The NFT project Pudgy Penguins announced a new partnership with Lufthansa and its popular bonus program Miles & More. This agreement will allow users to earn miles for purchases in the branded Pudgy Shop, paid for with both PENGU tokens and regular currencies. Accumulated miles can be spent on tickets, travel and other Lufthansa offers.
To take advantage of the opportunity to receive bonuses, you need to create accounts on two platforms at once: in Miles & More and in Pudgy Shop. Next, you will need to link these accounts through a special window available on the store's website. After successful linking, each payment in the store automatically brings the participant additional miles.
Despite the positive news about the collaboration, the PENGU token rate remained under pressure from the general decline in the crypto market. Over the past 24 hours, its value has fallen by almost 13%, reaching $0.009477.
Signals from technical charts confirm the negative market sentiment towards this asset. The RSI and MACD indicators on the daily timeframe indicate a further decline in the near future. If the current support level does not hold, the price may fall to $0.0075.
Thus, even the launch of a partnership program with one of the largest airlines in Europe has not yet been able to influence the dynamics of the token, which is moving in line with the general downward trend in the cryptocurrency sector.