BREAKING: Pudgy Penguins (PENGU) Surges 21.5% in 24 Hours to $0.0081

BREAKING NEWS: Pudgy Penguins (PENGU), the native token of the popular NFT collection, has surged 21.5% in the past 24 hours, currently trading at $0.00813805 as of February 14, 2026.

Key Market Data

The sudden price surge has pushed PENGU’s market capitalization to $511 million, adding approximately $89.5 million in market cap over the 24-hour period. The token now ranks #99 in the cryptocurrency market by market capitalization.

Trading activity has intensified significantly, with 24-hour volume reaching $164 million. The token’s intraday high touched $0.0081444, while the low was recorded at $0.00661315, representing substantial volatility.

Recent Performance Metrics

Beyond the 24-hour surge, PENGU has demonstrated strong short-term momentum with a 21.9% gain over the past 7 days. However, the token remains down 32.3% over the 30-day period, indicating recent recovery from previous declines.

In the past hour alone, PENGU has gained an additional 2.5%, suggesting continued buying pressure in the immediate term.

Supply and Valuation

With a circulating supply of 62.86 billion tokens out of a total supply of 79.69 billion, PENGU’s fully diluted valuation stands at approximately $648 million. The maximum supply is capped at 88.89 billion tokens.

Historical Context

While today’s gains are significant, PENGU remains 88.1% below its all-time high of $0.068447, which was recorded on December 17, 2024. The token hit its all-time low of $0.00371517 on April 9, 2025, making the current price approximately 119% above that bottom.

Market Implications

The substantial 24-hour volume of $164 million relative to the $511 million market cap indicates strong trader interest, with the volume-to-market-cap ratio exceeding 32%. This level of activity suggests either significant position changes or new capital entering the market.

The token’s recovery comes as the broader NFT-related cryptocurrency sector experiences mixed performance in early 2026. Traders should note that despite today’s gains, PENGU remains significantly below its December 2024 peak, suggesting room for either continued recovery or consolidation.

This is a developing story. Market data as of February 14, 2026, 22:52 UTC.