
Cryptocurrencies displayed mixed signals on Thursday as Bitcoin struggled around the $95,000 mark.
While sellers continued to threaten further downside, Moon Deng, Penghu and Ripple’s XRP gave optimistic updates to their communities. Come and find out more.
Mudeng explodes in depressed markets
Digital assets traded in the red today as the global cryptocurrency market cap fell 3.10% in the last 24 hours to $3.33 trillion.
While altcoins suffered the most with Ethereum, Solana and DOGE falling by up to 7% on their daily charts, Mudge reached a record peak.
The hippo-themed digital coin was trading at $0.0002088 after a slight decline from its daily peak.

Its trading volume has increased by more than 1000% to more than $50 million, reflecting the massive trader interest driving Mudeng’s performance.
Meanwhile, staggering gains have been achieved Ethereum co-founder reported to donate nearly $300K to raise baby hippo,
Pengu overtakes Dogwift in market capitalization
Pudgy Penguin has had an impressive performance recently and has established itself among the top meme tokens on the Solana ecosystem.
PENGU price reached new highs in the last 24 hours.
The bullish performance pushed the altcoin’s market cap to $2.35 billion, with Dogecoin reaching $2.01 billion.

PENGU is trading at $0.3730, with a slight decline from daily highs reflecting buyer exhaustion after strong gains.
The rise in the ranks of the meme reflects the growing popularity of Pengu in the crypto world.
It refers to pudgy penguins or new investors joining speculative trading.
In particular, PENGU’s recent performance demonstrates excitement about its future potential in driving use cases and adoption.
Such trends may welcome further price rises in the upcoming sessions.
A technical outlook favors more uptrend for Penghu.
This indicates a bullish trend following the breakout of a descending triangle.
This formation signals a potential uptrend following consolidation, which could take Penghu to further higher highs.
The bullish move will target $0.044 before moving towards resistance at $0.0541. This would mean an increase of 45% from current prices.
However, broader market sentiments remain important in determining Penghu’s performance going forward.
XRP presents best Q4 in 7 years
Historical data from CryptoRank shows that Q4 2024 is officially XRP’s best quarter in the last seven years.
The Remittance token surged by 255% within the past three months, an impressive performance not seen since 2017.

More details show that XRP has increased by more than 1,000% this year, with most of the increase seen in December.
The alt traded at $2.18, reflecting the current selling pressure in the crypto sector.
XRP lost nearly 5% on its daily chart indicating more near-term struggles before a recovery.
Broad market rallies following Trump’s election victory fueled XRP’s gains over the past few weeks.
Experts anticipate friendly regulations from the incoming pro-cryptocurrency US leadership.
Unlike the Biden administration, Donald Trump has promised to support crypto.
The story supports that speculation Ripple vs. SEC battle could end early next year,
Post Altcoins Wrap: Mudeng bulls dominate, Pangu overtakes WIF, XRP has best Q4 in 7 years first appeared on Invez