Token Launch

I’m genuinely impressed by the performance of both $PENGU and the entire Pudgy NFT ecosystem. Think about it: when $PENGU launched, it instantly added a few billion in market cap to the broader Penguin universe - a massive wave of new value that needed to be absorbed. Fast forward just half a year: $PENGU is pushing new ATHs, and the NFTs are back to pre-airdrop levels - showing no signs of slowing down. In just a few months, Luca didn’t just maintain value but grew the pie. Not only in market cap, but also in distribution, with over half a million $PENGU holders today. Abstract will be his next masterpiece. And I expect no different outcome. Because it’s not dilution as long as the pie keeps growing.

#PENGU# My current state is very poor. Let me share a bit of our previous chat. If I follow my earlier deductions, the penguin has already peaked and could go to 0.2.

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ETH technical analysis for 21 July 2025, based on live market data and current price action: Market Snapshot Ethereum is trading around $3,779, having peaked intraday at $3,848.63 before retracting toward $3,711.24. The asset remains strong after breaking through the $3,800 level, confirming robust bullish momentum. 🔍 Price Action & Trend ETH has rallied for nine straight days, marking its strongest month in three years with a surge over 50% since the start of July. The breakout above $3,800 signals a shift into a new bullish regime, reversing the downtrend since late 2024, and confirming higher highs and higher lows. Technical Setups & Patterns A breakout above $3,800 completes an inverse head‑and‑shoulders or wedge pattern on the daily chart, reinforcing bullish conviction. Price is now testing the upper boundary of an ascending channel—which extends from March—around $3,800–$3,850. Strong buying volume during the breakout supports the structural shift. Market Drivers Strong institutional inflows into spot ETH ETFs, totaling over $2–3 billion in recent weeks, are fueling the breakout. Whale accumulation, via large buys of $50 million+ at $3,700–$3,800, has tightened liquidity and strengthened support zones. Corporate treasury adoption is on the rise, with major public firms allocating a portion of reserves to ETH. Outlook & Scenarios Bullish Case Holding above $3,700–$3,800 supports a move toward $4,000–$4,200. A confirmed break above $4,000 could open the path to $4,500–$5,000 and even higher. Pullback Risk A retracement to $3,700 or $3,600 would be normal after such a run. Falling through $3,600 risks deeper correction toward $3,300–$3,400. Summary ETH has broken past $3,800, entering a bullish price structure backed by institutional and whale demand. Key levels to monitor are $3,700–$3,800 (support) and $4,000 (next resistance). A clean break and hold above $4,000 could trigger further gains. Meanwhile, weakness below $3,700 may lead to deeper pullbacks. Guided entries and strict risk control will be essential in navigating the next phase of this rally. #Crypto##BullRun##ETH Market Analysis##Crypto Market Insights##ETH#

$PENGU Summer. 🐧