Assalamu Alaikum
How are you? By Allah's grace, I'm doing very well. The meme coin that I will discuss today is Pudgy Penguins or PENGU for short. Pudgy Penguins' current rank is 59. It was launched just a few days ago and has reached rank 59. Pudgy Penguins' current price is $0.033692.
Although Pudgy Penguins is a meme coin, its specialty is that it has built a web3 community all over the world, so that everyone can connect together and through their Pudgy Penguins, there is a collection of all products here. Pudgy Penguins can be found on all sites including Binance, Bybit, OKX, Bitget. An update of Pudgy Penguins is that it has had 50 billion plus views on social media in the last few days. Apart from this, they have sold about 1.5 million toys. The activity that Pudgy Penguins is showing, it can be assumed that it will do very well among the meme coins. It has been down since it was listed, now is the time to buy Pudgy Penguins. The market structure of Pudgy Penguins is very good, it has not gone up or down that much. Pudgy Penguins will currently be around $0.030-0.035 for a few days, I hope it will go to $0.70-.80 when the market is stable. They have shops on various international e-commerce platforms around the world, including Walmart. You can also analyze yourself and hold Pudgy Penguins according to your own risk, I hope it can give a very good return. So now let's discuss the current market. The crypto market formed a sideway market in a circle before the last bullrun. Then the market went up. Currently, the market is forming a sideway market here, according to that we can expect Bitcoin to still have the possibility of coming to 85 to 86 thousand dollars if there is a big correction.
The scenario of the last bullrun is also seen here, which is almost the same. According to that, to fulfill the previous chart, Bitcoin will have to reach $85,000. But there is nothing to fear. In 2017, the bullmarket was down 36%, 29%, 33%, 38%, several times. Then it did a big pump. It is expected that this time too it will be the same. The target of the 2025 Bitcoin bullrun is $280,000. No matter how down the market is, every country in the world including Dubai is buying Bitcoin day by day. Dubai currently holds $40 billion worth of Bitcoin.
This has been confirmed by the owner of Binance through a post. There is nothing to fear where the world class number one country is holding Bitcoin continuously. I hope the market will slowly pump regularly.
Today's discussion concludes here. I hope you've found it interesting. Please share your thoughts on today's topic. Prayers for everyone. May everyone be well. Amen.
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Upvoted! Thank you for supporting witness @jswit.
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Pudgy Penguins and the current crypto market situation is a great post you have shared.
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