Pudgy Penguins PricePENGU

Solana’s been a wild ride, rocketing from $10 to over $250, fueled by meme coin mania, only to hit a wall and retrace. Is this dip a golden buying opportunity, or a sign the party’s over? I’m digging into on-chain metrics, dissecting how futures and meme coin trends drive Solana’s moves, and laying out lessons for traders at every level to navigate this player-versus-player game. From dominance charts to staking pitfalls, this is your guide to deciding whether to jump in or steer clear, so let’s dive in step by step. Solana’s price action tells a tale of hype and hurdles. Its chart against the US dollar shows a ceiling around $260, rejecting multiple attempts to break higher. But the Solana dominance chart, measuring its share of crypto’s market cap, reveals a slight upward trend, hinting at 56% upside if it holds. The catch? Solana’s underperforming Bitcoin, down 48% against BTC since March 2024 and 87% from its 2021 peak to mid-2023. This is a red flag, Solana’s riskier than Bitcoin, so it should deliver bigger returns to justify holding it. Without higher highs versus BTC, its risk-adjusted return is weak. Beginners, stick to BTC for stability, Solana’s volatility is brutal. I ntermediate traders, track Solana/BTC charts, underperformance signals caution. Pros, consider shorting SOL/BTC if dominance stalls, but set tight stops for meme-driven spikes. Futures markets amplify Solana’s swings, and they’re key to understanding this dip. Perpetual futures let traders bet on SOL’s price with leverage, like 10x, using small margins to control big positions. When prices drop, longs (bets on rises) get liquidated, triggering sell-offs that deepen dips, as seen in Solana’s recent pullback. Stablecoin flows add context, the stablecoin market cap, at $240B, shows fiat flooding crypto since October 2023, boosting prices, Bitcoin’s up 260% while stables grew 85%. Short-term volatility, like a 26% SOL drop, comes from swapping between stables and risk-on assets like Solana. Stablecoin dominance, the share of crypto in stables, ranges from 5% (greed) to 9% (fear), if it falls to November 2024 lows, BTC could hit $130K-$150K, lifting Solana too. Beginners, avoid futures, leverage is a trap. Intermediate traders, monitor funding rates, negative rates signal short-heavy markets, prone to pumps. Pros, use futures to hedge SOL longs with USDT, but exit on dominance spikes. The meme coin craze, led by platforms like Pump.fun, drove Solana’s 25x rally, but it’s fizzling. On-chain data shows Solana’s top tokens by liquidity are mostly meme coins, a zero-sum game where insiders with on-chain savvy buy early, leaving retail holding the bag. Pump.fun’s monthly transactions peaked in November 2024 and are now sliding, with non-meme DEX trades gaining share. The number of traders on Solana’s DEXs has crashed from 30M to 6M since October 2024, and new token creation is slowing. This signals the meme coin bubble bursting, undercutting Solana’s rally. Beginners, steer clear of meme coins, they’re insider traps. Intermediate traders, watch DEX volume, declining meme activity means sell pressure. Pros, short meme-heavy tokens on Solana, but pair with BTC longs to hedge broader crypto gains. Long-term investors might see Solana as an Ethereum rival, but staking data raises doubts. Solana’s proof-of-stake system locks up tokens, with 40M SOL staked since August 2021, reducing supply and theoretically boosting prices. But token inflation, adding 224M SOL in the same period, swamps this, diluting value. This explains why Solana lags Bitcoin long-term, inflation outpaces staking. Ethereum, with lower gas fees on layer-2s like Optimism, is regaining ground, its dominance near 2019 lows suggests a potential rebound, possibly outpacing Solana by 28% in their trading range. Beginners, avoid staking SOL, inflation kills returns. Intermediate traders, track SOL/ETH charts, ETH’s cheapness signals a flip. Pros, long ETH, short SOL if Ethereum dominance breaks 10%, but watch for SOL meme pumps. The broader market underscores Bitcoin’s edge, with its dominance rising, meaning BTC outshines most alts. Altcoin rallies kick off when Bitcoin dominance hits 70%, but we’re not there, so random alt portfolios lag. Solana’s total value locked (TVL) jumped from $6B to $8B recently, but without new traders, this capital may flee. Crypto’s a skill-driven game, insiders with on-chain analytics win, retail loses. Beginners, learn BTC basics before chasing SOL, it’s safer. Intermediate traders, diversify into stocks or gold, take SOL profits early. Pros, bet on ETH for a DeFi revival, but exit SOL if trader numbers keep dropping. Lesson Skill, not luck, drives crypto wins, use data to stay ahead. My play? I’m skeptical of Solana’s dip, the meme coin engine’s stalling, and BTC’s dominance rules. I’d hold BTC, targeting $130K-$150K, and only buy SOL below $200 if trader numbers rebound. I’m watching SOL/ETH for an ETH breakout, possibly shorting SOL at $260 resistance with a 5% stop. Beginners, dollar-cost average BTC, skip SOL for now. Intermediate traders, track Pump.fun volume, sell SOL on meme weakness. Pros, long ETH, short SOL/BTC, keep 20% in USDT for dips. Got a Solana trade or meme coin story? Drop it below, let’s keep the NEXT MOVE crew outsmarting the market! $SOL $BTC $ETH $XRP $NEIROETH $VIB $VIRTUAL $HOUSE $ADA $BROCCOLI $PENGU $PUMP

Solana’s been a wild ride, rocketing from $10 to over $250, fueled by meme coin mania, only to hit a wall and retrace. Is this dip a golden buying opportunity, or a sign the party’s over? I’m digging into on-chain metrics, dissecting how futures and meme coin trends drive Solana’s moves, and laying out lessons for traders at every level to navigate this player-versus-player game. From dominance charts to staking pitfalls, this is your guide to deciding whether to jump in or steer clear, so let’s dive in step by step. Solana’s price action tells a tale of hype and hurdles. Its chart against the US dollar shows a ceiling around $260, rejecting multiple attempts to break higher. But the Solana dominance chart, measuring its share of crypto’s market cap, reveals a slight upward trend, hinting at 56% upside if it holds. The catch? Solana’s underperforming Bitcoin, down 48% against BTC since March 2024 and 87% from its 2021 peak to mid-2023. This is a red flag, Solana’s riskier than Bitcoin, so it should deliver bigger returns to justify holding it. Without higher highs versus BTC, its risk-adjusted return is weak. Beginners, stick to BTC for stability, Solana’s volatility is brutal. I ntermediate traders, track Solana/BTC charts, underperformance signals caution. Pros, consider shorting SOL/BTC if dominance stalls, but set tight stops for meme-driven spikes. Futures markets amplify Solana’s swings, and they’re key to understanding this dip. Perpetual futures let traders bet on SOL’s price with leverage, like 10x, using small margins to control big positions. When prices drop, longs (bets on rises) get liquidated, triggering sell-offs that deepen dips, as seen in Solana’s recent pullback. Stablecoin flows add context, the stablecoin market cap, at $240B, shows fiat flooding crypto since October 2023, boosting prices, Bitcoin’s up 260% while stables grew 85%. Short-term volatility, like a 26% SOL drop, comes from swapping between stables and risk-on assets like Solana. Stablecoin dominance, the share of crypto in stables, ranges from 5% (greed) to 9% (fear), if it falls to November 2024 lows, BTC could hit $130K-$150K, lifting Solana too. Beginners, avoid futures, leverage is a trap. Intermediate traders, monitor funding rates, negative rates signal short-heavy markets, prone to pumps. Pros, use futures to hedge SOL longs with USDT, but exit on dominance spikes. The meme coin craze, led by platforms like Pump.fun, drove Solana’s 25x rally, but it’s fizzling. On-chain data shows Solana’s top tokens by liquidity are mostly meme coins, a zero-sum game where insiders with on-chain savvy buy early, leaving retail holding the bag. Pump.fun’s monthly transactions peaked in November 2024 and are now sliding, with non-meme DEX trades gaining share. The number of traders on Solana’s DEXs has crashed from 30M to 6M since October 2024, and new token creation is slowing. This signals the meme coin bubble bursting, undercutting Solana’s rally. Beginners, steer clear of meme coins, they’re insider traps. Intermediate traders, watch DEX volume, declining meme activity means sell pressure. Pros, short meme-heavy tokens on Solana, but pair with BTC longs to hedge broader crypto gains. Long-term investors might see Solana as an Ethereum rival, but staking data raises doubts. Solana’s proof-of-stake system locks up tokens, with 40M SOL staked since August 2021, reducing supply and theoretically boosting prices. But token inflation, adding 224M SOL in the same period, swamps this, diluting value. This explains why Solana lags Bitcoin long-term, inflation outpaces staking. Ethereum, with lower gas fees on layer-2s like Optimism, is regaining ground, its dominance near 2019 lows suggests a potential rebound, possibly outpacing Solana by 28% in their trading range. Beginners, avoid staking SOL, inflation kills returns. Intermediate traders, track SOL/ETH charts, ETH’s cheapness signals a flip. Pros, long ETH, short SOL if Ethereum dominance breaks 10%, but watch for SOL meme pumps. The broader market underscores Bitcoin’s edge, with its dominance rising, meaning BTC outshines most alts. Altcoin rallies kick off when Bitcoin dominance hits 70%, but we’re not there, so random alt portfolios lag. Solana’s total value locked (TVL) jumped from $6B to $8B recently, but without new traders, this capital may flee. Crypto’s a skill-driven game, insiders with on-chain analytics win, retail loses. Beginners, learn BTC basics before chasing SOL, it’s safer. Intermediate traders, diversify into stocks or gold, take SOL profits early. Pros, bet on ETH for a DeFi revival, but exit SOL if trader numbers keep dropping. Lesson Skill, not luck, drives crypto wins, use data to stay ahead. My play? I’m skeptical of Solana’s dip, the meme coin engine’s stalling, and BTC’s dominance rules. I’d hold BTC, targeting $130K-$150K, and only buy SOL below $200 if trader numbers rebound. I’m watching SOL/ETH for an ETH breakout, possibly shorting SOL at $260 resistance with a 5% stop. Beginners, dollar-cost average BTC, skip SOL for now. Intermediate traders, track Pump.fun volume, sell SOL on meme weakness. Pros, long ETH, short SOL/BTC, keep 20% in USDT for dips. Got a Solana trade or meme coin story? Drop it below, let’s keep the NEXT MOVE crew outsmarting the market! $SOL $BTC $ETH $XRP $NEIROETH $VIB $VIRTUAL $HOUSE $ADA $BROCCOLI $PENGU $PUMP

Solana’s been a wild ride, rocketing from $10 to over $250, fueled by meme coin mania, only to hit a wall and retrace. Is this dip a golden buying opportunity, or a sign the party’s over? I’m digging into on-chain metrics, dissecting how futures and meme coin trends drive Solana’s moves, and laying out lessons for traders at every level to navigate this player-versus-player game. From dominance charts to staking pitfalls, this is your guide to deciding whether to jump in or steer clear, so let’s dive in step by step. Solana’s price action tells a tale of hype and hurdles. Its chart against the US dollar shows a ceiling around $260, rejecting multiple attempts to break higher. But the Solana dominance chart, measuring its share of crypto’s market cap, reveals a slight upward trend, hinting at 56% upside if it holds. The catch? Solana’s underperforming Bitcoin, down 48% against BTC since March 2024 and 87% from its 2021 peak to mid-2023. This is a red flag, Solana’s riskier than Bitcoin, so it should deliver bigger returns to justify holding it. Without higher highs versus BTC, its risk-adjusted return is weak. Beginners, stick to BTC for stability, Solana’s volatility is brutal. I ntermediate traders, track Solana/BTC charts, underperformance signals caution. Pros, consider shorting SOL/BTC if dominance stalls, but set tight stops for meme-driven spikes. Futures markets amplify Solana’s swings, and they’re key to understanding this dip. Perpetual futures let traders bet on SOL’s price with leverage, like 10x, using small margins to control big positions. When prices drop, longs (bets on rises) get liquidated, triggering sell-offs that deepen dips, as seen in Solana’s recent pullback. Stablecoin flows add context, the stablecoin market cap, at $240B, shows fiat flooding crypto since October 2023, boosting prices, Bitcoin’s up 260% while stables grew 85%. Short-term volatility, like a 26% SOL drop, comes from swapping between stables and risk-on assets like Solana. Stablecoin dominance, the share of crypto in stables, ranges from 5% (greed) to 9% (fear), if it falls to November 2024 lows, BTC could hit $130K-$150K, lifting Solana too. Beginners, avoid futures, leverage is a trap. Intermediate traders, monitor funding rates, negative rates signal short-heavy markets, prone to pumps. Pros, use futures to hedge SOL longs with USDT, but exit on dominance spikes. The meme coin craze, led by platforms like Pump.fun, drove Solana’s 25x rally, but it’s fizzling. On-chain data shows Solana’s top tokens by liquidity are mostly meme coins, a zero-sum game where insiders with on-chain savvy buy early, leaving retail holding the bag. Pump.fun’s monthly transactions peaked in November 2024 and are now sliding, with non-meme DEX trades gaining share. The number of traders on Solana’s DEXs has crashed from 30M to 6M since October 2024, and new token creation is slowing. This signals the meme coin bubble bursting, undercutting Solana’s rally. Beginners, steer clear of meme coins, they’re insider traps. Intermediate traders, watch DEX volume, declining meme activity means sell pressure. Pros, short meme-heavy tokens on Solana, but pair with BTC longs to hedge broader crypto gains. Long-term investors might see Solana as an Ethereum rival, but staking data raises doubts. Solana’s proof-of-stake system locks up tokens, with 40M SOL staked since August 2021, reducing supply and theoretically boosting prices. But token inflation, adding 224M SOL in the same period, swamps this, diluting value. This explains why Solana lags Bitcoin long-term, inflation outpaces staking. Ethereum, with lower gas fees on layer-2s like Optimism, is regaining ground, its dominance near 2019 lows suggests a potential rebound, possibly outpacing Solana by 28% in their trading range. Beginners, avoid staking SOL, inflation kills returns. Intermediate traders, track SOL/ETH charts, ETH’s cheapness signals a flip. Pros, long ETH, short SOL if Ethereum dominance breaks 10%, but watch for SOL meme pumps. The broader market underscores Bitcoin’s edge, with its dominance rising, meaning BTC outshines most alts. Altcoin rallies kick off when Bitcoin dominance hits 70%, but we’re not there, so random alt portfolios lag. Solana’s total value locked (TVL) jumped from $6B to $8B recently, but without new traders, this capital may flee. Crypto’s a skill-driven game, insiders with on-chain analytics win, retail loses. Beginners, learn BTC basics before chasing SOL, it’s safer. Intermediate traders, diversify into stocks or gold, take SOL profits early. Pros, bet on ETH for a DeFi revival, but exit SOL if trader numbers keep dropping. Lesson Skill, not luck, drives crypto wins, use data to stay ahead. My play? I’m skeptical of Solana’s dip, the meme coin engine’s stalling, and BTC’s dominance rules. I’d hold BTC, targeting $130K-$150K, and only buy SOL below $200 if trader numbers rebound. I’m watching SOL/ETH for an ETH breakout, possibly shorting SOL at $260 resistance with a 5% stop. Beginners, dollar-cost average BTC, skip SOL for now. Intermediate traders, track Pump.fun volume, sell SOL on meme weakness. Pros, long ETH, short SOL/BTC, keep 20% in USDT for dips. Got a Solana trade or meme coin story? Drop it below, let’s keep the NEXT MOVE crew outsmarting the market! $SOL $BTC $ETH $XRP $NEIROETH $VIB $VIRTUAL $HOUSE $ADA $BROCCOLI $PENGU $PUMP

Meet $PENGU — the playful token behind Pudgy Penguins, blending NFT charm, community spirit, and crypto utility on Solana 🐧✨🧊

BONK, PEPE in Red Among Worst Performers Today As cryptocurrency markets stagnate, the meme crypto segment is underperforming today. Bonk (BONK) and Pepe (PEPE), the major meme coins created by the community, are in the red. In contrast, smaller cryptocurrencies like Pudgy Penguin (PENGU) are soaring. Meme Cryptocurrencies in Red: BONK, PEPE, SHIB Lose Value Best meme coins Bonk (BONK) and Pepe (PEPE) are the worst performers today, May 3, 2025. Bonk (BONK), one of the largest meme coins, lost over 4.6% of its market cap overnight. BONK price fell to a weekly low of $0.0000178. Pepe (PEPE), the first frog coin in history, also fell today. PEPE has fallen more than 3.1% in the last 24 hours. With PEPE below $0.000008491, its market cap is close to multi-week lows of $3.5 billion. The largest meme cryptocurrencies are looking stronger: Dogecoin (DOGE) is down 0.9%, while Shiba Inu (SHIB) is down to $0.00001323. Shiba Inu (SHIB) is on the verge of losing its position in the top 20 cryptocurrencies by market cap. In the smaller cryptocurrencies, some assets are outperforming the market. NFT-associated meme coin Pudgy Penguin (PENGU) has gained 12% overnight. The market benchmark is down 2.1%; the total market cap of digital assets has reached $3.1 trillion in equivalent. Bitcoin ETF AUM Over $115B, Highest Since Mid-February Meanwhile, Bitcoin (BTC) and Ethereum (ETH) Are Rising. The largest cryptocurrencies are up 0.1%. Bitcoin (BTC) investors are growing optimistic as ETF flows are positive for the third day in a row. According to CoinGlass, U.S. Bitcoin spot ETFs have seen their AUM grow for nearly three weeks. The total Bitcoin ETF AUM has jumped from $91 billion to over $115 billion, up 26.4% in a matter of days. Yesterday's session marked the first time in two weeks that investors managed to increase the AUM of Bitcoin (BTC) spot ETFs by over $100 million in 24 days. Bitcoin (BTC) is changing hands at $96,283 at press time. $BTC $PEPE $BONK