The crypto market displayed strong growth, with Bitcoin and Ethereum reaching new heights. However, lesser-known tokens achieved significant successes.
PENGU Soars 33%
Pudgy Penguins' token, PENGU, surged 33.44%, nearing $0.0163. Trading volume reached approximately $788 million, and market cap rose to $1.23 billion. The main driver of growth was the SEC's recognition of a spot ETF application related to PENGU, which would hold a mix of PENGU tokens and Pudgy Penguins NFTs.
Zebec Network's Success Before House of Lords
Zebec Network (ZBCN) rose 20.21%, hitting about $0.00367 with trading volume at $58 million. Its market cap exceeds $309 million. This success is linked to the upcoming appearance of Zebec's leadership in the UK House of Lords, focusing on blockchain compliance.
Other Token Achievements: ETHFI, POPCAT, and WIF
The ether.fi token, ETHFI, gained 15.66%, now trading around $1.10, driven by newly opened lending opportunities. The POPCAT token increased by 13.9%, boosted by trading volume growth and its recent listing on Coinbase Germany. The WIF token rose 12.9% due to accumulation by large holders.
In conclusion, the crypto market is showing growth amid successes of both Bitcoin and Ethereum, along with the surge of smaller tokens. The next steps for traders and further developments in this sector remain closely watched.
