Price Performance and Forecast: PENGU has seen significant price fluctuations since its launch. On December 17, 2024, it was trading at around $0.003375, later rising to $0.05019 after the free reward distribution. Currently, it is trading near the $0.04 level.
Factors affecting price: The price of PENGU is affected by factors such as supply and demand, project updates, activity of large investors (whales), and regulatory developments. For example, the price of PENGU recorded an increase of 18% after a large whale accumulated the coin.
Conclusion: PENGU is a key part of the Pudgy Penguins ecosystem, with plans to expand the project and increase community engagement. Despite the positive outlook, investors should do their own research and understand the potential risks before investing.