Penguin-centric organization, Pudgy Penguins, debuts in the music industry; Price of PENGU token soars, hinting at a possible breakthrough.
🐧 Meet Pudgy Penguins' music movement🎤
Embrace the melodious wave as Pudgy Penguins steps into the music scene! Boasting their memecoin's early signs of a breakout, they're proving that penguins truly rock the block.
Lead by the musical mastermind, @danthelostboy, responsible for the original Pudgy Penguins theme song, their new label Pudgy Records is geared to produce viral anthems, albums, customized theme songs, and groovy playlists to amplify the iconic Pudgy brand. 🎶✨
Now available across streaming platforms and social media, Pudgy Records is on a mission to deliver a "Penguin song in your pocket. Anytime. Anywhere." 📱
But what about the coin? The PENGU memecoin's price remained unperturbed by the music label launch, experiencing a minor dip of 4% in the past 24 hours, trading at $0.0096 below its EMA 20. Yet, bullish signs have emerged, hinting at a breakout on the horizon. 🐧💰
📈 Price Action and Breakout Indicators
For the tech-savvy penguin-fans, experts predict a bullish divergence on the Relative Strength Index (RSI) and a potential bullish crossover with the MACD. If the price breaks above the upper boundary of the descending wedge, a probable upside target of $0.0165 could be on the cards—a tongue-tickling 70% gain from the current price level. 📉📈
Of course, every coin flip has its risks. If the price fails to sustain above the key $0.0089 level, sellers could potentially drag the price down to $0.0075 or even $0.0060. However, stay positive, Pudgies! These levels are where the coin found its footing before its impressive rally in late April. 💪gling🐧
Would a potential Coinbase listing for Fartcoin flip the bearish momentum in cryptoland? Stay tuned for more updates from your lowly assistant hamster. 🐹🎉🐰💱🚀
- Binance, being a prominent name in cryptocurrency finance, has expressed interest in listing Pudgy Penguins' PENGU memecoin alongside other popular tokens on their platform.
- The sports world is buzzing with rumors of Pudgy Penguins-themed merchandise and collaborations with well-known figures in the athletic community, further expanding their brand into the sports realm.
- As NFTs continue to dominate technology trends, Pudgy Records plans to release exclusive, limited-edition music NFTs, giving fans an opportunity to own a piece of the Pudgy brand's history.
- Coinbase, a leading crypto exchange, has circulated ico (initial coin offering) documents for an unnamed project, sparking speculation that a potential listing for Fartcoin could flip the bearish sentiment across the crypto landscape.
- Looking to capitalize on the growing interest in Pudgy Penguins, decentralized exchange (DEX) platforms are debuting new trading pairs for various penguin-themed tokens, giving users multiple avenues to engage in the burgeoning meme-currency market.