Changes in the cryptocurrency market have become noticeable, especially in the segments of Pudgy Penguins and Cronos. Both coins have shown significant growth and attracted the attention of investors and analysts.
Pudgy Penguins Market: Growth and Whale Activity
Over the past week, Pudgy Penguins (PENGU) has gained popularity, increasing by 45%. In the last 24 hours, its price rose by 20%. This is linked to increased NFT activity, with Pudgy Penguins reaching trading volumes of $9.65 million for the week, while large wallets accumulated over 200 million PENGU. Technical indicators also show a bullish trend, with the current price at $0.045. The nearest support level lies at $0.036.
Cronos Forecast: Achievements and Resistance
Cronos (CRO) is also demonstrating growth, up by 93% since March. The current price stands at $0.1310, bringing it closer to a significant resistance level of $0.1500. Technical indicators such as RSI and MACD confirm a likely further increase. However, a potential drop below $0.1100 could adversely affect bullish expectations.
BlockDAG: Breakthrough Technologies and Development
The BlockDAG project is displaying significant progress ahead of its launch, attracting over 4,500 developers and launching over 300 active projects in areas like DeFi and artificial intelligence. They have raised over $352 million through presales. To support developers, global hackathons are planned, along with ambitions to onboard more than 1,000 decentralized applications by 2026.
While the price growth of Pudgy Penguins and Cronos may indicate short-term opportunities, the BlockDAG project continues to actively evolve, emphasizing the importance of long-term plans for market sustainability.
