Pudgy Penguins Boosts PENGU Token With Strategic Suplay Inc. Alliance

Pudgy Penguins Boosts PENGU Token With Strategic Suplay Inc. Alliance

The PENGU token, linked to the Pudgy Penguins project, has recorded a 17.59% increase over the past 24 hours, reaching a price of $0.03341 following the announcement of a strategic partnership with Suplay Inc., a company specializing in collectibles. According to market data, the rise is accompanied by high trading volume and a favorable technical structure characterized by higher highs and higher lows.

The partnership between Pudgy Penguins and Suplay Inc. aims at international expansion, focusing on the Asian region, considered a major hub for the collectibles market. This collaboration has attracted investor attention, giving a positive boost to the NFT project.

On the technical side, support is found between $0.0300 and $0.0305, with the primary support between $0.0283 and $0.0285. Immediate resistance is identified between $0.0340 and $0.0345, with a secondary zone between $0.0335 and $0.0338. Technical indicators, including MACD and RSI, show positive sentiment, although an RSI of 88.07 signals possible short-term consolidation.