PENGU price outlook: Pudgy Party mobile game debuts on Android and iOS devices
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The trending NFT brand Pudgy Penguin has officially joined the mobile gaming industry.
On Friday, it collaborated with Mythical Games Studio to launch the Pudgy Party game on Android and iOS devices.
The launch opens the game for global online gaming enthusiasts, which could mean robust growth for the entire Pudgy Penguins ecosystem.
Market attention has shifted to native token PENGU amidst these updates.
The altcoin displays resilience despite broad market weakness, and Pudgy Party might offer the needed catalyst for the meme token to lead the market bounce-back.
Designed for the community
The new mobile game has gained attention due to its connection to the viral Pudgy Penguins NFT collection.
Pudgy Party is a lighthearted multiplayer, fast-paced party game where participants battle through mini-games and random challenges.
Meanwhile, its customization promises an unmatched gaming experience.
Players can dress their penguin pets with digital collectible, unique outfits, and emotes, with some distinct items tradeable and non-fungible tokens on Mythical’s ecosystem.
Moreover, Pudgy Party will ensure a lively gaming ecosystem through meme-inspired costumes, global leaderboards, and seasonal events.
CEO of Pudgy Penguins, Luca Netz, commented on the gaming debut, stating:
Bringing our beloved, viral characters to life in a mobile multiplayer game is an exciting step forward in our mission to create joyful, meaningful experiences for our growing global community.
Pudgy Party is fun, accessible to players of all ages, and designed to bring people together.
Why does Pudgy Party matter for PENGU?
While the native coin isn’t directly integrated into the game’s ecosystem, Mythical Games and Pudgy Penguins confirmed plans to weave PENGU, MYTH, and other coins into the gaming experience.
Such a move would increase the tokens’ utility, especially as platforms with crypto rewards revolutionize the global gaming scene.
Moreover, the game cements the Pudgy Penguins brand as a meme project prioritizing real-world use cases.
Pudgy Party will boost investor trust in PENGU as a digital asset connected to a vibrant community and product adoption.
PENGU price outlook
PENGU thrived on price charts in the past sessions as one of the most-watched meme tokens.
However, it displays weakness, mirroring the prevailing broad market slump.
PENGU trades at $0.02957 after losing over 3% of its value in the past day.
However, the price chart reveals an intriguing outlook compared to most altcoins.
Market analyst Moon said:
The PENGU chart is reflecting a sustainable internal strength, different from the general market. The increasing accumulation volume of PENGU shows that big money is still playing.
PENGU has consolidated within a defined support region, with significant volume suggesting whale presence.
Potential intensified user activity driven by Pudgy Party could help PENGU outperform amid market recoveries.
Analyst BrazilZZ highlighted two potential scenarios for PENGU’s price at current levels.
The alt has a reliable support barrier between $0.022 and $0.025, where buyers have repeatedly entered.
Holding this zone is crucial to push past the $0.035 resistance.
Overcoming this obstacle can see PENGU rallying to $0.07 amid broad market recoveries.
However, plunging below $0.022 might trigger substantial selling pressure and price declines.
The post PENGU price outlook: Pudgy Party mobile game debuts on Android and iOS devices appeared first on Invezz
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