In Brief Coinbase announces listing of POPCAT and PENGU on the Solana network, triggering sharp price rallies. POPCAT surged over 25%, while PENGU saw a 12% increase in value post-listing announcement. The “Coinbase Effect” drives initial price surges, but sustainability of these gains remains uncertain. Coinbase, the third-largest centralized exchange by trading volume, has announced…
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In Brief PENGU surged over 9%, reclaiming a $2 billion market cap and tightening its race with BONK for Solana’s top meme coin spot. ADX at 15.5 indicates weak trend strength, signaling consolidation as PENGU tries to establish a clearer upward momentum. RSI rose sharply to 49.8 from oversold levels, suggesting improving buying interest but…
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In Brief PENGU price drops 10% in 24 hours as momentum slows; RSI falls from 70 to 52.3, signaling reduced buying pressure. ADX rises to 36.6, indicating stronger bearish trend potential; selling pressure increases as +DI weakens and -DI gains. PENGU risks falling below $0.034 support; renewed hype could target $0.0439 resistance and push prices…
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In Brief PENGU token dropped 50% following its Solana airdrop launch. Pudgy Penguins NFTs also saw a sharp decline in floor price as holders sold off. Over 20% of PENGU’s supply was liquidated, reflecting $9.3M in sell-offs. The Pudgy Penguins ecosystem token, PENGU, launched on Solana this Tuesday, soaring into the top 100 cryptocurrencies by market…
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