The newly released subcoins in the crypto market often experience sudden increases in prices by attracting great interest. However, historical data shows that there are usually harsh sales prints after these increases. This trend was also valid for Pudgy Penguin (Penguin), Animecoin (Anime) and Berachain (Bera Coin), the three breast coins released recently. These three Altcoin, which made high gains at their first output, lost more than 60 %value in a short time.
Pengu, Anime and Bera Coin fell over 60 %
The famous crypto analyst FFV shared an important determination about the performances of newly released tokens. According to the FFV’s statement on the X platform, investors are moving away from subcoins that do not quickly offer value. This has become particularly for Pengu, Anime and Bera. According to the data shared by the analyst, Pudgy Penguin and the other two tokens have decreased by at least 60 %after the AirDrop was built. Although the three Altcoin were launched at different time periods, the results were the same.
- Pengu price fell 70 %after AirDrop.
- The price of memorial has experienced 80 %loss since its exit.
- The price of the bera fell 60 %from the summit level.
How is the current performance of these crypto currencies?
The crypto market collapse in January made it difficult to recover many crypto assets. Bitcoin’s price fluctuations and consolidation process had a negative impact on the general market. Nevertheless, Bera, Anime and Pengu recently gave some recovery signals.
- Bera is trading at $ 5,491 with an increase of 8 %in the last 24 hours. However, token is still 60 %behind his $ 14.99 ACS, which he had reached last week.
- Pudgy Penguin (Pengu) token, with 11 %listed in Coinbase, rose to $ 0.01076. With this increase, the transaction volume increased by 98 %and reached $ 166 million. However, Pengu is still the highest level of all time, 81 %below $ 0.05738.
- The memorial token has increased by 4 %today, while it has been constantly tending to decline for the last month. However, with a 82 %drop from the $ 0.1861 summit, it is currently traded at $ 0.02754.
The general slimming in the breast coin industry is also remarkable. This segment, which is under great pressure in the last month, has reached 72.67 billion dollars by registering a 5 %recovery in market value today. This is seen as a potential healing signal for some tokens. One of the most important issues in investing in the crypto market is not only which tokens you get, but also to determine at which price to buy. Although purchasing from the decline is a common strategy, factors such as market sensitivity, the area of use of the token and future updates should also be considered. Pengu between these three Altcoin is still attracting strong attention thanks to the listing of Coinbase. However, the future of Bera and Anime.
