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#PENGUOpening 🐧 🐧 🐧 OVER 72% PENGU HOLDERS DUMP ALL TOKENS IMMEDIATELY AFTER LAUNCH. TK Research found that more than 72% of PENGU holders have sold or moved all their tokens immediately after the launch. This means only 18% are still holding onto their entire token supply. According to data from on-chain analysis firm TK Research, as many as 18.7 billion PENGU (PENGU) tokens have been claimed since the native token was launched, which amounts to 81,4% of its circulating token supply. The native token of the NFT collection Pudgy Penguins was launched officially on Dec. 17, listing on major exchanges such as Binance and OKX. The analysis revealed that 72.33% of holders have sold or moved all their PENGU tokens, while 3% sold 90% of their PENGU tokens and less than 1% of holders have sold or moved 75% of their tokens. On the other hand, nearly 18% of PENGU holders still choose to keep their tokens after the launch. But only 3% have bough more PENGU tokens. In addition, the on-chain analytics firm found that the average holder wallet has 19,300 PENGU tokens allocated.  Price chart for PENGU in the past 24 hours of trading, December 19, 2024 | Source: CoinGecko According to data from crypto.news, PENGU has gone down by nearly 9% in the past 24 hours of trading. It is currently trading hands at $0.03. PENGU has accumulated a market cap of $1.9 billion within just two days after its public release, placing the NFT native token in 71st place on the overall crypto leaderboard by market cap. Though, PENGU now has a daily trading volume of $2.06 billion, surpassing its market cap. On the day PENGU was launched, an unlucky trader bought $10,000 worth of PENGU tokens a few hours after it was launched. Unfortunately, the value of the token dropped, leaving the trader with PENGU tokens worth only $3. PENGU is the native token of popular Ethereum-based NFT collection Pudgy Penguin. The token’s launch was announced on Pudgy Penguin’s official account on Dec. 6, with a maximum token supply or more than 8 billion.
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#XRPPredictions 🔥🔥🔥🚀🚀🚀 6,800% XRP PUMP AWAITS FOR A PRICE OF $168 AS BITCOIN DOMINANCE FALLS AND ALTSEASON STEP CLOSER. Bitcoin dominance falls as BTC takes another market hit. Falling BTC prices means greater altcoin prices. Ripple’s XRP could pump to $168 after a 6,800% pump. Bitcoin dominance persists despite the current ongoing market dip that took the BTC price from $108,000 ATH to the current trading price of $101,000. In the eyes of some analysts this Bitcoin dominance is the reason behind the delay of altseason which is anticipated to lead to several new ATHs for popular altcoins. So far into the crypto bull cycle, many analysts believe that altseason has arrived earlier this cycle which lead to some altcoins like SUI and ONDO to already hit new ATHs. However, these altcoins and several others like XRP, ADA, SHIB, DOGE, and more continue to show incredibly bullish signs despite having already been pumped. Bitcoin Dominance Persists Delaying Altseason "WHY ARE ALTCOINS STILL NOT PUMPING?" "BITCOIN IS AT $105,000" Bitcoin Dominance. All we need for Altseason to begin is a Bitcoin Dominance reversal. Right now, it is at 57%. The 60-65% region was my max target range for Bitcoin Dominance this cycle.… — CryptoReviewing (@CryptoReviewing) December 18, 2024 This signals the start of a highly bullish altseason, the likes of which matches that of the parabolic altseason that took place in 2021. One analyst highlights that Bitcoin Dominance still persists as a score of 57%. The analyst highlights how this number has fallen from 62% marking the beginning of a reversal where altcoins will eventually take over. XRP Could Hit $168 After 6,8000% Spike He says that when this Bitcoin Dominance fully reverses, altcoins will go on to pump from 2x, 5x to 10x and ever higher giving their holders high returns in a matter of days and weeks. One such altcoin showing incredible promise for significant returns is Ripple’s XRP. XRP is one the path to see a climb of over 6,800 to hit $168.
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#Shibainuholder RIGHT TIME. SHIBA INU (SHIB) WHALES 🐋 MAKES $109M PROFIT ON SHIB, AMID PRICE DROP. A savvy SHIB investor turned $3,800 into $109M, selling 250 billion tokens recently. The whale’s early SHIB investment grew to $1.22 billion during the token’s all-time high. Shiba Inu’s price declined to $0.0000241, raising concerns about its short-term performance. Shiba Inu (SHIB) is proving it’s more than just a meme coin, turning heads with an impressive 153.3% price increase over the past year. Recently a savvy Shiba Inu whale has reportedly sold 250 billion SHIB tokens worth $6.05 million in the past few hours, reflecting an overall profit of $109 million. Early Investment Pays Off According to Lookonchain, a blockchain analytics platform, the whale’s journey with SHIB began on August 6, 2020, when they invested a small $3,800 to buy a massive 15.28 trillion SHIB token. However, this early investment proved to be a game-changer as SHIB’s value skyrocketed over time. At its peak, the whale’s holdings were worth $1.22 billion, marking one of the most profitable trades in the cryptocurrency market. Even after selling a significant portion of its holdings, the whale still holds 2.15 trillion SHIB tokens, valued at $52.18 million. Meanwhile, the overall profits from this venture total an impressive $109 million. Shiba Inu Price Update Shiba Inu (SHIB) is facing mounting pressure, with its price experiencing a 5.57% drop in the past 24 hours. Currently trading around $0.0000241, its market cap stands at $14.1 billion. This recent downturn has raised concerns about SHIB’s short-term drop. Technical indicators, such as the Bollinger Bands, suggest a potential price decline for SHIB in the short term. The lower band suggests that the token’s price could dip to $0.0000238, with a potential drop to around $0.0000228 as it seeks a local bottom. Despite the ongoing decline, SHIB is approaching its critical 50 EMA level, which could act as a turning point.
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#xrpsucess 🔥🔥 XRP JUMPS 13% AHEAD OF RIPPLE STABLECOIN LAUNCH. saw its price jump 21% over the last seven days and 13% over the last 24 hours, trading at $2.69 as of press time—just as the Ripple USD (RLUSD) stablecoin launches on the network. XRP was launched by the co-founders of Ripple Labs in 2012, but the company has gone to great lengths to stress that it is not the issuer of the token. Still, crypto traders know there’s a link and tend to consider good news for Ripple Labs, like its new stablecoin being approved by New York regulators, as an indicator that the XRP price will go up. Founder of Obchakevich Research Alex Obchakevich told Decrypt that “XRP has the largest growth over the past week among the top 10 cryptos” with its growth significantly overtaking Bitcoin’s 10% gain over the same timespan. “XRP has been consolidating in this bull flag for a while, but once it clears the $2.60 resistance, I think it’s off to the races, heading toward $4,” he added. Over-the-counter trading desk principal at Wintermute, Jake Ostrovskis, told Decrypt that “XRP has benefited from being 'known' in retail circles, whilst bullishness around the new U.S. administration is leading traders to front-run a potential ETF [exchange traded fund] launch.” The comments follow a late November filing by New York asset manager WisdomTree, making it the latest firm to register its interest in launched an XRP spot ETF product. Adam O'Neill, chief marketing officer at Bitrue exchange, told Decrypt that “with XRP ETFs also a likely event in 2025 we would anticipate a new all-time high for this coin by end of Q1 at the latest.” He also added that the platform expects “a boost in demand for XRP through 2025 because so many pieces are falling into place.” He highlighted how the firm’s battles against regulators “now appear to be a thing of the past” and XRP is “set to be a major beneficiary from Trump's pro-crypto administration.”
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#xrpsucess 🏆🏆🏆 CNBC RANKS XRP AS BIGGEST WINNER IN TRUMP- LED CRYPTO RALLY. XRP Outperforms the Broader Crypto Market In XRP news today, CNBC has closely followed XRP’s incredible performance, labeling the asset as the biggest winner of the Trump-led crypto rally. According to its recent analysis, CNBC claimed XRP has surged by 370% since Trump emerged victorious in the election. XRP Volume Soars 5.4% Currently, XRP is trading at $2.41, down 0.97% over the past 24 hours and 3.10% in the past week. Conversely, the token’s volume has increased slightly by 5.4% in the past day to $6.78 billion. Most of XRP’s trading in the past day occurred on Binance, with the exchange accounting for $884.13 million of the total volume. South Korea’s largest crypto exchange, Upbit, ranked in the second position, boasting $700.82 million in XRP volume. Coinbase and KuCoin followed suit, with XRP volumes of $407.86 million and $249.68 million, respectively.
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