• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Pudgy Penguins Price Decline: What's Next?

Pudgy Penguins Price Decline: What's Next?

user avatar

by Giorgi Kostiuk

a year ago

The cryptocurrency Pudgy Penguins has fallen over 6% in the last 24 hours as investors cut back, bringing the price down to $0.01034.

Pudgy Penguins Price Consolidation

The Pudgy Penguins price has been in a tight range between $0.00900 and $0.01098. GeckoTerminal data indicates this sideways movement could lead to a significant move soon. In a bullish scenario, a break above $0.01098 might result in further gains, while a bearish case could see a drop to $0.00628.

Technical Analysis: Moving Either Way

Technical indicators on PENGU’s 4-hour chart display uncertainty. The Relative Strength Index (RSI) and Exponential Moving Averages (EMAs) show balance between buyers and sellers. Traders wait for clearer signals, such as RSI moving above 60 or EMAs diverging.

A New Project Simplifying Meme Coin Investing

Meme Index offers investment baskets based on risk levels for meme coins. Gaining traction ahead of a $4 million presale, buying MEMEX may increase portfolio diversification and project involvement.

With no clear direction, Pudgy Penguins' price may swing either way. Investors may consider simplified meme coin projects to manage risks.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Divergence Between Spot Market Weakness and Derivatives Optimism

chest

Divergence Between Spot Market Weakness and Derivatives Optimism

user avatarTenzin Dorje

Canton Town Board Proposes Temporary Moratorium on Data Centers and Crypto Mining

chest

Canton Town Board proposes a temporary moratorium on data centers and crypto mining to evaluate their impact on local infrastructure.

user avatarBayarjavkhlan Ganbaatar

PWC Establishes Itself in the PayFi Ecosystem

chest

PWC (PayWithCrypto) is becoming a key player in the PayFi ecosystem by linking crypto payments with real-world merchants, enabling stablecoin transactions while allowing merchants to receive local fiat currency.

user avatarMohamed Farouk

Bermuda Leads the Way with Onchain National Economy

chest

Bermuda announced its plans to become the world's first fully onchain national economy, integrating stablecoin payments and digital wallets for local businesses.

user avatarKenji Takahashi

Bitcoin Market Indicators Show Cooling Trend Ahead of Potential Bottom

chest

Onchain data suggests that Bitcoin has not yet reached a true bottom, as net unrealized profit-loss (NUPL) remains above zero, indicating that the market is still net in profit despite recent drawdowns.

user avatarElias Mukuru

Brian Armstrong Advocates for Onchain Public Offerings

chest

Coinbase CEO Brian Armstrong advocates for startups to go public entirely onchain to ease capital formation and enhance economic freedom for entrepreneurs.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.