Join Our Telegram channel to stay up to date on breaking news coverage
The Pudgy Penguins price slid 10% in the past 24 hours to trade at $0.0403 as of 1:27 a.m. EST, with trading volume dropping 30% to $1.78 billion.
Despite the slight drop, PENGU is still up 311% in the last month. Can the bulls recover from this drop to sustain the uptrend?
Pudgy Penguins Price Still Bullish Despite The 10% Drop
The PENGU price on the 4-hour timeframe exhibits a strong and well-defined rising channel pattern, with the asset respecting both the upper resistance and lower support trendlines since late June.
The Pudgy Penguins price has been making higher highs and higher lows, confirming the presence of a sustained bullish trend.
After a brief consolidation around $0.028–$0.032, Pudgy Penguins price action surged again and touched the upper channel boundary near $0.045, as GeckoTerminal data shows.
The price of PENGU is currently undergoing a minor correction from that local top, pulling back toward the midline of the channel around $0.040, while remaining inside the bullish structure.
Meanwhile, the price of Pudgy Penguins has consistently traded above both the 50 and 200 Simple Moving Averages (SMAs), indicating a sustained bullish trend for PENGU.
The Relative Strength Index (RSI) currently sits at 56.17, indicating neutral-to-moderate bullish momentum. It is neither overbought nor oversold, which leaves room for further upward movement.
If PENGU maintains support near the midline of the channel and above the 50 SMA, a continuation to the top of the channel is likely, potentially targeting the $0.046–$0.048 range.
However, a breakdown below the lower channel boundary and the 50 SMA would be the first early warning of trend exhaustion.
In that case, the Pudgy Penguins price could correct toward the $0.0325 zone, where prior consolidation occurred.
Meanwhile, investors are piling into a new meme coin called TOKEN6900 (T6900), which, according to Jacob Bury, a popular crypto YouTuber with over 57k subscribers, could soar 10X after launch.
TOKEN6900 Presale Races Past The $1 Million Milestone – Next 10X Crypto?
In less than a month after its presale went live, TOKEN6900 has garnered over $1.07 million in early funding as it rushes towards the $2 million milestone.
The project is a new anti-S&P 500 market top of pure crystallized collective meme-fueled delusion. Unlike other meme coins, the T6900 presale embodies fairness and sustainability from the outset.
TOKEN6900 is brain rot personified. Inspired by 2000s nostalgia and ’69 energy, it makes it clear that it has no utility.
It doesn’t track GDP, oil reserves, or corporate earnings. Instead, it tracks what it calls “vibe liquidity.” It’s not built on fundamentals but rather on delusion, irony, and the collective hallucination of terminally online traders.
🔥 MemEconomy: 🔥
🔸 TOKEN6900 lit up the memecoin scene today with a massive presale launch, thrilling traders chasing the next 1000x winner in a surging crypto market 🚀
🔸 Entering a $55B arena, TOKEN6900 is feeding off high volatility and strong institutional interest,… pic.twitter.com/AXQ6t0dMio
— Crypto Zone 🆇 (@cryptozone_x) July 2, 2025
However, it has a hard cap of $5 million and a massive 80% of the total token supply up for sale during its ICO.
The token is built on the Ethereum blockchain and is designed to turn collective brain rot into a tradable ticker.
Priced at $0.0067, you can buy T6900 tokens with ETH, BNB, USDT, USDC, or a bank card. The end price is $0.007125, so there’s no time to lose before the price starts to rise and the hard cap is reached.
For passive income, investors can also buy and stake T6900 tokens for a 57% annual percentage yield (APY).
Investors seeking the best presale deal will want to buy before the next ICO price hike, which is scheduled to take place in under 2 days.
Related News:
- PUMP Plummets To A New All-Time Low As Investors Turn To This Trading Bot Token
- XRP Plunges 8% As Experts Say This Wallet Token Is The Best Crypto To Buy Now
- New Cryptocurrency Releases, Listings, & Presales Today
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
