Pudgy Penguins Launches Web3 Mini-Game Pengu Clash Amid 8% PENGU Price Drop
Pudgy Penguins launched its Web3 mini-game, Pengu Clash, on The Open Network (TON) blockchain, featuring skill-based gameplay. CEO Luca Netz stated the game emphasizes competition over traditional earning models, allowing players to wager against each other. The project aims for brand expansion rather than direct monetization. Pudgy Penguins began in 2021 as an Ethereum-based NFT collection.
PENGU Price Analysis
- PENGU token dropped nearly 8% in the last 24 hours, trading at approximately $0.008938.
- Market capitalization stands at $561 million, ranking 101st among cryptocurrencies.
- Support levels show potential declines; if $0.0088 fails, next support is around $0.0082.
- Technical indicators suggest ongoing bearish momentum, with RSI approaching oversold levels.
Bitcoin Hyper Developments
- Bitcoin Hyper (HYPER) raised over $1.38 million in its presale.
- The project addresses Bitcoin’s transaction speed, fees, and smart contract limitations.
- HYPER tokens are priced at $0.011925 and are actively used within the ecosystem for transactions and staking.