PENGU Pumps, FARTCOIN Regains $1 Billion Market Cap as Flockerz Meme Coin Pre-Sale Hits $8.4 Million

Although the last seven days have seen a drop in value for major cryptocurrencies and the cryptocurrency market in general, several coins are defying the recession. While bitcoin (btc) faces a red trend today, Pudgy Penguins (PENGU) and Fartcoin (FARTCOIN) are up 12.11% and 15.63%, respectively.

In addition to established meme coins, investors are showing their confidence in projects that have not yet reached their full potential and Flockerz (FLOCK) is receiving more attention than most. FLOCK has now raised over $8.4 million for the launch of its token and the world's first vote-to-win DAO, with just three weeks left before its pre-sale ends.

PENGU shows resilience and future growth potential

Pudgy Penguins is a brand born on Web3 that features nft collections, products, and a clothing brand, all themed around penguins. As of 2021, Pudgy Penguins gathered over 552,000 followers on their <a target="_blank" href="https://x.com/pudgypenguins” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>x (twitter) page, and the project has recently launched its own token, PENGU.

Designed to provide its holders with governance and utility rights, PENGU entered the market at a price of $0.003375 on December 17, but its price immediately skyrocketed to $0.05019 following the distribution of airdrop rewards to the Pudgy Penguins community and nft owners.

Although profit-taking caused its price to fall to the $0.027 level just one day after its launch, PENGU currently stands at $0.034, representing an increase of 573.53% since the day of its launch.

With its explosive entry into the market, PENGU managed to turn around BONK and take its place as the fourth largest meme coin. Although BONK has since regained its place, PENGU is just $100 million away from regaining it again, and crypto analyst 0xENAS believes it is capable of closing in on PEPE by early 2025.

<blockquote class="twitter-tweet”>

<a target="_blank" href="https://twitter.com/search?q=%24PENGU&src=ctag&ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>$HOSTAGE – a new narrative for a new year

Something I haven't really seen on the timeline despite being a clear market leader for multiple verticals (nft/consumer/meme?)

Pengu is basically a rehash of APE from yesteryear, except we have it working properly… pic.twitter.com/4BzTK7xCKh

—Eugene Ng Ah Sio (@0xENAS) <a target="_blank" href="https://twitter.com/0xENAS/status/1874098427329732773?ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>December 31, 2024

He believes that the launch of <a target="_blank" href="https://x.com/AbstractChain” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>abstract chainscheduled for this month and developed by Pudgy Penguins, it will act as a catalyst that will help propel PENGU to new heights, aiming for a target that exceeds its previous ATH.

Fartcoin Surpasses $1 Billion Market Cap by Outperforming Most Leading Meme Tokens

Fartcoin entered the market in October 2024, with a price of $0.00005908, and reached the level of $0.02 in November, with a market capitalization of $22 million. After crossing the $1 billion market cap milestone for the first time on December 19, the token reached its ATH of $1.30 the next day, but its value halved over the next three days.

Although it climbed back above the $1 billion market cap during the Christmas rally, boosted by a listing on Binance Futures, it spent most of the second half of December floating below that level.

Today, Fartcoin once again surpassed the $1 mark and $1 billion market cap, putting it well above its 50-day SMA, indicating strong potential for further gains. in the short term.

Market expert ChartLord believes that the previous drop and current price of Fartcoin are excellent buying zones, and predicts that the token will skyrocket to the $1.7 mark in the coming days.

<blockquote class="twitter-tweet”>

I'm still interested in this $Fartcoin https://t.co/0o8hII6q9s pic.twitter.com/zjbyAdgdg3

– ChartLord (@Call_me_Cypher) <a target="_blank" href="https://twitter.com/Call_me_Cypher/status/1874197635701366907?ref_src=twsrc%5Etfw” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>December 31, 2024

The token's technical indicators support that sentiment, with Fartcoin's long/short ratio of 1.27 showing a slight preference for long positions among traders. Furthermore, its 14-day Relative Strength Index (RSI) stands at 57.71, suggesting that the token has room to move higher without being overbought.

New Meme Flockerz coin reaches $8.4 million in pre-sale: 21 days left to join

flockerz is preparing for the launch of its token and the subsequent launch of its DAO, FlockTopia, which will distribute the world's first vote-to-win rewards to those who use it to vote on key project decisions.

To be eligible to receive rewards for voting and winning, users will need to hold FLOCK and cast their votes, which could make Flockerz a community-driven token. Currently, investors can obtain FLOCK with a credit or debit card or exchange their eth, BNB, and USDT for the token, which currently costs $0.0065823.

With 21 days left to join the pre-sale, investors also have plenty of time to bet on FLOCK and maximize their investment, with the project currently offering a staking APY of 327%.

Popular analyst Nass crypto, followed by over 1 million YouTube users, has pointed out the strength of the FLOCK community and its strong security, often called the two pillars of a meme coin's success.

Flockerz currently has over 28,000 subscribers across <a target="_blank" href="https://x.com/FlockerzToken” data-wpel-link=”exclude” target=”_blank” rel=”nofollow noopener noreferrer”>x (twitter)

As the end of the FLOCK pre-sale approaches, its price per token will increase in the following stages, leaving investors with limited time for a low entry point.

Visit the Flockerz pre-sale

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