🚀 Altcoins ENA, PENGU, IP, FLR, CRO Primed for Explosive Rally – Here’s Why

Forget the 'safe' bets—these altcoins are flashing bullish signals while Wall Street naps on its spreadsheets.

The Underdogs Awaken

ENA’s liquidity protocol just outmaneuvered legacy finance (again). PENGU’s meme magic defies 'rational' valuation models. IP’s AI data marketplace? Surging. FLR’s smart contracts bypass Ethereum’s gas wars. And CRO’s exchange token? Quietly eating Binance’s lunch.

Why Traders Are FOMOing

No fluff—just asymmetric upside. These tokens dodged last week’s BTC dip, rallied on thin volume (bullish AF), and now face thinly-supplied resistance levels. Even the SEC hasn’t ruined the party yet.

Bottom Line

Institutional money’s still stuck in ETF paperwork. Retail’s pumping Dogcoins. Meanwhile, these alts could rip 50% before your hedge fund friends finish their third coffee. *Cue Goldman Sachs scrambling to publish a 'blockchain exposure' report.*

Top 5 altcoins price performance | Source: Coingecko

Table of Contents

• Altcoin season analysis
• Pudgy Penguins
• Ethena
• Story
• Flare
• Cronos

Altcoin season analysis

The altcoin season index reads 49, down from 59 on July 21, 2025. When the value of the index crosses 75, on a scale from 0 to 100, it is considered altcoin season. The event is marked by top 50 altcoins outperforming bitcoin over a period of 90 days, offering higher gains to traders while Bitcoin dominance remains relatively low. 

Altcoin season index | Source: Blockchaincenter

On-chain analysts at Lab4crypto describe the current time period as ethereum season. This typically precedes altcoin season, as seen in previous crypto cycles.

Analysts warn traders in a recent tweet that Bitcoin could drain liquidity from altcoins if Ethereum doesn’t surpass its all-time high at $4,891. Bitcoin and Ethereum’s price trend could determine the performance of other tokens in the top 50 in August 2025.

We are now in Ethereum Season, which historically precedes altcoin season. However, be cautious, as Bitcoin can still drain liquidity from alts if Ethereum doesn't surpass its ATH. Will August be green or red? pic.twitter.com/tm1mMyo3p9

— Lab4crypto (@Lab4crypto_) July 27, 2025

Pudgy Penguins

The web3 token of the brand — popular for merchandise, toys, and digital collectibles — is rallying this week. Pudgy Penguins (PENGU) gained nearly 4% on the day, trading at $0.0436 at the time of writing. 

PENGU added 41% to its value in the last seven days and nearly 375% in the last month, according to data at crypto.news. 

PENGU could extend its rally by nearly 7% and test its peak of $0.0466. Another 30% gain could push PENGU to the 127.2% Fibonacci retracement level of its rally from the June 22 low to the July 23 peak. 

PENGU/USDT daily price chart | Source: Crypto.news

The two momentum indicators on the daily timeframe support PENGU’s gains. A correction in Bitcoin price could usher in a decline in prices of altcoins, PENGU could test support at the July 25 low of $0.0355. 

Ethena

Ethena’s (ENA) all-time high is $1.52. The token is currently trading at $0.6679, and started its rally on July 24, as seen in the ENA/USDT daily price chart. The momentum indicator, Relative Strength Index reads 82, traders need to watch RSI closely for when it drops under 70, it will generate a sell signal. 

ENA could rally 13% and test resistance at $0.75, a level that previously held steady as support for Ethena. 

ENA/USDT daily price chart | Source: Crypto.news

A correction in ENA could see the token collecting liquidity at $0.5542, a key support level for Ethena. 

Story

Story (IP) observed a slight decline in its price today; the token added nearly 17% to its value in the past week and nearly 88% in the past month. The daily price chart on crypto.news and technical indicators support a bullish thesis for IP. 

RSI and MACD signal an underlying bullish momentum in IP price trend. RSI reads 71 and MACD shows green histogram bars above the neutral line. 

IP could test resistance at $6.50 and $7, two key levels for the token, as it continues to rally higher. 

IP/USDT daily price chart | Source: Crypto.news

IP could find support at $4.70 if there is a correction in Story. 

Flare

Flare (FLR) gained 23% in the last seven days and rallied nearly 47% in the past month. The token currently trades at $0.0249, and technical indicators on the daily timeframe show the likelihood of further gains in FLR. 

FLR could rally 13% and test resistance at $0.0279 and a 20% rally could warrant a retest of a previous resistance at $0.0300. Both RSI and MACD support a bullish thesis for FLR. 

FLR/USDT daily price chart | Source: Crypto.news

FLR could find support at its July 21 low of $0.0241, and collect liquidity before another leg up, this cycle. 

Cronos

Cronos (CRO) added 15% to its value in the past week and climbed 72% in the past month. Momentum indicators on the daily price chart support further gains.

CRO could rally nearly 6% and test R1 at $0.1465; an 11% rally WOULD push CRO to $0.1537. 

CRO could find support at $0.1250, a level that acted as resistance for several months. RSI and MACD on the daily timeframe show the likelihood of gains in the CRO price. An RSI drop under 70 could generate a sell signal, while green histogram bars on the MACD imply an underlying positive momentum in the CRO price. 

CRO/USDT daily price chart | Source: Crypto.news

If Bitcoin suffers a flash crash, it is likely to usher a steep correction in most altcoins, likely taking down cryptos in the top 50, erasing recent gains. 

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.