First XRP, Then BNB. All Signs Now Point to PENGU for the Next Breakout
- Major altcoins BNB and XRP have both broken out to new all-time highs, signaling market strength
- BNB’s rally is backed by treasury adoption, while XRP’s is fueled by new US regulatory clarity
- Traders are now watching PENGU, which is up 40% weekly and just 22% shy of its own ATH.
Crypto exchange Binance’s BNB token and then XRP both touched new all-time highs, igniting speculation that other major altcoins could be next in line to rally. With the market leaders now in price discovery, traders are turning their attention to high-momentum tokens like Pudgy Penguins’ PENGU.
BNB Smashes ATH on Treasury News
Binance’s BNB soared to an all-time high of $804.17, although it has slightly pulled back to $796.19 at the time of writing. The rally marks a 300% recovery from its bear market low of $200 in October 2023.
With a market cap of $111.5 billion, BNB now rivals major traditional companies like Nike in valuation. Notably, the bullish momentum follows Nano Labs’ move to create a BNB treasury, the first of its kind by a publicly traded company.
The firm purchased 45,685 BNB OTC at an average price of $764, and has announced plans to potentially accumul…
The post First XRP, Then BNB. All Signs Now Point to PENGU for the Next Breakout appeared first on Coin Edition.
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XRP (XRP) Price Prediction for July 25
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First XRP, Then BNB. All Signs Now Point to PENGU for the Next Breakout
- Major altcoins BNB and XRP have both broken out to new all-time highs, signaling market strength
- BNB’s rally is backed by treasury adoption, while XRP’s is fueled by new US regulatory clarity
- Traders are now watching PENGU, which is up 40% weekly and just 22% shy of its own ATH.
Crypto exchange Binance’s BNB token and then XRP both touched new all-time highs, igniting speculation that other major altcoins could be next in line to rally. With the market leaders now in price discovery, traders are turning their attention to high-momentum tokens like Pudgy Penguins’ PENGU.
BNB Smashes ATH on Treasury News
Binance’s BNB soared to an all-time high of $804.17, although it has slightly pulled back to $796.19 at the time of writing. The rally marks a 300% recovery from its bear market low of $200 in October 2023.
With a market cap of $111.5 billion, BNB now rivals major traditional companies like Nike in valuation. Notably, the bullish momentum follows Nano Labs’ move to create a BNB treasury, the first of its kind by a publicly traded company.
The firm purchased 45,685 BNB OTC at an average price of $764, and has announced plans to potentially accumul…
The post First XRP, Then BNB. All Signs Now Point to PENGU for the Next Breakout appeared first on Coin Edition.
Read More
XRP (XRP) Price Prediction for July 25