🚨PENGU Token Price Drops – What’s Going On? 📉🐧

$PENGU has seen a sharp correction after its Binance listing. Here’s why:

1️⃣ Airdrop Sell-Offs 📤

Drip.Haus airdrop recipients are cashing out fast, creating heavy selling pressure — a common trend for fresh airdrops.

2️⃣ Profit-Taking After Hype 💰

The Binance listing pump drew in traders who sold for quick gains, causing a natural price pullback.

3️⃣ Market Volatility 🌐

Meme coin sectors are wild, and limited liquidity makes PENGU's swings even sharper.

4️⃣ High Circulating Supply ⚠️

With 70%+ of the total supply in circulation, there's less scarcity, allowing for more selling pressure.

What Should You Do? 🤔

📌 Stay Calm – Post-listing corrections are normal.

📌 Watch Key Levels – Potential buy opportunities may arise at strong support.

📌 Look Ahead – Pudgy Penguins’ growing ecosystem could be a long-term catalyst.

Once airdrop sell-offs settle, PENGU might stabilize and bounce. Don’t miss the next big move! 🚀

💡 Follow for timely updates & consider dropping a tip if this was helpful! 🐧👇

#pengu #PENGUOpening