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Pudgy Penguins Price Prediction: PENGU Plunges 54% After Launch As This Vote-To-Earn Meme Coin Presale Surpasses $7 Million

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The Pudgy Penguins price plunged 54% in the last 24 hours to trade at $0.03117 as of 11:14 p.m. EST on trading volume that climbed to $2.2 billion. The PENGU price drop came after the non-fungible token (NFT) project’s much anticipated Dec.17 airdrop. Pudgy Penguins has distributed approximately half of PENGU’s total supply of nearly 89 billion tokens to the community. the $PENGU airdrop was one of the best airdrops out there in terms of onboarding masses instead of gatekeeping the airdrop only to Pudgy Penguins and Lil Pudgy owners even people who never engaged with the Pudgy ecosystem were able to receive a nice airdrop simply for being a… — Jeremy (@Jeremyybtc) December 17, 2024 The token debuted at a market capitalization of around $2.8 billion but has since dropped to a market cap of less than $2 billion, according to data from CoinGecko . Pudgy Penguins Price Gearing Up Towards A Bullish Trend Reversal After a sharp price spike to approximately ...