Recently, $PENGU and the NFT market have finally stabilized.
This is a good opportunity for those who really like to collect. When the market is corrected, they can buy the NFT they want at a lower price. Speaking of the potential of PENGU, it is really not small. Wintermute, the market maker behind it, is not a vegetarian. Moreover, PENGU is going to build its own public chain Abstract, which is a super application chain, build its own infrastructure, and attract others to join.
It is not known whether Abstract will use PENGU as Gas, but since PENGU has issued tokens on SOL with the support of the Solana Foundation, it is likely to be Solana's Layer2 or compatible chain, so that assets can be easily transferred.
In the past, many platforms or public chains attracted users by raising the price of governance coins. So, I am now looking for an opportunity to re-enter PENGU and PENGU NFT.
When PENGU was in the most difficult time, Ethereum venture capital giant a16z did not buy the bottom, but invested in Moonbirds at a high price. But now in the Sol sector, there are not many blue chip NFT projects like PENGU and PENGU NFT. They fill the gap in the market.
In the future, as the Solana sector becomes more and more popular, PENGU is likely to become the leader in the NFT field. If its public chain is really based on Solana, then PENGU is also one of the best in SOL L2.
The market has plummeted recently, and you are stuck? When is the right time to buy the bottom? Again, if you are confused and helpless and don’t know what to do, click on the avatar and follow me. I need fans and you need references. It’s better to follow than to guess!