PENGU and SPX6900 Prices Pump Despite Market Dip as New Meme Coin Wall Street Pepe Raises $35M

Christmas seems to be to possess come early for Bitcoin and Ethereum bears, as both main crypto assets possess dipped over the last several days. BTC has fallen by practically -13% since December 17, while ETH has dropped by a identical quantity at roughly -15%.

Most altcoins possess suffered more primary fates, with many tokens dropping by -30% or more in most fashionable days.

On the replacement hand, as the asserting goes, it’s time to purchase when there’s blood within the streets – and right here is additionally a key time to ranking strongly-performing cryptos that proceed thriving, even while the market panics. PENGU (the first payment token of the Elephantine Penguins NFT mission) and SPX6900 (a meme coin that satirises the S&P 500) are two such examples.

Each meme cash possess seen sturdy rises on the each day charts, while one other unique token referred to as Wall Avenue Pepe is turning heads having unbiased hit the $35 million ticket in its ongoing presale.

Breaking news More Success Incoming for PENGU?

Constructing on the fantastic world success of the Elephantine Penguins NFT series (a crypto-native mission that’s turned correct into a mainstream entertainment brand), the PENGU token has been topic to some controversy. As soon as the token launched on December 17, the flooring mark of the Elephantine Penguins NFT series plummeted by over 50%, wiping out the monumental mark positive aspects the series had made for the reason that early days of this month:

As the value of NFT collections is partly dependent on irregular win entry to to a brand, and the introduction of the PENGU token now plot that someone can put money into Elephantine Penguins at a more accessible mark level, this precipitous dip is understandable.

On the replacement hand, the PENGU token is making essential moves within the correct direction, breaking out of a descending triangle chart sample. PENGU is up over 30% within the past 24 hours alone.

As we’ll see within the value chart below, the predominant resistance level for PENGU ($0.07) is roughly double the token’s most fashionable mark:

This seems to be treasure the originate of a skill rally for PENGU, which is already a fantastic success below most fashionable market prerequisites. Time will show exactly where the value circulation goes from right here, but at least PENGU holders haven’t been left out within the icy.

The $PENGU prophecy roadmap

I don’t make the ideas ‍♂️

GCR does pic.twitter.com/3O3lttbXHB

— Lord Durden (@LordDurden) December 23, 2024

Breaking news SPX6900 Furthermore on the Up

While PENGU does its most reasonable to take off, SPX6900 is continuous to consolidate while bullish signals birth to emerge. The token is up over 20% within the past 24 hours, but the astronomical image is most reasonable indicated by the chart below:

Symmetrical triangle chart patterns tend to be thought to be ambiguous rather than bullish – but on this instance, we are in a position to see a most fashionable deviation below the inexperienced diagonal enhance line. This indicates a bullish resurgence, which catapulted the value into its greatest pump since slack November.

Purchase and Grasp #SPX6900

It serene has 200x within the tank

Certain I’m excessive

Assign 3-5% of your portfolio in it and Grasp for 1 Year

Will outperform ninety 9% of your gambles with Methodology less Stress

Thank me later pic.twitter.com/1hvMYOUKVe

— Murad (@MustStopMurad) November 27, 2024

Since that deviation level, the SPX6900 mark has remained unstable, present process but one other dip, adopted by one other pump. Right here is effectively now not a token for the faint of coronary heart, but many investors and merchants will serene ranking it preferable to the bearish mark circulation currently afflicting many of the crypto market. $1 remains basically the most a must-possess resistance level for SPX6900 investors to goal – and if we zoom correct into a lower time frame, we’ll ranking one other fascinating perception:

Even on the one-hour chart, SPX6900 has fashioned one other symmetrical triangle that indicates bullish strength. The mark is additionally consolidating below a skill breakout level – and basically the most fashionable chart sample has a deadline to unravel itself by exactly the level where 2024 ends and 2025 begins, correct the entire plot down to the hour of midnight.

While SPX6900 remains unstable, an fascinating meme coin presale has emerged in most fashionable weeks that some investors were rapidly to pour into.

Breaking news Wall Avenue Pepe Presale Hits $35M – Subsequent Breakout Meme Coin?

While so many crypto merchants and investors were struggling in opposition to the market within the past couple of weeks, Wall Avenue Pepe ($WEPE) has been breaking records. Its unbiased now not too long ago launched presale has hit $35m in around unbiased 3 weeks, making it among the fastest-growing ICOs correct now.

This uncommon unique meme coin mission will give token holders win entry to to particular trading insights, methods, and alpha calls that would possibly per chance well well possibly increase their chances of making better investment and trading decisions.

By becoming a member of the WEPE community, day to day merchants – usually thought to be the “fish” at the mercy of grand whales and predominant establishments – can became empowered and equipped with every thing they possess to win ahead and acquire.

Token holders will additionally be ready to enter weekly trading competitions, be half of the WEPE Military (a inner most community of insiders), and stake their WEPE tokens to generate passive earnings with impressive APY rates (currently 37%).

Frog meme coin initiatives treasure Pepe and Turbo possess already completed explosive success, and many investors appear to imagine WEPE would possibly per chance be subsequent.

Seek the recommendation of with Wall Avenue Pepe Presale

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