The cost of the PENGU may escalate at an accelerated pace, surpassing initial forecasts
The price of the PENGU token has experienced a significant drop since reaching a record high of $0.04, dipping to around $0.34. This decline is primarily due to a significant insider sell-off, where wallets closely associated with insiders transferred over $17 million worth of tokens to centralized exchanges during July 2025. This large volume movement caused sharp price declines as market participants feared strategic sell-offs by insiders [1].
Additional factors contributing to the drop include general bearish technical indicators observed in August 2025, such as the MACD and RSI showing bearish momentum and PENGU trading within a downward channel after a local high in July [3]. Daily trading volume surged by 90%, indicating strong selling pressure ahead of a possible further decline to $0.25 noted by some analysts [4].
However, there are indications of a potential rebound for PENGU. A major protocol upgrade in August 2025 introduced a new governance framework and token burn mechanism, resulting in a dramatic 293.7% price surge within 24 hours, increased on-chain activity, and boosted ecosystem development. This suggests that longer-term fundamentals may support recovery [5].
Market analysts view recent price dips as healthy corrections offering buy-the-dip opportunities, citing upcoming ETF filings and growing adoption as potential catalysts for upward movement [4]. The token also enjoys strong community backing and new accessibility through platforms like Robinhood, which could drive renewed interest and institutional involvement after regulatory reviews [4].
Key support levels identified around $0.025 to $0.032 could provide a price floor before recovery, while resistance is seen near $0.039 to $0.046, marking targets for rebounds [3]. It is important for investors to closely monitor buyer dominance and resistance to the upside for PENGU, as overcoming the resistance to the upside remains a crucial challenge for a sustained trend reversal [2].
While the recent drop in PENGU's price has sparked concerns, a bullish recovery is a possibility. However, a deep analysis of market data suggests that the potential trend reversal for PENGU might not last, pending broader market conditions [6]. Therefore, investors should keep a close eye on these factors to make informed decisions.
This article was written by Gaston Cuny, a cryptocurrency enthusiast and writer with 7 years of experience.
[1] Insider Sell-Off Triggers PENGU Token Price Drop [2] Monitoring Buyer Dominance and Resistance for PENGU [3] Key Levels to Watch for PENGU's Recovery [4] Analysts See Buy-the-Dip Opportunities for PENGU [5] PENGU Sees Dramatic Price Surge Following Protocol Upgrade [6] Potential Trend Reversal for PENGU Could Be Temporary
Investors may consider the potential for buying PENGU tokens during bearish market periods, as analysts view the recent price dips as healthy corrections offering buy-the-dip opportunities. Furthermore, the introduction of a new governance framework and token burn mechanism in technology could support finance recovery for PENGU, making it an appealing option for investors.
