Pudgy Penguins

Today's state: Pudgy Penguins is trading at $0.009474 with a $0.6 billion market capitalization (rank #105). The price moved -5.62% over the past 24 hours and is -2.00% over 7 days; the 30-day move stands at +46.40% and the 90-day at +57.58%.

Position vs cycle: Sitting more than 70% under its prior cycle high, the asset is deep in post-peak drawdown territory — a zone associated with late-stage bear phases or a permanent downward re-rating.

Volatility and structure: 30-day realized volatility of 95.9% annualized is high for an asset this size. Our composite multi-horizon Price Strength reads Neutral (44/100), with the timeframes pulling in different directions and no clean directional read.

Beyond Bitcoin, PENGU's 90-day return correlations to the other two largest layer-1 references help characterize whether the asset moves as part of a crypto-market beta complex or as something more idiosyncratic. The Pearson correlations across daily log returns:

• Bitcoin reference: +0.69 — a strong positive relationship.
• Ethereum reference: +0.62 — a strong positive relationship.
• Solana reference: +0.67 — a strong positive relationship.

High correlation across several references usually means the asset is mostly crypto-market beta: when BTC, ETH and SOL move, it moves too, and independent alpha is hard to find. Low or negative readings point to its own drivers — project-specific news, intra-crypto sector rotation or narrative shifts — that can decouple it from the broad market.

Pudgy Penguins (PENGU) is a cryptocurrency, traded on global digital-asset markets. It trades at $0.009474 as of the latest update, with a 24-hour move down 5.62%, placing it at rank #103 by market capitalisation among all listed digital assets. Pudgy Penguins's current market cap stands at $595.54M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Pudgy Penguins across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Pudgy Penguins (PENGU) is a cryptocurrency traded on global digital-asset markets. Its specific role depends on the protocol and ecosystem built around it — the data and market sections on this page describe what can be measured directly from on-chain and exchange activity.

Pudgy Penguins currently ranks #105 by market capitalisation, making it a mid-cap asset in the broad top 250. About 71% of the maximum PENGU supply is in circulation today (62.86B of 88.89B), leaving a moderate emission stream still to come. It currently trades about 82% below its all-time high of $0.0534 set in December 2024.

Pudgy Penguins settles on a public blockchain, with ownership recorded against cryptographic addresses rather than personal identities. Its supply schedule and core parameters are defined in software and changed only by coordination among the people who run the network — there is no central operator.

Pudgy Penguins currently ranks #105 by market capitalisation, making it a mid-cap asset in the broad top 250. About 71% of the maximum PENGU supply is in circulation today (62.86B of 88.89B), leaving a moderate emission stream still to come. It currently trades about 82% below its all-time high of $0.0534 set in December 2024. Its fully-diluted valuation of $842.13M is about 1.4× the circulating market cap of $595.54M, a gap that signals issuance overhang to factor into any longer-term thesis.

Pudgy Penguins is used for value transfer, on-chain settlement, and access to whatever application or ecosystem its protocol supports. Because utility varies widely across projects of this kind, the most reliable read on the asset is its market data — liquidity, supply dynamics, and price behaviour — shown elsewhere on this page.

Daily turnover is unusually high at roughly 38% of market cap ($227.32M traded in 24 hours), the kind of liquidity that reflects an active news or trading cycle.

The supply story for Pudgy Penguins comes down to three things: how tokens are issued over time, how many are circulating now, and how far the fully-diluted valuation sits above the circulating market cap. Approximately 70.7% of maximum supply is currently circulating, meaning roughly 29.3% of total potential supply remains to be issued. This implies a structural emission stream against current demand for the asset. The fully diluted valuation (FDV) of $0.8 billion stands at 1.4× the current circulating market cap of $0.6 billion. The wider this ratio, the more issuance overhang the asset faces — a structural headwind on valuation that mature assets like Bitcoin do not face but that early-cycle assets typically do.

The question that matters for a longer-term view is simple: does value accrual (burns, staking-yield reinvestment, deflationary mechanics, growing ecosystem TVL) run ahead of new issuance, or behind it? Ahead, and price can compound quietly; behind, and it leans on continuous fresh demand to soak up the supply.

At the macro level, the variables that move this asset class most are the direction of US interest rates, the supply of dollar liquidity, and the state of global risk appetite. Crypto has behaved like a long-duration, high-beta risk asset: it tends to rally when real yields fall and the dollar softens, and to sell off when liquidity tightens.

The cross-asset relationships worth watching: the dollar index (DXY), historically inversely correlated with crypto over longer windows; the 10-year Treasury yield, a proxy for the cost of risk capital; gold, which sometimes shares a "monetary hedge" framing with Bitcoin during regime changes; and the S&P 500, which during liquidity-driven moves often rhymes with crypto despite the "uncorrelated" narrative.

For Pudgy Penguins specifically, the macro variable that has empirically led price most often is global crypto-market liquidity — proxied by stablecoin total supply, futures open interest, and exchange volumes. When these expand, PENGU tends to follow; when they contract, the relationship typically reverses. Given the 90-day BTC correlation of +0.69, PENGU's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

General crypto risks apply: high volatility (double-digit daily moves are common), regulatory uncertainty, exchange and custody risk, and project-specific execution risk. With a smaller or less-established asset, liquidity can be thin — meaning larger orders move the price more, and exits during stress can be costly. Size positions accordingly and never commit more than you can afford to lose.