PENGU Jumps 31% in a Week After Paxos Deal, as Traders Rotate Toward Meme Coin Presales

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Ahmed Barakat

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Ahmed Barakat

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Aug 2025

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Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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Last updated: 

April 28, 2026

Pudgy Penguins’ native token PENGU has gained 31% over the past week and 60% over the last 30 days after the project struck a partnership with Paxos that expands token access across major trading platforms. The brokerage’s direct support for PENGU potentially opens the asset to more than 500 million investors, reinforcing demand for meme projects that can pair brand reach with tangible infrastructure.

The move stands out in a difficult broader market. PENGU has held key technical levels during the recent advance, while strength in the project’s NFT ecosystem has added to its relative outperformance. That combination of a clear catalyst and chart support is now pushing traders to scan the sector for other momentum plays, including Maxi Doge (MAXI), which is approaching the $5 million presale mark.

The Paxos collaboration broadens distribution for PENGU and adds regulated market infrastructure to the Pudgy Penguins ecosystem. The market response was immediate: PENGU rose about 5% in the past 24 hours, traded near $0.010, posted weekly gains of 31%, and recorded a 25% increase in daily volume.

Analysts watching the chart have highlighted the 200-day EMA as an important support area that has so far held, strengthening the bullish higher-timeframe case. Renewed attention around Pudgy Penguins’ NFT collection has also supported sentiment, helping PENGU separate itself from weaker meme tokens that have struggled to maintain momentum.

Analyst Altcoin Sherpa said in a recent X post that PENGU is “moving much higher” while trading around its 200-day EMA, though he also warned short-term traders to stay careful at current levels.

$PENGU moving much higher…love to see it.

Would be cautious at firing at this current level if you're actively trading but if you just have a higher time frame point of view on it, it should still do pretty well. 200d EMA right here. I'm still bullish on this one https://t.co/Riv37aU2kF pic.twitter.com/IQAgABpfw1

— Altcoin Sherpa (@AltcoinSherpa) April 27, 2026

Risk Appetite Extends Beyond Majors to Early-Stage Meme Plays Like PENGU and MAXI

PENGU’s rally has fed back into the wider meme coin trade. As capital rotates toward projects with community traction and identifiable catalysts, presales are again attracting traders seeking earlier entry points. One of the names benefiting from that shift is Maxi Doge (MAXI).

Maxi Doge markets itself around a bodybuilding Shiba Inu mascot and a high-risk trading culture centered on max leverage and zero stop-losses. Alongside that branding, the project says it offers token utility through staking rewards, community competitions for top ROI traders, partner events with futures platforms, and a Maxi Fund designed to support exposure and token momentum.

The presale has raised $4.76 million so far and is nearing the $5 million threshold, with the next price increase due in less than two days. The current token price stands at $0.00028150 per MAXI, and the project says 40% of the total supply is allocated to presale buyers.

ONLY 1 TOP DOG THIS CYCLE. pic.twitter.com/IUDUZlpUH0

— MaxiDoge (@MaxiDoge_) April 21, 2026

Maxi Doge Presale Terms and How Buyers Can Participate

Investors can access the sale through Maxi Doge’s official presale site by connecting a wallet through the embedded purchase widget. MAXI can be bought using ETH, BNB, USDT, or USDC, and the project also offers a bank card payment option.

The purchase flow is also available in the Best Wallet app, which is downloadable from the Apple App Store and Google Play. According to the project, tokens bought in the presale will be claimable once the sale ends.

At the current $0.00028150 price, the presale also includes staking with an APY of up to 66% through a daily rewards pool, allowing buyers to accumulate additional MAXI ahead of any future exchange listing.

For the latest updates, follow Maxi Doge on X and join its Telegram group.

Visit Maxi Doge Token.