EIA Natural Gas Inventory in the U.S. for the week ending July 18

Pudgy Penguins (PENGU) has seen a strong pump of 35% over the past week, currently reporting at $0.045 in the Asian early session today (23rd), lingering below a key resistance level. Analysts state that if PENGU breaks the resistance, it will aim for a target price of $0.050.

Bitcoin Dominance has shown signs of decline, and speculation about altcoin season is growing stronger. The total market capitalization of Crypto Assets excluding BTC reached a daily Closing Price of $1.53 trillion, the highest level in eight months. Since July, the altcoin market has accumulated a 30% pump, indicating that funds are shifting from Bitcoin to altcoins, and the golden season for altcoins may be approaching.

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$PENGU JUST KEEPS PUMPING PUDGY PENGUINS ON TOP!!

Four years ago today, an NFT project called Pudgy Penguins was publicly launched at a price of 0.03 Ether. At that time, the price of Ether was about 2000 USD, which meant that the initial cost of each Pudgy Penguin NFT was only around 60 USD. This project not only issued the main Pengu NFT but also subsequently airdropped the little Pengu and fishing rod NFTs. To date, the value of these NFTs has significantly increased. The floor price of the main Pengu NFT has reached 15.5 Ether, the little Pengu NFT is at 1.67 Ether, and the fishing rod NFT is at 0.6 Ether. The total value of the three is approximately 17.77 Ether, equivalent to 66,600 USD. During the initial token generation event (TGE) of the Pudgy Penguins project, each set of NFTs (including the big and small penguins and the fishing rod) also received an airdrop of approximately 2 million $PENGU tokens, currently valued at around $84,000. If we disregard the additional profits that other related projects may bring, an investor who invested 60 USD four years ago to purchase Pudgy Penguins NFT now has assets worth nearly 150,000 USD, equivalent to over 1 million RMB. This means an astonishing return on investment of 2,500 times. In contrast, Bitcoin's increase during the same period was 268%, while Ether's increase was only 82%. This case demonstrates the enormous potential of the NFT market, while also highlighting the importance of choosing the right projects and holding them firmly in the cryptocurrency space. However, it is important to note that not all NFT projects can achieve such significant returns. Investors should act cautiously when entering this high-risk, high-reward market, fully understand the project background, and implement risk management.