CandleFocus Why These Altcoins Are Trending Today — December 19
2024-12-19
Author: Content Editor
The crypto market saw a significant decline in the last 24 hours, leading to liquidations and a decrease in the prices of several altcoins. The top three trending altcoins are Fuel Network (FUEL), Akuma Inu (AKUMA), and Pudgy Penguins (PENGU). FUEL's price dropped by 30.50% after its Token Generation Event (TGE) and announcement of an airdrop, potentially due to increased selling pressure. AKUMA, a meme coin on the Base network, saw a 53.60% price increase due to buying pressure. PENGU, the native tokens of the Pudgy Penguins NFT collection, experienced a 5.50% price decrease but might see a jump in value if new liquidity flows in.
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