After BNB will this Altcoin Hit a New ATH Next?
Main Idea
Pengu, a Solana-based meme coin, has experienced significant price surges due to increased investor confidence and market activity, with potential for further growth if bullish trends continue.
Key Points
1. Pengu's price surged 19.26% daily and 38% over the past week, reaching $0.04448, nearing its all-time high of $0.05738.
2. Binance removed the 'Seed Tag' from Pengu, boosting investor confidence, especially among institutional players and large funds.
3. Pengu now has over 868,000 holders, contributing to its market momentum.
4. A breakout above the $0.046 resistance could lead to testing the all-time high, with potential upside to $0.055–$0.057 if trading volume remains high.
5. Risk perception for Pengu has decreased after Binance's tag removal, attracting larger investors.
Description
The post After BNB will this Altcoin Hit a New ATH Next? appeared first on Coinpedia Fintech News Pengu, the Solana-based meme coin, has stunned the market with a 19.26% daily surge and a staggering 38% jump over the past week. With its price currently at $0.04448, Pengu has re-entered the spotlight not just as a meme token but a cultural asset riding a wave of ecosystem and institutional catalysts. Pengu’s sharp rally comes as several bullish forces align. First, the token now boasts over 868,0...
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