PENGU May See Deeper Decline After Hitting Key Resistance Amid Capital Flight

Dec 02 2025 bitcoin


PENGU memecoin has experienced a sharp 12% price drop in the last 24 hours, trading at $0.0097 amid heavy capital outflows and broader memecoin market losses of 27%. Selling pressure at key resistance levels and fading bullish indicators signal potential further declines for this once-popular asset. PENGU memecoin faces sustained capital flight, with $6.5 million [...]

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