#PENGU is trading around ~$0.011 – 0.012 USD per token, with a drop in the last 24 hours and typical memecoin volatility. Its market capitalization is around hundreds of millions and the daily trading volume is high, although the recent trend has been bearish in price. The token originated from the Pudgy Penguins NFT community and remains popular among altcoin traders. Analysts see potential if it breaks key technical levels, but also warn of risk due to its speculative nature and rapid price movements.