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CoinDesk 20 Performance Update: Index Slips 2.2% as Spot Ether ETFs Begin Trading

Declines of 5.6% in ICP and 5.2% in AVAX dragged the index down in overnight trading.

23 lug 2024, 2:13 p.m. Tradotto da IA
9am CoinDesk 20 Update for 2024-07-23 - laggards

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

The CoinDesk 20 is currently trading at 2299.72, down 2.2% (-51.54) since yesterday's close.

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Four of 20 assets are trading higher.

Leaders: ETC (+4.1%) and MATIC (+1.5%).

9am CoinDesk 20 Update for 2024-07-23 - leaders

Laggards: ICP (-5.6%) and AVAX (-5.2%).

9am CoinDesk 20 Update for 2024-07-23 - laggards

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

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Pudgy Penguins: A New Blueprint for Tokenized Culture

Pudgy Title Image

Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

Cosa sapere:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

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Dogecoin turns lower after failing to hold $0.124

(CoinDesk Data)

Traders are watching $0.122 as support and $0.1243–$0.1255 as the levels DOGE needs to reclaim.

Cosa sapere:

  • Dogecoin inched up about 0.6 percent over the past 24 hours but remained stuck in a tight trading range as broader crypto sentiment, rather than token-specific news, drove price action.
  • Late-session selling pushed DOGE back below short-term support at $0.1243, turning that level into near-term resistance and signaling fading upside momentum within an overall consolidation.
  • Traders see DOGE as range-bound while $0.1222 holds, with a break below $0.12 viewed as a potential trigger for a deeper pullback and a reclaim of $0.1243 needed to reopen a test of $0.1255.