December 17th drops a bomb: 41% supply unlock for PENGU. Here's the kicker—team's already moving 3 million to exchanges every couple days like clockwork. Do the math: 288 million tokens flooding a 750 million market cap over just 13 days.
Pudgy Penguins nailed the NFT-to-consumer playbook, no question. Built something real. But here's what nobody's talking about: token holders are bankrolling the entire infrastructure while the floor sits at 34 ETH. That NFT floor price? Might as well be decorative when this unlock tsunami hits. Brand strength won't cushion velocity like this.
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LightningLady
· 23h ago
Oh my, with this unlocking schedule, the team is really treating retail investors like ATMs.
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ChainSherlockGirl
· 12-04 12:54
Damn, 3 million tokens being transferred to the exchange every few days? The pattern is so regular, it really feels like a bot is manipulating the market. It feels to me like the team is boiling the frog slowly.
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NFTRegretful
· 12-04 12:54
I calculated this timeline, damn it, this is literally a textbook example of a dump.
A 34 ETH floor price is really fragile in the face of explosive liquidity.
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APY追逐者
· 12-04 12:52
41% unlock volume is really outrageous; now the holders have to take the blame, huh?
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liquidation_surfer
· 12-04 12:42
The people who bought the dip on PENGU like I did are really panicking now... 288 million tokens dumped in 13 days? Are they trying to totally smash the market?
December 17th drops a bomb: 41% supply unlock for PENGU. Here's the kicker—team's already moving 3 million to exchanges every couple days like clockwork. Do the math: 288 million tokens flooding a 750 million market cap over just 13 days.
Pudgy Penguins nailed the NFT-to-consumer playbook, no question. Built something real. But here's what nobody's talking about: token holders are bankrolling the entire infrastructure while the floor sits at 34 ETH. That NFT floor price? Might as well be decorative when this unlock tsunami hits. Brand strength won't cushion velocity like this.