El PENGU se recupera tras la salida a bolsa de Uptbit y el aumento de las ventas de NFT

PENGU continuó su ascenso por segundo día consecutivo, tras asegurar su cotización en la bolsa de criptomonedas surcoreana Upbit.

PENGU Price & Market Highlights (as of May 9)

Price Surge: PENGU spiked over 23% intraday to reach $0.015, reflecting a 300% increase from its monthly low.

Trading Volume: 24-hour volume surged nearly 100% to $500 million.

Market Cap: Now sits at $972 million, just $28 million shy of the $1 billion mark.

Catalysts Behind the Rally

Exchange Listings:

Upbit (top-tier South Korean exchange) listed PENGU on its spot trading platform, sparking strong interest.

Bithumb announcement triggered increased activity in derivatives markets.

Derivatives Market Activity:

Open interest in PENGU futures jumped 30% in 24 hours to $136 million, per CoinGlass.

NFT Ecosystem Boost

NFT Sales Surge:

NFT sales rose 360% in 24 hours to $617,081 (Crypto Slam).

Pudgy Penguins became the 8th most popular NFT collection globally.

Sales count jumped 200%, and buyers increased 320%.

Macro Factors Supporting PENGU

Solana Meme Coin Boom:

Solana meme coin market cap rose 28.7% in 24 hours to $12.1 billion.

Bitcoin Breakout:

BTC crossed $100,000, its highest since February — reigniting bullish sentiment across the crypto market.

Technical Analysis (4H/USDT Chart)

Bullish Breakout: PENGU broke out of a descending parallel channel, signaling a bullish reversal pattern.

Momentum Indicators Support PENGU's Breakout

Momentum indicators are reinforcing PENGU's bullish setup. The Aroon Up is elevated at 92.86%, while the Aroon Down lags at 28.57% — a clear sign that buyers are in control.

Adding to the optimism, the Supertrend indicator has flipped green, underscoring the positive momentum.

With these signals aligned, PENGU appears poised to challenge the key psychological resistance at $0.021, a level it hasn’t breached since February. A successful breakout could pave the way toward $0.022, a former support-turned-resistance from January.

At the time of writing, PENGU was trading at $0.014, having pulled back slightly after earlier gains — a common occurrence as markets digest major developments ahead of their full realization.