Pudgy Penguins’ PENGU rose nearly 38% over seven days and 2% Thursday, outperforming Pepe, Dogecoin and Shiba Inu and gaining 16% year to date. The token reached a nearly five-month high of $0.0109 before retreating, while analyst Ali Martinez said its chart resembles PEPE’s early expansion phase after an initial surge, sharp decline, extended consolidation and renewed liquidity. Bollinger Bands are tightening, the Tom DeMark Sequential produced a nine setup and Combo 13, and both the Parabolic SAR and SuperTrend turned bullish. PENGU traded near $0.0099 above a long-term descending trendline and its major exponential moving averages, with $0.011-$0.012 as resistance and $0.0084 as 20-day EMA support. Attention also increased around Pudgy Penguins’ Korea Blockchain Week activities in Seoul, scheduled mainly for September 29 to October 1, within a broader September 28 to October 2 timetable. Trading activity strengthened, while wider memecoin speculation accompanied the SEC’s effort to establish a clearer cryptocurrency regulatory framework.