Pudgy Penguins (PENGU) fell 14% in 24 hours, the largest loss among top 100 crypto tokens, driven by monthly unlocks releasing 712.4 million tokens worth $6.25 million. This increased selling pressure amid a broader altcoin market downturn and NFT sector weakness. PENGU price hit the 0.618 Fibonacci retracement level, a key support where a rebound could occur if bulls defend it, otherwise further declines may follow. The crash may be temporary as the market adjusts to unlocked tokens.
The Pudgy Penguins' PENGU token fell 14% as the overall cryptocurrency market weakened, particularly impacting high-risk altcoins. This decline reflects investor caution in volatile segments of the crypto space. The drop may influence traders to reas...
Midnight (NIGHT) led gains with a 5.64% rise to $0.0326 following a network upgrade that improved transaction speeds, boosting investor interest. Other altcoins like Quant (QNT), Provenance Blockchain (HASH), NEAR Protocol (NEAR), and Cosmos Hub (ATO...
Pudgy Penguins announced it is extending its collaboration with English soccer club Manchester City following the success of a limited-edition collectible and hoodie launched earlier this year. The partnership aims to create new experiences combining...
