Whales Rejoice This Easter as Pudgy Penguins (PENGU) and Floki (FLOKI) Struggle — Yet One Altcoin Steals the Spotlight

This Easter is not exactly joyous for crypto whales as Pudgy Penguins (PENGU) and Floki (FLOKI) have had their worsening. Both tokens are shedding their values as PENGU faces a 37.37% decline this month, while FLOKI is a 26.61% schnozzle. Nevertheless, the means these meme coins remain in the limelight, investors are opening their eyes to a new truth — the shortcomings of glory and worsening of the situation. Nevertheless, one of the most powerful altcoins is hiding in plain sight and preparing for the big breakout. Meet BeerBear – the meme coin that is already preparing to take the stage.

Pudgy Penguins (PENGU) Is Sinking Fast

Pudgy Penguins terminated the PENGU token claim early and stated that it has burnt over $150M in unclaimed SOL tokens. According to the project leader, Luca Netz, this decision derives from the statistics where bots are evident as the primary applicants of the 8 million eligible wallets.

PENGU’s price fell by nearly 8% on April 16, and at the same time, it had a circulating supply of 62.86B tokens, and it was priced at the value of $0.0055. However, bears resulting from token burn,s which lowers the overall supply while increasing demand, failed to work on behalf of PENGU. Also, the floor price of Pudgy Penguins NFT equally went down by 11% within a week to reach the price of $29,860, which is catalyzed by the declined ecosystem.

PENGU had charming branding and NFT appeal to get over the hype train, but that does not shield it from the vicious price moves. Ranking 113 worldwide by the market capitalization in one month, PENGU diminished its capitalization of $350.95M and dropped below 37%. There is no evidence of a reversal, even when it is recorded that the average trading volume was $45.44 million.

In earlier days, whales used to invest in massive amounts, pulling the retail investor with them, but now they are bailing out. Consequently, PENGU still relies heavily on this asset though it is quite evident that the firm has lost a lot of momentum. Following this line of thought the number of tokens getting sold is on the rise and this token appears set to decline even further if it is not for a miracle to have a shoot up.

Floki (FLOKI) Is Stuck in a Death Spiral

Judging by Floki’s all-Viking crusade, it can hardly be considered that this token is going to conquer the charts anytime soon. In the FLOKI month, the price has a drop of $26.61% and FLOKI has a market capitalization of $561.86 million. The trading volume is still good for the day, worth $73.09M, but there is a massive sell signal.

Not even the once die-hard supporters of the Floki Army can hold on, and investors are now looking at how they can escape this disaster. Conclusively, FLOKI has a high inflation rate of 9.62T; hence, it is unable to recover significantly upswing movements. To some traders, the idea of another pump is slowly becoming a mirage owing to several factors, as explained below.

BeerBear – A Fresh Take on Crypto with Real Rewards

BeerBear token is an ideal utility token designed for gaming and its utility is in the community over the long term. The next Bar Brawl game to be released is not just passive holding that investors can enjoy, but it also includes elements of fun, collectibles, and rewards.

During presales, every token purchase is rewarded with Beer Points, ranging from 6% to 12%, which can further be used in purchases of NFTs and game enhancements. In addition, you can receive from 0.5% to 9% of the back commission in USDT for filling the BeerBear partners’ referrals, payments are made weekly.

A New Player with Real Breakout Potential

BeerBear is still under the radar — and that’s a good thing. As an early-stage project, it offers the kind of entry point most investors look for but rarely find:
Low presale price
Engaged early community
Strong utility from day one

And by keeping its head down and courting developers, BeerBear is putting in place the pieces that could turn into a loud roar pretty soon. Wooing is already underway, and anyone can become an early supporter.

How to Buy $BEAR – It’s Easy

1. Download MetaMask or Trust Wallet
   
2. Add USDT (BEP-20 network) to your wallet
3. Visit beerbear.io and connect your wallet
4. Choose the amount of $BEAR you want and confirm the purchase

To learn more about the potential of BeerBear, check out this video, where we dive deeper into the project’s exciting developments!

Conclusion

PENGU and FLOKI are currently in a degenerative cycle with no hope of getting out of this lineage. BeerBear, however, has planned for an earth-shattering change. Early whales are joining in, while the lucky early birds have already started to cheer; once this p[coin reaches major exchange platforms, sitter is over for latecomers.

Those who will not invest in BeerBear are likely to miss the next meme coin mania. And now, the time is now — BeerBear is going to orbit.

Website: https://beerbear.io 

Twitter/X: https://x.com/BeerBear_Meme

Telegram: https://t.me/beerbear_meme