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The Chaos of the $PENGU Launch on Binance: What Went Wrong?
$PENGU On December 17, 2024, the launch of the Pudgy Penguins token ($PENGU ) on Binance, one of the most anticipated events in the cryptocurrency market, quickly turned into a fiasco that left traders and scalpers dealing with losses and confusion. The cause: a market capitalization error that affected investment decisions during the first minutes of trading.
What happened?
Binance displayed a market capitalization of $350 million for $PENGU , when it should have actually been $3,500 million. This error originated from a delay in the update of data provided by CoinMarketCap (CMC), the data provider that Binance uses to display key metrics.
What happened?
Binance displayed a market capitalization of $350 million for $PENGU , when it should have actually been $3,500 million. This error originated from a delay in the update of data provided by CoinMarketCap (CMC), the data provider that Binance uses to display key metrics.
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$USUAL At highs right now, don't despair until the resistance is consolidated; there may be corrections and liquidate that enormous candle
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Stay strong, brother, those who sell are the ones who lose, it's the first day, the airdrops were liquidated, their volume was too diluted and everyone wanted to take profits, it will go up.
$PENGU anybody please advice me hold or close?
Buy again, it will be corrected to new highs in the medium term.
$PENGU I had sold with $17 loss ☹️
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$PENGU ⚠️Price currently in the hands of speculation, caution ⚠️
Possibly massive buyback in a new cycle due to selling by project supporters and even possible sale of Tokens coming from the wallets of the developers themselves, which would raise the price again seeking key supports at 0.05 or 0.07, trying to restore investor confidence in the token; otherwise, the token will stagnate only with the volume of Staking and the actions of speculators and MicroScalpers.
Possibly massive buyback in a new cycle due to selling by project supporters and even possible sale of Tokens coming from the wallets of the developers themselves, which would raise the price again seeking key supports at 0.05 or 0.07, trying to restore investor confidence in the token; otherwise, the token will stagnate only with the volume of Staking and the actions of speculators and MicroScalpers.
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$PENGU Be careful when investing, almost all the airdrops and TOKENS that were assigned to the community have already been liquidated, only the tokens of the project developers and investors remain, possibly the downward trend will continue until it finds a support at approximately 0.024 due to the sudden fall, at the moment it has a speculative tendency, short purchases and sales due to small increases, any large purchase is being absorbed in the supports of the Scalpers, if you are not a Scalper or do not manage these strategies, stay vigilant and do not invest at the moment.
While we Scalpers make a few dollars short by anticipating the micro supports
While we Scalpers make a few dollars short by anticipating the micro supports
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$PENGU Appears on multiple exchanges at 0.05 USD
Pudgy Penguins will launch its token PENGU on December 17 on Solana, with a total supply of 88.88 billion.
25.9% of the token supply will be distributed to the Pudgy Penguins community through airdrops, while the rest will go to other communities, employees, liquidity pools, and public good efforts.
PENGU will initially be traded on Binance, with pre-market trades valuing the token at $0.05.
$PENGU
Pudgy Penguins will launch its token PENGU on December 17 on Solana, with a total supply of 88.88 billion.
25.9% of the token supply will be distributed to the Pudgy Penguins community through airdrops, while the rest will go to other communities, employees, liquidity pools, and public good efforts.
PENGU will initially be traded on Binance, with pre-market trades valuing the token at $0.05.
$PENGU
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I will be explaining how these coins work, a lot of misinformation... Info for beginners follow me if you are interested in this world
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$VANA The typical game of bulls and bears, supports 25, 26, 27, 28, 29, and 30 as resistance, being exponential it increases the volume and raises the supports possibly breaking the resistances, monitor the advertising about $VANA since being a token of #Binance there will be news, discounts in Spot and Trading and more, there may be surprises that make it spike, if interest is shown it could reach 50 USDT today and continue towards an X500.
On the other hand, the starting price was high so the interest was more than evident, its Pool with almost 20 M locked was extremely high which will attract large whales to sniff around.
By the way, monitor $USUAL , they will be similar unless there is a division in interest and one absorbs the other.
Likewise, volume diversion in positioned cryptos like #BNB #dodge .
On the other hand, the starting price was high so the interest was more than evident, its Pool with almost 20 M locked was extremely high which will attract large whales to sniff around.
By the way, monitor $USUAL , they will be similar unless there is a division in interest and one absorbs the other.
Likewise, volume diversion in positioned cryptos like #BNB #dodge .
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Worldcoin Accumulations and Explosive Movements🚀🚀
$WLD Movements and accumulations of #Worldcoins are observed; in fact, Binance is not the one leading these volumes.
Ibit Global and BiKing lead the accumulation of #Worldcoins , showing significant activity while awaiting information about the associated projects. This accumulation reflects genuine interest in the currency at a time of low prices, with explosive growth potential in light of new news about the projects backed by Sam Altman and Tools for Humanity.
A rebound is expected soon,
Ibit Global and BiKing lead the accumulation of #Worldcoins , showing significant activity while awaiting information about the associated projects. This accumulation reflects genuine interest in the currency at a time of low prices, with explosive growth potential in light of new news about the projects backed by Sam Altman and Tools for Humanity.
A rebound is expected soon,
If you want low-risk profitability use a Grids bot, buy cheap and sell expensive as you set it up and you will gain fluctuations, look for videos of how it works.
I have been analyzing the market for a while, especially the $WLD currency, and I have about $50 in my account. I would like to take advantage of the benefits that the Word app is giving me. I learned basic things about reading charts and market behavior, but I would like to learn technical analysis. How do you recommend I start to learn?
$MOVE caught the attention of big sharks, these people are ruthless in order to inflate and deflate these junk tokens
$MOVE This 1000% movement is a joke, I don't know if it's a bug in Binance or in the token itself. I bought the coin at a time when it was constantly varying 5,500% and 5,200%. Immediately after the purchase, the coin started to behave very differently, only dropping from 5,200%. Another strange fact is that I refreshed the screen, and like magic, the token is varying in highs of 0 - 20%, falling behind $TROY and $USUAL
From experience, I made an investment with a part of the portfolio that I use for high risks.
Binance needs to fix these problems to avoid bugs of this type. 🤡🤡🤡🤡
From experience, I made an investment with a part of the portfolio that I use for high risks.
Binance needs to fix these problems to avoid bugs of this type. 🤡🤡🤡🤡