The crypto market is currently moving sideways, with many altcoins lacking a clear direction. However, there are a few altcoins trending today that have seen various price movements. Pudgy Penguins (PENGU), a token launched by NFT collection Pudgy Penguins, is currently facing a 50% decline in the last 24 hours due to a recent airdrop. Despite the decline, there are signs of recovery and the token could potentially rise in value if the current increase in volume continues. On the other hand, Hyperliquid (HYPE), another trending altcoin, has not seen a significant increase in value in the past 24 hours and is currently facing low demand. Its price could decline further if demand continues to fall, but an increase in buying pressure and market volume could change the trend. Happy Cat (HAPPY), a meme coin built on Solana, is one of the few cat-themed meme coins that have seen an increase in price in the past 24 hours. However, its price is currently struggling to hold these gains and is at risk of dropping if it falls below certain moving averages. If demand for HAPPY rises again, the price could potentially climb further.



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