Overview

• Pudgy Penguins secured back-to-back listings on Bitstamp by Robinhood and Arkham Exchange, expanding access for retail and institutional traders.
• PENGU is consolidating in a tight $0.030–$0.038 range, with the $0.033–$0.035 zone acting as firm support since its Robinhood debut.
• On-chain data shows $2.10 million of PENGU outflows from exchanges in 24 hours alongside whale holdings at a three-month high, signaling large-holder accumulation.
• Analysts point to a bullish flag and falling-wedge breakouts that could propel PENGU toward near-term targets of $0.046 and longer-term resistance around $0.11.
• Canary Capital’s proposed PENGU ETF is under review by the U.S. Securities and Exchange Commission, underscoring efforts to integrate the meme coin into traditional markets.