Business
The price of Elephantine Penguins (PENGU) fell amid selling stress post-airdrop. The PENGU token trades 50% off its height, but what cease analysts snort as traders buy iDEGEN (IDGN) and Stacks (STX)?
Business Elephantine Penguins price prediction
Major crypto exchanges including Binance, OKX and Bybit listed Elephantine Penguins (PENGU). This followed the Elephantine Penguins airdrop of the reliable token to its NFT holders. With pleasure excessive, PENGU stormed to $0.068. Nonetheless, the price rapidly slumped to $0.031.
This sharp sell-off also saw the linked NFT’s ground price dip, from about 33 ETH to 16 ETH. As for the crypto token price, trading quantity has persisted to face up and hovered round $2.6 billion within the past 24 hours. Elephantine Penguins’ market cap stood at round $2.1 billion.
While most of the airdrop participants equipped off tokens and added to the massive trading sigh, analysts are announcing PENGU could maybe well also yet jump and explode. Crypto analyst Altcoin Sherpa shared the skill outlook on X.
Business Stacks price outlook amid BTC spike
Stacks (STX) is a cryptocurrency project taking a explore to bring Bitcoin DeFi to mass adoption.
No longer too lengthy within the past, the layer-2 protocol unveiled its sBTC, a 1:1 BTC backed asset that unlocks decentralized finance on Bitcoin. It promises to bring DeFi to a original level with the $2 trillion liquidity of the benchmark asset.
STX, the native token of the L2 has not too lengthy within the past surged amid BTC’s spike to a original all-time excessive. Now analysts snort the mighty assist above $2 amid bullish momentum could maybe presumably despatched Stacks price increased.
Crypto analyst Michael van de Poppe shared this prediction about Stacks:
“A massive accomplishment for $STX. sBTC went are residing, which is the most predominant step in the direction of Bitcoin DeFi. From a price action standpoint, it’s aloof keeping as a lot as fundamental phases, and I quiz we’ll research a continuation in the direction of the earlier excessive. It’s aloof buy the dip season.”
Business iDEGEN price prediction as AI agents waft
On Dec. 18, crypto alternate Binance added AI agent tokens ai16z and AIXBT among those listed on the newly unveiled platform Binance Alpha. The market is upbeat this could increasingly maybe well completely be the open of many more AI agent initiatives hitting the crypto alternate.
iDEGEN (IDGN) is one among those seeing massive investor passion as buyers flock to its pre-market auction.
While an AI agent, iDEGEN has its maintain uncommon trait. It’s an man made intelligence-powered mannequin whose practicing is fully uncensored. It learns utterly from the posts of its followers on X, getting all it flourishes on from the chaos of the degen community.
The native token IDGN has attracted broad numbers. At $0.126, the presale price is up greater than 100x since its initial providing price of $0.00011. In barely three weeks, iDEGEN has raced to a presale elevate of over $6.2 million.
Before its itemizing on exchanges in January, its price will seemingly be manner increased amid the AI agent supercycle. Might maybe well well additionally iDEGEN outpace AI-linked tokens ai16z, AIXBT, Fartcoin and GOAT?
Learn more in regards to the project right here.
