Pengu dives like sell penguin penguin, crash off the floor

Penguins token pudgi suffered a sharp turnaround this week, because dried demand for his non-fungible tokens was.

Penguins penguins (Pengu) Token pulled at low $ 0.0064, her lowest level of 24. March and 13.5% below this week high. He also rejected over 44% of his all the time.

Third parties data show that the demand for Pooden Penguins NFTS has declined significantly in recent months.

Toward KryptoslamPower penguins for sale is 72% in the last 30 days to $ 8.15 million, putting it as 10. The largest collection of NFTs according to sales volume. This means a steep drop in ranking for a project that once had the upper place.

It is predominantly collections such as yards, drkets, cryptopunks, the guild of the guardian and quantium cats. For example, the yard gave its sale at 70% in March to $ 56 million.

Meanwhile, Count Pudgi Penguins’ transaction dropped 61% to 419, while the number of customers and sellers decreased by 50% and 49%, respectively.

Penguins Penguins remains top NFT brand

Despite the recent decline, penguins penguins remains one of the most successful NFT collections until today. Its cumulative sales of stand is 615 million dollars, with almost 65,000 total transactions.

However, the sale of the NFT usually falls as hype. The annoying APE Yacht Club provides a comparable case because his lifetime sales reached 3.26 billion dollars, but recently fell its 30 days at just $ 6 million.

The Penguina Penguina floor price also collapsed in recent months. After the peak in the 34.8 ET in December, he fell to 9.85 Eth, according to Coingecko.

Pengu price analysis

The two-hour chart shows that the price of the pengua has withdrawn in the last few days. This withdrawal occurred after the coins rose to a key resistance to 0.0074 dollars, notable levels because it is along the rise channel shown in a black channel.

The token has been broken under the time of support at 0.0067 USD, the lowest swing from February 25. She also formed a bear flag and a pattern pattern of wedge, signaling potential potential further.

If this trend continues, the next level to view will be low at $ 0.0051-about 22% below the current price.