Pudgy Penguins is trending again — but viral attention is not the same as structural value.
When a token like $PENGU goes viral, price action is usually driven by liquidity bursts, social amplification, and speculative rotation. Volume spikes first. Narrative follows. Retail piles in late. That’s the cycle. The brand strength of Pudgy Penguins gives it visibility, and visibility fuels momentum. But momentum is temporary unless supported by sustained demand.
The critical distinction: hype creates volatility, not intrinsic value. With massive token supply, sustained upside requires continuous inflows. If buying pressure fades, gravity returns quickly. Viral phases are liquidity events — opportunities for disciplined traders, not long-term guarantees.
So treat this surge as a flow-driven move, not fundamental repricing. Track volume consistency, order book depth, and follow-through across multiple sessions. If participation drops, so does the trend. In meme-driven environments, speed matters more than conviction.