Pudgy Penguins & Play Solana: Gameboy & Token Burn Frenzy! 🐧💥

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Oh, what a curious contraption! Play Solana has conjured up a limited edition handheld console, all tied to a most peculiar ritual: burning PENGU tokens with every sale. A gameboy, you say? More like a token-burning teapot! 🎮🔥

Pengu Clash, a Web3 game on the TON blockchain. 🎮🌀

  • PENGU’s price now dances on a tightrope, having soared 500% since June—only to wobble perilously near a cliff. 📉💫

    • Play Solana has launched a limited edition gameboy in collaboration with Pudgy Penguins (PENGU), with each unit sold triggering a buy-and-burn of the PENGU token to reduce its circulating supply. Pre-orders for the device are now open here. 🕹️💸

    It’s time, the Play Solana x Pudgy Penguins Limited Edition gameboy is now live!

    For every PSG1 sale we will buy and burn $PENGU

    Pre-order yours now below!

    — Play Solana | PSG1 (@playsolana) July 30, 2025

    The collaboration follows Pudgy Penguins’ recent entry into Web3 gaming with the launch of Pengu Clash, a skill-based game hosted on The Open Network. 🎮👽

    Both initiatives are part of Pudgy Penguins’ broader efforts to expand its brand and engage new audiences beyond the Web3 space. They follow the recent launch of Pudgy Records, a community-driven music label focused on growing its cultural presence through original music. 🎶📈

    PENGU price at a key turning point

    The Gameboy release comes at a pivotal moment for PENGU token price. Since June 22, PENGU has surged more than 500%, climbing from $0.0077 to a peak of $0.0466 on July 27. However, the price has since retraced to around $0.0398. A rollercoaster of chaos! 🎢🌀

    The daily chart now shows signs of hesitation, with a potential double top forming near the $0.046 level. This pattern is often considered a bearish reversal signal, as it indicates that buyers were unable to push the price beyond a key resistance level on two separate attempts. A tale of two peaks, and a tale of tears! 📉😭

    If confirmed—typically by a break below the interim support between the two peaks—it could suggest that upward momentum is fading and increase the likelihood of a deeper pullback. That being said, today’s candle is up 12% from that support, so there’s a chance PENGU price will rebound and invalidate the bearish pattern. A flicker of hope in a sea of despair! 🌊✨

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    2025-07-31 14:31