Pudgy Penguins Price Prediction: Fundstrat CIO Tom Lee Changes X Profile Picture To Pudgy Penguin As Traders Buy This AI Token With 20% Staking APY

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Pudgy Penguins Price
Pudgy Penguins Price

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The Pudgy Penguins price jumped 3% in the last 24 hours to trade at $0.03084 as of 2:10 a.m. EST on trading volume that dropped 20% to $1.18 billion.

The PENGU price rise comes as Tom Lee, the CIO of Fundstrat Capital, updated his profile picture on X to a Pudgy Penguin.

In addition, he shared several other Pudgy Penguin images since changing the photo, showing support for the project. In the hours following the move, the PENGU price saw a slight reaction, which could continue throughout the rest of the day.

Pudgy Penguins Price Prediction

The last seven days have seen the PENGU price soar from $0.02129 on July 11 to a resistance at $0.035. The price initially hit this resistance on July 16, but despite being rejected, it continued to retest and attempt to breach it. Since then, the token’s price corrected to a support at $0.030, with small fluctuations between this level and $0.031.

The meme coin’s Bollinger Bands have tightened over the last several hours, following last night’s price surge that took the PENGU price to $0.0320, which may be seen as a bearish signal by traders.

Pudgy Penguins Price Prediction

PENGU/USDT chart analysis (Source: TradingView)

The token’s Relative Strength Index (RSI) also saw strong fluctuations yesterday, surging up as traders started buying, and reaching the edge of the overbought zone at the value of 70. However, traders quickly started selling to take profits, causing the RSI to drop to 40.

In the early hours of Friday, the metric saw another increase, this time to the value of roughly 55, but since then, it started spiraling down again, suggesting that traders are not optimistic enough at this time to push it further up, despite the Fundstrat CIO’s recent support of the token.

Promising Alternative To Pudgy Penguins

With PENGU now struggling to grow, investors are turning to SUBBD Token (SUBBD) as one of the best new alternative investments. This is a new crypto, currently in presale, which will be a native token of the SUBBD platform.

The platform was created to be the new hub for content creators. It runs on top of a blockchain and utilizes AI to automate many day-to-day management tasks that content creators typically handle, thereby freeing them up to dedicate more time to their communities and explore new ways to monetize their content.

Meanwhile, investors who purchase the project’s token can also unlock multiple perks, including a 20% staking APY, early access to the platform, exclusive content viewing, and the opportunity to participate in the project’s governance.

The project’s ICO has been quite successful thus far, already raising over $819k, and rapidly advancing toward its first million. It has also attracted the attention of experts behind the crypto YouTube channel 99Bitcoins, which has over 723k subscribers.

In one of their videos, the channel’s experts predicted that SUBBD could be the next 100x crypto.

Given that the platform has already attracted the attention of over 2,000 top-earning creators who have a combined following of over 250 million fans, it could easily disrupt an $85+ billion industry.

If you wish to join others who bought SUBBD for only $0.05595 apiece, now is the time to participate in its ICO.

Visit the SUBBD Token website.

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