Can Pudgy Penguin (PENGU) Price Break Its All-Time High or Is It Dead?

Pudgy Penguin (PENGU) has become one of the most talked-about meme coins on Solana, and many holders want to know if the price can ever break its all-time high again

To understand the current picture, we looked at the latest breakdown from Crypto Spotter, a YouTuber with 32.8k subscribers who analyzed PENGU chart, market cap, and danger levels

His explanation is simple: PENGU is not dead, but the next move depends on a few clear numbers.

Crypto Spotter explains that most projects fail to break their all-time high if they need a huge move like 1,500% or more

In those cases, only major news or hype can push the price that far again. But the Pudgy Penguin price is in a different situation. Its all-time high sits at $0.068, and today it trades near $0.011, which means it needs a jump of about 522% to break the previous peak.

According to Spotter, that is a manageable number. It does not guarantee success, but it shows the PENGU price still has a real chance to revisit its all-time high if market conditions improve and Solana keeps attracting new users.

Spotter gives a very clear warning: if PENGU drops below $0.00204, the chart enters what he calls the “danger zone.”

A move under that level would make the recovery much harder and could delay any chance of a breakout. As long as the PENGU price stays above that number, the structure remains alive and the trend can still recover.

How High Could Pudgy Penguin Price Go From Here?

To find a realistic target, Crypto Spotter uses the market-share method, comparing PENGU market cap to Solana’s

Right now, PENGU sits around a $737 million market cap, while Solana is near $79.8 billion, which means PENGU makes up about 0.92% of Solana’s size.

Back at PENGU’s all-time high, that contribution was 3.86% when Solana’s market cap was around $70 billion. So Spotter builds a simple range

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If Solana reaches $200 billion in a strong market, and PENGU holds somewhere between its old share and today’s share, then PENGU market cap could land between $1.84 billion and $7.72 billion.

When you convert those numbers into price, Spotter gives a rough range that sits between $0.03 and $0.12, depending on momentum. These are not promises, just mathematical targets based on past and current market share.

Is PENGU Dead or Still Alive?

Crypto Spotter’s view is simple: PENGU is not dead.

It doesn’t need a massive 2,000% rally to break its old high. It needs about 500%, which is still possible for a meme coin with strong community activity and Solana liquidity

The danger only appears if the PENGU price falls under $0.00204. Until then, the chart still has room to recover, and the story isn’t over.

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