Pudgy Penguins (CRYPTO: PENGU) has traded mostly flat over the past month, even as fundamental developments strengthen the meme coin’s longer-term outlook.

CryptocurrencyTickerPriceMarket Cap7-Day TrendPudgy Penguins(CRYPTO: PENGU)$0.009500$597.3 million-3.5%Dogecoin(CRYPTO: DOGE)$0.1222$20.6 billion-2.5%Shiba Inu(CRYPTO: SHIB)$0.057666$4.5 billion-1.9%

Trader Notes: Altcoin Sherpa said PENGU is not an attractive short at current levels, as it’s trading in a high-volume zone with relatively strong fundamentals.

He favours accumulation in the highlighted buy area, noting that while meme coin hype has cooled, PENGU could outperform when Bitcoin’s trend improves. Sherpa also disclosed he…

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