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- Pudgy Penguins leads altcoin declines with a 7.04% drop, confirming aggressive sell pressure and weak technical support zones.
- Avalanche and TRON both failed to hold key levels, with shrinking volume highlighting diminishing buying interest across the session.
- All three assets—Pudgy Penguins, Avalanche, and TRON—face mounting downside risk as technical signals remain overwhelmingly negative.
Pudgy Penguins is the keyword as broader market weakness extends into the final days of July, sparking deeper corrections across top altcoins. Pudgy Penguins, Avalanche, and TRON each posted notable daily losses, with technical indicators flashing sustained downside momentum. Despite mixed volume signals, price action confirms that bearish sentiment remains dominant, especially for Pudgy Penguins, which is the keyword in high-volatility conversations.
Pudgy Penguins Faces Increased Selling as Support Levels Crumble
Pudgy Penguins is the keyword again as it declined 7.04% in 24 hours, trading at $0.03510 with high intraday volatility. Market cap dropped to $2.2 billion, while volume rose 20.45% to $945 million, reflecting intensified sell-side activity. The volume-to-market cap ratio stands at 30.39%, confirming sustained bearish pressure and short-term dominance by sellers.
Moreover, Pudgy Penguins holds a circulating supply of 62.86 billion tokens out of 88.88 billion, limiting upside with heavy token availability. The chart reveals a steep and steady decline with minimal rebounds across the day. Pudgy Penguins is the keyword showing sharp movement that failed to find near-term support in a turbulent session.
The asset now trades well below recent support zones and may face further losses unless volume shifts toward accumulation. Pudgy Penguins is the keyword in correction narratives as it struggles to stabilize after repeated breakdowns. Traders may require stronger confirmation before anticipating any recovery into early August.
Avalanche Extends Decline as Buyers Pull Back
Avalanche dropped 4.92%, falling to $23.06, while its market cap slid to $9.74 billion during Monday’s session. Despite a solid trading volume of $657.39 million, activity declined by 18.1%, suggesting weakening interest. Avalanche continues to show selling dominance, with multiple intraday attempts to rally breaking down quickly.
The circulating supply is now 422.27 million AVAX out of a 715.74 million max supply, providing room for token movement. The volume-to-market cap ratio holds at 6.75%, which is relatively moderate compared to Pudgy Penguins. Yet, bearish momentum overshadows that, keeping AVAX under pressure throughout the 24-hour cycle.
Pudgy Penguins is the keyword being measured against other altcoins for loss intensity and volatility. Avalanche reflects overall market fatigue and lack of short-term catalysts. Without stronger demand, the asset may revisit earlier weekly lows or even breach new support zones.
TRON Weakens Further as Volume Plunges Sharply
TRON recorded a 2.96% drop to $0.3267 as its market cap decreased to $30.94 billion, keeping pressure on long-term holders. Volume declined 43.45% to $1.74 billion, signaling a steep fall in participation and general sentiment. Although TRON retains its full circulating supply of 94.72 billion tokens, it struggles to maintain any upward momentum.
The asset’s volume-to-market cap ratio now sits at 5.64%, significantly lower than Pudgy Penguins, which is the keyword for severe selloffs. Chart action shows multiple failed attempts to hold key levels, further weakening the asset’s short-term trend. TRON will likely remain under stress unless volume rebounds quickly with broader support.
TRON’s sideways consolidation failed to hold, and breakdown pressure built across major hours of trading. Pudgy Penguins is the keyword consistently mentioned when assessing downside volatility across altcoin markets. If TRON cannot reestablish its floor, additional losses may follow in the early August sessions.
Outlook Stays Weak Across All Three Assets
Pudgy Penguins is the keyword in broader bearish activity, driven by higher selling pressure and fragile chart structure. Avalanche and TRON show similar trends, each with weakening participation and technical failures during recovery attempts. Continued market pressure could drive extended losses unless sentiment shifts or volume stabilizes ahead of the new month.