Kaiko: The market depth of PENGU tokens has stabilized in the range of 2 million US dollars, but the hourly trading volume has plummeted to 10 million US dollars
On December 21, cryptocurrency market data provider Kaiko revealed that after a rocky launch on centralized exchanges earlier this week, the market depth of Pudgy Penguins' PENGU token has essentially stabilized at around $2 million, higher than its initial value of about $1 million. However, the hourly trading volume of the PENGU token plummeted from $260 million at launch to just about $10 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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