$PENGU 🚨 PENGU Token Takes a Dive – Here’s Why! 🐧📉

1️⃣ Airdrop Sell-Off 📤

PENGU tokens from Drip.Haus airdrops are flooding the market as early supporters cash out for quick profits, causing selling pressure.

2️⃣ Profit-Taking Hype 💰

After Binance’s listing pumped the price, traders sold rapidly, which is typical for hyped launches.

3️⃣ Meme Market Volatility 🌐

The meme coin market is shaky, with limited liquidity and concentrated token holders creating sharper price swings.

4️⃣ High Supply Circulation ⚠️

Over 70% of PENGU’s supply is in circulation, reducing scarcity and pressuring prices.

What’s Next? 🤔

📌 Corrections are normal—selling pressure will stabilize.

📌 Watch key support levels for entry points.

📌 PENGU’s ecosystem has big plans across Ethereum and Abstract, offering long-term potential.

🐧 Dip buyers or holders—what’s your move? Share your strategy! 💬

#PENGUOpening