Pengu Rillies Adid Uptbit Listing and Surge in NFT sales

Pengu continued his rally, after providing an inclusion in South Korie CRIPTO Exchange Upbit.

According to data from Cripto.NEVS, PUDGI PENGUINS (Pengu) Over 23% to hit Intradai High of $ 0.015 May 9. Maja, marking 300% gain from monthly low. Meanwhile, its 24-hour trading volume increased almost 100% to $ 500 million.

The Token Market Cap now sits at 972 million dollars, and inches only $ 28 million style of a milestone of a billion dollars.

The key catalyst behind this move was an upbit, a crypto cripto struggle based on Birt-1 in South Korea, which listed Pengu on his aphid platform for trade.

Activity in pingva derivatives on spychar derivatives after the termination of Bithumba. The data from coigsia show that the open interest in Pengu Futures spread 30% in the last 24 hours, reached almost $ 136 million.

Further, the data show that Penggi Penguins’ The sale of the NFT is also growing. Toward data From Cripto Slam, NFT Sales is a 760% point out in the last 24 hours, in the last 24 hours, on the rise of 617,081 dollars, and making Penguins 8. The most popular NFT collection globally at the time of writing. The activity of the transaction also climbed, and sales numbers jump 200% to 24 and customers increased by 320% to 21.

Pengu’s rally is also supported by growth Hype around solanic meme coins. The entire sector of the Meme coins executed 28.7% in market capitalization during last day, over 12.1 billion dollars.

This wider increase in meme in coins is largely driven Bitcoin’s branch above $ 100,000Marking his first transition of that transition from February, who violated the Bikovsko feeling over the crypt market.

Pengu price analysis

Looking at the charts, Pengu erupted from downward parallel channel samples on a four-room / USDT chart, a move that is usually seen as a signal for reversing the bakery in technical analysis.

Swing indicators Back up. Aroon Up Sedi high at 92.86%, while Aroon Down Pause for 28.57% is signaling that customers are currently on control.

Adding a set for Bullish, the SuperTrend indicator has broken green, strengthening positive momentum.

Aligning with these signals, Pengu could set sights to the next major obstacle: the level of psychological resistance to $ 0.021, the price struggling to reject from February.

If the bulls can pass this level, the next station could be about $ 0.022, key resistance to support before it is previously in January.

At the time of pressure, Pengu pangs several of her earlier gains and traded $ 0.014 per coin. Such volatility is expected as hyperci around higher development, and the market often enters them on their real appearance.