🐧 $PENGU Soars on NFT Sales Surge
PENGU token surged to $0.01450, its highest since May 23, marking a 52% rebound from last week and 232% up YTD. The rally comes as Pudgy Penguins NFT sales jumped 38% to $1.5M, with 68 transactions (+36%) and a rise in both buyers (+48%) and sellers (+32%). 🔥📈
💰 Whale Buying Fuels Bullish Momentum
Whales and public figures loaded up during the recent dip. Public figure holdings rose 5.6% to 301.7M tokens, while whale holdings jumped 13% to 1.89B tokens, signalling expectations of further gains. 🐋🚀
📉 Supply Drops Boost Confidence
PENGU’s supply fell to 14.7B from 15.6B, a bullish indicator as exchange reserves decrease, hinting that investors are HODLing rather than selling. Pudgy Penguins remains the 10th most popular NFT collection, cementing strong market confidence. 💎🙌