation Signal Major Upside for PENGU
PENGU is attracting interest in the virtual currency market after it broke out of a consolidation period that made the meme coin move in sideways trajectories for multiple weeks. Based on the weekly trading chart, the asset started experiencing consolidation from July 22, 2025, until September 8, when it broke out of this bearish market structure. The setup of the bullish flag pattern signals a robust upside potential and buying pressure after the bullish breakout of the corrective momentum.
With this bull flag pattern, PENGU, which currently trades at $0.03629, is set to witness a potential uptrend up to $0.076, according to Ali’s optimistic prediction. The analyst highlighted some of the catalysts for this upsurge, including PENGU ETF trading potential, Asia expansion, millions of toy sales, and Pudgy Party on Google and Apple’s app store.
The Pudgy Penguins-themed meme coin gains momentum as Canary Capital’s PENGU ETF filing is under review by the US SEC. The ETF application is the latest in a multitude of filings for new US investment products tied to spot cryptocurrencies, including altcoins like SOL, XRP, and DOGE.
PENGU is witnessing robust expansion in Asia, giving it the nickname “Asia’s DOGE.” In the Asian market, especially in China and South Korea, the meme coin’s adoption continues to experience significant growth. PENGU has evolved into a cultural icon, supported by increased user acceptability of the Pudgy Penguins NFT and its trade potential.
Another aspect that helps PENGU to see traction is its embrace of real-world applications. With over 1 million Pudgy Toys sold, the asset’s RWA utility has so far generated more than $13 million in retail sales both in major retailers (like Walmart) and online stores like Google and Apple’s app store. Traditionally, crypto assets with both speculative investment capability and real-world offering sales experience greater stability during volatility.
PENGU Price Analysis
PENGU currently trades at $0.03644, representing an increase of 2.2% and 26.3% over yesterday and the past week, respectively, indicating renewed trading activity and buyer interest. Over the past week, the asset’s price registered resurgent upward momentum following the international rollout of the Pudgy Party game on mobile apps, including Google Play Store and Apple App Store, and several strategic advancements. The adoption rate is explosive as downloads of these games have so far surpassed 500,000.
On Wednesday this week, the Pudgy Penguins made a strategic partnership with Sharps Technology, a publicly listed Solana treasury firm, to boost the digital asset exposure and connect the NFT with the Solana digital asset treasury market.
