The cryptocurrency $PENGU is gaining notable traction in the memecoin market, currently ranking among the top traded memecoins on CoinGecko. Analysts have identified a bullish cup-and-handle pattern, suggesting a potential market capitalization reaching $20 billion by the end of 2025. $PENGU is positioned at number four in memecoin rankings, with expectations to climb to the top spot soon. Market movements indicate that $PENGU is approaching a key resistance level, with price discovery potentially pushing its value to $0.1. The coin is increasingly recognized as a prominent crypto mascot on Wall Street, reflecting growing investor interest and trading volume.