PENG is a streamlined solution for charitable organizations to accept donations. Founded in 2018, the platform also gives philanthropists a better tool for charitable giving.
At the heart of the platform is its native token PENG coin, which uses fast block speeds, a zero-fee structure, and an emphasis on privacy.
This article will explain all the key features of the Peng platform, the economics of its utility token, its performance in the market, and expected future prices.
Towards the end of the piece, I will also include where and how you can buy these tokens. Let’s get the ball rolling!
Peng Coin (PENG) Key Features
| Better Block Speeds | Peng offers high block speeds, resulting in fast transaction processing. This feature enhances the overall user experience. |
| Zero-Fee Structure | Users can donate on Peng without spending a chunk of it as fees, resulting in efficient philanthropy. |
| Priority Privacy | Peng emphasizes privacy-related features, allowing users to transact securely and confidentially, making it appealing to privacy-conscious donors. |
Peng Coin (PENG) Tokenomics
The total supply of the token, which is also equal to the maximum supply equals 9,999,998,355 PENG. The exact circulating supply is not publicly available.
Peng Coin (PENG) Past Performance
At the time of writing, Peng coin is trading at $0.8192 now, which is nearly 90% above yesterday’s price.
The 24-hour trading volume is at $25 million. Though the present market cap cannot be calculated, the fully diluted market capitalization can be estimated at $8.15 billion.
Peng Coin (PENG) Price Prediction
Technical analysis of the historic price patterns of Peng coin suggests that the market sentiment is neutral about PENG and the Fear & Greed Index is at 81 indicating extreme greed.
Peng coin recorded all thirty of the last month in green territory. Our experts think that now is a good time to buy Peng coins.
2024: Talking about this year’s Peng coin prices, our analysts predict a drop of 11.01% and reach $ 0.7365 by next week.
2025: Moving forward to 2025, we forecast that Peng coin prices will fall between $ 0.6633 on the lower end and $ 0.9522 on the high end. If we compare this with today’s prices, Peng Coin could deliver a 14.52% return in a year, if it reaches the upper price target.
2030: Though we are in speculative territory now, Peng coin’s price in 2030 is expected to be between $1.5362 on the lower end and $1.9428 on the high end.
Where to Buy Peng Coin (PENG)?
You can buy Peng coins from a centralized exchange like MEXC, Bitmart, Jupiter, Poloniex, Lbank, etc. If you want to double down on your decentralization philosophy, you can do the same from Raydium by swapping SOL for PENG.
How to Buy Peng Coin (PENG)?
- Go to the MEXC website and register for a free account. You can also choose the app route.
- Now verify your identification by completing the KYC procedure.
- Click on the ‘buy crypto’ link on the top left of the site. Choose the credit/debit card method.
- Now buy Peng coin directly from other users using MEXC’s peer-to-peer service.
- After buying Peng, you can hold it in your MEXC account wallet or send it to a personal wallet via blockchain transfer.
Conclusion
As a convenient and more private donation channel, Peng attracts both charity organizations and philanthropists.
The additional features like zero-transaction fees act as an icing on the cake. In the past few days, the platform’s native token, Peng coin, is gaining popularity. Our analysts are bullish on the token.
With that out of the way, we like to add that crypto assets, in general, are considered a high-risk asset class. We encourage the reader to do their research before committing to such investments.
More importantly, we recommend everyone refrain from investing with borrowed money. Generally speaking, only invest the money you can afford to lose.
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