$PENGU
Danger warning! Danger warning!
The newly launched cryptocurrency $PENGU has a market value of 2.3 billion USD
Currently, even for the IP source - Pudgy Penguins series NFTs, calculated at 19$ETH , the total market value of 8888 is only about 700 million
Therefore, I personally feel that this actual market value has been extremely overestimated
Moreover, this project has a huge airdrop volume
Our community's airdrop accounts for 25.9%, while other communities' airdrop accounts for 24.12%
Currently, the airdrop receiving interface has crashed, but as the system recovers, there will be a continuous influx of airdrop selling pressure arriving in the market
So I suggest those who want to enter the market wait for a period of pullback and consolidation before entering
In addition, be aware that the Binance contract opens at 12:15, which may promote a reasonable valuation.