Guild of Guardians

Pengu

Pudgy Penguins

The Pudgy Penguins token rose sharply on Sunday as its non-fungible tokens sales rose by almost 70%.&nbsp; 
Pudgy Penguins (<a rel="" href="https://crypto.news/price/pudgy-penguins/">PENGU</a>) price jumped by almost 17%, making it one of the best-performing cryptocurrencies. 
According to<a href="https://www.cryptoslam.io/pudgy-penguins" target="_blank" rel="nofollow"> CryptoSlam</a>, Pudgy Penguin’s sales rose by 68% on Jan. 5, making them the second-best performing NFTs after Guild of Guardians Heroes. The number of transactions rose by 85% to 13. 
As a result, the total sales of the <a href="https://crypto.news/a-complete-guide-to-nfts/" target="_blank">NFT</a> project rose to over $545 million, making it one of the most successful collections in the industry. All sales transactions rose to over 62,500, while all owners rose to 5,004.&nbsp; 
Pudgy Penguins’ sales rose by over 261% in the last 30 days to $104 million, possibly because of the PENGU airdrop, which happened on Dec. 17. 
 You might also like: <a rel="" href="https://crypto.news/berachain-linea-airdrop-odds-are-rising-on-polymarket/"> Berachain, Linea airdrop odds rise on Polymarket </a> 
Still, it is not clear whether the upward momentum will continue for Pudgy Penguins. <a rel="" href="https://crypto.news/nft-sales-drop-to-132m-pudgy-penguins-loses-steam/">Data shows its sales</a> dropped by double digits in the last seven days.&nbsp; 
Historically, many NFTs tend to lose momentum after a while. For example, once-popular NFT collections like Bored Ape Yacht Club and Mutant Ape Yacht Club have seen their floor prices crash in the past few months.&nbsp; 
Their sales have dwindled, with BAYC’s <a href="https://www.cryptoslam.io/bored-ape-yacht-club" target="_blank" rel="nofollow">sales falling</a> by 41% in the last 30 days. ApeCoin (<a rel="" href="https://crypto.news/price/apecoin/">APE</a>), the token created by Yuga Labs, has also crashed by over 95% from its all-time high.&nbsp; 
<h2 class="wp-block-heading" id="pengu-price-has-formed-a-double-top">PENGU price has formed a double-top</h2> 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="3574" height="1982" src="https://crypto.news/app/uploads/2025/01/PENGU-Price.png" alt="PENGU price" class="wp-image-14324797">
 <figcaption class="wp-element-caption">
 Pudgy Penguins Token | Chart by <a rel="" href="https://crypto.news/price/pudgy-penguins/">crypto.news</a>
 </figcaption>
</figure> 
The two-hour chart shows that the Pengu token has been in a steady uptrend after bottoming at $0.02286 in December. It has formed a series of higher highs and higher lows, and an ascending trendline that connects the lowest swings since Dec. 20.&nbsp; 
Pengu has also moved slightly above the key resistance level at $0.04080, its highest swing on Jan. 2 and invalidating that double-top pattern. 
The Pudgy Penguins token has now hit a key resistance at $0.0433, where it has formed another double-top pattern whose neckline is at $0.030. A double-top is one of the riskiest patterns in the market. 
Therefore, there is a risk that the Pengu price will suffer a big reversal unless it moves above the resistance at $0.043. On the positive side, a move above that level will raise the chances of the token hitting its all-time high of $0.04600. 
 Read more: <a rel="" href="https://crypto.news/sui-sours-by-over-1300-percent-from-lowest-level-2023/"> Sui resumes strong uptrend, soars by over 1,300% from lowest level </a>

Pengu price rockets as Pudgy Penguins NFTs sales hit $545m

目次

crypto.news

2025年1月5日公開の他の記事

Michael Saylor Backs Burning Bitcoin Keys to Boost Scarcity

3 Altcoins Ready to Beat Cardano in 2025

Ether may ‘struggle’ in 2025, SOL ETF odds rise, and more: Hodler’s Digest, Dec. 29 – Jan. 4

10 Top Coins for 2025: Get Ahead with These New Year Crypto Must-Haves

Economy 2025: Why Do Experts Anticipate A Global Recovery?

Kidnappings And Extortions: The Worrying Backlash Of The Bitcoin Surge

ニュースレターを購読して暗号資産の最新情報を毎日入手！