Pudgy Penguins Price Prediction: Traders Flip Bullish On PENGU, $1 This Year?

There is a growing consensus among experts that Pudgy Penguins (PENGU) will be one of the top-performing coins when the bull run resumes.

Top analyst Ali Martinez is already predicting a 30% rally in PENGU, expecting a breakout from a right-angle triangle in the hourly timeframe, a considerably bullish signal. Martinez anticipates that the token will make a double bottom near the $0.020 level, followed by an upside move to $0.027. 

Bulls are still holding out hope for a run to $1 before the year ends, though a 50x move this cycle seems far-fetched at best, even with a spot PENGU ETF approval. 

Pudgy Penguins isn’t the only Solana meme coin that is poised for an explosive breakout. SNORT, the native token of the Snorter trading bot, is going viral just days ahead of its launch. 

The Snorter token has already raised over $5.3 million in its ICO and is being viewed by experts as a potential 10x play. 

Pudgy Penguins Price Prediction: How High Can PENGU Go?

Pudgy Penguins has already established itself as one of the winners of this bull cycle, turning several small-scale retailers into millionaires. 

The Solana meme coin still has plenty of upcoming bullish developments. For instance, the Canary Capital Group has filed for a spot PENGU ETF. 

With the U.S. Securities and Exchange Commission having approved generic listing standards, the Canary PENGU ETF is expected to hit the market soon.

Analysts widely anticipate modest inflows into spot altcoin ETFs; however, Pudgy Penguins may defy that expectation due to its extensive global brand awareness. Even Bloomberg Technology commentators quipped in a recent segment, “Who doesn’t have a Pudgy Penguin?”

Considering that PENGU is one of the biggest Solana meme coins and a beta play on SOL, even the upcoming launch of spot SOL ETFs would provide a massive boost. 

Unsurprisingly, prominent analysts are flipping bullish on Pudgy Penguins, both in the short and the long term. 

For instance, Kaleo has boldly proclaimed that PENGU below its current all-time high is “basically free”. He projects that the meme coin will break out of a descending parallel triangle and hit a new all-time high before year-end. 

In the long term, he predicts that the Pudgy Penguin price will hit $0.16, where it would have a $10 billion valuation, and $1, where it would surpass Dogecoin’s all-time high market cap. 

With its OBV at a key support level and a hidden bullish divergence in the daily timeframe, it wouldn’t be surprising if PENGU starts a new uptrend imminently. 

Snorter Token Tipped as The Next 10x Crypto

Solana meme coins aren’t going out of fashion anytime soon. While coins like Pudgy Penguins, Bonk and Dogwifhat have limited upside due to high market cap, low-cap gems like Snorter can deliver outsized returns. 

The Snorter bot is the fastest Telegram-native crypto trading bot, designed to give everyday traders the same level of automation, speed and execution that whales rely on. 

At its core, Snorter is the fastest Solana sniper bot, with support for Ethereum and EVM-compatible chains in the pipeline. 

Its core sniper feature watches for liquidity and executes buy orders the instant a launch or pool goes live, letting users paste a token or pool address and remove the need for split-second manual timing. 

The bot pairs that speed with copy-trading, staking and a private RPC network to reduce latency and slippage, and it offers MEV protections to help level the playing field against front-running whales.

Indeed, the bot also safeguards users from malicious attacks. It features real-time honeypot and rug-pull detection to flag malicious or illiquid tokens before execution, while private Solana RPC nodes with built-in MEV protection shield users from frontrunning and sandwich attacks that often plague meme-coin launches.

Unsurprisingly, SNORT offers massive benefits from within the ecosystem, including a reduced 0.85% trading fee, which makes Snorter the cheapest sniper bot on the market. 

The Snorter token has already raised over $5.3 million in its ICO behind strong whale demand, and many top analysts are backing it as the next 10x crypto. However, with the presale ending in less than 5 days, sidelined investors have a small window to buy SNORT at a discounted price.