Pudgy Penguins Worth Prediction: PENGU Plunges 13% As Buyers Pivot To This New Vote-To-Earn Meme Coin For Its 345% Staking APY

The Pudgy Penguins value plunged 13% within the final 24 hours to commerce at $0.03684 as of 11:14 p.m. EST, with buying and selling quantity dropping 13% to $932 million.

Pudgy Penguins Worth Set To Soar

The Pudgy Penguins value chart evaluation on the 1-hour timeframe shows a transparent upward value channel, suggesting a short-term bullish pattern.

The PENGU value has been respecting each the higher and decrease boundaries of the channel, creating greater highs and better lows. Nonetheless, latest candles present the worth testing the channel’s decrease boundary, hinting at weakening bullish momentum, in response to knowledge from GeckoTerminal.

The present Pudgy Penguins value of $0.03684 sits just under the 50 Easy Shifting Common (SMA) on the 1-hour chart, which can act as a dynamic resistance within the brief time period.

Furthermore, the Relative Power Index (RSI) is at 44.79, which is beneath the impartial degree of fifty, indicating slight bearish momentum within the brief time period. The RSI has additionally been declining steadily from overbought ranges, suggesting a possible continuation of the corrective section earlier than resuming any bullish motion.

The upward channel suggests the worth of Pudgy Penguins may proceed transferring inside its boundaries except a decisive breakout happens. If the Pudgy Penguins value holds the channel’s decrease boundary close to $0.03650, it may rebound in the direction of $0.03850 or the higher boundary of the channel round $0.04000.

However, if the PENGU value breaks beneath the decrease boundary and fails to reclaim the 50 SMA, the bullish construction could be invalidated. This might set off a bearish transfer in the direction of the help degree at $0.03500.

Because the Pudgy Penguins value goals for a rebound, traders are flooding into the brand new presale meme coin Flockerz (FLOCK).

In accordance with 99Bitcoins, a well-liked crypto channel on YouTube with over 706K subscribers, FLOCK has the potential to soar 100X after its launch.

Flockerz Raises $7.9 Million – Simply 26 Days Left

At the moment in presale, Flockerz introduces a novel vote-to-earn mechanism that empowers holders by granting them voting rights whereas providing substantial staking rewards. 

Flockerz differentiates itself by way of its authentic character and narrative, fostering engagement with its group, often called “The Flock.”

The venture facilities round “Flocktopia,” a DAO the place each holder positive factors affect and earns rewards by way of the vote-to-earn system. This method permits the group to form the venture’s route, reinforcing decentralization at its core. 

The flock is not messing round! Our Vote to Earn system is severe enterprise! 🐦👋 pic.twitter.com/mrWNyKrPy7

— Flockerz (@FlockerzToken) December 16, 2024

To this point, the venture has raised over $7.9 million, and the presale will finish in 26 days. Furthermore, traders who take part early can unlock entry to a 345% APY by staking their newly-purchased FLOCK.

Buyers excited by becoming a member of the presale can go to the official Flockerz web site to purchase FLOCK tokens at $0.00653 every utilizing BNB, ETH, or USDT. You may also make a purchase order utilizing your financial institution card. 

Buy FLOCK here before its presale ends.

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