Pudgy Penguins Worth Prediction: PENGU Surges 31% To Flip WIF As Fifth-Largest Meme Coin — Is This Feathered Rival Poised To Pump Subsequent?

The Pudgy Penguins value surged 31% within the final 24 hours to commerce at $0.03798 as of 9:34 p.m. EST on buying and selling quantity that skyrocketed 117% to $1.4 billion.

PENGU jumped to a $2.3 billion market capitalization, flipping Dogwifhat (WIF) at $2 billion to develop into the Fifth-largest meme coin, based on CoinGecko. 

Pudgy Penguins Worth On A Sustained Bullish Rally

The Pudgy Penguins price on the 1-hour chart shows a parabolic rally, surging from a low close to $0.02552 on December 23 to its present stage of $0.03798, reflecting a formidable short-term bullish development. The chart reveals the Pudgy Penguins value respecting a rising trendline (dotted line), and powerful bullish candles help the upward momentum.

A flag-like construction is seen within the latter a part of the chart, suggesting a possible continuation of the rally if the PENGU value breaks above resistance. The 50-day Easy Shifting Common (SMA) (inexperienced line) at $0.03094 is trailing behind the worth, indicating a wholesome upward development with no fast risk from a crossover or breakdown.

The Relative Power Index (RSI) is at 71.72, getting into the overbought zone. This alerts sturdy shopping for momentum but in addition raises warning for a doable pullback because the rally matures.

PENGU/USDT Chart Evaluation (Supply: Tradingview)

Pudgy Penguins Worth Prediction

Given the parabolic development, if the bullish momentum persists and the Pudgy Penguins value breaks above the $0.040 resistance, the rally might prolong additional towards the $0.045-$0.050 vary.

Nonetheless, the overbought RSI signifies a danger of short-term exhaustion. A pullback to the $0.034-$0.032 area (close to the 50-day SMA) might happen, nonetheless preserving the general bullish construction intact. If the worth of Pudgy Penguins  breaks under $0.03094, the rally may lose steam and check the subsequent help close to the $0.026-$0.028 zone.

Because the Pudgy Penguins value goals for a continued surge, some buyers are turning to presale meme cash just like the newly launched Flockerz (FLOCK).

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

Flockerz Presale Amasses Over $7.7 Million – Solely 28 Days Left

Flockerz is quietly making waves with its spectacular presale efficiency and rewards system. With $7.7 million raised thus far, Flockerz is proving to be extra than simply one other meme coin, bringing to the crypto world its distinctive vote-to-earn (V2E) mannequin.

Even when the whole lot’s burning round you.

You are all the time okay once you’re with the flock! pic.twitter.com/dDeu98Flob

— Flockerz (@FlockerzToken) November 19, 2024

Most cryptocurrency tasks exclude buyers from key choices, however Flockerz takes a unique strategy with its V2E mannequin, which supplies $FLOCK token holders actual energy and rewards them for staying concerned within the ecosystem.

At any time when crucial choices are made about Flockerz’s future—like including new options—each $FLOCK holder will get a vote. This occurs by way of FlockTopia, Flockerz’s decentralized autonomous group (DAO).

The Flock’s electrical child! ⚡️

Flocktopia is the dominion of sunshine! 💙 pic.twitter.com/JiPYZpjgRH

— Flockerz (@FlockerzToken) December 21, 2024

When token holders vote, they earn additional $FLOCK tokens for his or her effort.

Along with V2E rewards, customers can earn passively by way of the platform’s staking mechanism, providing a sky-high annual yield of 354%.

Buyers thinking about 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, USDT, or a financial institution card.

Purchase earlier than the presale ends in barely greater than 28 days.

Buy FLOCK here.

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