Pudgy Penguins announced on X a partnership with Europe's largest Lufthansa Group's Miles & More travel mileage reward program, further promoting the application scenarios of PENGU coins. Through this cooperation, users can use PENGU or fiat currency in the Pudgy Shop store to shop and accumulate to Miles & More's mileage program at the same time. These accumulated points can be used to redeem air tickets, travel and other rewards. Miles & More is a bonus point accumulation program for frequent travelers. In the future, you can accumulate Miles & More points when you spend at Pudgy Shop.
The brand-new cross-industry cooperation means that PENGU has officially entered the mainstream traditional tourism industry, expanding the payment application scenarios of Penguin Coin PENGU to a brand-new market. Miles & More is Europe's largest travel reward website, with more than 300 partners, including airlines, hotels, car rentals, and daily necessities. Pudgy Penguins token holders can use tokens to participate in global travel reward programs.
If users want to earn mileage rewards through Pudgy Shop, they must first register a Miles & More account and create an account on the Pudgy Penguins platform, and then bind the two. Each transaction completed in the store in the future will be automatically included in the Miles & More account bonus point accumulation reward program.
Analysts believe the PENGU price is in a support range
Analysts say PENGU is in a support zone, which is formed by the upward trend line formed since April and the horizontal support level of $0.0090 to $0.0093. This range has served as a key point for price reversal many times in the past.
Although the price recently fell below the 20-day exponential moving average (EMA) and is currently still below the 50-day simple moving average (SMA), technical indicators such as the RSI approaching 40 and the MACD showing a dead cross with expanding histograms all indicate that downward pressure in the market continues to exist. However, since the price is still above the above-mentioned confluence support, if buying power enters here, there is a chance for a short-term rebound.
If the price holds this support zone and breaks through the recent high of $0.013, it will form a higher high, which may drive further upward trends. Conversely, if it falls below the confluence support zone, the next potential support level will fall back to $0.0075, which served as a phased pressure point in March and is also of reference value.
The collaboration between Pudgy Penguins and Miles & More is not just a business expansion, but can also be seen as a new development in the integration of Web 3 and traditional industries.
Miles & More gives PENGU more value, giving community participants an extra layer of real-world value return in addition to digital assets. The PENGU token issued by Pudgy Penguins can not only be used for investment, but also empowers travel enthusiasts, which is very attractive to young people who love to travel. Pure market observation, not investment advice.
The collaboration between Pudgy Penguins and Miles & More is not just a business expansion, but also a new development in the connection between Web 3 and traditional industries.
This article Pudgy Penguins announces tokens can accumulate airline mileage points, analysts believe PENGU prices are in a support range appeared first on Chain News ABMedia.
