114 % in a single month? what’s driving THE meteoric rise of $PENGU ? @pudgypenguins official token is exploding in popularity, and here’s what you need to know 🧵

2/ bullish signals: – price up 114 % in 30 days and 246 % in 60 days – over 568k SOL wallets now hold $PENGU, adding 3k new holders in just 3 days – over 200k @AbstractChain wallets now hold $PENGU as well – whale inflows of $3.76m show big players are in – listed on @binance, @MEXC_Official and more, with a market cap near $2.1b

3/ bearish / cautionary: - team wallets sent 206.9 m $pengu ($8.9 M) to exchanges in one day, and over 2b tokens ($66.6m) in a month, which could pose potential sell pressure – scam alert: attackers are sending dust $pengu tokens with fake vanity addresses; clicking them can drain your – short‑term price is still volatile, with –6 % daily, –13 % weekly moves

4/ current support around $0.035; next bullish target is $0.051 (36 % upside). if support breaks, bears could push $PENGU down to $0.027. the fully diluted supply is 88.8b, so watch dilution risk

5/ CEO @LucaNetz, also leading @AbstractChain, is driving pudgy penguins to become the ‘next mickey mouse’ of web3. with a focus on brand growth beyond nfts, luca is pushing for a broader consumer adoption through strategic investments, community engagement, and physical product lines. he's building an iconic brand in both the digital and physical worlds.

6/ pengu shows how a strong brand and community can drive a meme coin into the mainstream. momentum and on‑chain growth are bullish, but be wary of team‑wallet selling, scams and volatility. always dyor

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