Pudgy Penguins Worth Prediction: PENGU Jumps 2% As Traders Flock To This Meme Coin Rival Presale With Simply Hours Left

The Pudgy Penguins worth jumped over 2% within the final 24 hours to commerce at $0.02367 as of 10:00 p.m. EST as traders slowly begin to accumulate the crypto.

In the course of the previous day of buying and selling, the PENGU worth was capable of attain a 24-hour excessive of $0.02732. It has since retraced to commerce at its present stage, doubtless resulting from revenue taking from merchants.

Pudgy Penguins Worth Resting On Help

4-hour chart for PENGU/USD (Supply: GeckoTerminal)

The Pudgy Penguins worth dropped out of an ascending channel that fashioned on its 4-hour chart over the weekend, and is now testing the $0.02395 help stage. Ought to it drop beneath this technical crutch within the coming few hours, the meme coin would possibly find yourself plunging to the next mark at $0.02202 within the brief time period.

The Pudgy Penguins worth sustaining a place above $0.02395 for the following 8 hours might result in a bullish turnaround. On this various state of affairs, merchants would possibly determine the crypto’s present worth as a purchase alternative, which might end in a climb in direction of the $0.02684 resistance. Continued stress from bulls would possibly even result in an increase to as excessive as $0.02942.

Technicals Warn A Pudgy Penguins Worth Correction Could Be In The Playing cards

From a technical perspective, Exponential Shifting Averages (EMAs) and the Relative Energy Index (RSI) on the 4-hour chart warn the Pudgy Penguins worth would possibly drop within the subsequent 24 hours.

RSI readings have dropped from 63 to 46, signaling a lower in purchaser power. What’s extra, the RSI’s plunge beneath the impartial 50 mark suggests sellers have taken management of the Pudgy Penguins worth as nicely. This shift in energy might result in a drop within the meme coin’s worth if bears select to benefit from their overpowering power over bulls.

In the meantime, the Pudgy Penguins worth has additionally fallen beneath each the 9 and 20 EMAs, which have been appearing as a dynamic help. Not solely are these momentum indicators now appearing as limitations for the meme coin’s worth, the shorter 9 EMA can also be collapsing in on the longer 20 EMA. Merchants would possibly see this narrowing hole as an indication of PENGU’s bullish momentum cooling off.

As PENGU exhibits early technical indicators of a correction, traders are speeding to purchase meme coin rival Flockerz (FLOCK) with simply hours left earlier than its presale ends. In line with standard YouTuber ClayBro, who has over 135K subscribers, FLOCK might be the following 10X alternative within the crypto market.

Unmatched Decentralization Coupled With A Robust Group Focus

Flockerz stands out within the crowded meme coin house that’s full of initiatives who falsely declare to be decentralized. Oftentimes, on-chain information exhibits that these initiatives are managed by a handful of people that maintain the vast majority of the token provide. 

With its vote-to-earn mechanism, Flockerz achieves an unprecedented diploma of decentralization, with the destiny of the undertaking’s future resting completely within the fingers of its group members. 

Every FLOCK holder has a say on selections starting from a change within the undertaking’s roadmap to potential development initiatives, and might have their voices heard within the undertaking’s decentralized autonomous group (DAO) known as Flocktopia.

By putting a vote in the course of the undertaking’s governance, FLOCK holders are rewarded with extra tokens. This is without doubt one of the greatest methods for traders to develop their holdings with out having to commerce on the open, and typically risky, open market. 

Along with serving to traders develop their FLOCK luggage, this monetary incentive will be certain that the group stays engaged with the undertaking in the long term, which is one thing even non-meme coin initiatives wrestle to get proper.

Flockerz Raises $14.1 Million In Presale – Simply 10 Hours Left Till Launch

Flockerz has had a really profitable presale stage, and has managed to lift greater than $14.1 million. With simply 10 hours left till the meme coin’s change debut, this shopping for frenzy is probably going to enter overdrive as traders attempt to place themselves as greatest they will earlier than the meme coin’s launch.

The Flocks partying till the final minute! 🐦🚀⚡️

14M Raised! 🔥 pic.twitter.com/tyWtFk7ZoI

— Flockerz (@FlockerzToken) January 26, 2025

Anybody that desires to get in on the bottom stage of the undertaking earlier than it’s too late can purchase FLOCK via the easy purchase widget embedded on the undertaking’s web site. Promoting at its itemizing worth of $0.0066883, FLOCK may be purchased with both crypto or financial institution card. As soon as bought, traders can even stake their FLOCK tokens for a aggressive 232% APY.

Purchase and stake FLOCK right here for the 232% APY earlier than its change debut in 10 hours.

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