$PENGU is showing real strength. Whales were dumping, but the price only dropped to 0.029 — it kept grinding higher. That’s strong buy pressure. Korean whale just bought over 900m tokens, nearly 4% of the circulating supply. Looking to retest 0.045, possibly a run to new ATH. 🐧
Today, $Blur rose by 30%. I also took a glance at the #NFT blue chips, which are quietly rising as well. The monthly bird has already doubled from the bottom. @opensea posted about @moonbirds, and Eth has surged significantly in this wave. Moreover, the NFT sector has been quiet for too long, so a market movement is highly likely to come.
Whether it's the small images or the coins, the performance of the penguins has been very strong this time. $PENGU seemed to be facing a sell-off from the team a few days ago, but the price didn't drop at all; instead, it has become more stable. In recent days, whale wallets have been buying up aggressively, with a major Korean investor purchasing over 900 million tokens, accounting for nearly 4% of the circulating supply. The buying pressure is strong.
There are rumors in the market that "PENGU NFT Mixed ETF" is under application, and the SEC has confirmed receipt, so everyone is watching to see if it gets approved.
In the past 7 days, it has risen nearly 90%, stabilizing around 0.029, and is now preparing for a second push to 0.045.
This wave could truly be the main upward trend for $PENGU, with the potential to hit an ATH. A few days ago, I added some at 0.029.
Image 1: Pudgy Penguins NFT candlestick chart
Image 2: Moonbirds NFT candlestick chart
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