The PENGU cryptocurrency secured victory in the Kraken meme coin contest, allowing the Pudgy Penguins mascot to appear on the Williams Racing car at the Singapore Grand Prix.
Kraken Contest Results
PENGU finished the contest with over $21.4 million in trading volume, surpassing DOG and BONK, which took second and third places respectively.
Pudgy Penguins Mascot's F1 Debut
As the winning token, the Pudgy Penguins mascot will be featured on the Williams Racing FW47 during the Singapore Grand Prix, reaching speeds over 200 mph.
PENGU Price Prediction
The PENGU price continues to consolidate, with the 20-day EMA acting as dynamic support. The chart suggests a bullish pennant, indicating a potential breakout above $0.040. If reached, the next target could be $0.050.
PENGU's win at the Kraken contest and the mascot's debut in Formula 1 highlight the cryptocurrency's growing popularity, while technical indicators suggest potential for further growth.
