Pudgy Penguins (PENGU) value fell on account of promoting strain after the airdrop. PENGU token is buying and selling down 50% from its peak, however what are analysts saying as merchants purchase iDEGEN (IDGN) and Stacks (STX)?

Stocky Penguin Worth Prediction

Main crypto exchanges comparable to Binance, OKX, and Bybit record Pudgy Penguins (PENGU). This adopted Pudgy Penguins airdropping official tokens to NFT holders. Pleasure mounted and PENGU soared to $0.068. Nonetheless, the value rapidly fell to $0.031.

This sharp decline additionally precipitated the associated NFT ground value to drop from roughly 33 ETH to 16 ETH. Relating to the value of crypto tokens, the buying and selling quantity continues to extend, hovering round $2.6 billion prior to now 24 hours. Pudsey Penguins' market capitalization was roughly $2.1 billion.

Though many airdrop members bought off their tokens and elevated large-scale buying and selling exercise, analysts say PENGU might nonetheless rebound and explode. Crypto analyst Altcoin Sherpa shared his potential outlook on X.

Stack value outlook amid BTC surge

Stacks (STX) is a cryptocurrency venture aiming for mass adoption of Bitcoin DeFi.

Not too long ago, Layer 2 Protocol introduced sBTC, a 1:1 BTC-backed asset that permits decentralized finance for Bitcoin. With $2 trillion in liquidity in benchmark belongings, it guarantees to take DeFi to a brand new stage.

L2’s native token, STX, has lately surged as BTC hits new all-time highs. At the moment, analysts are saying that sturdy assist above $2 might push Stax value larger amid bullish momentum.

Cryptocurrency analyst Michael Van de Poppe shared the next predictions about Stax:

“An incredible achievement for $STX. sBTC is now dwell. This is step one in direction of Bitcoin DeFi. From a value development perspective, it nonetheless maintains an vital stage and is heading in direction of earlier highs. I anticipate it to proceed. I’ll nonetheless purchase the dip season.”

iDEGEN value prediction on account of hovering AI agent costs

On December 18th, crypto alternate Binance added AI agent tokens ai16z and AIXBT to the tokens listed on the newly introduced platform Binance Alpha. Though the market is optimistic, this can be just the start of extra AI agent initiatives coming into crypto exchanges.

iDEGEN (IDGN) is likely one of the firms attracting vital investor curiosity as consumers flooded the pre-market public sale.

Though iDEGEN is an AI agent, it has its personal distinctive traits. This can be a mannequin powered by synthetic intelligence and the coaching is totally uncensored. It learns fully from the posts of its followers on X and thrives on all the pieces from the chaos of the degen neighborhood.

The native token IDGN attracted an enormous variety of folks. The pre-sale value is $0.126, a rise of over 100x from the unique public value of $0.00011. In simply three weeks, iDEGEN has raised over $6.2 million in pre-sales.

Its value might rise even larger amid a supercycle of AI brokers forward of its alternate itemizing in January. May iDEGEN outperform AI-related tokens ai16z, AIXBT, Fartcoin, and GOAT?

Study extra concerning the venture right here.