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$PENGU
Fibonacci Levels in PENGU
- Point 0: 0.0200 USDT (support)
- Point 100: 0.0500 USDT (resistance)
- Weak support: 0.0294 USDT
- Moderate support: 0.0333 USDT
- Strong support: 0.0350 USDT
- Strong resistance: 0.0403 USDT
Analysis
- Current price: near strong support (0.0350 USDT)
- Next resistance level: 0.0403 USDT
- Next support level: 0.0333 USDT
Fibonacci Levels in PENGU
- Point 0: 0.0200 USDT (support)
- Point 100: 0.0500 USDT (resistance)
- Weak support: 0.0294 USDT
- Moderate support: 0.0333 USDT
- Strong support: 0.0350 USDT
- Strong resistance: 0.0403 USDT
Analysis
- Current price: near strong support (0.0350 USDT)
- Next resistance level: 0.0403 USDT
- Next support level: 0.0333 USDT
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Analysis of the Growth of Pudgy Penguins (PENGU):
Summary
Pudgy Penguins (PENGU) is a cryptocurrency that has experienced significant growth in recent months. Below is a detailed analysis of its growth.
Price growth
- In the last 30 days, the price of PENGU has increased by 34.6%.
- In the last 90 days, the price has increased by 121.1%.
- In the last 180 days, the price has increased by 241.9%.
Trading volume
- The daily trading volume of PENGU has increased significantly in recent months, reaching a peak of $162,878,204 in the last 24 hours.
Pudgy Penguins (PENGU) is a cryptocurrency that has experienced significant growth in recent months. Below is a detailed analysis of its growth.
Price growth
- In the last 30 days, the price of PENGU has increased by 34.6%.
- In the last 90 days, the price has increased by 121.1%.
- In the last 180 days, the price has increased by 241.9%.
Trading volume
- The daily trading volume of PENGU has increased significantly in recent months, reaching a peak of $162,878,204 in the last 24 hours.
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A proposal is launched for the Swiss National Bank to hold BTC
Swiss bitcoiners must gather 100,000 signatures by June 30, 2026, to call for a public referendum.
A proposal is launched for the Swiss National Bank to hold BTC
News
On December 31, the Swiss Federal Chancellery launched a proposal to constitutionally require the Swiss National Bank (SNB) to hold bitcoin on its balance sheet.
The proposal must gather 100,000 signatures to be submitted to a public referendum, according to Tether's Vice President of Energy and Mining, Giw Zanganeh, who helped launch the proposal with Yves Bennaïm, founder and president of the Swiss non-profit think tank 2B4CH, and eight other bitcoin advocates.
A proposal is launched for the Swiss National Bank to hold BTC
News
On December 31, the Swiss Federal Chancellery launched a proposal to constitutionally require the Swiss National Bank (SNB) to hold bitcoin on its balance sheet.
The proposal must gather 100,000 signatures to be submitted to a public referendum, according to Tether's Vice President of Energy and Mining, Giw Zanganeh, who helped launch the proposal with Yves Bennaïm, founder and president of the Swiss non-profit think tank 2B4CH, and eight other bitcoin advocates.
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I sold at the peak and bought more again during the drop.
$PENGU we stay until it goes to zero I can't withdraw now we have already lost a lot and I can't let it go now
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I also sold and I have already placed a buy order if it drops
$PENGU I sold, if it goes up more, well what can be done...
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Crypto.com freezes XRP deposit due to new law
The exchange anticipatorily applied the MiCA law which will come into effect on December 30 and regulates transactions with cryptocurrencies.
The law in question is Regulation (EU) 2023/1113, also known as the Travel Rule.
This law aims to combat money laundering in Europe.
Edward Farina, a crypto asset trader, reported how Crypto.com applied the travel rule to his XRP deposit in the exchange before the law came into effect in the European Union. The travel rule, officially named Regulation (EU) 2023/1113, seeks for additional information about those involved in a transaction to 'travel' alongside the transfer of funds with cryptocurrencies and digital money. This is part of the MiCA Law, a set of regulations that will determine how cryptocurrency exchanges will operate starting in 2025.
The law in question is Regulation (EU) 2023/1113, also known as the Travel Rule.
This law aims to combat money laundering in Europe.
Edward Farina, a crypto asset trader, reported how Crypto.com applied the travel rule to his XRP deposit in the exchange before the law came into effect in the European Union. The travel rule, officially named Regulation (EU) 2023/1113, seeks for additional information about those involved in a transaction to 'travel' alongside the transfer of funds with cryptocurrencies and digital money. This is part of the MiCA Law, a set of regulations that will determine how cryptocurrency exchanges will operate starting in 2025.
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The altcoin season is approaching as Bitcoin's dominance wanes
However, current data presents a complex picture. With a month-over-month decline of 6% in Bitcoin's dominance by mid-December, the drop in one month was the fastest since 2022. This shift aligns with the onset of an altcoin season, when other cryptocurrencies steal market share from Bitcoin at its expense.
Based on past trends and important signals pointing to notable altcoin movements in the next three to six months, reports from Crypto News Flash (CNF) suggest that this trend could herald a broader market rebound.
Based on past trends and important signals pointing to notable altcoin movements in the next three to six months, reports from Crypto News Flash (CNF) suggest that this trend could herald a broader market rebound.
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Can PENGU Challenge Dogecoin in the Meme Coin Race?
Penguins NFT
The PENGU token aims to compete with Dogecoin, backed by the popular Pudgy Penguins NFT ecosystem and a strong social media presence.
Pudgy Penguins seeks overall success through movies, TV shows, and video games, boosting PENGU's recognition in the cryptocurrency market.
The cryptocurrency market has witnessed several exciting events, with one of the most recent being the rise of PENGU, the Pudgy Penguins token. It all started with a listing on Binance that, practically overnight, quadrupled the token's price, thus transforming its value. Now, under Luca Netz's leadership, the token has an ambitious goal: to surpass Dogecoin's market capitalization.
The PENGU token aims to compete with Dogecoin, backed by the popular Pudgy Penguins NFT ecosystem and a strong social media presence.
Pudgy Penguins seeks overall success through movies, TV shows, and video games, boosting PENGU's recognition in the cryptocurrency market.
The cryptocurrency market has witnessed several exciting events, with one of the most recent being the rise of PENGU, the Pudgy Penguins token. It all started with a listing on Binance that, practically overnight, quadrupled the token's price, thus transforming its value. Now, under Luca Netz's leadership, the token has an ambitious goal: to surpass Dogecoin's market capitalization.
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PENGU Price Prediction
If the current uptrend continues, the price of PENGU could soon test $0.43, a key level that could pave the way for further gains. Breaking this resistance could see PENGU rise to $0.45 and even $0.50, marking a potential increase of 29.7% from current levels. This would further solidify PENGU's position as the largest memecoin on Solana.
However, as highlighted by the RSI and CMF, the uptrend may be losing strength, suggesting the possibility of a reversal. If this occurs, PENGU could test the support level of $0.37, and if that does not hold, the price could drop even further to $0.30.
PENGU price analysis. PENGU price analysis. Source: GeckoTerminal
In the worst-case scenario, a prolonged downtrend could push the price of PENGU as low as $0.229.
$PENGU
If the current uptrend continues, the price of PENGU could soon test $0.43, a key level that could pave the way for further gains. Breaking this resistance could see PENGU rise to $0.45 and even $0.50, marking a potential increase of 29.7% from current levels. This would further solidify PENGU's position as the largest memecoin on Solana.
However, as highlighted by the RSI and CMF, the uptrend may be losing strength, suggesting the possibility of a reversal. If this occurs, PENGU could test the support level of $0.37, and if that does not hold, the price could drop even further to $0.30.
PENGU price analysis. PENGU price analysis. Source: GeckoTerminal
In the worst-case scenario, a prolonged downtrend could push the price of PENGU as low as $0.229.
$PENGU
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This is what the charts look like after you sell a coin 😂.
Quoted content has been removed
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How the value of the iota cryptocurrency has changed in the last day
This digital currency is designed to be used as a means of payment through all devices that are part of a single network without additional transaction fees
ByInfobae News
Dec 25, 2024 07:46 a.m. AR
#IOTA It is not based on the blockchain like other cryptocurrencies, but on a Tangle architecture whose goal is to incorporate digital currencies into the Internet of Things. (Infobae)
IOTA is one of the virtual currencies that are revolutionizing the digital currency market, because unlike its competitors such as bitcoin or ethereum, it is based on a totally different technology than blockchain where there is no talk of mines or miners.
You may be interested in: Opening value of the dollar in Nicaragua this December 24 from USD to NIO
For financial experts, IOTA is an ambitious and very risky bet whose main objective is to incorporate digital currencies into a single network, the Internet of Things.
This digital currency is designed to be used as a means of payment through all devices that are part of a single network without additional transaction fees
ByInfobae News
Dec 25, 2024 07:46 a.m. AR
#IOTA It is not based on the blockchain like other cryptocurrencies, but on a Tangle architecture whose goal is to incorporate digital currencies into the Internet of Things. (Infobae)
IOTA is one of the virtual currencies that are revolutionizing the digital currency market, because unlike its competitors such as bitcoin or ethereum, it is based on a totally different technology than blockchain where there is no talk of mines or miners.
You may be interested in: Opening value of the dollar in Nicaragua this December 24 from USD to NIO
For financial experts, IOTA is an ambitious and very risky bet whose main objective is to incorporate digital currencies into a single network, the Internet of Things.