As per Cryptonewsland, PENGU dropped sharply from $0.045 to $0.023 between July and October 2025 due to economic pressure and small-cap market weakness. The decline was exacerbated by aggressive Federal Reserve rate hikes and a $19 billion liquidity crunch in October 2025. Despite the fall, technical indicators like OBV and MACD have turned bullish, and daily volume reached $202 million, suggesting growing interest. A double bottom pattern has formed, pointing to a potential short-term move near $0.01175. The Pudgy Penguins ecosystem continues to expand into gaming and real-world partnerships, while regulatory risks and USDT reliance remain key concerns.
PENGU Price Drops Amid Economic Pressure and Market Weakness
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