Pudgy Penguins (PENGU) is off to a great start to the week, jumping another 16% as its momentum builds.
With a market cap of over $2.8 billion, some traders believe PENGU could soon reach the $0.10 mark.
Meanwhile, Flockerz (FLOCK), a new bird-themed meme coin, is making its own headlines: raising nearly $9 million in its token pre-sale phase.
The Rapid Rise of PENGU: How Chubby Penguins Are Shaping the Coin Market Meme
In just one month, PROMISES It has established itself as one of the most important meme currencies in the world.
Born from the popular Pudgy Penguins nft collection, this token is currently making headlines due to its impressive price action.
PENGU's latest rally took it to $0.045, capping a great start to 2025.
Since December 31, the token has skyrocketed 54%, attracting interest from both retail and <a target="_blank" href="https://x.com/lookonchain/status/1872134765060739231″ data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>crypto whales.
However, despite that rise, PENGU is still 20% below its all-time high, leaving room for potential gains.
So why all the fuss?
It appears that Pudgy Penguins has grown far beyond its nft origins, establishing partnerships with big names like Walmart and Target.
The brand's social networks continue to explode, with the<a target="_blank" href="https://x.com/pudgypenguins” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”> official x page (formerly twitter) now with more than 606,000 followers.
On top of that, there are rumors that Coinbase might list PENGU.
This has given traders many reasons to watch this trending meme coin.
Can PENGU reach $0.10? Breaking down the token's potential trajectory
Could PENGU really continue to rise to $0.10?
It's an audacious goal, but the current momentum doesn't make it seem impossible.
To get there, the token would have to rise another 118% from its current level, surpassing its all-time high of $0.057 and raising its market capitalization to around $6.28 billion.
To put it in perspective, there would still be $2.4 billion left to reach PEPE's market capitalization.
Given the hype around the Pudgy Penguins ecosystem, a race like that doesn't seem too far-fetched.
<blockquote class="twitter-tweet”>
<a target="_blank" href="https://twitter.com/search?q=%24PENGU&src=ctag&ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>$HOSTAGE looking good for a mega escape. https://t.co/0n7wXSab8q pic.twitter.com/eDz2qJ6PET
– Pepper (@CryptopepperP) <a target="_blank" href="https://twitter.com/CryptopepperP/status/1876222490135216433?ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>January 6, 2025
Furthermore, on the technical side, the PENGU chart looks bullish.
The token's uptrend on the 4-hour time frame remains intact, with the price recovering from the 50-period EMA over the weekend.
Excitement is also growing online.
Popular cryptocurrency trader<a target="_blank" href="https://x.com/CryptopepperP/status/1876222490135216433″ data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”> Pepper has weighed in, calling PENGU a candidate for a “mega breakout.”
So, with strong chart patterns, growing brand recognition, and increasing attention from influencers, $0.10 will certainly be within reach of Pudgy Penguins soon.
Could Flockerz be the next viral bird meme coin? FLOCK token pre-sale approaches $9 million
The rise of PENGU could mark a shift in the meme coin space, opening the door to the success of bird-themed tokens.
For years, cats, dogs and frogs have dominated the space, leaving little room for other subjects.
However, when loopholes exist, cryptocurrency creators often see opportunities.
That's where flockerz come in.
<blockquote class="twitter-tweet”>
Are we talking to ourselves here?
With <a target="_blank" href="https://twitter.com/search?q=%24FLOCK&src=ctag&ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>$FLOCK you can vote and win pic.twitter.com/1o6AKYL0QT
—Flockerz (@FlockerzToken) <a target="_blank" href="https://twitter.com/FlockerzToken/status/1875920239931937226?ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>January 5, 2025
This new meme coin is already going viral, raising almost $9 million in its token pre-sale phase.
Unlike PENGU's nft-focused ecosystem,<a target="_blank" href="https://x.com/FlockerzToken/status/1875920239931937226″ data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”> flockerz is leaning into governance with its “Vote-to-Earn” model and Flocktopia DAO.
The idea is simple: token holders actively participate in setting the direction of the project and are rewarded for their contributions.
Rewards are paid in FLOCK, Flockerz's native ERC-20 token.
With only 16 days left in pre-sale, the project telegram channel Members are already waiting for the market debut of the token.
Right now, FLOCK tokens are priced at $0.0066351 each, and early backers can even bet your chips to get more rewards.
YouTuber NASS CRYPTOGRAMwhich has more than a million subscribers, called the project “innovative.”
Of course, as with any pre-sale cryptocurrency, the true test will be its performance after launch.
But if Flockerz can capitalize on the growing interest in bird-themed meme coins, it could explode like Pudgy Penguins.
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