Track market-moving stories before they get noisy

Altcoins are setting up for decisive moves this weekend. Whale accumulation, token unlock overhangs, and structural reversal patterns compete across three watched setups. Thus, BeInCrypto analysts have identified three altcoins to watch this weekend.

On-chain flows, ETF positioning, and chart structure create specific decision points over the next 48-72 hours.

Official Trump (TRUMP)The first of this weekend’s altcoins to watch is TRUMP. The top 100 TRUMP addresses increased their holdings by 2.47% over the past seven days. That adds roughly 23.5 million TRUMP to their combined stash of 976.18 million. Whales in the tier below added another 2.41%. Meanwhile, exchange balances dropped 9.05%, with roughly 14 million TRUMP leaving centralized venues in the same window.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Holder Distribution: NansenThat accumulation aligns with positioning ahead of the Mar-a-Lago crypto and business conference on April 25. The top 297 holders from the April 10 snapshot get seats at the event. The 29 largest whales receive VIP access to the president. The ramp in holdings before a concrete catalyst hints at weekend altcoin volatility building into next week.

On the price chart, TRUMP has consolidated between $2.77 and $3.11 since late March. The $2.77 support has held on multiple tests. It now forms a cup base with a potential double-bottom inside it. Volume has quietly expanded on the green candles since March 23, a divergence typically seen before accumulation-led recoveries.

TRUMP Price Analysis: TradingViewThe bullish case needs a daily close above $3.11. A clean break would target $3.51, a projected 12.60% move. However, the bearish invalidation is a daily close below $2.77, which would break the double-bottom base and expose lower levels.

LayerZero (ZRO)LayerZero (ZRO) is the next altcoin to watch as a 25.71 million ZRO token unlock is scheduled for April 20. This represents 5.34% of released supply. That tranche is worth roughly $49.62 million at current prices. That event lands on Monday, meaning any selling pressure around it could build through the weekend.

Upcoming Unlock: TokenomistThe unlock matters because of what is happening on the chart. ZRO rallied 73.14% between February 19 and March 18, climbing from $1.38 to $2.39. Since that peak, price has been trading inside a falling channel. The structure is technically a continuation pattern, which means the prior rally can resume if the channel breaks upward. ZRO has tried the upper boundary twice, once on April 8 and again on April 14. Both attempts failed.

A third attempt might form now. However, the timing is poor. Any rally into the channel’s upper trendline this weekend faces the 25.71M token unlock as an immediate overhead wall. That dynamic makes ZRO one of the more complicated weekend altcoin setups to track.

ZRO Price Analysis: TradingViewThe bullish case needs ZRO to defend $1.97, the 0.236 Fibonacci, through Monday. A move above $2.12 would neutralize the channel’s bearish pressure and target $2.24 and $2.36. Yet the bearish invalidation is a loss of $1.97, which would expose $1.73.

Chainlink (LINK)The third of this weekend’s altcoins to watch is Chainlink. Whale holdings outside of exchanges climbed from 650.55 million LINK on April 16 to 663.4 million currently. That is roughly 12.85 million LINK added in under 24 hours, worth approximately $122 million at current prices.

Meanwhile, institutional flows followed the same direction. Chainlink ETFs posted $1.57 million in net inflows on April 16, their biggest day since March 19. That print extends a six-day positive streak, the longest since the product launched in December.

LINK Whale Holdings: SantimentYet the conviction behind those pickups runs counter to what the chart shows. On the daily timeframe, LINK is forming a head-and-shoulders pattern. The head peaked at $10.07 on March 16. The right shoulder has now completed near $9.68 on April 16, which is almost exactly where whales and ETFs are accumulating. The setup creates a rare tension, with big money buying into what is structurally a bearish reversal pattern.

LINK Price Analysis: TradingViewThe bullish case needs a daily close above $9.68 to weaken the pattern. A move through $10.07, the head’s peak, would fully invalidate the structure. The bearish case triggers on a loss of $9.24, the 0.236 Fibonacci, which would expose $8.97 and $8.74. A break of the $7.96 neckline would confirm the pattern and project a roughly 17.5% decline.

Altcoins to watch this weekend are setting up for a concentrated volatility window. A major gala, a privacy coin consolidation, and a recent breakout showing distribution signals are converging across 48-72 hours.

On-chain positioning, derivatives flow, and chart structure create specific decision points over the weekend. BeInCrypto analysts have identified 3 altcoins to watch this weekend, led by interesting reasons and chart setups.

MemeCore (M)The first of this weekend’s altcoins to watch is MemeCore (M). On-chain investigator ZachXBT flagged roughly 90% insider supply concentration a few days back. Yet, the token has kept running despite the call-out. M printed a fresh all-time high near $4.85 just hours ago, extending a vertical rally off the April 19 low of $2.79.

Officially recognized on @ZachXBT ! We’re just getting started.

Please provide a single data point to support your $6B mkt cap at a top 20 token and why insiders hold >90% of supply. pic.twitter.com/rsFD3oBgfM

— ZachXBT (@zachxbt) April 20, 2026 The 12-hour chart carries a conflicted structure. At first glance, the rally from $2.79 on April 19 to $4.85 on April 24 looks like a classic bull flag forming, a pole-and-flag continuation pattern that typically resolves higher.

However, the price also stalled near $4.73 a few days back before pushing slightly higher to $4.85, and that structure can equally be read as an approximate double top. The two readings point to opposite outcomes, which makes the consolidation level critical for altcoin traders tracking the setup.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

MemeCore Price Analysis: TradingViewThe volume tape favors the bearish read.

Between the March 25 swing high and April 24, price trended higher on lower volume, a divergence that typically precedes distribution-led corrections. A pullback to $4.36 or $4.06 could look like a flag consolidation and trigger dip buying.

However, a loss of the $2.79 low breaks the double-bottom base of the entire rally and projects a roughly 41% decline toward $1.64. The pullback can go deeper than flag traders expect.

Zcash (ZEC)The second altcoin to watch this weekend is Zcash (ZEC). The privacy coin has picked up a fresh institutional tailwind. Foundry’s institutional Zcash mining pool, which launched around April 13, is now attracting meaningful hashrate, signaling that institutional miners are onboarding the network. That backdrop feeds a bullish technical setup already forming on the chart.

🚀 Foundry Zcash Pool is officially live! Since our announcement last month, we've seen rapid hashrate growth reaching ~30% of network hashrate. Institutional miners have been looking for compliant, purpose-built $ZEC infrastructure, and we're proud to deliver it.

Additionally,… pic.twitter.com/GOXyKrqhhH

— Foundry (@FoundryServices) April 13, 2026 On the daily timeframe, ZEC is forming a cup and handle pattern, a bullish continuation structure where the cup marks the recovery from a low and the handle represents a shallow consolidation before a potential breakout. The cup formed with ZEC bottoming near $190.60 and rallying back to the local peak of $393.98 on April 10. Since then, the ZEC price has drifted into a tight handle consolidation, currently at $341.14 and pushing toward the handle’s upper trendline.

A bullish catalyst is lining up. The 50-day Exponential Moving Average (EMA) is closing in on the 100-day EMA, and a bullish crossover would add momentum to any handle breakout. The sloping-up neckline, the rising resistance that connects the cup’s two peaks, sits above $400.

Zcash Price Analysis: TradingViewThe weekend setup favors an attempted push, making ZEC one of the most technical altcoins to watch over the next 48 hours. A daily close above $346, the 0.236 Fibonacci level, opens the path to $400. A break above $424, the 0.618 Fibonacci level, would confirm the cup and handle and project an 88.94% move toward $458, $502, and even $800 as the best-case scenario. However, a loss of $298 weakens the structure, and a break under $232 cancels the setup entirely.

Official Trump (TRUMP)The third altcoin to watch is Official Trump (TRUMP). The Mar-a-Lago crypto conference is scheduled for Saturday, April 25. That hard date makes TRUMP the most event-driven of this weekend’s altcoins to watch.

Derivatives positioning hints at how traders are playing it. Despite TRUMP trading down roughly 14% over the past month, Binance’s seven-day TRUMP perpetual data shows cumulative long liquidation leverage at $11.26 million versus short liquidation leverage near $10 million. The mild long bias suggests traders are positioning for a Mar-a-Lago pop. However, if price corrects instead, that same long stack becomes forced-sell fuel on its way to liquidation.

Liquidation Map: CoinglassThe chart does not offer much support for the bulls. TRUMP trades at $2.85 inside a falling channel that has held since January 14, and the recent channel low of $2.70 on March 12 sits just below current price. The key decision level is $2.76. A break under $2.76 triggers the long liquidations and opens a deeper slide.

TRUMP Price Analysis: TradingViewA Mar-a-Lago bounce can push price toward $3.44, which represents a 20% move that still stays inside the bearish channel. Only a daily close above $3.86 flips the structure fully bullish. A break under $2.70 breaks the channel floor and exposes lower levels.

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Official Trump [TRUMP] fell 2.6% over the past 24 hours, bringing its market cap to $477 million. Daily trading volume dropped 32% to $271 million.

Even so, liquidity remained healthy. The volume-to-market cap ratio stood at 56.88%.

Last week’s breakout sparked bullish momentum, but the recent pullback exposed lingering weakness. This left traders focused on whether the breakout structure could survive the correction.

TRUMP price prediction: Will the $1.80 breakout level hold? After breaking out of a descending channel, TRUMP rallied to $2.40 before entering a correction phase.

Before the breakout, the price consolidated near the channel’s upper boundary. That suggested sellers were gradually losing control.

The pullback remained in play at press time. If TRUMP held above $2, it could consolidate before attempting another move higher.

However, a break below that level could send the token toward $1.80, where the breakout originally occurred.

The Relative Strength Index (RSI) also retested the neutral zone after moving above it. At 51, the indicator reflected mild retracement rather than strong selling pressure.

Source: TRUMP/USDT on TradingView Even during the pullback, buyers remained active. However, momentum appeared limited.

The MACD histogram stayed green, although the bars had begun fading. Meanwhile, the signal line continued pointing upward, hinting at possible continuation.

If support held, TRUMP could target the $2.60-$3 range, followed by the $3.50-$4 zone. Otherwise, the price could slide back into its previous channel.

Why is TRUMP correcting? The ongoing pullback was not driven by technical factors alone.

Profit-taking after last week’s 25% rally likely added pressure. Broader risk-off sentiment across the crypto market may also have weighed on demand.

On top of that, traders faced an upcoming token unlock.

Around 6.3 million TRUMP tokens worth $13.8 million are scheduled for release next week. That represents roughly 0.63% of the circulating supply.

Daily releases of about $1.87 million, or 0.09% of supply, are also expected. Such events often increase short-term selling pressure.

Source: CoinMarketCap Are whales buying the dip? Having said that, some large holders appeared to be accumulating during the pullback.

According to Onchain Lens, a whale withdrew 1.5 million TRUMP tokens worth $3.16 million from Binance. The largest single transfer involved 600,000 TRUMP tokens valued at roughly $1.27 million.

The tokens were moved to newly created wallets outside exchanges. Such transfers are often associated with accumulation rather than immediate selling.

Source: Onchain Lens That accumulation could provide support if buying demand continues. Even so, bulls would still need to defend key levels to prevent a deeper correction.

Final Summary TRUMP memecoin declined 2.6% over the past 24 hours as it moved deeper into a post-breakout correction. Profit-taking and upcoming token unlocks added selling pressure. However, whale accumulation suggested some investors were positioning for a potential rebound.

A new airdrop for FLOKI Coin investors was previously announced, and the snapshot was taken on August 29. OKX investors holding FLOKI Coin in their accounts as of August 29, 2024, 23:59:59 UTC, will be eligible for the Simon’s Cat (CAT) airdrop. The Floki Coin team has now published the necessary conditions and other details.

The airdrop for investors holding FLOKI Coin will be given to those holding at least 400,000 tokens. The minimum amount determined in tokens was related to the potential for debate over the dollar requirement due to market fluctuations. For example, when the price was $0.000125, an investor holding 400,000 FLOKI Coin had $50 worth of tokens, and those holding this amount or more will receive CAT Coin entitlement.

Total eligible holders on OKX will receive CAT Coin at a 1:1 ratio if the number is equal. That is, 400,000 FLOKI Coin will be exchanged for 400,000 Simon’s Cat (CAT). If the number is higher, this ratio will change.

The official Simon’s Cat ($CAT) token contract is 0x6894CDe390a3f51155ea41Ed24a33A4827d3063D, and it is important for investors to verify this to avoid falling victim to fake tokens.

After the snapshot was taken on August 29, FLOKI Coin, which had dropped more than 20%, returned gains triggered by airdrop hunters. However, it is now recovering from the $0.0001150 support and targeting $0.000138.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

A widely followed cryptocurrency analyst and trader is leaning bullish on a feline-inspired low-cap memecoin in the Binance Smart Chain ecosystem.

The trader pseudonymously known as Bluntz tells his 274,800 followers on the social media platform X that a massive breakout for the Simon’s Cat (CAT) memecoin is in sight.

[adinserter block="1"]

“Cat season alive and well, CAT just keeps vertically accumulating then breaking out, constant grind up from launch. I think a face-ripping breakout is near.”

Source: Bluntz/X Based on Bluntz’s chart, he seems to suggest that the CAT memecoin is in the process of breaking out from an ascending channel in the four-hour time frame.

CAT is trading at $0.00004263 at time of writing, up by approximately 291% from an August 22nd low of $0.0000109. CAT is based on the popular British animated web and book series Simon’s Cat. The new memecoin, which was just launched last month, currently boasts a market cap of a little over $292 million.

The widely followed analyst also offers his take on the layer-1 blockchain NEAR (NEAR). According to Bluntz, the price of NEAR is starting to turn upwards and its ascent could be bolstered by the hype around artificial intelligence (AI) technology.

In May of this year, NEAR announced that it is building tools that would enable users to develop their own AI applications on the protocol.

Says Bluntz,

“Liking NEAR again here too, starting to poke its head out of six-month downtrend.

I’m sure the AI narrative will rear its head again at some point.”

Source: Bluntz/X Looking at the trader’s chart, he seems to suggest that NEAR is attempting to breach its diagonal resistance.

At time of writing, NEAR is trading for $4.36.

Generated Image: Midjourney

A crypto strategist who continues to grow his following with timely altcoin predictions believes layer-1 protocol Sui (SUI) is gearing up to revisit all-time high levels.

Pseudonymous analyst Bluntz tells his 275,500 followers on the social media platform X that SUI’s huge rally last week suggests that the Solana (SOL) killer is en route to record-high prices.

[adinserter block="1"]

“SUI weekly absolutely insane, at this rate it’ll hit all-time high before BTC.”

Source: Bluntz/X The trader also says he believes “SUI is the next SOL.”

Last week, Bluntz said that SUI is in a technical uptrend after printing higher highs and higher lows on the daily chart.

“It’s gonna surprise a few people in the next weeks-months, in my opinion.” 

Source: Bluntz/X At time of writing, SUI is trading for $1.54.

The crypto strategist also has his radar locked on two feline-themed memecoins. According to Bluntz, Popcat (POPCAT) and Simon’s Cat (CAT) look primed for rallies after completing their respective ABC corrective wave.

The trader uses the Elliott Wave theory, which states that a bullish asset tends to witness rallies after the conclusion of an ABC correction.

Says Bluntz,

“The cats are gearing up for their next legs up in my opinion, POPCAT and CAT both done nice ABCs down over the weekend, gearing up for their next legs higher.” 

Source: Bluntz/X Based on the trader’s chart, he seems to predict that POPCAT is preparing for a move above $1. At time of writing, POPCAT is worth $0.926.

As for CAT, the analyst predicts that the memecoin will rally above $0.00005.

Source: Bluntz/X At time of writing, CAT is worth $0.000041.

Generated Image: Midjourney

Simon’s Cat crypto has pounced into the price discovery phase, achieving a fresh all-time high over the weekend.

This leap has 99Bitcoin’s analysts talking, pointing to strong technical signals and rising investor interest.

Simon’s Cat Crypto: What’s Next For the Price? On 21 September 2024, Simon’s Cat soared to a new high of $0.0000464, setting a notable milestone. But the climb was short-lived as CAT slipped to $0.0000391, dropping 6.5% in a day. This slide came on the heels of a bearish breakout, underscoring the altcoin market’s recent volatility.

Despite the slowdown, CAT’s Relative Strength Index (RSI) presents a glimmer of hope for a possible rebound. The RSI displayed early signs of bullish divergence, where the price achieved higher highs while the RSI recorded lower lows.

Did someone put @SimonsCat on a rocket 🚀 to the moon? 🌕 pic.twitter.com/wQ0JX54LSB

— Cryptobundance (@XENbundance) September 21, 2024

Momentum could be shifting, opening the door for a rally that might see CAT eye the $0.000041 resistance and its previous high. Yet, the wedge breakout hints at more declines. If the selling frenzy continues, CAT might seek support at $0.0000352, potentially dipping to $0.0000308 before rebounding.

EXPLORE: What are Bitcoin ETFs? A Beginner’s Guide (Updated 2024) 

Market Sentiment And Future Prospects Simon’s Cat is in a tight spot after hitting an all-time high and sliding back.

The bullish divergence in the RSI, which is sitting at oversold levels near 39.1, hints at a potential rally soon, but traders should tread carefully as the MACD signals fading momentum.

Breaking above $0.0000405 could reignite optimism, aiming for $0.0000464 again. On the flip side, further drops could test crucial support levels.

(CATUSDT) Simon’s Cat is riding the current market momentum, with the number of token holders jumping to 217,680 and exchange volumes on the rise. Fewer tokens on exchanges hint that more are tucked away in wallets, signaling long-term resilience.

Keep an eye on wider macroeconomic moves in the short term, such as the price of Bitcoin and the next Fed rate cut in November.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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Top Analyst Says Under-the-Radar Memecoin Ready for the Next Leg Higher, Updates Outlook on Solana Rival Sui

From an internet animated series with 1.6 billion views to a popular cat-themed token, Simon’s Cat has won over the netizens. The token is one of the highly demanded cryptos with $259.32M in market capitalization. It has also offered highly profitable days, achieving an ATH of $0.0000464 just a month ago. Moreover, the demand is persistent, as the CAT hashtag is trending on X today.

Why is Simon’s Cat (CAT) Trending On X? Since the beginning of the year, meme coins have dominated the crypto market. As a result, a new demand for Cat-themed tokens formed, including one for Simon’s Cat, due to its reference to the popular animated series. More importantly, the token is up by 147.44% since the launch, presently trading at $0.00003835, which is significantly high.

The token is again in demand for three reasons. It includes the rising demand for meme coins, as meme-themed tokens like Moodeng and Goatseus Maximus are bringing all the attention to this category. Additionally, its 60% surge in the last seven days has brought additional attention, as the market conditions are not entirely favorable. Despite that, it is calling for the need for profiting tokens like Simon’s Cat. With this, it is closer to its ATH and only needs a significant push to grow 17% more to surpass that.

This demand peaked when the Binance exchange listed 1000CATUSDT perpetual futures, leading to a 100% rally on October 21, 2024. At that time, the CAT price grew from $0.00002 to $0.00004, showing an impressive performance. A similar rally might happen again as the OKX exchange has also listed the CAT/USDT pair.

🟢 #NewListing
$CAT/USDT @SimonsCatMeme Spot trading is LIVE on #OKX!

Trade now: https://t.co/8rvC969usA pic.twitter.com/pK26jtwMqw

— OKX (@okx) October 25, 2024

Will CAT Price Hit A New ATH Anytime Soon? Right after its launch, the CAT price began following an uptrend with a few falls in between. However, despite that, it peaked at an all-time high before following a complete downtrend from September end until a few days ago. Thankfully, with the Binance perpetual contract listing, the token had the biggest price jump, doubling in value and gaining a new price trajectory.

However, that is on hold today, as the entire crypto market is down, affecting the investor’s sentiments and trading activities. As a result, the price is consolidating with a few technical factors indicating the presence of sellers. Despite that, there is strong buying pressure on the token, which could push it higher if the bulls gained dominance again. More importantly, Simon’s Cat is moving away from the first resistance at 0.000047193 towards the support at 0.000020793, indicating further consolidation. However, if it bounced from the support towards the resistance, an uptrend might begin following the high demand among investors.

What’s In There For You? Simon’s Cat is the fourth biggest Cat-themed meme coin per market capitalization, which explains its demand in the market. The eyes are NOW on the Bitcoin price rally, as many crypto analysts predicted heavy gains before year-end. If that happened, it might evolve as a high-return opportunity for other tokens like CAT as well. More importantly, the 60% surge over the week indicates the possibility for future gains as the demand among investors is rising with the OKX exchange CAT listing. As a result, this could boost the CAT price closer to an ATH in the long run, as it is only 17% away. However, with the market’s downfall, the uptrend is on a halt. If the bulls failed to show dominance, the price might decline further, but if the chart moved towards the first resistance at $0.000047193, an uptrend might begin.

BTFD Coin’s Explosive Presale, Simon’s Cat’s Soaring Market Cap, and Neiro’s Major Exchange Listings Make Them the Best Meme Coins to Join Today

Key NotesBinance will distribute 1.143 trillion CAT tokens (12.7% of max supply) and 2.67 billion PENGU tokens (3% of total supply) to eligible users who participated in the December 9-12 subscription window, with tokens arriving shortly before trading begins.Both tokens will list on December 17, with CAT trading starting at 09:00 UTC and PENGU at 14:00 UTC.The HODLer Airdrops program streamlines the reward process by automatically calculating distributions based on users' hourly average BNB balances in Simple Earn products during the eligibility period. Binance has announced the addition of two new projects, Simon’s Cat (CAT) and Pudgy Penguins (PENGU), to its HODLer Airdrops program. This initiative rewards Binance users who hold and subscribe their BNB tokens to the Simple Earn feature, providing an effortless way to earn new tokens.

The subscription window for these airdrops ran from December 9 at 00:00 UTC to December 12 at 23:59 UTC. Users who participated during this period have automatically qualified for Simon’s Cat (1000CAT) and Pudgy Penguins (PENGU) token rewards. Airdrop distributions were calculated based on snapshots of users’ BNB holdings in Simple Earn products during the eligibility period.

Eligible users will receive their tokens in their Spot Wallets within 24 hours of the announcement, and the tokens will arrive an hour before trading opens.

Airdrop Details and Token Distribution Binance announced CAT will list on December 17 at 09:00 UTC, with pairs against USDT, BNB, FDUSD, and TRY. The token has a 9 trillion max supply, with 8.1 trillion in circulation. For this airdrop, Binance is distributing 1.143 trillion CAT tokens, accounting for 12.7% of the maximum supply. Upon listing, the circulating supply will increase to 7.89 trillion tokens, equivalent to 88% of the total supply.

PENGU will go live for trading later on the same day at 14:00 UTC, with trading pairs identical to CAT. Unlike CAT, the entire supply of 88.89 billion PENGU tokens has already been minted. Airdrop rewards will distribute 2.67 billion PENGU tokens, representing 3% of the total supply. Upon listing, approximately 62.42 billion tokens (70.22% of the total) will be in circulation.

Effortless Rewards Through Binance HODLer Airdrops To participate in the HODLer Airdrops, Binance users must subscribe their BNB tokens to either Flexible or Locked Simple Earn products. The platform uses historical snapshots of user balances during the subscription period to calculate rewards, making this a straightforward process for users seeking passive earnings. The exchange explained:

“Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances in Simple Earn products (Flexible and/or Locked).”

The exchange stated that what distinguishes the HODLer Airdrops from other earning methods is that it allows users to easily earn extra tokens. With HODLer Airdrops, Binance continues to offer innovative ways for its community to access promising new projects while rewarding long-term BNB holders.

CAT has surged by more than 45% in the last 24 hours, with trading volume up 550%. Meanwhile, Pudgy Penguins will launch its PENGU token on Solana by late 2024, with a supply of 88.89 billion tokens.

Temitope is a writer with more than four years of experience writing across various niches. He has a special interest in the fintech and blockchain spaces and enjoy writing articles in those areas. He holds bachelor's and master's degrees in linguistics. When not writing, he trades forex and plays video games. 

Temitope Olatunji on X

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In brief Mobile battle royale game Pudgy Party has shut down and ceased development. The Pudgy Penguins team said that it has shifted focus to Pudgy World, a game that is "fully ours." Pudgy Party was developed in collaboration with FIFA Rivals maker Mythical Games. Pudgy Party, the Pudgy Penguins-themed mobile battle royale party game, was suddenly shut down on Friday after less than a year and is no longer available for download across iOS and Android.

According to a post on the game's official X account, the crypto-native brand decided to shut down the game in an effort to divert more focus towards its other active game, Pudgy World.

"Pudgy World continues to grow rapidly, delivers one of the most fun and novel web experiences out there, and being wholly ours, has everything we need to make it the flagship gaming product of the Pudgy Penguins universe," the team wrote.

Pudgy Party—which was co-developed with FIFA Rivals and NFL Rivals maker Mythical Games—launched globally last August, putting a spin on multiplayer party game formula of Fall Guys, challenging players to navigate chaotic obstacle courses faster than their rivals.

While familiar at its core, Pudgy Party put a crypto spin on the experience by letting players mint and trade tokenized in-game items as NFTs. With its entertaining competitive gameplay, approachable design, and optional NFT hook, Pudgy Party was named the 2025 Game of the Year by Decrypt's GG.

But while Pudgy Penguins said the game had racked up millions of downloads and was gaining traction, CEO Luca Netz told community members on Friday that the company had lost millions trying to support the project, per an X thread from someone present on the call. A Pudgy Penguins spokesperson confirmed the accuracy of that statement to Decrypt.

Pudgy World, described by developers as the "coziest place on the internet," is an online playground and hangout space that has drawn comparisons to the classic Club Penguin game, albeit with user-owned items tokenized as NFTs on Abstract, an Ethereum layer-2 network launched by the parent company of Pudgy Penguins.

Decrypt reached out to Mythical Games for comment on the closure of Pudgy Party, but did not immediately receive a response.

Pudgy Penguins token PENGU is up more than 10% on the day at a recent price of $0.0072 amid a broader market rebound, though it has fallen nearly 15% in the last month.

Pudgy Party joins a slew of prominent blockchain-powered games that have shut down and ceased development in 2025 and so far in 2026, including titles like Deadrop, Nyan Heroes, and MetalCore. Many developers complained of falling interest from players and an inability to raise further funding to continue building out their games.

On Sunday, the developers of another notable crypto game—Fishing Frenzy on Ethereum gaming network Ronin—said it would also close down and end development. That game will go offline on June 25.

"Despite our best efforts, we were ultimately unable to prove our thesis on crypto gaming and could not find product-market-business fit," the Fishing Frenzy developers wrote on X. "We spent a lot of time in the past year testing multiple directions and audiences, but the results did not give us enough conviction in a viable path forward."

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In brief Mobile battle royale game Pudgy Party has shut down and ceased development. The Pudgy Penguins team said that it has shifted focus to Pudgy World, a game that is "fully ours." Pudgy Party was developed in collaboration with FIFA Rivals maker Mythical Games. Pudgy Party, the Pudgy Penguins-themed mobile battle royale party game, was suddenly shut down on Friday after less than a year and is no longer available for download across iOS and Android.

According to a post on the game's official X account, the crypto-native brand decided to shut down the game in an effort to divert more focus towards its other active game, Pudgy World.

"Pudgy World continues to grow rapidly, delivers one of the most fun and novel web experiences out there, and being wholly ours, has everything we need to make it the flagship gaming product of the Pudgy Penguins universe," the team wrote.

Pudgy Party—which was co-developed with FIFA Rivals and NFL Rivals maker Mythical Games—launched globally last August, putting a spin on multiplayer party game formula of Fall Guys, challenging players to navigate chaotic obstacle courses faster than their rivals.

While familiar at its core, Pudgy Party put a crypto spin on the experience by letting players mint and trade tokenized in-game items as NFTs. With its entertaining competitive gameplay, approachable design, and optional NFT hook, Pudgy Party was named the 2025 Game of the Year by Decrypt's GG.

But while Pudgy Penguins said the game had racked up millions of downloads and was gaining traction, CEO Luca Netz told community members on Friday that the company had lost millions trying to support the project, per an X thread from someone present on the call. A Pudgy Penguins spokesperson confirmed the accuracy of that statement to Decrypt.

Pudgy World, described by developers as the "coziest place on the internet," is an online playground and hangout space that has drawn comparisons to the classic Club Penguin game, albeit with user-owned items tokenized as NFTs on Abstract, an Ethereum layer-2 network launched by the parent company of Pudgy Penguins.

Decrypt reached out to Mythical Games for comment on the closure of Pudgy Party, but did not immediately receive a response.

Pudgy Penguins token PENGU is up more than 10% on the day at a recent price of $0.0072 amid a broader market rebound, though it has fallen nearly 15% in the last month.

Pudgy Party joins a slew of prominent blockchain-powered games that have shut down and ceased development in 2025 and so far in 2026, including titles like Deadrop, Nyan Heroes, and MetalCore. Many developers complained of falling interest from players and an inability to raise further funding to continue building out their games.

On Sunday, the developers of another notable crypto game—Fishing Frenzy on Ethereum gaming network Ronin—said it would also close down and end development. That game will go offline on June 25.

"Despite our best efforts, we were ultimately unable to prove our thesis on crypto gaming and could not find product-market-business fit," the Fishing Frenzy developers wrote on X. "We spent a lot of time in the past year testing multiple directions and audiences, but the results did not give us enough conviction in a viable path forward."

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

Tue 16 Jun 2026 ▪ 5 min read ▪ by Mikaia A.

Summarize this article with:

There was a time when the metaverse and NFTs made investors dream of a new digital frontier. Blockchain promised to revolutionize video games and virtual ownership. Yet this enchanting universe has often turned into financial rollercoasters. The downturns outnumber the upswings. Today, Pudgy Party, a very promising mobile game, abruptly closes its doors after just a few months of existence.

In brief The Pudgy Party game closes after one year despite one million downloads. The game had only 200 to 300 active players at the end of its life. Pudgy Penguins lost several million dollars on this very costly project. Pudgy World is now the brand’s new flagship game. A mobile venture that cost millions without winning hearts Launched in August 2025 with extensive advertising, Pudgy Party had all the ingredients to succeed. This battle royale game, developed with Mythical Games and associated with PENGU, quickly reached first place on the App Store. It surpassed one million downloads and was even crowned “Game of the Year” by Decrypt’s GG. Yet behind these numbers, the reality is much darker.

According to notes from an internal meeting reported by chefjames.eth, the game had only 200 to 300 active players at the end of its life. Losses were already in the millions of dollars. Continuing the adventure would have required an additional investment of 2.5 million. CEO Luca Netz admitted he was “super ambitious” and fully embraces this difficult decision.

“I was super ambitious and thought it was one of the best Web3 games built” he said during the community meeting on June 14 (Source: chefjames.eth, X). 

The team tried to save the project by injecting nearly one million dollars more, but without success.

Pudgy World, the new life of the NFT brand The closure of Pudgy Party is not a simple abandonment. It is part of a much broader vision for the Pudgy Penguins project. The brand no longer wants to be just an NFT collection. 

It is building a true mainstream ecosystem with physical toys sold at Walmart and Target. Partnerships with Visa and Manchester City demonstrate this voracious ambition.

Pudgy World is now the gaming showcase of this strategy. This browser game, free and requiring no download, aims to attract a massive audience. Its creators carefully hid blockchain elements so as not to scare off newcomers. With 15,000 to 20,000 daily users, the game already seems to find its audience. 

Pudgy World continues to grow rapidly and offers one of the most fun and innovative web experiences.  Source: @PlayPudgyParty

The game offers 12 cities, narrative quests, and mini-games in a universe called “The Berg.” It is a bold attempt to go from a crypto niche to a global entertainment brand. However, this strategic pivot has a human cost.

The community is still angry. Players invested time and money in Pudgy Party. Today, they demand accountability. The lack of clear compensation or transfer of items to Pudgy World fuels the anger. 

“Imagine if you were one of those people who bought a Power Pudgy skin for $5,000… ” wonders a user on X (Source: Sasquatch, @sas0xatch).

Another bitterly deplores: “You ignored our feedback again and again and now you are shutting everything down. Shame. ” (Source: Foxie1, @Macieyo193416). 

The loss of trust could tarnish the brand image in the long term.

However, the PENGU token rose more than 10% after the announcement, indicating that investors support the strategic pivot. Players, however, are left on the sidelines.

Key figures of the closure 1 million downloads for Pudgy Party; Only 200 to 300 active players at the end; Several million dollars in losses already recorded; 15,000 to 20,000 daily users for Pudgy World; PENGU price: currently 0.007207 dollars. The crypto gaming industry is going through a difficult period, but NFTs are not completely abandoned. The new SEC chairman, Paul Atkins, recently clarified their legal status in the United States. This change opens up more serene prospects for projects wishing to innovate without fearing regulatory backlash.

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La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

New York, United States, 18th June 2026, ChainwireBy Chainwire

Jun 18, 2026

3 min read

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New York, United States, June 18th, 2026, Chainwire

Stratosphere, Pudgy Penguins and Streamex hosted a private Founders Table VIP Dinner in New York City during ETHConf 2026 and NYC Tech Week, bringing together leaders across digital assets, tech, AI, traditional finance and institutional capital.

The invite-only dinner took place on June 9th and gathered a curated room of founders, operators, funds, C-level executives and institutional leaders for an intimate evening of dinner and conversation.

Guests in attendance included leaders from Citi, BitMine, BitGo, Mirae Asset Securities USA, Experian, Pyth Network, Space and Time, MegaETH, B3, Stable, Antler, Delphi Digital, Fun, Linera, Vanta Trading, Streamex, PolyData, Horizen Labs, World Foundation, Zipcode, OpenLedger, Onyx, Definitive, Notalone Ventures and more.

The Founders Table format is intentionally simple: a selected guest list, a private room and no stage agenda. The goal is to bring the right people together in a setting where conversations can happen naturally.

The dinner was hosted by Stratosphere with Pudgy Penguins and Streamex. Stratosphere brought its network across founders, operators, investors and institutional teams. Pudgy Penguins added one of the strongest consumer brands and communities in digital assets. Streamex brought the institutional and real-world asset side of the conversation, with its focus on tokenized gold and commodity markets.

The Stratosphere team and its CEO, Hassan Shaikh, have continued to build Founders Table into a private dinner series around major industry conferences. After previous editions during Digital Asset Summit and Consensus, the New York dinner continued the same idea: high-quality rooms, selected attendance and conversations that are hard to recreate on a conference floor.For Stratosphere, the dinner reinforces the company’s position as an ecosystem partner for leading brands across tech, finance and digital assets. Established projects work with Stratosphere to deepen cultural relevance, strengthen market narratives and connect with founders, investors, institutions and operators across the industry.

"I’m optimistic about the next phase of digital assets, especially around the tokenization of commodities," said Hassan Shaikh, CEO of Stratosphere. "These dinners give us a way to bring funds, institutions, and founders into the same room to talk about where the market is heading."

The Founders Table series is expected to continue around major global conferences throughout the year, with future editions focused on bringing together founders, capital, institutions and leading brands in private, relationship-driven rooms.

For those interested in attending or getting involved in future Founders Table editions, reach out to the Stratosphere team.

About Stratosphere

Stratosphere is an ecosystem partner and growth consultancy for industry leaders in tech and finance, building the narratives, ecosystem partnerships, and distribution flywheels that create sustainable, repeatable growth.

Website: www.stratosphere.vip

X: @StratosphereVIP

ContactYaroslav Provada
[email protected]

Disclaimer: Press release sponsored by our commercial partners.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

New York, United States, June 18th, 2026, Chainwire

Stratosphere, Pudgy Penguins and Streamex hosted a private Founders Table VIP Dinner in New York City during ETHConf 2026 and NYC Tech Week, bringing together leaders across digital assets, tech, AI, traditional finance and institutional capital.

The invite-only dinner took place on June 9th and gathered a curated room of founders, operators, funds, C-level executives and institutional leaders for an intimate evening of dinner and conversation.

Guests in attendance included leaders from Citi, BitMine, BitGo, Mirae Asset Securities USA, Experian, Pyth Network, Space and Time, MegaETH, B3, Stable, Antler, Delphi Digital, Fun, Linera, Vanta Trading, Streamex, PolyData, Horizen Labs, World Foundation, Zipcode, OpenLedger, Onyx, Definitive, Notalone Ventures and more.

The Founders Table format is intentionally simple: a selected guest list, a private room and no stage agenda. The goal is to bring the right people together in a setting where conversations can happen naturally.

The dinner was hosted by Stratosphere with Pudgy Penguins and Streamex. Stratosphere brought its network across founders, operators, investors and institutional teams. Pudgy Penguins added one of the strongest consumer brands and communities in digital assets. Streamex brought the institutional and real-world asset side of the conversation, with its focus on tokenized gold and commodity markets.

The Stratosphere team and its CEO, Hassan Shaikh, have continued to build Founders Table into a private dinner series around major industry conferences. After previous editions during Digital Asset Summit and Consensus, the New York dinner continued the same idea: high-quality rooms, selected attendance and conversations that are hard to recreate on a conference floor.For Stratosphere, the dinner reinforces the company’s position as an ecosystem partner for leading brands across tech, finance and digital assets. Established projects work with Stratosphere to deepen cultural relevance, strengthen market narratives and connect with founders, investors, institutions and operators across the industry.

“I’m optimistic about the next phase of digital assets, especially around the tokenization of commodities,” said Hassan Shaikh, CEO of Stratosphere. “These dinners give us a way to bring funds, institutions, and founders into the same room to talk about where the market is heading.”

The Founders Table series is expected to continue around major global conferences throughout the year, with future editions focused on bringing together founders, capital, institutions and leading brands in private, relationship-driven rooms.

For those interested in attending or getting involved in future Founders Table editions, reach out to the Stratosphere team.

About Stratosphere

Stratosphere is an ecosystem partner and growth consultancy for industry leaders in tech and finance, building the narratives, ecosystem partnerships, and distribution flywheels that create sustainable, repeatable growth.

Website: www.stratosphere.vip

X: @StratosphereVIP

[PRESS RELEASE – New York, United States, June 18th, 2026]

Stratosphere, Pudgy Penguins and Streamex hosted a private Founders Table VIP Dinner in New York City during ETHConf 2026 and NYC Tech Week, bringing together leaders across digital assets, tech, AI, traditional finance and institutional capital.

The invite-only dinner took place on June 9th and gathered a curated room of founders, operators, funds, C-level executives and institutional leaders for an intimate evening of dinner and conversation.

Guests in attendance included leaders from Citi, BitMine, BitGo, Mirae Asset Securities USA, Experian, Pyth Network, Space and Time, MegaETH, B3, Stable, Antler, Delphi Digital, Fun, Linera, Vanta Trading, Streamex, PolyData, Horizen Labs, World Foundation, Zipcode, OpenLedger, Onyx, Definitive, Notalone Ventures and more.

The Founders Table format is intentionally simple: a selected guest list, a private room and no stage agenda. The goal is to bring the right people together in a setting where conversations can happen naturally.

The dinner was hosted by Stratosphere with Pudgy Penguins and Streamex. Stratosphere brought its network across founders, operators, investors and institutional teams. Pudgy Penguins added one of the strongest consumer brands and communities in digital assets. Streamex brought the institutional and real-world asset side of the conversation, with its focus on tokenized gold and commodity markets.

The Stratosphere team and its CEO, Hassan Shaikh, have continued to build Founders Table into a private dinner series around major industry conferences. After previous editions during Digital Asset Summit and Consensus, the New York dinner continued the same idea: high-quality rooms, selected attendance and conversations that are hard to recreate on a conference floor.

For Stratosphere, the dinner reinforces the company’s position as an ecosystem partner for leading brands across tech, finance and digital assets. Established projects work with Stratosphere to deepen cultural relevance, strengthen market narratives and connect with founders, investors, institutions and operators across the industry.

“I’m optimistic about the next phase of digital assets, especially around the tokenization of commodities,” said Hassan Shaikh, CEO of Stratosphere. “These dinners give us a way to bring funds, institutions, and founders into the same room to talk about where the market is heading.”

The Founders Table series is expected to continue around major global conferences throughout the year, with future editions focused on bringing together founders, capital, institutions and leading brands in private, relationship-driven rooms.

For those interested in attending or getting involved in future Founders Table editions, reach out to the Stratosphere team.

About Stratosphere

Stratosphere is an ecosystem partner and growth consultancy for industry leaders in tech and finance, building the narratives, ecosystem partnerships, and distribution flywheels that create sustainable, repeatable growth.

Website: www.stratosphere.vip

X: @StratosphereVIP

Non-fungible token (NFT) project Pudgy Penguins has expanded the retail reach of its trading card game through a nationwide rollout at Target stores in the US. 

According to a press release shared with Cointelegraph, the launch of Vibes Series 3 marks the game's biggest retail expansion to date and brings the total number of circulated cards to 15 million. The new set includes additional gameplay mechanics, original artwork and appearances by characters from the Moonbirds collection. 

Pudgy Penguins developed Vibes in partnership with Orange Cap Games, with Series 3 following two earlier releases. The digital collectible project is the fourth-largest NFT collection by market capitalization, according to data tracker NFT Price Floor.

Top five NFT collections by market capitalization. Source: NFT Price Floor

The rollout shows how Pudgy Penguins is extending its NFT-born intellectual property into mainstream consumer products as it aims to build a broader entertainment franchise beyond digital assets.

Pudgy Penguins has spent years turning its Ethereum-based NFT collection into a broader consumer brand, with ventures spanning toys, licensing and other consumer products.

Its physical toys entered more than 2,000 Walmart stores in 2023. CEO Luca Netz said in May 2024 that more than 1 million toys had been sold over the preceding 12 months.

The project’s licensing model also allows NFT holders to receive 5% of net revenue from physical products featuring their individual penguins.

The franchise has also expanded into gaming. In 2025, Pudgy Penguins launched Pengu Clash, a game on The Open Network. At the time, Netz described gaming as a vehicle for bringing the project’s intellectual property to wider audiences.

It also launched a mobile game called Pudgy Party in August 2025. According to Pudgy Penguins, the game's downloads exceeded 1 million. However, the project said on Monday that it would halt further development of the game and focus its resources on a browser-based game called Pudgy World. 

Magazine: Vietnam preps crypto pilot, HK pushes tokenization: Asia Express

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