Forecast for Pudgy Penguins (PENGU) Price Over 2025-2031: Possibility of Reaching $1
In the world of digital art and blockchain, Pudgy Penguins has been making waves since its launch in July 2021. The collection of 8,888 unique NFTs, each depicting a chubby penguin, initially sold for around $90 each. However, the journey for Pudgy Penguins has not been without its ups and downs.
Initially, the NFT hype propelled the prices to impressive heights. But by early 2022, prices dropped to around $1,000 as the hype faded and issues within the community arose. Many were unhappy with the founder, Cole Villemain (aka ColeThereum), due to accusations of poor management.
However, the story doesn't end there. In 2022, the project was purchased by a group led by Colin Kroll, co-founder of HQ Trivia, and the NFT project MoonPay. This acquisition seemed to breathe new life into Pudgy Penguins, with the cheapest penguin on the market selling for over $6,000 within a few months.
The new token called PENGU, tied to the Pudgy Penguins collection, launched on Solana in December 2024. Holders of Pudgy Penguin NFTs received 1.7 million PENGU tokens at its previous highest value, which were worth over $100,000 according to CoinGecko.
Looking forward, the PENGU price analysis paints a promising picture. A comprehensive technical analysis of past pricing trends suggests that in 2025, Pengu may have a minimum price of $0.024, a maximum price of $0.0791, and an average trading value of $0.0763.
By 2027, Pudgy Penguins is likely to have a minimum price of $0.11, a projected maximum price of $0.13, and an average trading price of $0.12. As we move towards 2030, the forecasted minimum price for Pudgy Penguins is $0.17, with a maximum value of $0.20 and an average value of $0.19 throughout the year.
By 2031, Pudgy Penguins will likely have a minimum price of $0.24, a projected maximum price of $0.27, and an average trading price of $0.27. In 2030, we expect the PENGU price to achieve $0.2.
Cryptopolitan is bullish on the PENGU price movements, expecting the coin to surge to new highs by the end of 2025. As we continue to watch the Pudgy Penguins and PENGU journey unfold, it's clear that this NFT project has a significant place in the crypto world.
Looking further ahead to 2028, projections indicate that the lowest expected price for Pudgy Penguins is $0.14, with a maximum value of $0.17 and an average forecast value of $0.16. By 2026, the forecasted minimum price for Pudgy Penguins is $0.0773, with a maximum price of $0.0920 and an average value of $0.0893 throughout the year.
In January 2022, investor Luca Netz offered to buy the project for about $2.5 million, but it remains to be seen if future offers will match or surpass this figure. As the Pudgy Penguins and PENGU journey continues, it's clear that this NFT project has captured the hearts and wallets of many in the crypto community.
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