Pudgy Penguins Bounce Back: Altcoin Sherpa Targets Scalps Amidst 80% Dip

Pudgy Penguins ($PENGU), the Solana-based token from the popular NFT collection, has seen a notable resurgence. After experiencing an 80% drawdown since its launch in December 2024, the cryptocurrency surged over the past day to reach $0.0117. This rise is fueled by renewed meme coin enthusiasm and community support. Analyst Altcoin Sherpa highlights the token’s resilience and potential for further gains, even after a steep decline.