PENGU Debuts on Hyperliquid PerpetualsPENGU, the recently launched meme token tied to the iconic Pudgy Penguins brand, is now live for trading on
Tech
PENGU Launches on Hyperliquid After 100% Rally – Whats Next for the Pudgy Penguins Token?
PENGU, the recently launched meme token tied to the iconic Pudgy Penguins brand, is now live for trading on @HyperliquidX, a decentralized perpetuals exchange gaining traction among crypto traders. The tokens listing expands its reach into derivatives markets, marking a significant milestone in its early lifecycle.
Powered by LayerZero for cross-chain interoperability, PENGU integrates seamlessly with the broader Web3 ecosystem. This technical backbone gives it an edge compared to typical meme tokens, adding real utility and ecosystem integration beyond hype.
PENGU Price Surge: 100% Weekly Rally
Over the past 7 days, $PENGU surged nearly +100%, showing strong momentum and community-driven support. Despite a slight correction over the last 24 hours, the overall trend remains bullish, with traders keeping a close eye on key support zones.
According to the charts, the rally was supported by increased volume and speculative interest, largely driven by the Pudgy Penguins ecosystem, which has continued to build strong brand equity in both Web3 and mainstream retail.
By TradingView – PENGUUSD_2025-07-15 (1M)
Why PENGU Matters
PENGU isn‘t just another meme coin. It’s:
Its success reflects the growing trend of NFTs evolving into broader ecosystems with native tokens, expanding their value beyond simple collectibles.
Outlook: Can PENGU Sustain the Momentum?
While early gains are impressive, the challenge for PENGU will be sustaining investor interest and expanding its use cases. The Hyperliquid listing could fuel continued speculation, especially if additional integrations or utility updates are announced.
Technical analysts now watch the support level around its recent breakout zone. A bounce from this level could signal another wave up, potentially breaking new highs if bullish sentiment continues.
PENGU‘s explosive debut on Hyperliquid shows that meme coins with real branding and utility can still thrive in 2025’s competitive crypto landscape. With LayerZero‘s tech and Pudgy Penguins’ viral appeal, PENGU might just become one of the standout tokens of the year.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
0.00