PENGUIN (Nietzschean Penguin) is showing classic meme-cycle behavior on the daily chart, with volatility returning after a deep correction.
• Price is trading around $0.02557, up 21.83% on the day, signaling a short-term bounce after an extended downtrend.
• The token previously ran from near zero to an all-time high of ~$0.1740 before entering a sharp distribution phase typical of hype-driven assets.
• Market Cap and FDV both sit at $25.58M, meaning the full supply is already in circulation, no hidden dilution risk from future unlocks.
• Liquidity stands at $2.38M with 42,636 holders, showing strong community participation but relatively thin depth for the size of the market cap.
• On the 1D timeframe, price remains below the 9-EMA ($0.0299) and 15-EMA ($0.0317). Despite today’s green candle, the short-term structure is still technically bearish.
• Volume was explosive during the initial pump but has tapered off significantly during the decline, suggesting fading speculative momentum.
Overall, PENGUIN is in a relief-bounce phase inside a broader downtrend. For a meaningful reversal, price would need to reclaim and hold above the $0.032 zone (EMA 15) with expanding volume.
