Pudgy Penguins (PENGU) Soars 142% – Memecoin Market Buzz Fuels Price Surge

The cryptocurrency memecoin, Pudgy Penguins (PENGU), has experienced a dramatic price surge, rising over 142% in just 30 days. This impressive growth is attributed to increased trading volume and investor sentiment, which has fueled the token’s ascent to $0.01175 as of May 2025. The recent gains come on the heels of a week-long rally that saw PENGU surge by 19%. Despite some price retracements, PENGU continues to attract traders with daily trading volume exceeding $250 million. This high activity is evident in the increasing Open Interest, currently reaching $77.95 million, indicating active participation in the market.