$PENGU opinion.

I'm sure they're scammers, albeit very sophisticated ones.

Think about it, this coin has a bunch of collaborations, and its value is falling hopelessly, it has a huge audience, but everyone "cheated" them.

My opinion is that they simply lowered the price, because $PENGU is not a MEME COIN! Read the description, this is a product from Penguin, but not a meme. I'm sure that the "lowering" was forced for two reasons:

1. To let the whales in. Look at the volumes of funds over several days.

2. To land the extra ones. Let's be objective: if you had the opportunity, would you make at least one of those present here rich? Exactly.

PS this is not financial advice and do as you wish (I've already lost my money).