Coin $PENGU (PENGU) is a cryptocurrency based on blockchain $SOL (SOLENA) launched in 2022. Here are the definitions and key features:
Key Features
1. Meme coin: PENGU was developed as a humorous and non-serious project.
2. Solana Blockchain: Uses Solana blockchain technology for fast and cost-effective transactions.
3. Limited availability: The total number of PENGU available is limited.
4. Fair distribution: PENGU is distributed fairly to Solana users via airdrop.
Goals
1. Entertaining: PENGU aims to entertain and invite people's interest in cryptocurrency.
2. Raising awareness: PENGU can raise awareness about blockchain technology and cryptocurrency.
3. Building a community: PENGU has an active community that supports the project.
Risks
1. Price volatility: PENGU's price can fluctuate drastically.
2. Lack of fundamentals: PENGU does not have a strong intrinsic value.
3. Regulation: Changes in regulation can affect the price.