- PENGU token targets $0.22 after a textbook cup and handle breakout, signaling a potential 400% bull rally.
- Despite a daily dip, PENGU gained 313% in 90 days, fueled by strong adoption and ecosystem expansion.
According to on-chain analyst Ali Martinez, the PENGU token chart has shown a pattern resembling the classic cup and handle pattern, often considered a bullish signal.
From his perspective, this pattern could set the stage for a price rally of up to 400%, with a target of around $0.22. This prediction comes amid various developments that add to the larger story behind this token, from Pudgy Penguins’ global expansion to its breakthrough in the digital entertainment sector.
$PENGU is breaking out of a textbook cup and handle pattern, targeting $0.22. That's a 400% bull rally!
With ETF filings under review, Asia expansion, millions of toy sales, and Pudgy Party on Google and Apple's app store, the explosive potential is real. pic.twitter.com/ggOOR0MDEQ
— Ali (@ali_charts) September 19, 2025
Pudgy Penguins Builds Momentum Across Multiple Fronts
Pudgy Penguins isn’t just stopping at NFT collectibles or toy sales. CNF reported that last July, they partnered with Suplay in China to expand the physical toy market in Asia, following their successful entry into Walmart and Target in the United States. So, it’s safe to say that Asia is now their primary target.
Furthermore, last June, users were also able to collect Lufthansa miles every time they shop at Pudgy Shop, using either fiat or PENGU. This collaboration brings unique added value by connecting the Pudgy Penguins ecosystem with Europe’s largest frequent flyer program.
Furthermore, their foray into the mobile gaming world with Pudgy Party has also yielded remarkable results. In a short time, the game surpassed 750,000 downloads and recorded the fastest growth among other Web3 titles.
This surge in adoption has proven that Pudgy Penguins is able to reach a traditional audience that may not have previously been familiar with crypto. Interestingly, many observers see this trend as a smart way to strengthen the brand and expand PENGU’s user base.
Net Outflows Signal Investor Confidence in Holding PENGU
On the trading side, PENGU is now officially available on the Bullish exchange, increasing access options for investors. However, in the last 24 hours, PENGU’s price has corrected by around 7.45%. Many analysts see this decline as more due to profit-taking by those who have enjoyed a long rally.
However, looking more broadly, its performance remains healthy. In the last seven days, the token has risen 1.15%, in 30 days, it has surged 11.04%, and in 90 days it has skyrocketed 313.65%.
On the other hand, on-chain data from CoinGlass shows a significant net outflow in the past day. Upbit recorded approximately $4.45 million in outflows, Kraken $2.59 million, Bybit $1.63 million, Coinbase $778,000, and Binance $729,000.

What does this mean? Net outflow indicates more tokens are being withdrawn from exchanges than are being entered. Typically, this situation indicates investors are moving assets to personal wallets, either for long-term storage or simply to reduce risk if prices become more volatile.
In other words, despite the price correction, this behavior can be interpreted as a sign of confidence in the long-term prospects of the PENGU token.

