PENGU token price dropped by 6% today, extending the month-long downtrend.
Pudgy Penguins incinerated unclaimed PENGU tokens on Wednesday.
Pudgy Penguins is making rounds for its cascading price drop. The token is falling relentlessly for the past 24 hours, extending its month-long price drop. Even though its price was not going upward before, its recent token burn fueled the percent dip. Despite that, the PENGU community is still super active and loyal to the adorable penguin token.
PENGU Token Price (Source: CoinMarketCap)
The Pudgy Penguin NFT project’s PENGU token is down by more than 6% today. It is trading at $0.01093 at press time, which is multifold less from its price surge that led to all-time high value of $0.06845 recorded in December. Its market cap also dropped by 6% and is currently standing at $686.82 million.
12 Billion PENGU Tokens Burned
Today, we burned 13.69% of the total $PENGU supply upon the close of the claim.
That is 12,164,667,616
We współpracy z: https://thenewscrypto.com/pengu-price-spirals-down-after-burning-12-billion-tokens/
