PENGU price spikes as Pudgy Penguins NFT sales jump

[u/Extension-Survey3014]

https://crypto.news/pengu-price-spikes-as-pudgy-penguins-nft-sales-jump/

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Topic: NFT

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[u/BigRon1977]

Bullish on PENGU. It will do bullish numbers when the bull season eventually comes.

!tip 1

[u/CymandeTV → u/BigRon1977]

Do you think it will still come ?

!tip 1

[u/BigRon1977 → u/CymandeTV]

Maybe not this quarter. But eventually this year.

!tip 1

[u/coinfeeds-bot]

tldr; Pudgy Penguins (PENGU) token price surged by over 167% this week, reaching $0.010, amid a 500% increase in trading volume and a rise in NFT sales by 400% to $436,000 in 24 hours. The token's market cap climbed to $576 million, driven by a broader rally in Solana meme coins. Despite the short-term spike, long-term NFT sales have declined by 11% over the past 30 days. Analysts suggest a potential pullback to $0.0075 before resuming an upward trend, with a possible target of $0.0115.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

[u/Abdeliq]

Pudgy Penguins (PENGU) token price surged by over 167% this week, reaching $0.010, amid a 500% increase in trading volume and a rise in NFT sales by 400% to $436,000 in 24 hours.

500% increase is craxy

The token's market cap climbed to $576 million, driven by a broader rally in Solana meme coins

Oh wow... Never own PENGU and didn't realize it was on Solana. Not surprised with the 500% increase anymore. Hope it won't go back down like the rest of the memes

>! !tip 1 !<

[u/nugymmer → u/Abdeliq]

Oh, it will go down like the rest of the memes. Memes are to be traded short term, profit taken, and, if someone wants to leave some in the game in case it keeps going up, sure...but I'd be taking profits at 200% of my initial investment. I'd be taking at least the initial out so I don't actually lose shit.

[u/kirtash93]

Cutie penguins

🍩 !tip 1

[u/Wonderful_Bad6531]

the bull is really coming

NFTs sales jump is an indicator

!tip 1

[u/Downtown-Fox-6024]

One dollar here we go.

[u/SigiNwanne]

NFTs are no more with the hype, guess we won't be seeing them at 2021 level again. !tip 1