ChainCatcher Message, Coingecko's latest data shows that after the announcement of the launch of the PENGU token by the 'Fat Penguin' Pudgy Penguins, its NFT floor price dropped by 49.5% within 24 hours 📉. This drop has reduced its current market capitalization to about 576 million dollars (148,074 ETH), surpassing it in market capitalization rankings by 'Bored Ape' BAYC and Infinex Patrons, falling to fourth place.

Nevertheless, market fluctuations are the norm in the crypto world, and investors need to remain calm and view this change rationally. How the market will trend in the future remains to be seen.🔍