Ethereum Dominates, PENGU Eyes Breakout as BlockDAG Presale Soars

The crypto market is experiencing a surge in activity with several major projects making significant gains. Binance Coin’s record-breaking market cap has surpassed $114 billion, surpassing household names like Nike and solidifying its dominance within the exchange token category. Meanwhile, meme coins are stepping up with PENGU targeting a potential breakout. Analysts highlight a textbook cup and handle formation on the chart, indicating a strong probability for a bullish rally toward the $0.080 zone if sellers yield to buying pressure.