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Pudgy Penguins (PENGU) is currently one of the best-performing cryptocurrencies in the market, rallying more than 600% over the last three months. The Solana-based memecoin has rallied 19.6% in the daily charts, 28% in the weekly charts, and 200.7% in the 14-day charts, 409.9% in the monthly charts. Even more impressive, PENGU rallied 601.6% over the previous three months, as CoinGecko reveals. Source: CoinGecko What’s Behind Pudgy Penguin’s 600% Rally? Source: Watcher.Guru Pudgy Penguins skyrocketed into the spotlight thanks to the project’s NFT collection. The NFTs are one of the most significant in the market right now. The collection has a market cap of about 143,897 ETH, with 8888 unique collectible cartoons. It currently sits behind CryptoPunks as the second-largest NFT collection. Pudgy Penguins launched its official PENGU memecoin on the Solana blockchain in December of last year. The coin has garnered considerable fame since its debut. PENGU’s rally was ...

Ripple’s native token XRP touched a new all-time high of $3.65 on Friday after seven and a half years. The previous ATH was at $3.40, which it reached in January 2018. The price decline was prolonged due to the SEC and Ripple lawsuit, which dragged on for years, affecting its price. Even after these many years, the purview of the legal eagle remains on the Ripple Foundation as the lawsuit continues. Source: Coingecko Since 2018, XRP’s price climbed above $3 only once in January this year, ahead of Trump’s inauguration, failing to reclaim its all-time high. It hit $3.24 and dipped to the $2.90 and $1.90 range during the last six months. The leading altcoin picked up steam in the charts in July as Bitcoin hit a new all-time high of $122,838 on Monday. It pulled the broader cryptocurrency market along with it as leading altcoins printed new highs. Also Read: July End Price Prediction For Ripple (XRP) What Next For XRP After New All-Time High? Source: Reddit Ripple’s...

XRP is experiencing a notable increase in buying pressure, potentially laying the groundwork for a push toward the key $3 resistance level. Over the past 24 hours, XRP’s market capitalization has surged by approximately $6.25 billion, rising from $127.97 billion to $134.22 billion. XRP one-day market cap chart. Source: CoinMarketCap This influx of capital is reflected in the price action, with XRP currently trading at $2.29, up more than 4% on the day and nearly 6% over the past week. XRP seven-day price chart. Source: Finbold From a technical standpoint, XRP is hovering around its 50-day simple moving average (SMA), a level often viewed as a critical short-term trend indicator. The price remains well above its 200-day SMA at $1.90, reinforcing the asset’s longer-term bullish trajectory.  Meanwhile, the 14-day Relative Strength Index (RSI) stands at 46.61, suggesting neutral momentum but leaving room for considerable upside. XRP’s path t...