Recent shifts in the cryptocurrency market are notable: Pudgy Penguins (PENGU) rises 20% in one day, and Chainlink (LINK) finds a new price level. Additionally, BlockDAG is achieving success with its mobile miner.
Pudgy Penguins (PENGU) Price Growth
The Pudgy Penguins (PENGU) price rally has gained 20% in just 24 hours due to a breakout from a symmetrical triangle, reaching levels not seen in months. At its peak, PENGU touched $0.379, but the RSI now sits above 81, indicating a possible pullback to the $0.031–$0.032 range before the next move.
Interest in Pudgy Penguins NFTs has surged as well, with the floor price jumping 16% to 16.75 ETH, approximately $63,500, making it the second-largest NFT collection by market cap.
Chainlink (LINK) Price Target Increases
Chainlink has seen an increase of 7% in the last 24 hours and is trending towards the $20 mark. This rally began when LINK reclaimed key Fibonacci levels, with the price now holding above the 0.618 line at $18.93. The next Chainlink price target of $22.30 is in play, with a further move to $26.50 possible if momentum remains strong.
BlockDAG: New Earnings Levels with X10 Rig
BlockDAG's X1 mobile miner continues to lead as the top mobile mining solution, already used by over 2 million users, allowing them to earn 20 BDAG a day. This week, BlockDAG will launch a demo showing how the new X10 rig connects to the X1 app, boosting earnings to 200 BDAG a day.
The rise of Pudgy Penguins and Chainlink highlights the ongoing interest of traders in cryptocurrencies. BlockDAG presents intriguing solutions for mining, accessible to a broad audience. As the market matures, crypto investors should keep a close eye on these trends.
