PENG

Solana

Peng

Passive Income

Coin

<div class="insidebitcoins">
 The Peng price jumped 96% in the last 24 hours to trade at $0.8961 as of 03:12 a.m. EST on trading volume that surged to $13.95 million.
 Analysts like YouTuber Crypto Dose are predicting a 100X surge as the token aims to emulate the success of other Solana-based meme coins like WIF and SMOG, which have amassed huge market caps after parabolic price surges.
 
 <div class="rll-youtube-player" data-src="https://www.youtube.com/embed/oYsztdZ8tp0" data-id="oYsztdZ8tp0" data-query="feature=oembed" data-alt="🔥 Unbelievable! Peng Meme Coin Rockets to the Moon on Solana! 💥 Fastest Growth Ever! 🌕"></div>
 <noscript><iframe title="🔥 Unbelievable! Peng Meme Coin Rockets to the Moon on Solana! 💥 Fastest Growth Ever! 🌕" width="640" height="360" src="https://www.youtube.com/embed/oYsztdZ8tp0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
 </noscript>
 
 <h2 id="span-style-font-weight-400-peng-price-bulls-to-sustain-the-bullish-stance-span">Peng Price Bulls To Sustain The Bullish Stance</h2>
 <figure id="attachment_488788" aria-describedby="caption-attachment-488788" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-488788" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201115%20466'%3E%3C/svg%3E" alt="Peng Price Chart Analysis Source: Geckoterminal.com" width="1115" height="466" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/03/14/8eb71ec5d33a47529db690d22af190dd.webp 1115w, https://cdn.thebittimes.com/images/2024/03/14/8eb71ec5d33a47529db690d22af190dd.webp 300w, https://cdn.thebittimes.com/images/2024/03/14/8eb71ec5d33a47529db690d22af190dd.webp 1024w, https://cdn.thebittimes.com/images/2024/03/14/8eb71ec5d33a47529db690d22af190dd.webp 768w" data-lazy-sizes="(max-width: 1115px) 100vw, 1115px" data-lazy-src="https://cdn.thebittimes.com/images/2024/03/14/8eb71ec5d33a47529db690d22af190dd.webp">
 <noscript><img decoding="async" class="size-full wp-image-488788" src="https://cdn.thebittimes.com/images/2024/03/14/8eb71ec5d33a47529db690d22af190dd.webp" alt="Peng Price Chart Analysis Source: Geckoterminal.com" width="1115" height="466" srcset="https://cdn.thebittimes.com/images/2024/03/14/8eb71ec5d33a47529db690d22af190dd.webp 1115w, https://cdn.thebittimes.com/images/2024/03/14/8eb71ec5d33a47529db690d22af190dd.webp 300w, https://cdn.thebittimes.com/images/2024/03/14/8eb71ec5d33a47529db690d22af190dd.webp 1024w, https://cdn.thebittimes.com/images/2024/03/14/8eb71ec5d33a47529db690d22af190dd.webp 768w" sizes="(max-width: 1115px) 100vw, 1115px">
 </noscript>
 <figcaption id="caption-attachment-488788" class="wp-caption-text">
 PENGUSD Chart Analysis Source: Geckoterminal.com
 </figcaption>
 </figure>
 The Peng price has seen a dramatic rise in the last seven days, registering new highs every day. PENG bulls seem to have taken total control, driving the price only up through the confines of a rising channel.
 PENG is trading above the 50-day Simple Moving Average (SMA), which confirms the bullish sentiments of the PENG price.
 Additionally, the Relative Strength Index (RSI) is currently at 66, near the 70-overbought region. If the bullish momentum is sustained, the RSI could soar through the overbought region, a signal of intense buying pressure and continued investor optimism.
 <img decoding="async" class="alignnone size-full wp-image-488790" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201100%20231'%3E%3C/svg%3E" alt="PENG" width="1100" height="231" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/03/14/ce9ae43f230359b97ced06e44b41f784.webp 1100w, https://cdn.thebittimes.com/images/2024/03/14/ce9ae43f230359b97ced06e44b41f784.webp 300w, https://cdn.thebittimes.com/images/2024/03/14/ce9ae43f230359b97ced06e44b41f784.webp 1024w, https://cdn.thebittimes.com/images/2024/03/14/ce9ae43f230359b97ced06e44b41f784.webp 768w" data-lazy-sizes="(max-width: 1100px) 100vw, 1100px" data-lazy-src="https://cdn.thebittimes.com/images/2024/03/14/ce9ae43f230359b97ced06e44b41f784.webp">
 <noscript><img decoding="async" class="alignnone size-full wp-image-488790" src="https://cdn.thebittimes.com/images/2024/03/14/ce9ae43f230359b97ced06e44b41f784.webp" alt="PENG" width="1100" height="231" srcset="https://cdn.thebittimes.com/images/2024/03/14/ce9ae43f230359b97ced06e44b41f784.webp 1100w, https://cdn.thebittimes.com/images/2024/03/14/ce9ae43f230359b97ced06e44b41f784.webp 300w, https://cdn.thebittimes.com/images/2024/03/14/ce9ae43f230359b97ced06e44b41f784.webp 1024w, https://cdn.thebittimes.com/images/2024/03/14/ce9ae43f230359b97ced06e44b41f784.webp 768w" sizes="(max-width: 1100px) 100vw, 1100px">
 </noscript>
 Moreover, the Moving Average Convergence Divergence (MACD) also supports the bullish sentiment, as the moving average line (blue) crosses over the signal line (orange), which represents a bullish crossover. Investors often use a bullish crossover as an encouragement to add to their buys.
 The green bars on the histogram extend above the neutral line, which shows that the price is moving with positive momentum. The movement of the Average Directional Index (ADX), which is currently at 64, showing that the price is currently on a very strong bullish trend, supports this bullish momentum.
 <h2 id="span-style-font-weight-400-peng-price-prediction-span">Peng Price Prediction</h2>
 The Peng price <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> shows a sustained bullish trend to the upside as the bulls aim to soar the price, surpassing the upper boundary of the rising channel. Additionally, the MACD and the ADX offer some bullish prospects for investors who are willing to add their positions, with the target set at the next resistance level of $1.2.
 However, if the bears take charge of the price at this level, the price may go through a retrace back to the support zone at $0.5664, which coincides with the 50-day SMA.
 Meanwhile, as the PENG price continues to soar, investors are also buying $SMOG, a Solana-based meme coin that analysts say has the potential to surge 1000X. It also promises investors the greatest airdrop in history.
 <h2 id="span-style-font-weight-400-smog-pumps-643-in-a-month-best-meme-coin-to-buy-now-span">Smog Pumps 643% In A Month – Best Meme Coin To Buy Now?</h2>
 Smog is a new meme coin built on the Solana blockchain. It aims to surpass popular meme tokens like Bonk, WIF, and PEPE, an ambition reflected in its slogan, ”One Memecoin to rule them all!”.&nbsp;
 The airdrop, which has already started, promises to be bigger than Jupiter’s $700 million monster giveaway. Smog has allocated 35% of the total token supply to airdrop rewards.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 I received $SMOG airdrop on $SOL worth $5……..did you receive it too?
 Well I sold it on $JUP and the transaction went smooth after which I bought it back again with a larger amount of money 🙂
 How $SMOG has managed to go under the radar over the past one month baffles me 🤔 pic.twitter.com/lkGO7p1a03
 — Takes Crypt | ReformDAO (@Takes_ReformDAO) March 8, 2024
 </blockquote>
 
 The project focuses on community engagement, rewarding users for their participation in social media interactions, quests, and on-chain activities, including purchasing, holding, and staking the $SMOG token.&nbsp;
 With over 95,000 holders and more than 39,000 members on X, its popularity and attractiveness to investors are increasing daily.
 <h2 id="span-style-font-weight-400-rumors-suggest-bonk-s-founders-are-behind-smog-1000x-gains-span">Rumors Suggest Bonk’s Founders Are Behind Smog, 1000X Gains</h2>
 Rumors suggest that the team behind the successful projects, Bonk and WIF, also own this project.&nbsp;
 If these rumors are true, it means the project is supported by individuals with a proven track record of success, possessing the “winning DNA” necessary to drive Smog’s market cap beyond the $1 billion mark.
 This indicates significant growth potential from its current market cap of about $200 million.
 <img decoding="async" class="alignnone size-full wp-image-488795" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%202066%20616'%3E%3C/svg%3E" alt="smog price" width="2066" height="616" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/03/14/451dcf1ced3440bf70e9114bd0e90f7a.webp 2066w, https://cdn.thebittimes.com/images/2024/03/14/451dcf1ced3440bf70e9114bd0e90f7a.webp 300w, https://cdn.thebittimes.com/images/2024/03/14/451dcf1ced3440bf70e9114bd0e90f7a.webp 1024w, https://cdn.thebittimes.com/images/2024/03/14/451dcf1ced3440bf70e9114bd0e90f7a.webp 768w, https://cdn.thebittimes.com/images/2024/03/14/451dcf1ced3440bf70e9114bd0e90f7a.webp 1536w, https://cdn.thebittimes.com/images/2024/03/14/451dcf1ced3440bf70e9114bd0e90f7a.webp 2048w" data-lazy-sizes="(max-width: 2066px) 100vw, 2066px" data-lazy-src="https://cdn.thebittimes.com/images/2024/03/14/451dcf1ced3440bf70e9114bd0e90f7a.webp">
 <noscript><img decoding="async" class="alignnone size-full wp-image-488795" src="https://cdn.thebittimes.com/images/2024/03/14/451dcf1ced3440bf70e9114bd0e90f7a.webp" alt="smog price" width="2066" height="616" srcset="https://cdn.thebittimes.com/images/2024/03/14/451dcf1ced3440bf70e9114bd0e90f7a.webp 2066w, https://cdn.thebittimes.com/images/2024/03/14/451dcf1ced3440bf70e9114bd0e90f7a.webp 300w, https://cdn.thebittimes.com/images/2024/03/14/451dcf1ced3440bf70e9114bd0e90f7a.webp 1024w, https://cdn.thebittimes.com/images/2024/03/14/451dcf1ced3440bf70e9114bd0e90f7a.webp 768w, https://cdn.thebittimes.com/images/2024/03/14/451dcf1ced3440bf70e9114bd0e90f7a.webp 1536w, https://cdn.thebittimes.com/images/2024/03/14/451dcf1ced3440bf70e9114bd0e90f7a.webp 2048w" sizes="(max-width: 2066px) 100vw, 2066px">
 </noscript>
 Following a retracement, Smog is now surging to reclaim its all-time high, making it an opportune moment to invest in the project.&nbsp;
 Crypto analyst and YouTuber Jacob Bury predicts that Smog can potentially see an additional 1000x increase in value.
 
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/Rcret55qXC0" data-id="Rcret55qXC0" data-query="start=8&amp;feature=oembed" data-alt="BEST MEMECOINS TO BUY NOW!!??! (1000X Potential Cryptos!!??)"></div>
 <noscript><iframe title="BEST MEMECOINS TO BUY NOW!!??! (1000X Potential Cryptos!!??)" width="640" height="360" src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/Rcret55qXC0?start=8&amp;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
 </noscript>
 
 The best place to buy Smog tokens is on its official website here, where there is a 10% discount to the market price. You can also stake $SMOG tokens to earn a 42% annual percentage yield (APY).
 <h2 id="span-style-font-weight-400-related-news-span">Related News</h2>
 <ul>
 <li style="font-weight: 400;">Best Staking Coins to Buy in 2024 – Earn Crypto Passive Income</li>
 <li style="font-weight: 400;">Best Altcoins to Invest In: Unveiling Top Picks for Maximum Returns!</li>
 <li style="font-weight: 400;">Best Meme Coins to Invest in: Top Picks for Exponential Gains! 🚀</li>
 </ul>
 Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/peng-price-prediction-new-solana-meme-coin-peng-pumps-96-as-analysts-ask-if-it-s-the-next-wif-or-smog-tbt82529.html">https://thebittimes.com/peng-price-prediction-new-solana-meme-coin-peng-pumps-96-as-analysts-ask-if-it-s-the-next-wif-or-smog-tbt82529.html</a>
</div>

Peng Price Prediction: New Solana Meme Coin PENG Pumps 96% As Analysts Ask If it’s the Next WIF Or SMOG

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