{"id":4413,"date":"2025-06-29T12:33:23","date_gmt":"2025-06-29T12:33:23","guid":{"rendered":"https:\/\/bitunikey.com\/news\/pengu-price-jumps-as-pudgy-penguins-nft-sales-whale-buying-soar\/"},"modified":"2025-06-29T12:33:26","modified_gmt":"2025-06-29T12:33:26","slug":"pengu-price-jumps-as-pudgy-penguins-nft-sales-whale-buying-soar","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/pengu-price-jumps-as-pudgy-penguins-nft-sales-whale-buying-soar\/","title":{"rendered":"PENGU price jumps as Pudgy Penguins NFT sales, whale buying soar"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Pudgy Penguins token has rebounded in the past few days after crossing a crucial resistance level and as its NFT sales rose.<\/p>\n<p>Pudgy Penguins (PENGU) price rose to a high of $0.01450 on Saturday, June 28, its highest level since May 23. It has jumped by 52% from its lowest point last week and 232% above its lowest point this year.<\/p>\n<p>PENGU token jumped as third-party data showed that Pudgy Penguins\u2019 non-fungible token sales bounced back in the past seven days. Data compiled by <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cryptoslam.io\/pudgy-penguins\" target=\"_blank\">CryptoSlam<\/a> revealed that these sales jumped by 38% to $1.5 million.\u00a0<\/p>\n<p>There were 68 transactions, up by 36% from the previous week. Similarly, the number of buyers and sellers rose by 48% and 32%, respectively.\u00a0<\/p>\n<p>Pudgy Penguins ranked as the tenth most popular NFT collection in this period. It was overtaken by other collections like CryptoPunks, PGNFT, STRAT Option, and Gods Unchained.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Additional data indicates that its monthly sales decreased by 33% to $5.6 million, resulting in an all-time volume of over $636 million.\u00a0<\/p>\n<p>PENGU price also jumped as whales and public figures bought during the recent dip, and exchange outflows rose. These public figures hold 301.7 million tokens, a 5.6% increase in the last 30 days. Whales hold 1.89 billion tokens, a 13% monthly increase, a sgn that they expect the price to keep rising.\u00a0<\/p>\n<p>PENGU price also jumped as the supply of these tokens plunged to 14.7 billion, down from 15.6 billion on June 12. A drop in exchange reserves is bullish for an asset because it is a sign that investors are not selling their tokens.<\/p>\n<h2 class=\"wp-block-heading\">PENGU price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14392749\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">Pudgy Penguins price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily chart indicates that the PENGU price has rebounded over the past few days. This rebound happened after it formed a descending channel, which coincided with the higher highs and lower highs since May 14.<\/p>\n<p>It has moved above the channel\u2019s upper side and the 25-period Exponential Moving Average. The Percentage Price Oscillator has moved above the zero line, a sign that it is gaining momentum.<\/p>\n<p>Therefore, the token will likely continue rising as bulls target the next key resistance level at $0.01742, the highest point on May 12. A drop below the support at $0.100 will invalidate the bullish forecast.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pudgy Penguins token has rebounded in the past few days after crossing a crucial resistance level and as its NFT sales rose. Pudgy Penguins (PENGU) price rose to a high&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2266,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=4413"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4413\/revisions"}],"predecessor-version":[{"id":4414,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4413\/revisions\/4414"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2266"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=4413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=4413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=4413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}