$PENGU alert 🚨🚨
Firstly follow me and like content for spot on price prediction 🚀 X adress: rashadyusif_
Time to esrn from $PENGU in a short term 💸
🔴 Pengu at least drop to ~$0,026 from ~$0,033
Here is my investigation from whitepaper of PENGU 💡
1. Post-Airdrop Sell-Offs: Following the airdrop, a substantial number of recipients sold their tokens immediately, leading to a sharp price drop of approximately 50% from its launch value.
2. Market Sentiment and Liquidity Challenges: The broader cryptocurrency market has been unstable, with meme coins like PENGU experiencing heightened volatility. Limited liquidity and concentrated token holdings have exacerbated price swings.
3. Speculative Nature of Meme Coins: PENGU’s value is heavily influenced by market sentiment and speculative trading, making it susceptible to rapid price fluctuations, especially in the absence of strong utility or adoption