Overview

• PENGU traded around $0.037 after an 11–12% intraday jump on September 18, lifting its market cap to roughly $2.3 billion.
• Bullish’s Q2 materials featured Pudgy Penguins, citing Walmart toy sales and the Pudgy Party mobile game, alongside a multi‑product agreement with Igloo.
• Pudgy Penguins NFT sales climbed about 140% over 24 hours as both buyers and sellers increased sharply, echoing the token’s move.
• Trading conditions strengthened with daily volume up 87%, futures open interest up 21%, and a positive funding rate maintained for 13 straight days.
• Forecasts skew positive, with a near‑term price target around $0.045 and some analysts eyeing $0.065–$0.11, while Myriad places ~67% odds on $0.05 and just 8.4% on an ETF approval before October.