Pudgy Penguins’ Momentum Continues as Market Rebounds and Institutional Support Grows

The cryptocurrency market has seen a surge in activity, with the $PENGU token experiencing significant growth. Trading volume for $PENGU surged, driven by both increasing institutional investment and robust user engagement. Analysts attribute this rise to expanding DeFi applications and growing interest from institutions. This upward trend is further supported by technical analysis showing a potential bullish reversal as indicated by Heikin Ashi charts.