PENGU is the native cryptocurrency of the Pudgy Penguins ecosystem, a popular NFT project. Its launch generated a lot of excitement in the market, significantly boosting the price and market cap of Pudgy Penguins NFTs.
PENGU trading volume is generally high, indicating a high level of interest from traders and investors in this cryptocurrency. This contributes to its liquidity and can influence price volatility.
PENGU’s market capitalization is considerable, placing it among the top cryptocurrencies on the market. This metric reflects the total value of all coins in circulation and is an indicator of its relevance in the market.
The total supply of PENGU tokens is fixed, meaning that no new coins will be issued. This feature could contribute to the coin’s appreciation in the long term as demand increases.
Risk: Investing in cryptocurrencies, including PENGU, involves a high level of risk. It is essential that you conduct thorough research and consider your own investment objectives before making any decisions.
