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Home CRYPTO

Will Dogecoin or Pengu Hit $1 First? Here is When You Should Buy

Gary Ponce by Gary Ponce
August 11, 2025
in CRYPTO, DOGECOIN, FINANCE, MEMECOINS, OPINION
Reading Time: 3 mins read
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  • Dogecoin thrives on culture, celebrity influence, and payment adoption, but faces inflationary headwinds.
  • Pudgy Penguins’ PENGU runs on Solana with fixed-supply, deflationary tokenomics and in-game utility.
  • DOGE nears a historical breakout zone, while PENGU’s cup-and-handle pattern signals potential near-term upside.

One crypto started as a joke, the other with a business blueprint. Dogecoin, the internet’s OG memecoin, finds itself facing Pudgy Penguins’ PENGU — a penguin-themed Solana token blending meme culture with real utility. Both are gunning for the coveted $1 mark, but the way they’re built couldn’t be more different.

Origins: Meme vs. Mission

Dogecoin’s story is pure internet legend — born in 2013 as a lighthearted parody, propelled by a Shiba Inu mascot, and sustained by a loyal community long after its creators left. PENGU, on the other hand, is a 2024 launch with a game plan from day one: powering in-game economies and NFT minting through a fixed-supply token model designed to get scarcer over time.

History says $DOGE to the moon next! pic.twitter.com/sNBuPX0Gc1

— Ali (@ali_charts) August 9, 2025

Supply & Tokenomics: Inflation vs. Scarcity

Where DOGE keeps minting 10,000 coins a minute, PENGU burns tokens used for gaming NFTs, steadily shrinking supply. Dogecoin’s blockchain, though solid for its time, can’t match Solana’s lightning-fast, low-cost transactions — a big plus for PENGU’s gaming ambitions.

$PENGU has the fundamentals stacked for a breakout from this cup and handle pattern to $0.082, including:

– Pending ETF filing with CBOE backing
– SEC is officially reviewing the application
– Strong expansion in Asia, earning the title Asia’s $DOGE pic.twitter.com/2UXdPE255P

— Ali (@ali_charts) August 9, 2025

Community Power & Adoption

Community-wise, DOGE has the memetic firepower and Elon Musk’s occasional tweets, while PENGU’s still assembling its base, leaning on gaming circles and its NFT brand ties. DOGE is widely accepted for payments at places like Tesla and AMC, while PENGU’s utility is anchored to its upcoming play-to-earn ecosystem.

Market Outlook & Technical Signals

On the charts, DOGE trades at $0.2321, flirting with a historical breakout level that’s triggered past parabolic runs. PENGU sits at $0.0384, coiling in a classic cup-and-handle setup that could launch it toward $0.082 if volume backs the move. It’s an old-guard icon versus a fast-moving upstart — culture versus strategy — with $1 as the ultimate bragging right.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $DOGE$PenguDogecoinElon MuskMemecoinPudgy PenguinsShiba Inu
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Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, AVAX, and select meme tokens, combining personal trading knowledge with professional editorial standards.

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