Analyst Says PENGU Could Soon Rival Dogecoin After Major Exchange Listing

Jakarta, Pintu News – A crypto expert recently predicted that the price of PENGU will soar close to the price of Dogecoin , with a target increase of 70%.

This prediction comes after the announcement of the listing of Pudgy Penguins by major crypto exchange, Robinhood.

Expert Predicts Pudgy Penguins Will Beat Dogecoin

In a recent post on the X platform, a crypto expert named Olking predicted that the price of the PENGU token will surge and could match the price level of DOGE. This prediction comes after Robinhood officially announced the listing of PENGU on their platform.

Read also: AMINA Bank Launches World’s First SUI Trading Service — Is SUI Now Targeting the $5 Mark?

According to Olking, this listing opens up opportunities for retail investors to share in Pudgy Penguins’ viral success without having to purchase expensive NFTs.

“Classic breakout is forming. Target at $0.12, then we go after DOGE,” Olking wrote, hinting at a continued uptrend for PENGU.

Robinhood announced the listing of PENGU alongside several other popular tokens such as Bonk , Peanut the Squirrel , and Stellar . Although the initial market reaction was fairly flat, analysts believe that PENGU has an advantage over other tokens due to the project’s strong foundation.

Another analyst known as Trader Theory has also highlighted the value of PENGU as an alternative for investors looking to benefit from the overall success of the Pudgy Penguins brand.

As NFTs are increasingly expensive and exclusive, PENGU gives token holders the opportunity to share in the brand’s growth without having to enter the NFT market.

With Pudgy Penguins’ increasing presence in the real world, many believe that the PENGU price could potentially follow in the footsteps of DOGE – from an internet meme to a billion-dollar asset.

Whale Activity and Community Engagement Drive PENGU Price Spike

On-chain data shows that large investors or whales have increased their holdings significantly, reaching a three-month peak of 14 billion tokens in total as of August 5.

Read also: Altcoin Season 2025 Over? Ethereum and Bitcoin Charts Show Danger Signs!

This increase comes at a time when the PENGU price had dropped from $0.04 to $0.03, indicating that whales are buying when the price drops with the expectation that it will rise again.

In addition, Cboe recently filed a form 19b-4 to list the PENGU ETF through Canary, which further strengthens the bullish momentum.

If approved, this would further legitimize the token and open it up to traditional financial markets, similar to ongoing efforts to create regulated products for Dogecoin (DOGE) and other major cryptocurrencies.

Tokenomics and Strong Community Support

More than just trading metrics, PENGU’s community engagement is impressive. The token’s official account states that they now get an average of 908 million daily views on X, with a target of reaching one billion.

This figure has tripled in the past three months, reflecting growing interest from large investors and the public. As of August 5, PENGU had more than 567,000 unique holders, indicating strong demand from everyday investors and large institutions.

The buy-and-burn system of the PSG1 console also contributed, by systematically reducing the token supply. With strong inflows, $11.87 million from whale entries, only outpaced by BONK, PENGU’s tokenomics are looking increasingly favorable.

Overall, many analysts argue that PENGU’s price action has the fundamentals and brand strength to sustain a strong uptrend, although comparisons to Dogecoin (DOGE) seem ambitious.

With strong support from the community and major investors, as well as innovation in financial products, PENGU has the potential to become a key player in the crypto market.

That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Expert Predicts Pengu Price to Flip Doge Amid Robinhood Listing. Accessed on August 7, 2025