Though the previous seven days noticed main cryptocurrencies and the broader crypto market drop in worth, a number of cash are defying the downturn. Whereas Bitcoin (BTC) faces a pink pattern right this moment, Pudgy Penguins (PENGU) and Fartcoin (FARTCOIN) are up 12.11% and 15.63%, respectively.
Apart from established meme cash, buyers are exhibiting their belief in initiatives which can be but to appreciate their full potential and Flockerz (FLOCK) is receiving extra consideration than most. FLOCK has now raised over $8.4 million for the launch of its token and the world’s first vote-to-earn DAO, with solely three weeks remaining earlier than its presale wraps up.
PENGU Reveals Resilience and Potential for Future Development
Pudgy Penguins is a Web3-born model that options NFT collections, merch, and a clothes model, all themed round penguins. Since 2021, Pudgy Penguins gathered over 552,000 followers on its X (Twitter) web page, and the mission has not too long ago launched its personal token, PENGU.
Designed to supply its holders with governance rights and utility, PENGU entered the market priced at $0.003375 on December seventeenth, however its worth instantly skyrocketed to $0.05019 following the distribution of airdrop rewards to the Pudgy Penguins neighborhood and NFT homeowners.
Though profit-taking noticed its worth drop to the $0.027 degree only a day after its launch, PENGU presently stands at $0.034, representing a 573.53% bounce since its launch day.
With its explosive entry into the market, PENGU managed to flip BONK and take its place because the 4th largest meme coin. Though BONK retook its place since, PENGU is simply $100 million away from flipping it once more, and crypto analyst 0xENAS believes it’s able to getting nearer to PEPE in early 2025.
$PENGU – a brand new narrative for a brand new yr
One thing I haven’t actually seen throughout the timeline regardless of it being a transparent market chief for a number of verticals (NFTs / shopper / meme?)
Pengu is mainly a rehash of APE again within the day, besides that we’ve bought a correct functioning… pic.twitter.com/4BzTK7xCKh
— Eugene Ng Ah Sio (@0xENAS) December 31, 2024
He believes that the launch of Summary Chain, scheduled to occur this month and developed by Pudgy Penguins, will act as a catalyst that may assist propel PENGU to new heights, pointing to a goal that exceeds its earlier ATH.
Fartcoin Surpasses $1B Market Cap because it Outperforms Most Main Meme Tokens
Fartcoin entered the market in October 2024, priced at $0.00005908, and reached the $0.02 degree by November, with a market cap of $22 million. After crossing the $1 billion market cap milestone for the primary time on December nineteenth, the token reached its ATH of $1.30 the day after, but it surely halved in worth over the following three days.
Though it soared again above the $1 billion market cap through the Christmas rally, fueled by a list on Binance Futures, it spent many of the second half of December hovering beneath that degree.
As we speak, Fartcoin crossed above the $1 mark and $1 billion market cap once more, which locations it properly above its 50-day Easy Transferring Common (SMA), signaling robust potential for additional short-term beneficial properties.
Market skilled ChartLord believes the earlier dip and Fartcoin’s present worth are glorious purchase zones, predicting the token will soar to the $1.7 mark over the following few days.
Nonetheless on this $Fartcoin https://t.co/0o8hII6q9s pic.twitter.com/zjbyAdgdg3
— ChartLord (@Call_me_Cypher) December 31, 2024
The token’s technical indicators help that sentiment, with Fartcoin’s lengthy/brief ratio of 1.27 exhibiting a slight choice for lengthy positions amongst merchants. Plus, its 14-day Relative Power Index (RSI) stands at 57.71, suggesting the token has room for upward motion with out being overbought.
New Meme Coin Flockerz Hits $8.4M in Presale – 21 Days Left to Be part of
Flockerz is getting ready for the discharge of its token and the next launch of its DAO, FlockTopia, which can distribute the world’s first vote-to-earn rewards to these utilizing it to vote on key mission choices.
To turn into eligible for vote-to-earn rewards, customers might want to maintain FLOCK and forged their votes, which may flip Flockerz right into a community-driven token. Buyers can presently get FLOCK with a credit score or debit card or swap their ETH, BNB, and USDT for the token, which presently prices $0.0065823.
With 21 days left to hitch the presale, buyers even have loads of time to stake FLOCK and maximize their funding, and the mission presently presents a 327% staking APY.
Fashionable analyst Nass Crypto, adopted by over 1 million YouTube customers, has identified the power of FLOCK’s neighborhood and strong safety, usually referred to as the 2 pillars of a meme coin’s success.
Flockerz presently has over 28,000 subscribers throughout X (Twitter) and Telegram, and its sensible contract’s code has been audited by Coinsult and SolidProof, two safety companies that discovered no threats to investor safety.
As the tip of FLOCK’s presale nears, its per-token worth will enhance within the following phases, leaving buyers with restricted time for a low entry level.
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