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Memecoins posted strong gains over the past week, with Pudgy Penguins (PENGU) token outperforming more valuable and popular <a href="https://xpertsstudio.com/cryptocurrencies-price-prediction-dogecoin-bitcoin-ethereum-asian-wrap-26-august/” title=”Cryptocurrencies Price Prediction: Dogecoin, Bitcoin & Ethereum – Asian Wrap 26 August”>cryptocurrencies.
‘Exciting’ Unlock For Square Sellers
PENGU surged 54% to become the most profitable large-cap memecoin over the last seven days. The native token of the popular NFT brand Pudgy Penguins is up nearly 50% in a month.
In addition to the broader cryptocurrency market rebound, the coin rallied following a cryptic message from Pudgy Penguins CEO Luca Netzabout potentially taking the company public by 2027.
The post on X featured a pair of eyes, a penguin, a building and an “SOON” arrow.
Additionally, Pudgy Penguins’ official X account replied, “Well, well, well,” to Polymarket’s post that cryptocurrency whales are buying NFTs again in large numbers.
DOGE, SHIB Trail PENGU’s Advances
Frog-themed Pepe(CRYPTO: PEPE) trailed PENGU with impressive gains of 48% last week, while Solana(CRYPTO: SOL)-based Bonk(CRYPTO: BONK) came in at a distant third at 31%.
Major dog-themed coins, such as Dogecoin(CRYPTO: DOGE) andShiba Inu(CRYPTO: SHIB), jumped 23% and 19%, respectively, last week.
Photo Courtesy: Koshiro K on .com
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