PENGU Token Could Hit $10B Market Cap 🚀
PENGU token, a Solana memecoin, is the market’s new trendsetter, achieving an 800% rally after launch. More importantly, it is still maintaining a major surge despite the market fluctuations that failed to influence its market positioning and demand. Few investors believe that the PENGU market cap can hit $10B, and here is why.
📈Why PENGU Token’s Market Cap Can Hit $10B?
PENGU’s price surged greatly right after launch but dropped in the last 24 hours amid the crypto market crash, but Leshka.eth claims that the PENGU market cap can hit $10B in just a matter of time. She pointed out the success of the Pudgy Penguin airdrop, as 70-72% of the airdrop got claimed within 24 hours, showing high interest from the investors. Although the meme coin has dropped on the charts amidst the selling pressure, it has maintained its stand, keeping it closer to the $2B market cap.
🎯Analyzing PENGU Token’s Growth & Future Potential
Pudgy Penguin (PENGU) entered the crypto market with a Binance listing, which fueled its demand. However, the investors were already hyped for this even before its launch, as it is the native token of a popular NFT platform. This outcome of the hype was the PENGU’s 800% price surge.
As the volatility settles around the token, prominent analysts’ PENGU price prediction hints at a further rally. Additionally, the possible altcoin season hitting the market in early January could influence the token higher. However, there is still uncertainty, as many similar NFT project tokens struggled in the broader market. For now, analysts like Leshka.eth believe in the Pudgy Penguin token’s potential, and that it will achieve a market cap of $10B.