Pudgy Penguins (PENGU) has experienced a sharp decline, losing nearly 72% of its value.
Market capitalization has plummeted from an initial $5 billion to approximately $681 million, raising concerns about the future of this meme coin. Given this downturn, many investors are questioning whether PENGU is finished or if it presents a prime buying opportunity.
The broader cryptocurrency market has been under pressure, with Bitcoin struggling at $96,000 and Ethereum also experiencing declines.
Market-wide corrections have impacted not just major cryptocurrencies but also leading meme coins, which have dropped between 25% and 60% in the past week. Given these conditions, PENGU’s price dip aligns with broader market trends rather than being an isolated event.
Despite its recent losses, PENGU was anticipated to be a top meme coin for this bull run. This raises the question: Can it make a strong recovery?
Pudgy Penguins (PENGU) Price Prediction
PENGU recently concluded its airdrop claim period, burning all unclaimed tokens and reducing the total supply by approximately 13.69%.
This burn permanently removed over 12 billion tokens, valued at around $100 million, from circulation. Large-scale burns like this often support long-term price stability and potential upward momentum by decreasing supply.
Despite the price drop, Pudgy Penguins continues to strengthen its ecosystem through strategic moves. PENGU secured collaborations with prominent brands, including PEZ, a well-known candy company. It also partnered with a popular South Korean brand, expanding its reach in the Asian market.
A new gaming initiative is underway, increasing PENGU’s utility and engagement. Pudgy Penguins will also make a major appearance at NFT Paris, further establishing its presence in the digital collectibles space.
Although PENGU has dropped 72%, it remains up 117% since its listing on CoinMarketCap. Strategic partnerships, community engagement, and large-scale token burns indicate that the project still holds long-term potential. If the broader market stabilizes, PENGU could be positioned for a recovery.
The current dip may offer a buying opportunity, particularly for investors who see value in meme coins with strong ecosystems. While short-term uncertainty remains, PENGU’s roadmap and recent developments suggest continued growth in upcoming market cycles.
New Meme Coin To Watch: Wall Street Pepe (WEPE)
Wall Street Pepe (WEPE) is almost out of time at its lowest presale price, with just a week left before it hits exchanges. The token has already raised $70 million, drawing strong investor interest. It is set to debut on IEO on February 16, and more buyers are rushing in to grab last-minute gains.
This is the last chance to buy $WEPE at the presale price of $0.0003665. The process is simple—buyers can use ETH, USDT, BNB, or a bank card. A partnership with Best Wallet also makes it easier for users of that app. To learn more about how to buy Wall Street Pepe tokens , check out our detailed guide.
Once the presale ends, token holders can claim their $WEPE, and trading will begin. The plan is to launch first on a DEX, with CEX listings likely if all goes well. If you want to see what the future holds for Wall Street Pepe, you can check our $WEPE price prediction guide.
Wall Street Pepe is more than just another meme coin. While it embraces the “degen” culture with inspiration from Pepe and The Wolf of Wall Street, it has a real purpose.
It helps everyday traders compete with whales—big investors who manipulate the market. The project offers exclusive trading insights, early tips on promising tokens, and a private community for strategy sharing. Think of it as a social trading group for meme coin investors.
Beyond the WEPE Army community, it also offers staking rewards of around 18% per year, setting it apart from meme coins that rely only on hype. So far, more than 45 billion $WEPE tokens have been staked.
Most meme coins are purely speculative, but Wall Street Pepe brings real value. By blending meme culture with trading tools and staking, it stands out. With just a week left before launch, investors are watching closely. For those looking to participate in the Wall Street Pepe presale, head over to wallstreetpepe.com .
Related
- Wall Street Pepe Presale Hits $71 Million – Is $WEPE the Next 10X Crypto?
- FOMO Kicks In as Wall Street Pepe’s $72.7M Presale Signals a Strong Launch Ahead
- Investors Foresee Major Breakout for Wall Street Pepe as Presale Exceeds $70 Million
