The global crypto market cap is up about 2% since yesterday, and a bunch of tokens are starting to show signs of bouncing back. But meme coin Pudgy Penguins (PENGU) really stole the spotlight, jumping more than 10 percent in the last 24 hours thanks to the rollout of the second phase of its partnership with Edgen.
Pudgy Penguins
> Congressman switches to a Pudgy PFP
> Bearbrick x Pudgy collab
> Pudgy Party wins Mobile Game of the Year
> Pengu takeover in ManilaCouldn't be more happier to see them crushing it.
The world will huddle 🐧 pic.twitter.com/HF3wVnemm6
— Zorin (@Zorin_NFT) November 24, 2025
The update dropped late on November 24 and basically expands the collab. Phase one only rewarded Lil Pudgys and Pudgy Penguins NFT holders, giving perks to the core community that has been supporting the project since the beginning.
Phase two opens things up way more. Now over 250,000 PENGU holders get access to Edgen’s Expert Plan, which means the benefits are no longer limited to the original NFT crowd. The idea is to bring the wider PENGU community into the ecosystem instead of keeping everything gated.
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Pudgy Penguins Price Prediction: Is the Long-term Bottom In?
This chart shows PENGUUSDT breaking out of a big falling channel after bleeding for weeks, and the move looks very similar to the smaller descending channel it broke earlier in the year before that massive run.
Price tapped the bottom trendline again and instantly bounced, which suggests sellers are getting exhausted and buyers are stepping in aggressively at these lows. The vertical target marker points toward a potential 130 percent move if the breakout plays out the same way as last time, lining up nicely with the upper channel resistance around 0.035.
As long as price holds above the recent low and keeps grinding upward, the setup favors a sharp relief rally. A drop back inside the channel would kill the momentum, but right now the structure looks like a classic continuation breakout warming up.
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Best Memecoin To Buy? Could Be Maxi Doge
With PENGU pumping and the memecoin market finally showing signs of life, traders are hunting for the next move that actually has momentum behind it instead of just hype. That is exactly why Maxi Doge is starting to grab attention as one of the best memecoins to buy right now.
While most memecoins are still struggling to recover, Maxi Doge is doing the opposite. The project has already raised 4.20 million dollars in its presale, which is insane considering how dead the space was just a few weeks ago. That kind of early funding usually means whales are positioning before a bigger wave hits.
The staking rewards are also a major draw. Maxi Doge is offering around 73% APY, giving holders a reason to stick around instead of just trading in and out. In a market where everything feels uncertain, a memecoin that pays out while you wait stands out big time.
On top of that, Maxi Doge has built a strong community push and branding that actually travels outside crypto circles. When the broader memecoin sector wakes up again, projects with real traction and high yield usually lead the move.
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Key Takeaways
- ETF inflows continue to accumulate even as SOL dumps, indicating that institutions are using the weakness to accumulate rather than bailing.
- Price is holding its 123 to 124 support zone, and if that level sticks, SOL has a clean path to retest the 144 to 150 area soon.
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