What will happen with PENGU in the coming days?

The **PENGU** token, linked to the popular NFT project Pudgy Penguins, has shown significant volatility since its recent launch. Here are some key aspects that may influence its price in the coming days:

1. **High initial selling activity**: After reaching a volume of $425 million in its first hours, data shows that sellers vastly outnumber buyers, leading to downward pressure. However, this correction phase is typical in new tokens after an exuberant initial rise.

2. **Growing interest in its ecosystem**: The Pudgy Penguins project is expanding its reach into products such as movies, games, and TV shows, in addition to integrating the token across various blockchains. This diversification may increase its utility and, consequently, attract more long-term interest.

3. **Impact of future airdrops and burns**: NFT holders associated have 88 days to claim PENGU tokens, and unclaimed tokens will be burned. This could reduce the circulating supply and mitigate current downward pressures.

### Conclusion

In the short term, PENGU may continue to experience corrections due to the high initial supply and profit-taking by early investors. However, its potential to consolidate as a relevant token will depend on how the Pudgy Penguins team executes its multichain strategy and expands its ecosystem.

For those considering investing, it is crucial to monitor the balance between demand and supply in the coming days, as well as to evaluate the evolution of its use in the NFT ecosystem and beyond. $PENGU #CRIPTOMONEDAS