The PENGU token, linked to the Pudgy Penguins NFT project, has surged by 12% in the last 24 hours due to increasing bullish sentiment. This rise reflects the overall positive trend in the cryptocurrency market. The token's price chart indicates a rise in demand, hinting at a potential return to its previous peak of $0.055. With a trading volume spike of 86% surpassing $1 billion, the surge suggests genuine investor interest and market momentum. The current bullish momentum is supported by the Awesome Oscillator readings, showing a strong uptrend. If buying pressure continues, PENGU could surpass resistance levels and reach $0.044, aiming for its all-time high. However, a market downturn could reverse this trend, leading to a price drop to $0.035. This analysis serves as information and not financial advice, urging readers to conduct thorough research before investment decisions. Read more AI-generated news on: https://app.chaingpt.org/news