**PENGU Freefalls, But There's Still Hope! 🐧**

- Just one day after its launch, PENGU, the token of the Pudgy Penguins ecosystem, has experienced a sharp drop of 57.8% to $0.02892. But, don't panic!

- The airdrop on December 17 distributed 62.8 billion PENGU to NFT holders and traders. Initially, this token was in the top 100 market capitalization before finally plummeting.

- Not only tokens, the Pudgy Penguins NFT collection was also affected, with the base price dropping 48% to 17.1 ETH. However, trading volume actually jumped 258% to $21.7 million. Some are selling, some are buying cheap!

- This trend is not new. Several other airdrops have also experienced similar volatility. But, PENGU still has a market capitalization of almost $2 billion, you know!

Comment below, come on! Is this the time to buy cheap or wait?