PENGU Price Performance and Relative Strength

Pudgy Penguins PENGU

Current Price

$0.0073 +6.30%

$0.0006 Daily Range (7.69%)

$0.0069$0.0075

$164.77M Daily Volume

2,251 BTC

Vol/MktCap: 35.73%

Resistance Zone

HTF: 53 (Neutral)

Market Performance

-1.83% 0.00000010 BTC

-2.14% 0.00000342 ETH

+6.28% 0.0073 USDT

+1.60% 0.00001112 BNB

-0.45% 0.0051 XRP

0.22% Relative BTC Volume

The total volume of Pudgy Penguins is $164.77M over the past 24 hours, compared to $75.03B total Bitcoin volume.

Hourly Moving Average

8 SMA $0.0071 +3.91%

13 SMA $0.0070 +4.39%

21 SMA $0.0070 +4.70%

55 SMA $0.0070 +5.15%

144 SMA $0.0069 +6.58%

+2.90% 1 Hour Change

$0.0073 from $0.0071

+2.05% 7 Day Change

$0.0002 from $0.0072

+4.31% 14 Day Change

$0.0003 from $0.0070

-6.10% 30 Day Change

-$0.0004 from $0.0078

December 17, 2024

$0.0684 -89.28%

-$0.0611 vs. now

$461.16M Market Cap

6,301 BTC

24H Change

25.51M USD +5.86%

349 BTC

Total Supply: 79.77B PENGU

62.86B PENGU Available

78.80% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.

Relative Supply Ratio

3,989.04 x BTC Supply

+3,838 more

3,989:1 supply ratio

RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.

Relative Trade Volume

22.99B PENGU traded over past 24 hours

36.57% of circulating supply A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.

Markets and Insights

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Pudgy Penguins AI Market Analysis

Pudgy Penguins (PENGU) is currently trading at $0.00727516, reflecting a 6.80% increase over the last 24 hours. The daily trading range has been relatively tight, with a low of $0.00675827 and a high of $0.00727439, indicating short-term volatility is under control.

Trading volume stands at 149,233,701, contributing to a volume-to-market cap ratio of 32.64%, suggesting active market participation. The consistent upward movement in the hourly moving averages—especially the 8 SMA at $0.0070 and the 21 SMA at $0.0069—indicates a bullish trend in the very short term.

The 1-hour RSI is currently at 66, nearing overbought territory, while the 7-day RSI is at 51, indicating neutrality. The price has appreciated by 8.77% over the past week, signaling short-term bullish sentiment, although the 30-day price change of -3.62% reflects longer-term weakness.

The current price is significantly below the all-time high of $0.068447, which suggests substantial upside potential if the market sentiment continues to improve. Given the recent upward movement and the relatively strong volume, there are indications of continued buying interest.

Considering these factors, a Buy rating is appropriate. The combination of short-term bullish momentum, active trading volume, and the potential for recovery towards the all-time high supports a favorable outlook for PENGU in the near term.

Updated 424 minutes ago.