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- Gate July 2025 Transparency Report:
Accelerating Leadership in the Global Crypto Landscape!
#GateTransparencyReport# - 📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
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Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
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Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
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Post your - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
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Pudgy Penguins (PENGU) To Rise Higher? Key Pattern Suggests Potential Upside Move
Date: Thu, May 22, 2025 | 06:40 AM GMT The cryptocurrency market has mounted a solid comeback in recent weeks following a sluggish first quarter. Bitcoin (BTC) melted faces today with a fresh all-time high of $111,861, while Ethereum (ETH) delivered an impressive 65% monthly surge. This resurgence is lifting overall sentiment across memecoins — including Pudgy Penguins (PENGU). PENGU has posted jaw-dropping monthly gains of over 189%, and a classic technical setup suggests there might be even more upside on the horizon.
Source: Coinmarketcap Power of 3 in Play A close look at PENGU’s 4-hour chart reveals a textbook “Power of 3” setup — a well-known structure that unfolds in three stages: accumulation, manipulation, and expansion. Accumulation Phase Between May 8 and May 16, $PENGU consolidated in a tight range between ~$0.013 and ~$0.017. This sideways action, marked by low volatility, is typically where larger players accumulate positions quietly before the next move.
Pudgy Penguins (PENGU) 4H Chart/Coinsprobe (Source: Tradingview) Manipulation Phase On May 16, PENGU briefly plunged to around $0.0118 — a move likely designed to trigger stop-losses and scare out retail traders. This sudden dip is classic "shakeout" behavior, often seen before a bullish breakout. Expansion Phase Following the dip, PENGU rebounded strongly, reclaiming $0.013 support and climbing with strength while holding above the 50-day moving average. It’s now knocking on the door of the previous resistance near $0.017. A breakout above this level would signal the beginning of the expansion phase — where price accelerates rapidly, and “smart money” begins distributing into increasing demand. What’s Next for PENGU? The price is currently hovering just below $0.0143. If bulls can push PENGU past the key resistance level at $0.017, the measured move — based on the height of the previous range — targets $0.02145. This represents a potential upside of nearly 50% from current levels. However, the broader crypto environment still plays a key role. Continued strength in Ethereum and sustained momentum across memecoins will likely be essential tailwinds for PENGU’s next leg up. Disclaimer: This article is for informational purposes only and not financial advice. Always do your own research before investing in cryptocurrencies.