The Pudgy Penguins token, PENGU, recently started trading on Binance but encountered technical issues and errors that led to significant trading losses for some users. Despite the initial problems, the token quickly found its equilibrium price range and has been heavily traded through Raydium. PENGU has seen high demand and achieved a large trading volume. Binance has decided to compensate affected traders with an additional airdrop of PENGU. The Pudgy Penguins NFT collection, associated with the token, experienced a price surge and subsequent crash after an airdrop announcement. The collection has achieved success outside of the crypto space through real-world product integration. The performance of PENGU will be closely watched to determine the success or failure of the brand.
- Content Editor ( cryptopolitan.com )
- 2024-12-19
Binance added to PENGU volatility with listing mistake and leaked smart contract