Pudgy Penguins token, bless its little feathery heart, is looking a bit like it’s trying to stand up from a nap after plummeting almost 90% from its all-time high. π©
It managed to squeeze up to $0.011 on Friday, which is, like, a teeny tiny victory considering it was practically begging for change at its all-time low. π€
But here’s the thing, darlings: even though PENGU is trying to pull itself together, sales are taking a nosedive faster than a penguin on ice. π CryptoSlam says sales have tanked 55% in the last week, and the number of buyers is dwindling faster than my social life after a good curry.
It’s like a sad little penguin parade with nobody clapping. π’
And get this, monthly trading volume is looking more like a puddle than a tidal wave. π
Even ApeCoin, that OG NFT token, is having a bit of a meltdown. Itβs like the whole metaverse is having a collective existential crisis.
But hold on tight, because there might be a glimmer of hope for PENGU. Its futures open interest has taken a swan dive, which, historically, is a sign that things might be about to get interesting. π Maybe this is the moment PENGU finally waddles its way to the top. π§π
The price found a bit of a bottom at $0.0095, which it tried to break through about five times – it’s like it was saying “please, just let me stay down here!” πΉ
But itβs also been trapped under $0.01130, which is like being stuck in a revolving door that goes nowhere. π€·ββοΈ Maybe the bulls are just chilling, playing it cool, waiting for the right moment to pounce.
If PENGU manages to break free from this resistance, it could be looking at a 65% gain, which is basically a free trip to the Bahamas. ποΈ
So, there you have it, folks: a slightly chaotic, deeply sarcastic, and hopefully entertaining breakdown of PENGU’s price action.
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2025-02-14 20:52