Recently, the crypto market has shown active movements, especially regarding projects like Ethena, PENGU, and Cold Wallet. This article examines key aspects of their growth and potential opportunities.
Ethena: 150% Growth and Record TVL
Ethena (ENA) has shown a 150% increase over the past month, including a 40% rise this week. The total value locked (TVL) has surpassed $10 billion, largely driven by growing demand for the stablecoin USDe, which now ranks among the top three globally by market capitalization.
PENGU: Momentum and Price Forecasts
Pudgy Penguins’ PENGU is trading around $0.0376 after a recent climb and a 17.5% spike in trading volume. Analysts highlight a technical setup that may signal a breakout toward $0.075 by mid-September if current momentum holds.
Cold Wallet: A Unique Market Offering
Cold Wallet is showing notable growth, with over 750 million tokens sold and two million preloaded users. The sales volume and cashback model create consistent demand, positioning it strongly in the market ahead of the end of the current presale stage.
Among the current trends in the crypto market, Ethena and PENGU attract attention due to their growth and technical signals, while Cold Wallet presents unique conditions for users already holding significant token volumes. Continuous analysis of both technical and fundamental factors impacting these cryptocurrencies remains crucial.
