Pengu meme coin by Pudgy Penguins is up 130% this week, outpacing Bitcoin and Solana. TOKEN6900 on Ethereum has raised over $575,000.
The crypto market is reeling from recent losses, but Pengu crypto stands out as a top performer.
The Pengu meme coin by Pudgy Penguins is outperforming Bitcoin, Solana, and some of the best cryptos to buy.
In the past week, has surged above key resistance levels, adding an impressive 130%. Notably, there are no signs of this upward momentum slowing down.
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Pengu Meme Coin on Solana Soars 130% in One Week
Pengu ranks among the top Solana meme coins and is closely watched by traders.
It is now the second most valuable Solana meme coin, surpassing TRUMP and Fartcoin, trailing only Bonk.
At spot rates, Pengu’s average daily trading volume is over three times that of TRUMP and nearly six times that of Fartcoin, signaling strong trader interest. If this momentum remains, Pengu could overtake Bonk as the most valuable Solana meme coin.
On CoinGlass, Pengu meme coin trading has generated over $4.2 billion in volume, with open interest rising 24% in 24 hours to nearly $500 million.
Open positions across major exchanges have steadily increased since late June, when they stood at under $100 million.
Open interest has grown fivefold in two weeks, reflecting steady price growth.
From the daily chart, Pengu traders are targeting January 2025 highs. The token is in a bullish breakout formation after surging past Q2 2025 resistance levels in early July.
If bulls press on, Pengu could reach December 2024 highs, reversing all H1 2025 losses.
Why is Pengu Meme Coin Trending?
Demand is being driven by fundamental events.
One catalyst is the potential for a spot Pengu ETF following Canary Capital’s application.
Additionally, Pudgy Penguins partnered with Mythical Games to develop a mobile game, Pudgy Party, set for release in 2025. Once live, the game will boost engagement, and as a meme coin, Pengu is likely to attract more trading.
For those not aware, @pudgypenguins is about to drop a mobile game called Pudgy Party.
Gameplay looks fun AF, think Mario Party meets Fall Guys. I’ve talked to a couple people who’ve played (it’s testing in select regions) and they said it’s incredible.
Built by Mythical Games,… pic.twitter.com/J2tDuoKerd
— SteveG. (@SteveG60117) June 30, 2025
Moreover, Pudgy Penguins launched an Ethereum layer-2 solution, Abstract, in early 2025, expanding Pudgy to the off-chain platform and Ethereum mainnet.
Insane volume on some of these small-cap Abstract NFT collections.
Pengztracted with 736 ETH (!) volume in the last 24 hours, more than Pudgy Penguins, CryptoPunks and BAYC combined.
5 of the top 10 most traded NFT projects are currently on Abstract – I don’t think we ever saw… pic.twitter.com/RJPWG04X9L
— wale.moca 🐳 (@waleswoosh) May 22, 2025
Will TOKEN6900 Also Surge?
As Pengu dominates Solana meme coins, attention is shifting to the TOKEN6900 project on Ethereum.
In under two weeks, TOKEN6900 has raised over $575,000. The token trades at $0.0066, but prices will increase in the next 45 hours.
TOKEN6900 aims to raise $5 million, after which it will list on top DEXes, including Uniswap.
Presale investors can stake, earning a 100% APY yield.
Inspired by SPX6900, which surged 138,500% after hitting all-time lows on February 4, 2024, TOKEN6900 is a pure meme coin with no utility, roadmap, or foundation.
It exists solely for entertainment, with 80% of its total supply allocated to presale investors.
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Pengu Meme Coin On Solana Up 130%, TOKEN6900 Raises $575,000
- Pengu meme coin on Solana up 130% in one week
- Pengu is now the second most valuable Solana meme coin
- Pudgy Penguins launched an Ethereum layer-2, Abstract
- TOKEN6900 raises over $575,000
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