PENGU worth prediction as merchants purchase iDEGEN, STX

The value of Pudgy Penguins (PENGU) fell amid promoting strain post-airdrop. The PENGU token trades 50% off its peak, however what do analysts say as merchants purchase iDEGEN (IDGN) and Stacks (STX)?

Pudgy Penguins worth prediction

Main crypto exchanges together with Binance, OKX and Bybit listed Pudgy Penguins (PENGU). This adopted the Pudgy Penguins airdrop of the official token to its NFT holders. With pleasure excessive, PENGU stormed to $0.068. Nevertheless, the value shortly slumped to $0.031.

This sharp sell-off additionally noticed the associated NFT’s ground worth dip, from about 33 ETH to 16 ETH. As for the crypto token worth, buying and selling quantity has continued to construct up and hovered round $2.6 billion up to now 24 hours. Pudgy Penguins’ market cap stood at round $2.1 billion.

Whereas most of the airdrop individuals offered off tokens and added to the large buying and selling exercise, analysts are saying PENGU could but bounce and explode. Crypto analyst Altcoin Sherpa shared the potential outlook on X.

Stacks worth outlook amid BTC spike

Stacks (STX) is a cryptocurrency mission seeking to carry Bitcoin DeFi to mass adoption.

Just lately, the layer-2 protocol unveiled its sBTC, a 1:1 BTC backed asset that unlocks decentralized finance on Bitcoin. It guarantees to carry DeFi to a brand new stage with the $2 trillion liquidity of the benchmark asset.

STX, the native token of the L2 has not too long ago surged amid BTC’s spike to a brand new all-time excessive. Now analysts say the robust help above $2 amid bullish momentum might despatched Stacks worth larger.

Crypto analyst Michael van de Poppe shared this prediction about Stacks:

“An enormous accomplishment for $STX. sBTC went reside, which is step one in direction of Bitcoin DeFi.  From a worth motion perspective, it’s nonetheless holding as much as important ranges, and I anticipate we’ll see a continuation in direction of the earlier excessive. It’s nonetheless purchase the dip season.”

iDEGEN worth prediction as AI brokers soar

On Dec. 18, crypto change Binance added AI agent tokens ai16z and AIXBT amongst these listed on the newly unveiled platform Binance Alpha. The market is upbeat this would possibly solely be the beginning of many extra AI agent tasks hitting the crypto change.

iDEGEN (IDGN) is a kind of seeing huge investor curiosity as consumers flock to its pre-market public sale.

Whereas an AI agent, iDEGEN has its personal distinctive trait. It’s a synthetic intelligence-powered mannequin whose coaching is totally uncensored. It learns solely from the posts of its followers on X, getting all it thrives on from the chaos of the degen neighborhood.

The native token IDGN has attracted big numbers. At $0.126, the presale worth is up greater than 100x since its preliminary providing worth of $0.00011. In simply three weeks, iDEGEN has raced to a presale increase of over $6.2 million.

Forward of its itemizing on exchanges in January, its worth might be means larger amid the AI agent supercycle. May iDEGEN outpace AI-related tokens ai16z, AIXBT, Fartcoin and GOAT?

Study extra concerning the mission right here.