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Pu Sim
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I am one of the 18% holders. Stupid?😅
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CryptoNews
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Over 72% of PENGU Holders Dump All Tokens Immediately After Launch
TK Research found that more than 72% of PENGU holders have sold or moved all their tokens immediately after the launch. This means only 18% are still holding onto their entire token supply.
According to data from on-chain analysis firm TK Research, as many as 18.7 billion PENGU (PENGU) tokens have been claimed since the native token was launched, which amounts to 81,4% of its circulating token supply. The native token of the NFT collection Pudgy Penguins was launched officially on Dec. 17, listing on major exchanges such as Binance and OKX.
The analysis revealed that 72.33% of holders have sold or moved all their PENGU tokens, while 3% sold 90% of their PENGU tokens and less than 1% of holders have sold or moved 75% of their tokens. On the other hand, nearly 18% of PENGU holders still choose to keep their tokens after the launch. But only 3% have bough more PENGU tokens.
In addition, the on-chain analytics firm found that the average holder wallet has 19,300 PENGU tokens allocated.
Price chart for PENGU in the past 24 hours of trading, December 19, 2024 | Source: CoinGecko
According to data from crypto.news, PENGU has gone down by nearly 9% in the past 24 hours of trading. It is currently trading hands at $0.03. PENGU has accumulated a market cap of $1.9 billion within just two days after its public release, placing the NFT native token in 71st place on the overall crypto leaderboard by market cap.
Though, PENGU now has a daily trading volume of $2.06 billion, surpassing its market cap.
On the day PENGU was launched, an unlucky trader bought $10,000 worth of PENGU tokens a few hours after it was launched. Unfortunately, the value of the token dropped, leaving the trader with PENGU tokens worth only $3.
PENGU is the native token of popular Ethereum-based NFT collection Pudgy Penguin. The token’s launch was announced on Pudgy Penguin’s official account on Dec. 6, with a maximum token supply or more than 8 billion.
Read more: Pudgy Penguins plans to launch native token PENGU by end of 2024
According to data from on-chain analysis firm TK Research, as many as 18.7 billion PENGU (PENGU) tokens have been claimed since the native token was launched, which amounts to 81,4% of its circulating token supply. The native token of the NFT collection Pudgy Penguins was launched officially on Dec. 17, listing on major exchanges such as Binance and OKX.
The analysis revealed that 72.33% of holders have sold or moved all their PENGU tokens, while 3% sold 90% of their PENGU tokens and less than 1% of holders have sold or moved 75% of their tokens. On the other hand, nearly 18% of PENGU holders still choose to keep their tokens after the launch. But only 3% have bough more PENGU tokens.
In addition, the on-chain analytics firm found that the average holder wallet has 19,300 PENGU tokens allocated.
Price chart for PENGU in the past 24 hours of trading, December 19, 2024 | Source: CoinGecko
According to data from crypto.news, PENGU has gone down by nearly 9% in the past 24 hours of trading. It is currently trading hands at $0.03. PENGU has accumulated a market cap of $1.9 billion within just two days after its public release, placing the NFT native token in 71st place on the overall crypto leaderboard by market cap.
Though, PENGU now has a daily trading volume of $2.06 billion, surpassing its market cap.
On the day PENGU was launched, an unlucky trader bought $10,000 worth of PENGU tokens a few hours after it was launched. Unfortunately, the value of the token dropped, leaving the trader with PENGU tokens worth only $3.
PENGU is the native token of popular Ethereum-based NFT collection Pudgy Penguin. The token’s launch was announced on Pudgy Penguin’s official account on Dec. 6, with a maximum token supply or more than 8 billion.
Read more: Pudgy Penguins plans to launch native token PENGU by end of 2024
Thanks
Az idézett tartalmat eltávolították
Till now I lost half😅
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Binance Announcement
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Updates on Pudgy Penguins (PENGU) Token Information
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Due to a delay in updating the token information for Pudgy Penguins (PENGU) by our data provider CoinMarketCap, the market capitalization and full diluted valuation (FDV) displayed data for the project was not updated in time upon the listing on Binance Spot. Binance notified the CMC team upon discovery and CMC has swiftly refreshed their data.
The transparent nature of blockchain means on-chain data will be the most reliable and updated. As an exchange platform, Binance uses third-party sources to display data for our users’ convenience and reference only.
As a goodwill gesture, Binance has earmarked 135,000,000 PENGU tokens to be distributed to eligible users who bought PENGU between 2024-12-17 14:00 (UTC) and 2024-12-17 14:37 (UTC). The airdrop distribution will be credited to eligible users’ master accounts within 72 hours.
Airdrop Details:
Transaction Snapshot Period: 2024-12-17 14:00 (UTC) to 2024-12-17 14:37 (UTC)Eligible Airdrop Users: Users who purchased PENGU in the Binance Spot market (excluding the project’s market makers and VIP 4 - 9 users).Airdrop Rules: Binance will airdrop 135,000,000 PENGU to eligible users who purchased PENGU on Binance Spot during the transaction snapshot period based on their spot purchase volume.
For example, User A purchased 10 PENGU at 2024-12-17 14:10 (UTC) and sold all their PENGU at 2024-12-17 14:47 (UTC). The amount of PENGU token they can receive will be:
(10 / Total amount of PENGU purchased by all eligible users during the transaction snapshot period) * 135,000,000 PENGU
Binance apologizes for any inconvenience caused to users. In addition to conducting a review with our data provider, Binance will implement measures to prevent recurrence, including exploring alternative and multiple data sources.
Thank you for your support!
Binance Team
2024-12-18
Note: This announcement was updated on 2024-12-18 to clarify the airdrop distribution will be credited to eligible users’ master accounts within 72 hours.
Fellow Binancians,
Due to a delay in updating the token information for Pudgy Penguins (PENGU) by our data provider CoinMarketCap, the market capitalization and full diluted valuation (FDV) displayed data for the project was not updated in time upon the listing on Binance Spot. Binance notified the CMC team upon discovery and CMC has swiftly refreshed their data.
The transparent nature of blockchain means on-chain data will be the most reliable and updated. As an exchange platform, Binance uses third-party sources to display data for our users’ convenience and reference only.
As a goodwill gesture, Binance has earmarked 135,000,000 PENGU tokens to be distributed to eligible users who bought PENGU between 2024-12-17 14:00 (UTC) and 2024-12-17 14:37 (UTC). The airdrop distribution will be credited to eligible users’ master accounts within 72 hours.
Airdrop Details:
Transaction Snapshot Period: 2024-12-17 14:00 (UTC) to 2024-12-17 14:37 (UTC)Eligible Airdrop Users: Users who purchased PENGU in the Binance Spot market (excluding the project’s market makers and VIP 4 - 9 users).Airdrop Rules: Binance will airdrop 135,000,000 PENGU to eligible users who purchased PENGU on Binance Spot during the transaction snapshot period based on their spot purchase volume.
For example, User A purchased 10 PENGU at 2024-12-17 14:10 (UTC) and sold all their PENGU at 2024-12-17 14:47 (UTC). The amount of PENGU token they can receive will be:
(10 / Total amount of PENGU purchased by all eligible users during the transaction snapshot period) * 135,000,000 PENGU
Binance apologizes for any inconvenience caused to users. In addition to conducting a review with our data provider, Binance will implement measures to prevent recurrence, including exploring alternative and multiple data sources.
Thank you for your support!
Binance Team
2024-12-18
Note: This announcement was updated on 2024-12-18 to clarify the airdrop distribution will be credited to eligible users’ master accounts within 72 hours.