Outlier07CRYPTO2026-05-09

PENGU gains 50.7% in 30 days — outpacing BTC by 3,950 bps amid token unlock cycle

Pudgy Penguins (PENGU) closed at $0.01029 on May 7 — just 6.7% below its 90-day closing high of $0.01104 set on May 5 — after gaining +50.7% over the past 30 days.
That compares to BTC's +11.3% over the same window, a gap of roughly 3,948 basis points (~39.4 percentage points).
The 90-day low for PENGU was $0.00683 (Apr 7); the current close is +50.7% above that level.

Supporting datasets

CoinDesk Indices: Single Tokens, Multi-Assets and Rates

Candlestick data for various CoinDesk indices

3 tables52.24 MB

May 30, 2026

Supporting queries

To surface this insight, Baselight ran 5 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.

Conclusion

PENGU: Apr 7 close $0.006829 → May 7 close $0.010294 = +50.73% in 30d. BTC +11.25% in same window → divergence 3,948 bps. 90d closing high = $0.011039 (May 5). May 7 close is 6.7% below that peak. 90d low $0.006829 (Apr 7) → +50.7% above low. Public analysis notes April 17 token unlock (703M tokens) and May 17 scheduled release; on-chain data shows rapid wallet dispersion of unlocked tokens.