PENGU Soars 25% Amid Pudgy Penguins NFT Surge

2025-05-08 12:37:09

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The Pudgy Penguins’ meme token, PENGU, has rallied over 25% in the past 24 hours, reaching $0.014 — its highest value since February 2025 — as investor interest in the project’s NFT collection continues to grow. This marks a strong recovery from its all-time low of $0.0037 recorded just a month ago on April 9.

PENGU has emerged as the top gainer among Solana-based meme coins in the past week, posting a 28.6% increase and cementing its place as a standout performer in the sector. Over the past month, the token has climbed more than 242%, earning it the seventh spot on the meme coin leaderboard with a market capitalization exceeding $883 million.

The surge in PENGU’s value appears closely tied to rising momentum in the Pudgy Penguins NFT market. CoinGecko data shows the floor price for the collection has climbed 3.5% in the last day to 12.10 ETH, and has soared 32.9% over the past month. Daily trading volume for the token has also spiked by 70%, reaching $317 million.

NFT sales data from Crypto Slam indicates a steady increase in buyer activity, with 24-hour sales jumping 8% to $180,233 and purchase count rising by 12% to nine transactions. Currently, the collection boasts 5,004 holders, with an average holding period of nearly 107 days — a signal of long-term investor confidence.

The synchronized rise of both the PENGU token and its associated NFT floor price highlights growing enthusiasm around Pudgy Penguins as a brand, positioning it as a leader in the meme coin and digital collectibles space.

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