The meme coin market has been unpredictable, with the token soaring to a moment and the next one goes bankrupt. $ Pengu, once the chunky penguin token, is no exception.
according to Data from CoinMarketCap$Pengu has experienced a 9.7% drop in the past 24 hours, leaving investors scrambling to find alternatives.
But, as one penguin slips, another bird flies. Enter Flockerz ($Flock), a new meme coin with a unique twist: a voting against the Irving system that turns holders into decision makers.
Pengu faces resistance of $0.025
Pengu has a resistance of $0.025 throughout the day, and despite multiple attempts, it is still impossible to violate that level.
A breakthrough beyond this could indicate a new bullish momentum that could push the price toward $0.0265.
On the downside, failure to keep above the Bollinger band below the $0.023 may result in further declines.
The one-hour chart shows that Penger is at a close to his short-term support level, and the moving average indicates a lack of strong directional bias.
The consistency between the simple moving average (SMA) and the exponential moving average (EMA) is close to $0.0238, indicating minimal volatility and neutral market sentiment.
The Bollinger band reflects a tight trade range between $0.0230 and $0.0251, with Pengu’s price close to the middle of the band. This setting points to reduced price volatility and a possible breakthrough.
The latest trade fair records 50.74K transactions, reflecting soft market activity.
As the token stabilizes within the range of stability, traders may wait for a clearer signal before taking on important positions.
Although the short-term outlook remains uncertain, Pengu’s ability to maintain its support level is crucial to identifying its next move.
Currently, market participants are cautious, focusing on signs that a stronger buying interest may ultimately determine the near-term direction of the token.
Investors will shift their focus to Flockerz ($FLOCK) because $Pengu still has scope.
Amid the prospect of being cautious about Pengu, traders seeking new opportunities may want to shift their attention to Flockerz ($FLOCK). Keeping distance from Pengu, Flockerz is preparing for its highly anticipated Exchange debut.
The project raised nearly $12.5 million through its pre-sale, which will end within 24 hours.
Flockerz has changed the meme coin space through its Vote (V2E) system, giving its community the ability to actively shape the future of the project. By holding $ flock tokens, investors receive both stakes in the project and rewards for participating in decision making.
V2E model allows $Flock of Sheep Holders vote on important proposals, such as fiscal component allocation and project strategies. Each vote receives additional tokens, creating a dynamic ecosystem, participating directly enhances influence and rewards.
Unlike passive putting into the system, Flockerz cultivates an active collaborative community that drives innovation within a decentralized framework.
If you don’t $Flock of Sheep Then you are not shooting in the flock 📈📈 pic.twitter.com/msnz8qgwhp
— Flockerztoken (@flockerztoken) January 20, 2025
Flockerz has attracted attention with its huge pre-sales and more than 35,000 followers on social media. In the case of pre-sale, $0.0066883 per token is sold for only 5 days, and early adopters can get a 257% APY reward before the end.
Buying $flock is easy. Simply visit the official Flockerz website, connect your wallet, and complete the purchase in a few simple steps.
For an enhanced experience, investors can use The best walletit provides a safe and seamless way to buy $flocks while also providing access to other promising pre-sales with its powerful launchpad feature.
Visit the flock here
