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PENGU token jumps 60% in a week on strong retail brand growth and trading surge

Market News
25 Aug 2026
Blockonomi
View Source
Bullish
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The Pudgy Penguins (PENGU) token surged over 60% in the past week, driven by a sharp increase in trading volume and expanding retail presence. Daily trading volume rose by more than 300%, reaching up to $666 million, while open interest climbed nearly 26%. Key factors include a $500,000 promotional campaign by LBank and a licensing deal expanding product distribution through major retailers like Target and Walmart. The brand aims for $50 million revenue this year and plans a public market debut in 2027, supported by strong community engagement and tangible products. Technical indicators show solid support at $0.0080–$0.0085, with resistance near $0.0100–$0.0105, suggesting potential for further gains.

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