The current NFT field is filled with uncertainties😕, can the Fat Penguin airdrop revive NFTs?
Recently, the NFT space has been very lively👀, ME has launched Han, and the Fat Penguin has issued tokens,
with a market capitalization approaching three times that of APE, but the price trend shows that the NFT narrative is gradually losing its charm😔.
Let's talk about the valuation of Fat Penguin (PENGU).
The Fat Penguin airdrop is generous, targeting multiple groups, with amounts ranging from thousands to tens of thousands of dollars,
previous related airdrops have accumulated nearly 100,000 dollars, which raises questions🤔.
Its success relies on an active community😎, known as the "King of Engagement",
building a high loyalty and active user base through activities, this is the core value.
In terms of valuation, PENGU has a circulating market value of 1.46 billion dollars and an FDV of 2 billion dollars,
while APE has a circulating market value of 730 million dollars and an FDV of 1 billion dollars, it's hard to judge who is overvalued,
APE has stabilized😒.
What is the potential of the NFT track? Once glorious OpenSea,
has now seen its market value shrink from 13.3 billion dollars to less than 2 billion dollars,
although the crypto space is relatively high, the valuation ceiling for the NFT track is hard to exceed 10 billion dollars📊.
If you want to enjoy Web3 dividends, holding BNB is a good choice,
with "one fish four eats": preserving capital and earning tokens💰, launchpool,
megadrop, and airdrop rewards.