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PENGU meme coin jumps 8% after listing on SoFi amid memecoin market slump

Market News
21 Oct 2026
Dailycoin
View Source
Bullish
PENGU meme coin jumps 8% after listing on SoFi amid memecoin market slump

PENGU, the penguin-themed meme coin, gained 8.9% following its new listing on SoFi, a US-based online bank with nearly 16 million users. This listing expands PENGU's reach to a more traditional retail audience during a period when the broader memecoin sector has lost over $108 billion in value. While the listing boosts visibility and liquidity, PENGU's recovery depends on broader market stabilization and improved trading conditions. The listing could act as a catalyst, but sustained gains require a wider market rebound.

PENGU trades at Rp149 on Pluang, showing a 4.10% gain as of Oct 22, 2026 01:02 WIB, slightly below the 8.9% rise reported after its SoFi listing. The meme coin holds a market cap of Rp9.37 trillion with a 24-hour trading volume of Rp2.13 trillion. Despite the recent boost in visibility from the SoFi listing, Pluang data shows a majority of sell orders at 73%, indicating cautious trading sentiment among users.

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Pudgy Penguins' PENGU token now tradable on SoFi, sparking potential price rally.

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Pudgy Penguins (PENGU) trades below key averages with a potential $0.013 target if bullish pattern holds.

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The Pudgy Penguins token (PENGU) has triggered a new buy signal on the daily chart via the TD Sequential indicator, suggesting a potential 70% price increase toward $0.013. Analyst Ali Charts highlighted that previous buy signals from this tool led t...

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