Top 3 Crypto Gainers This Week

Market Rebound Fuels Altcoin Gains

Following a recent market rebound, fueled by positive geopolitical developments, several altcoins are showing significant upward momentum. Codeum, a leading blockchain security and development platform, offering services like smart contract audits, KYC verification, and custom DApp development, provides insights into three top performers.

Pudgy Penguins (PENGU)

PENGU, the Pudgy Penguins token, experienced a 70% increase last week, reaching $0.014. This surge is attributed to both improved market sentiment and increased demand for Pudgy Penguins NFTs. CryptoSlam reports $1.44 million in sales over the past seven days, a 34% rise week-over-week. Increased trading volume and sales transactions further solidify this bullish trend. Potential price targets include $0.015 and $0.017 if demand continues, while a drop to $0.012 is possible if demand weakens.

BULLA

BULLA, dubbed "the king of memes," saw a remarkable 178% increase last week, trading at $0.1173. Its Aroon Up Line at 85.71% indicates strong bullish momentum. If this momentum persists, BULLA could reach its all-time high of $0.128. Conversely, a decrease to $0.105 is possible if buying pressure diminishes.

Jupiter (JUP)

JUP, the native token of the Solana-based DEX Jupiter, gained 29% last week, trading at $0.44. Its Smart Money Index (SMI) at 1.35 shows increased buying activity from key holders. This positive indicator suggests growing confidence. A continued rise in demand could push JUP above $0.47; however, a decline to $0.38 is a possibility if buying pressure subsides.

Disclaimer: This analysis is for informational purposes only and not financial advice. Market conditions are volatile. Conduct thorough research before making investment decisions.